A deal between the two huge companies would be the latest in a series of mergers in the health care industry in recent months. Walmart (WMT) and Humana (HUM) are looking at a variety of options, including an acquisition, the Journal reported late Thursday, citing people familiar with the matter. Shares in Humana, which has […]
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Recommended: Winn-Dixie Parent Files For Chapter 11 Bankruptcy
Southeastern Grocers, the Jacksonville-based parent of Winn-Dixie and four other supermarket chains, filed its previously announced Chapter 11 bankruptcy restructuring plan early Tuesday morning. The case was filed in U.S. Bankruptcy Court for the District of Delaware. New York firm Weil, Gotshal & Manges LLP is the company’s lead attorney. The company already has an […]
Recommended: Nearly 200 Cheeses Are Sold At Harmons Grocery Stores In Utah, And This 32-Year-Old Has Eaten Them All
Mariah Christensen has every cheese lover’s dream job — traveling, tasting and deciding which of the world’s cheddars, goudas and mozzarellas should be sold at Harmons Grocery Stores in Utah. The 32-year-old specialty cheese buyer is good at it, too. She recently was inducted into the Guilde Internationale des Fromagers, the French name for the […]
Recommended: Winn-Dixie Parent Plans To Create ‘Stunning, Remodeled Stores’
Southeastern Grocers hopes that the Chapter 11 bankruptcy reorganization petitions it files by the end of next week in Delaware will herald a fresh start for its remaining 582 supermarkets. The Jacksonville-based company said in its Thursday news release that it intends to create “stunning, remodeled stores” in a significant portion of its remaining stores […]
Recommended: The Red Delicious Is An Apple Atrocity. Why Are We Growing Billions Of Pounds Of Them Each Year?
Almost everyone agrees: The Red Delicious is a crime against the apple. The fruit makes for a joyless snack, despite the false promise of its name, with a bitter skin that gives way to crumbling, mealy flesh. The Red Delicious is a bit like a Styrofoam prop: It looks picturesque, but really has no business […]
Recommended: Retail Apocalypse Explained: Retailers Have Not Actually Embraced Digital Transformation
“Digital transformation” has been on the lips of nearly every CEO at some point in the last ten years, and even more frequently in the last five. According to Forrester, 68% of global business leaders list digital transformation as a top priority for their business. Only 3% of retailers have actually completed a digital transformation […]
Recommended: Colorado’s Escalating War Over Full-Strength Beer Sales Takes A New Turn
The escalating war over full-strength beer sales took a new turn today at the Colorado Capitol after a rural Republican senator introduced a bill that would make it harder for grocers and convenience stores to add shelf space and more kinds of malt beverages. The measure also would create a new license for those stores […]
Recommended: Farm Fresh’s Future Is A Mystery; Employees Brace For The Worst.
If the buzz among nervous Farm Fresh employees is any indication, something dramatic is about to happen at the grocer, and given the region’s crowded grocery landscape, two things seem possible: stores are going to be sold or closed. Frustrated employees who endured layoffs last year have been largely kept in the dark about what […]
Recommended: Kohl’s To Sublet Space To Aldi
Kohl’s said Thursday it would bring discount grocer Aldi into as many as 10 stores later this year in a pilot test, as the retailer aims to scale down its real estate footprint and leverage space for others. CNBC reported in January that Kohl’s would be working with grocers and convenience stores to lease space […]
Recommended: Amazon Plans To Open As Many As Six More Go Stores This Year
Amazon’s much-heralded convenience store of the future, Amazon Go, may seem like a crazy experiment. But the company plans to open as many as six more of these storefronts this year, multiple people familiar with the company’s plans have told Recode. Some of the new high-tech stores are likely to open in Amazon’s hometown of […]
Recommended: Winn-Dixie Reportedly Planning To Close Almost 200 Locations
A regional supermarket chain is reportedly planning to close up to 200 shops as its parent company prepares to file for bankruptcy. Bi-Lo LLC, the parent company of Winn-Dixie, is preparing a potential bankruptcy filing as soon as next month, people with knowledge of the situation told Bloomberg. Winn-Dixie will shutter close to 200 locations […]
Recommended: Casey’s Explores Buying Kroger C-Stores Valued At $2B
Casey’s General Stores, under pressure from activist investor JCP Investment Management, has submitted an initial bid for Kroger’s roughly $2 billion convenience-store business, sources familiar with the situation tell CNBC. JCP Investment Management in January called for the Ankeny, Iowa-based convenience store operator to explore strategic alternatives, including a potential sale. Buying Kroger’s convenience-store business […]
Recommended: To battle Amazon, Kroger Eyes Alibaba Alliance
Kroger may have found a way to counter Amazon. The country’s No. 1 supermarket chain is exploring an alliance with Jack Ma’s Alibaba — the China-based e-commerce giant, The Post has learned. Alibaba is similar to Amazon in that it operates supermarkets that use Amazon Go-like technology that allows cashier-less stores. Senior Kroger executives met […]
Recommended: Wine And Liquor Sales On Sunday? Tennessee Lawmakers Are Trying To Make It Happen
Tennessee lawmakers are renewing a push to allow wine and liquor sales on Sunday, a move that could spur opposition from the state’s liquor retailers. The bill, sponsored by Rep. Gerald McCormick of Chattanooga, would align hours of liquor and wine sales with beer sales. Under current law, both grocery stores and liquor stores are not allowed […]
Recommended: Kroger’s Battle Plan For Whole Foods, Amazon, Costco, Walmart And Aldi
To arm itself against competition from the merged Whole Foods/Amazon behemoth, Kroger has reshaped its strategy to make it leaner and more accessible, moves that will have a big impact on how you shop. There are plenty of challengers who’d like a piece of your food budget, but Kroger still dominates the Lexington grocery market. […]
Recommended: Lowes Foods Opens First Charleston-Area Supermarket In Summerville
Holly Famulari can’t wait to come to work every day. The cake “wizard” (decorator) at the new Lowes Foods supermarket dances and waves a wand in front of the store’s cake-making corner when the music begins to play for a game of cake walk. “You work, but you have so much fun doing it,” said […]
Recommended: Reports Say Winn-Dixie Parent Could Be Headed For Bankruptcy
Speculation began late last week that Southeastern Grocers, the fifth-largest conventional supermarket in the U.S., could be facing a Chapter 11 bankruptcy filing. The company employs more than 50,000 associates who serve customers in grocery stores, liquor stores and in-store pharmacies throughout the seven southeastern states of Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina and South Carolina. […]
