Boise, Idaho-based Albertsons Cos. is using cloud solutions from Microsoft Corp., including Microsoft Azure and Microsoft 365, to provide new experiences to customers and employees. By leveraging Microsoft Azure as its preferred cloud platform, Albertsons Cos. will be able to reduce friction in the shopping experience. “We are reimagining the future to serve customers in a way […]
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Beyond Meat’s List Of All-Star Athlete Investors Is Growing
Beyond Meat has some big names in sports investing in the company as the athletes have found benefits in plant-based eating. The new Beyond Meat investors and ambassadors include athletes Kyrie Irving, Shaquille O’Neal, Chris Paul, DeAndre Hopkins, Victor Oladipo, Lindsey Vonn, DeAndre Jordan, JaVale McGee, Harrison Barnes, Malcolm Jenkins, Derrick and Charity Morgan, Alex Honnold, […]
Souto Foods Opens New Warehouse In Norcross, Georgia
Souto Foods Wholesale & Distributors opened its new warehouse in Norcross, Georgia, this week. Sebastian Souto, president of the company, told The Shelby Report that the warehouse has nearly 60,000 s.f. of space, with 10,000 s.f. of that refrigerated. The facility can be expanded by another 30,000 s.f. as needed, he said. “We are looking to […]
Lipari Foods Completes Its Acquisition Of Troyer Cheese
Lipari Foods, a Warren, Michigan-based distributor, manufacturer and importer of perimeter-of-the-store, specialty and branded food products, has acquired Troyer, which consists of Troyer Cheese Inc., Troyer Bros. Trucking Ltd. and Amish Wedding Foods Inc. Troyer, founded in 1959, is a specialty food distributor, manufacturer and processor in Millersburg, Ohio. The collective companies are engaged in […]
Keurig Dr Pepper Relocating Texas HQ To Cowboys Campus
Keurig Dr Pepper announced Feb. 21 that it will move its Texas headquarters from Plano to a new 350,000-s.f., build-to-suit leased facility at The Star in Frisco, Texas. The new location will be ready in 2021 and serve as one of the company’s two headquarters; the other is located in Burlington, Massachusetts. The Star is […]
A Look At Some Best Practices For Retailer Labor Productivity
It is critically important for retailers to monitor the productivity of their associates. Labor productivity measures the output of store associates over a specific period of time. Tracking measures such as sales per labor hour or scans per minute will ensure that a retailer is getting the most of his/her labor dollars. Low productivity rates […]
Kidfresh Frozen Meals To Accelerate Growth With New Funding
Kidfresh, the brand of better-for-you frozen kids meals, has closed a new round of funding led by existing institutional investors Monogram Capital Partners, Emil Capital Partners and AccelFoods. This financing will be used to accelerate growth, drive further brand awareness and support its rapid new product innovation strategy. Founded by Matt Cohen and Gilles Deloux, […]
Walmart’s Revenue Up By $14 Billion In Fiscal 2019
On Feb. 19, Walmart reported its results for the fourth quarter and fiscal 2019 year ended Jan. 25. In the fourth quarter, total revenue was $138.8 billion, an increase of $2.5 billion, or 1.9 percent. Walmart U.S. comparable sales on a two-year stack of 6.8 percent is the strongest growth in nine years, the Bentonville, […]
