The Coca-Cola Co. has elected EVP and Chief Operating Officer Henrique Braun as CEO, effective March 31. Braun will succeed James Quincey, who will transition to executive chairman after serving as CEO for nine years. The board also plans to nominate Braun for election as a director at the company’s 2026 annual meeting of shareowners. Quincey, […]
Category: Grocery Industry
Posted inMarket Profile, Finance News, News, Northeast, ShopRite
Klein’s Celebrates Milestone Year With Plans To Keep Moving Forward
Shoppers will find a blend of heritage and progress when shopping Klein’s Family Market’s nine ShopRite stores in Maryland. Whether shopping a Klein’s store in a larger city like Baltimore or a smaller town like Cardiff, customers will find a broad selection of Maryland-grown and -made products (and everything else they need) in modern stores […]
Posted inSnacks Brands, Finance News, National, News
Mars Receives Final Approval for $36B Kellanova Acquisition
Mars Inc. received approval from the European Commission Dec. 8 for its acquisition of Kellanova, clearing the final regulatory hurdle for the $36 billion deal. The companies anticipate closing the transaction Dec. 11. The European Commission’s approval was the last of 28 required regulatory clearances. Kellanova shareholders approved the transaction on Nov. 1, 2024, following the […]
Posted inOnline Grocery Technology, Grocery Research, National, News
November Online Grocery Sales Surge 29% To $12.3B
U.S. online grocery sales surged 29 percent year over year to $12.3 billion in November, driven by higher order frequency and a record share of users placing three or more orders during the month, according to the Brick Meets Click Grocery Shopper Survey, sponsored by Mercatus. Online grocery’s share of total weekly grocery spending climbed […]
Posted inGrocery Research, National, News
Upside Report Highlights Consumer Spend Across Multiple Retailers
Upside has released its Consumer Spend Report 2025, which found that grocery shoppers are increasingly uncommitted, spreading their spend across more retailers, comparing prices constantly and relying on promotions to stretch their budgets. The report also finds that some of the investments retailers made to improve accessibility, from expanded pickup options to enhanced loyalty programs, […]
Posted inOnline Grocery Technology, Coborn's, Midwest, News
Coborn’s Adopts AI Solutions For Price, Promotions Optimization
Coborn’s Inc. has selected the Revionics AI Pricing Platform to optimize strategy across its family of supermarket brands. Coborn’s recently embarked on a multipronged growth strategy focused on expanding its core grocery business, acquiring new locations and developing modern, differentiated retail experiences such as the new Coborn’s Market & Table prototype. To maintain competitive price […]
Posted inOnline Grocery Technology, National, News
Instacart Launches First Grocery App Inside ChatGPT
Instacart is the first grocery provider to launch an app within ChatGPT, offering fully embedded shopping and “Instant Checkout” inside the artificial intelligence chat interface. The integration allows consumers to browse, build a cart and complete payment without leaving the ChatGPT conversation. With the new ChatGPT integration, users can shop with Instacart by typing a […]
Posted inOnline Grocery Technology, Finance News, Midwest, News, Schnucks
Schnucks Markets Deploys Domo Platform To Advance Data Integration, Analytics
Schnucks Markets Inc. has implemented the Domo AI and Data Products platform to centralize its data systems and improve operational decision-making across its 113 Midwest stores. With more than eight decades of operations, Schnucks had faced challenges managing data generated across stores, warehouses, vendors and internal departments. According to the company, reporting processes relied heavily […]