Corporate Operations: Page 12
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Dollar Tree confirms more layoffs at corporate office
The discounter has recently reviewed its underperforming Family Dollar business, shifted its pricing strategy and overhauled its leadership.
By Daphne Howland • May 29, 2024 -
LordHenriVoton via Getty Images
How grocers are getting creative in their battle against theft
From receipt checks to bag size limits, Kroger and Giant Food are among the food retailers implementing new in-store measures to reduce shrink.
By Peyton Bigora • May 29, 2024 -
Explore the Trendline➔
Courtesy of The Save Mart Companies
TrendlineRetail media
Grocers of all sizes are continuing to test the bounds of digital retail media capabilities through the launch of new capabilities and third-party partnerships.
By Grocery Dive staff -
Getty Images/Staff via Getty Images
Top grocery M&A deals so far in 2024
Regional grocers struck several deals recently, including Hy-Vee buying a 22-store grocery chain in northwest Indiana and SpartanNash picking up a three-store Wisconsin chain.
By Catherine Douglas Moran • May 28, 2024 -
Courtesy of Walmart
ColumnThe Friday Checkout: Supercenters flex their grocery muscles
Walmart and Meijer are investing more in separate grocery formats that can help them reach new markets.
By Grocery Dive Staff • May 24, 2024 -
Courtesy of Caroline Medeiros
Stop & Shop plans to close stores as it eyes a turnaround
The Northeastern chain’s value proposition and pricing “are simply not strong enough,” Ahold Delhaize USA CEO JJ Fleeman told investors in May.
By Sam Silverstein • May 24, 2024 -
Courtesy of Meijer
Meijer lays out plans for another grocery store
The Midwestern chain is seeking clearance from city officials in Fishers, Indiana, to build a 75,000-square-foot supermarket in the Indianapolis suburb.
By Sam Silverstein • May 22, 2024 -
Peyton Bigora/Grocery Dive
UNFI extends Whole Foods distribution deal into 2032
The companies’ previous agreement was set to end in September 2027.
By Catherine Douglas Moran • May 22, 2024 -
Permission granted by The Giant Company
The Giant Company names new marketing vice president
The grocery chain has appointed John MacDonald, who first joined the company in 2012, to the key role.
By Peyton Bigora • May 22, 2024 -
Courtesy of Kroger
Kroger e-commerce center workers vote to join Teamsters
Drivers at a facility in Michigan are set to become the grocer's first fulfillment center employees to unionize.
By Sam Silverstein • May 21, 2024 -
Retrieved from Big Y Foods.
Big Y makes distribution leadership changes
Eric Swensen will take over as vice president of distribution and logistics from Stephen Creed at the end of May.
By Peyton Bigora • May 20, 2024 -
Courtesy of Kroger
Kroger cuts CEO’s pay as company’s performance weakens
Rodney McMullen’s compensation in fiscal year 2023 fell by $3.5 million, to $15.7 million, largely due to a sharply lower bonus.
By Sam Silverstein • May 20, 2024 -
Courtesy of Schnucks
ColumnThe Friday Checkout: Grocers are struggling with alternative formats
The demise of Schnucks' EatWell banner underscores the challenges supermarkets face expanding beyond their traditional store models.
By Grocery Dive Staff • May 17, 2024 -
Courtesy of Walmart
Walmart beats expectations in Q1 as revenue surpasses $160B
The company's e-commerce sales rose 21%, driven by store-fulfilled pickup and delivery and strength within its marketplace.
By Nate Delesline III • May 17, 2024 -
Catherine Douglas Moran/Grocery Dive
‘Whole Paycheck’ no more? Whole Foods is ramping up value messaging.
The specialty grocer’s store shelves in the Washington, D.C., area are coated in yellow discount tags signaling the retailer may be trying to appear more price-friendly to shoppers.
By Peyton Bigora • May 16, 2024 -
Retrieved from Foxtrot website.
Foxtrot files for bankruptcy
The decision to file for Chapter 7 was made during a meeting of Outfox’s board of directors, who reviewed the financial condition of the company and each of its subsidiaries.
By Brett Dworski • May 15, 2024 -
Courtesy of Meijer
Meijer opens 3 supercenters in a single day
The Midwestern retailer debuted two locations in Ohio and one in Michigan on Tuesday.
By Sam Silverstein • May 15, 2024 -
Kaarin Vembar/Grocery Dive
Walmart confirms hundreds of corporate layoffs
The retailer also said the majority of remote workers and those at offices in Dallas, Atlanta and Toronto, must relocate — mostly to its Arkansas headquarters.
By Nate Delesline III • May 14, 2024 -
Courtesy of Thrive Market
E-grocer Thrive Market records revenue boost with EBT acceptance
Since launching the payment capability in late February, the natural foods retailer has brought in more than $1 million in EBT revenue.
By Peyton Bigora • May 14, 2024 -
Drew Angerer via Getty Images
Online grocery sales rise broadly in April
The pickup, delivery and ship-to-home channels all posted increases last month and mass retailers expanded their share of the digital grocery sector, Brick Meets Click and Mercatus reported.
By Sam Silverstein • May 14, 2024 -
Sam Silverstein/Grocery Dive
Rapidly growing Aldi aims to strengthen supplier ties
During its inaugural supplier event, the discounter said it’s open to new ways of collaborating as it looks to boost its store count by 30% in the next five years.
By Catherine Douglas Moran • May 14, 2024 -
Brett Dworski/Grocery Dive
Foxtrot’s assets auctioned for $2.2M in what one attendee called a ‘completely ramrodded’ process
The virtual sale on Friday seemed to leave people with more questions than answers after organizer JPMorgan Chase didn’t describe the lot for sale and only entertained one bid.
By Brett Dworski • May 13, 2024 -
Sam Silverstein/Grocery Dive
Instacart sees smart carts as key growth driver
The company expects to deploy thousands of its screen-equipped carts in grocery stores by the end of 2024, CEO Fidji Simo said.
By Sam Silverstein • May 13, 2024 -
Courtesy of Schnucks
Schnucks shuttering Eatwell Market format
The chain said it is discontinuing the natural and organic banner, which debuted in 2020, after “significant analysis and evaluation.”
By Catherine Douglas Moran , Sam Silverstein • Updated May 10, 2024 -
Courtesy of HelloFresh
HelloFresh to close Georgia distribution center, cut more than 700 jobs
The meal kit company will shutter its facility near Atlanta in July as it deals with reduced customer demand for its products.
By Sam Silverstein • May 10, 2024 -
Courtesy of Weis Markets
Weis Markets reignites store growth
The regional chain plans to begin construction on six new locations this year as it works through supply chain disruptions that have slowed down progress.
By Jeff Wells • May 9, 2024
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