Supervalu on Monday said that it has finalized the sale of its Save-A-Lot business to an affiliate of Onex Corp. for $1.365 billion in cash, subject to customary closing adjustments. With the sale of Save-A-Lot, Supervalu said it is now a more focused company. In connection with the closing of the sale, Supervalu and Save-A-Lot […]
Category: Grocery Industry
Posted inOnline Grocery Technology, Home Page Latest News, National
Forces Shaping Retail In 2017 Center Around Digital Landscape
Global consumer retail leader and private brand pioneer, Daymon, has released the four key areas that it says are essential for retailers and manufacturers to focus on in 2017. “There’s no denying that the fundamental rules of retail are being rewritten,” said Daymon CEO Jim Holbrook. “To stay relevant and successful next year, retailers and […]
Posted inOnline Grocery Technology, Albertsons, Amazon Fresh, Bonus Content, Home Page Latest News, Lipari Foods, Market Profile, Midwest, Shelby Signature Content, Whole Foods
Super Deals, Good Deeds And Fresh Digs Made 2016 A Memorable Year For Grocers
It was yet another year full of mergers and acquisitions, and that in itself isn’t news to anyone following the grocery industry. What may have raised the eyebrows of readers of The Shelby Report were the specifics. Affiliated Foods Midwest and Associated Wholesale Grocers are now one. Roundy’s sold to Kroger. Supervalu sold Save-A-Lot to […]
Posted in, Equipment & Technology, Home Page Latest News, National, Online Grocery Technology
Snapstar Launches First Grocery Brand Rewards App
Snapstar, the first grocery brand loyalty app that allows customers to get rewarded by brands, has launched its beta product, available for Android. Snapstar allows users to take a photo of their grocery receipt and be rewarded with gift cards, giveaways and more when they purchase products from more than 30 major brands. Users take […]
Posted inWest, Corporate Store News, Executive News, Grocery Industry, Home Page Latest News
Pesco Becomes CEO Of Save Mart
The Save Mart Cos.’ Nicole Piccinini Pesco has been promoted to CEO of the 206-store grocery chain. She most recently served as co-president and chief strategy and branding officer for the Modesto, California-based company. In July 2015, she led Save Mart’s launch of its first new concept store format in more than 20 years with the introduction […]
Posted inStore News, Grocery Industry, Home Page Latest News, West
Bashas’ Celebrates 30 Years In Camp Verde, Arizona
Bashas’ Supermarkets is marking a milestone in its history this week as it celebrates 30 years as Camp Verde, Arizona’s, hometown grocer. The celebration will be a community affair as shoppers of the store at 650 Finnie Flat Road are treated to three days of activities that begin on the store’s official anniversary: today, Dec. […]
Posted inStore News, Corporate Store News, Grocery Industry, Home Page Latest News, National
Kroger’s 3Q Net Earnings Down Vs. A Year Ago
The Kroger Co. today reported net earnings of $391 million, or $0.41 per diluted share, and identical supermarket sales growth, without fuel, of 0.1 percent in the third quarter of 2016, which ended Nov. 5. Net earnings in the same period last year were $428 million, or $0.43 per diluted share. “I am proud of […]
Posted inBakery News, Association News, Dairy News, Deli News, Food Service News, Grocery Industry, Grocery News, Home Page Latest News, National, Private Label Brands
What’s In Store 2017: Shopper Behavior Steers Retail Trends
Today’s retailers are focusing less on overall growth and more on shopper behavior, including developing smaller, more productive stores; digital retailing and online shopping; and more tailored assortment strategies by region and season. This is one of the findings in “What’s in Store 2017,” the latest edition of the annual trends publication from the International […]