Tops Markets LLC announced Feb. 21 that it has filed for Chapter 11 bankruptcy protection and is pursuing a financial restructuring in order to eliminate a substantial amount of debt from its balance sheet. The hope is that the move will position Tops for long-term success. Tops’ portfolio of stores in Upstate New York, northern […]
Category: Grocery Industry
The J.M. Smucker Co. Targets Young Consumers With New Coffee Brand
Today, at the Consumer Analyst Group of New York (CAGNY) conference in Boca Raton, Florida, The J.M. Smucker Co. unveiled what it says is one of its most significant coffee growth initiatives to date—a new line of “premium” coffees intended to strengthen the company’s position in the fastest-growing market segments and serve as a platform for future growth […]
Walmart Reports 23 Percent Increase In E-Commerce Sales In 4Q
Walmart U.S. this week released highlights from its fourth quarter and its fiscal year. In the fourth quarter, total revenue was $136.3 billion, an increase of $5.3 billion, or 4.1 percent. Excluding currency, total revenue was $135.1 billion, an increase of $4.1 billion, or 3.1 percent. Comp sales increased 2.6 percent, and comp traffic increased […]
Big Red Stores To Open Three New Central Arkansas Locations This Year
Big Red Stores has begun construction on its 37th c-store in Central Arkansas, located in North Little Rock on Counts Massie Road. The store will serve the Maumelle and North Little Rock Communities, and it will incorporate the company’s new contemporary design, developed to meet changing customer needs, says Big Red. The new store will feature […]
Albertsons Cos. Merging With Rite Aid, Will Rebrand Store Pharmacies
Albertsons Cos. and drugstore chain Rite Aid Corp. have entered into a definitive merger agreement under which privately held Albertsons Cos. will merge with publicly traded Rite Aid. Current Rite Aid Chairman and CEO John Standley will become CEO of the combined company, with current Albertsons Cos. Chairman and CEO Bob Miller serving as chairman. […]
Dumac Combines Restaurant, Grocery POS Capabilities In One System
Dumac Business Systems Inc., a point-of-sale (POS) hardware, software and services company, has released a new module for its RORCv6 POS solution that supports the growing trend of grocerants—supermarkets offering in-store eateries. This suite of features, which includes both a kitchen display system and kiosk application, will enable grocers to manage grocery and in-store restaurant […]
Peapod Expands Delivery For Giant Shoppers With New Wareroom
Peapod, in partnership with Giant Food Stores, plans to open a new wareroom adjacent to a Giant store in North Coventry, Pennsylvania. The investment comes as Peapod has experienced double-digit growth in the region for the last three consecutive years. Peapod anticipates the new wareroom will enable it to serve up to 25 percent more shoppers […]
Sabra Dipping Co. Updates Logo, Packaging For Its Hummus Line
Sabra Dipping Co. is bringing a fresh look to its hummus. The re-branding includes an updated logo, restyled label design and original on-pack photography highlighting the fresh, plant-based ingredients in Sabra products. The new packaging will begin hitting retail shelves in late February. “We are thrilled to introduce a fresh look for Sabra at an […]
