Cub is planning to open a new 46,000-s.f. store located at 46th and Hiawatha Avenue in Minneapolis. Scheduled to open in the spring of 2019, the new urban grocery store will anchor a five-story, 148-unit apartment development by Excelsior-based Oppidan Investment Co. The store will cater to the Longfellow neighborhood, says Cub, and appeal to customers […]
Category: Midwest
Kroger Sales Up 12.4% In 4Q, Digital Sales Up 90% For The Year
The Kroger Co. is reporting net earnings of $0.96 per diluted share and identical supermarket sales, without fuel, of 1.5 percent in the fourth quarter of 2017, which ended on Feb. 3, 2018. Kroger’s fourth quarter adjusted net earnings per diluted share were $0.63. Fiscal 2017 net earnings were $2.09 per diluted share, and identical supermarket […]
Target Expanding Delivery Service Options, Increasing Starting Wages
Target Corp. is launching a number of initiatives aimed at accelerating its multi-year strategy, including expanding its fulfillment options and increasing its starting minimum wage to $12 in 2018. Free two-day shipping is now available on hundreds of thousands of items on Target.com when guests spend at least $35 or pay with a Target debit or credit card. In 2018, millions of additional […]
Fareway President And COO Retiring After 50 Years Of Service
Frederick R. Greiner is retiring as president and COO of Fareway Stores Inc. effective Sept. 1, 2018. Greiner has worked for the company for 50 years and has served on the board of directors since 1991. Greiner began his career in Independence, Iowa, in 1968. After high school, he served from 1972-74 during the Vietnam […]
Warren Buffett Retiring From Kraft Heinz Board Of Directors
Warren Buffett will retire from the Kraft Heinz Co.’s board of directors following the end of his term at the upcoming Kraft Heinz 2018 Annual Meeting of Stockholders. Buffett decided to retire from the board as he decreases his travel commitments, the company says. The board intends to nominate Alexandre Van Damme to stand for election at the meeting […]
SpartanNash Recipe Contest Finalists Win Thousands In Free Groceries
SpartanNash has crowned Teresa Fiocchi of Augusta, Michigan as the grand prize winner of its “Our Family is Souper” recipe contest, awarding her $2,500 in free groceries for her Fiocchi Family Pasta e Fagioli soup. Fiocchi’s soup was selected by a panel of judges—including SpartanNash EVP, Merchandising and Marketing Larry Pierce; Grand Rapids Community College’s […]
Fareway Celebrates New Store Opening In Des Moines
Fareway Stores Inc. held a ribbon cutting ceremony for a new store location at 4313 Fleur Drive in Des Moines, Iowa, that opened on Feb. 21. The new 30,000-s.f. store provides for an “unmatched, full-service meat department; farm-fresh produce; low, competitive prices; and the highest level of customer service,” the company says. “This location has […]
Meijer Offers ‘Meal Inspirations’ Kits To Cut Down On Recipe Prep Time
Meijer is rolling out new “Meal Inspirations” kits designed to both inspire at-home chefs to create their own unique recipes and to save customers time in the kitchen. “One of the challenges that many at-home cooks find draining is the time that goes into meal prepping,” says the company, so the kits draw on the culinary […]
