Amazon said June 2 that it will open its first fulfillment center in Fresno, California. The Seattle-based online retailer said the center will “continue its growth in California’s Central Valley” and create 1,500 new full-time jobs. The Fresno center will be Amazon’s fifth fulfillment center in the Central Valley, with three operating fulfillment centers located […]
Tag: investing
Posted in, Home Page Latest News, Independent Store News, West
KKR Invests In Two California Hispanic Grocers
Vendor memos from Mi Pueblo Food Center and Cardenas Markets dated Nov. 1 said that KKR, a global investment firm, has made investments in each company. Mi Pueblo operates in Northern California, Cardenas in Southern California. Both grocers say KKR is committed to their growth, saying the investment will be used for “creating new jobs […]
Posted in, Corporate Store News, Home Page Latest News, Southeast
Dollar General Completes Buy Of 41 Walmart Express Locations
Dollar General said July 27 that it had completed its purchase of 41 former Walmart Express locations in 11 states. Goodlettsville, Tennessee-based Dollar General anticipates relocating 40 existing Dollar Generals into the purchased sites by October 2016 and entering one new market—Coal Hill, Arkansas—as part of the purchase. Terms of the transaction were not disclosed. […]
Posted in, Corporate Store News, Deli News, Home Page Latest News, West
Fry’s Opens New Marketplace In Phoenix
The Shelby Report’s Southwest VP Tom Maloney was present for the opening of the new Fry’s Marketplace in Phoenix on July 15. The store is located at 1311 E. Bell Road. The 124,070-s.f. Marketplace features a wine bar that serves a wide selection of wines as well as local craft beer; a specialty cheese shop; […]
Posted in, Corporate Store News, Independent Store News, Industry News, Northeast
Weis, Big Y, Tops, Saubel’s Market All Involved In Ahold-Delhaize Divestiture Plans
Several Northeast retailers are set to gain stores as a result of the proposed divestiture between Ahold and the Delhaize Group. Last week, the two European-based super-retailers reached agreements with buyers to divest a total of 86 U.S. stores in areas where both companies operate stores. The deals are being made in connection with the […]
Posted in, Corporate Store News, National
Walmart CEO Tells Associates: ‘You Are Our Heroes’
On June 5 during the company’s annual shareholders meeting, Wal-Mart Stores Inc. President and CEO Doug McMillon challenged the company’s more than 2 million associates to win the future of retail “one customer at a time.” He then shared his strategy to attain that goal: “We’ll save customers money on their everyday needs with an […]
Posted in, National, Southeast
Laurel Grocery Co. Debuts Employee Health Clinic
Laurel Grocery Co., in partnership with KentuckyOne Health Primary Care, opened a new on-site health clinic today to Laurel Grocery employees and their families. The clinic is located just outside the company’s main warehouse on Highway 192 in London, Ky. The clinic is part of a new health initiative at Laurel Grocery under the name […]
Posted in, National
Hillshire Brands To Buy Pinnacle Foods In $6.6B Deal
Hillshire Brands has entered into a definitive agreement to purchase Pinnacle Foods Inc. in a $4.3 billion transaction to include cash and Hillshire common stock. The deal, including debt, is valued at $6.6 billion, according to reports. Under the terms of the agreement, Hillshire will acquire all outstanding shares of Pinnacle Foods. Pinnacle stockholders will […]
Posted in, National, Suppliers
Mondelez International To Invest $130M In U.S. Biscuit Manufacturing Network
Mondelez International plans to invest more than $130 million in new biscuit manufacturing technology and capabilities in its current U.S. network. The investment will focus on bakeries in Fair Lawn, N.J., and Richmond, Va., supporting priority cookie and cracker brands and product platforms. To enable this investment, the company says it will consolidate its current […]
Posted in, Beverage News, National, Suppliers
PepsiCo Plans To Invest $5B In Mexico
PepsiCo Inc. plans to invest $5 billion in Mexico over the next five years. The investment is designed to further strengthen PepsiCo’s food and beverage business in Mexico, one of the most attractive markets in Latin America with a growing middle class and numerous opportunities for long-term economic growth, according to the company. PepsiCo says […]
Posted in, Marketing News, National
Michigan Family Wins Eckrich’s Ultimate Tailgate Contest
Eckrich, a part of the John Morrell Food Group, a division of Smithfield Foods, has announced the winner of its Ultimate Tailgate sweepstakes that includes a chance to meet college football analyst Kirk Herbstreit, participate in a VIP tailgate experience and attend the college title game in Pasadena, Calif. William McGrath of Charlotte, Mich., is […]
Posted in, Equipment & Technology, National
Mondelez International Signs Global ‘Mobile Only’ Media Deal With Google
Mondelez International Inc., maker of chocolate, biscuits, gum and candy, has signed a global strategic agreement with Google. The deal will focus on mobile search, mobile display and mobile websites. This “mobile only” media deal is part of Mondelez International’s commitment to invest 10 percent of its global marketing budget in mobile activations across the […]
Posted in, Beverage News, National
Budweiser, Music Fans ‘Band’ Together For America’s Rivers And Lakes
This summer, Budweiser is inviting consumers across the country to participate in a series of cleanup events, in select cities, aimed at preserving and protecting lakes and rivers. These efforts are part of the Budweiser America Made Better platform, which supports designated driver campaigns, military support efforts and water conservation programs. Budweiser is rewarding volunteers […]
Posted in, Midwest, Store News
Meijer Expands Made In Michigan Initiative Statewide
Meijer has expanded its program that supports Michigan small businesses to feature 55 new Michigan-made grocery products in all its stores statewide, Meijer Co-Chairman Doug Meijer says. “Meijer is committed to supporting Michigan businesses, and the Made in Michigan initiative is a great opportunity to highlight some fantastic small businesses throughout the state,” Meijer says. […]
Posted in, Independent Store News, West
New Seasons To Anchor Con-Way Redevelopment In Portland’s Slabtown
New Seasons Market has officially signed on to join developer C.E. John Co. to revive the 16-acre, mixed-use Con-way site in Northwest Portland. The locally owned and operated grocer will convert an old 28,000-s.f. freight warehouse, located at 2170 NW Raleigh St., into a full-service market, featuring thousands of home-grown products and homemade foods, an […]
Posted in, National
New Partnership Provides Affordable Online Training To Independents
The National Grocers Association (NGA) and First Data Corp., a global leader in electronic commerce and payment processing, have partnered to make online education and training more accessible and affordable for independent grocers. With the support of First Data, NGA members are now able to receive access to the NGA Online Training & Education Center […]
Posted in, Albertsons, National
Supervalu Reportedly Moving Toward Sale Of Two Chains To Cerberus
Bloomberg News reports Supervalu Inc. is moving toward a deal to sell retail chains such as Albertsons and Save-A-Lot to Cerberus Capital Management LP after talks on a full takeover of the grocer stalled, said people with knowledge of the matter. Save-A-Lot, Supervalu’s hard-discount banner, also received interest from parties such as private-equity firm KKR […]
Posted in, Center Store, National
Mondelez International Completes Spin-Off Of Its N. American Grocery Business
Mondelez International Inc., formerly Kraft Foods Inc., has completed the previously announced spin-off of its North American grocery business, Kraft Foods Group Inc. At 5 p.m. (ET) Monday, (the “distribution date”), Mondelez International completed the spin-off by distributing all outstanding shares of Kraft Foods Group common stock that it owned ratably to its shareholders of […]
Posted in, National, West
Safeway Prepares For Blackhawk IPO
Pleasanton, Calif.-based Safeway Inc. has announced that it plans to file a registration statement in the U.S. for a potential initial public offering (IPO) of a minority ownership stake in Blackhawk Network Holdings Inc. Depending on market conditions, the company anticipates executing a transaction in the first half of 2013. A news release says that […]
Posted in, National, Suppliers
Farm Bill Now Coalition Plans To Fight For New Farm Bill
With Congress on August recess until Sept. 10 and the Farm Bill left unfinished, members of the agricultural community have formed a coalition, Farm Bill Now. As of Aug. 23, the Specialty Crop Farm Bill Alliance has joined 39 of the nation’s foremost agricultural organizations to rally the public to urge Congress to pass a […]