Impossible Foods has secured $200 million in its latest funding round, led by new investor Coatue. The food-tech startup has raised about $1.5 billion since its founding in 2011. Existing investors including Mirae Asset Global Investments and Temasek as well as new investor XN also contributed to the “Series G” round. Impossible Foods will use […]
Category: West
Posted inProduce News, Albertsons, Home Page Slider, West
Albertsons Cos. Partners With Plenty To Offer Indoor-Grown Greens
Boise, Idaho-based Albertsons Cos. and vertical-farming company Plenty Unlimited have announced an agreement that plans to provide shoppers in more than 430 stores across California with Plenty’s fresh produce. “We pride ourselves on offering fresh, quality products that surprise and delight our customers,” said Geoff White, EVP of merchandising. “Plenty’s data-driven and sustainable methods are […]
Posted in, Home Page Slider, Online Grocery Technology, West
Standard To Provide Circle K With Autonomous Checkout
Circle K’s parent company, Alimentation Couche-Tard, has selected San Francisco-based Standard to pilot touchless, autonomous checkout technology for its stores. Together, the two companies will launch the world’s first convenience store retrofitted with AI technology, located in the Phoenix, Arizona area, with other stores to follow. Standard provides the only autonomous checkout solution that can […]
Posted inYear In Review - 2020, COVID News, Home Page Latest News, Market Profile, Shelby Exclusives, West
WEST: Market Profile: Harmons In Utah Always Puts Shoppers First
by Mary Margaret Stewart, staff writer After finishing college, Jordan Meister moved back in with his parents in Utah while he worked to pay off his student loans. “The day after I moved, my mom told me to go get a job,” Meister said. “So I went down to Harmons and got a job washing […]
Posted inNonfood Items, Albertsons, Home Page Slider, West
Albertsons Cos. Announces Pricing Of Its Upsized Senior Notes Offering
Boise, Idaho-based Albertsons Cos. has announced the pricing of its upsized private offering of $750 million in aggregate principal amount of new 3.250 percent senior notes due 2026, issued at par and $750 million in aggregate principal amount of the new 3.500 percent senior notes due 2029, issued at par. The company and its subsidiaries, […]
Posted inNonfood Items, Home Page Slider, West
Grocery Outlet Holding Corp. Announces Q2 Fiscal 2020 Financial Results
Emeryville, California-based Grocery Outlet Holding Corp. has announced its financial results for the second quarter of fiscal 2020, ended June 27. Net sales increased by 24.5 percent to $803.4 million from $645.3 million in the second quarter of fiscal 2019; comparable store sales increased by 16.7 percent compared to a 5.8 percent increase in the same […]
Posted inPlant-Based News, Home Page Slider, West
Plant-Based Good Planet Foods Hires Adlam As Co-CEO
Seattle-based Good Planet Foods has hired Bart Adlam as co-CEO. He will join current CEO and founder David Israel. Adlam brings his experience as a proven food industry leader to Good Planet, with intentions to grow the brand dramatically year over year while also leading growth in the plant-based cheese segment overall. In one of the fastest-growing segments […]
Posted inIndependent Store News, Home Page Slider, West
Grocery Outlet Tops $3M In 10th Independence from Hunger Campaign
Emeryville, California-based Grocery Outlet Bargain Market, an extreme-value grocery retailer, has raised more than $3 million in its 10th annual Independence from Hunger campaign. It also made an additional $1 million contribution to match the efforts of its participating store locations to support families in need – bringing the total donation for 2020 to $4 […]