Corporate Operations: Page 13
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Foxtrot’s assets to be sold this week
Friday’s foreclosure sale will include “substantially all of the assets” of the c-store retailer, including inventory, intellectual property, documents and more.
By Brett Dworski • May 9, 2024 -
Thrive Market to pay more than $1.5M to settle civil lawsuit
The suit alleges the membership-based e-grocer violated a California state law prohibiting companies from automatically renewing subscriptions without affirmative consent.
By Peyton Bigora • May 8, 2024 -
Trendline
Retail 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 -
Ahold Delhaize reports muted Q1 results as FreshDirect remains a drag
The grocer’s same-store sales moved up about 1% in the U.S. during the period, but net sales were off by a similar percentage and digital sales dropped more than 10%.
By Sam Silverstein • May 8, 2024 -
Behind the scenes of Sprouts’ private label growth
The grocer is in the final stages of rebranding its store brands, a segment that has nearly doubled its sales share since 2017.
By Peyton Bigora • May 7, 2024 -
Walmart taps Swisslog to automate 3 milk facilities
The technology platform consists of cranes, palletizing and de-palletizing robots, a pallet conveyor system, a small-load conveyor system and software to operate it all.
By S.L. Fuller • May 7, 2024 -
Dom’s Kitchen co-founder joins The Partnering Group
Don Fitzgerald, the veteran industry executive who formerly led the now-defunct Chicago grocery startup, is now a partner in the consulting firm’s retail practice.
By Sam Silverstein • May 7, 2024 -
Kroger spending $45M on store upgrades in Ohio and Indiana
The retailer, which is also spending $39 million on a previously announced new location in Warren County, Ohio, is drawing attention to store investments as it seeks approval to merge with Albertsons.
By Sam Silverstein • May 6, 2024 -
Aldi looks to sharpen its cost-cutting edge
The discounter plans to cut prices on over 250 items this summer in a move it said would save shoppers $100 million.
By Sam Silverstein • May 3, 2024 -
How The Raley’s Companies has redefined its sustainability and labor benchmarks
Since acquiring Bashas’ in late 2021, the grocery company has broadened its impact report to look at all its divisions’ initiatives over the last two years.
By Peyton Bigora • May 2, 2024 -
Automatic age verification comes to self-checkout
An AI-driven solution that’s being tested in Germany has eliminated the need for cashier intervention in 80% of age-restricted transactions, manufacturer Diebold Nixdorf said.
By Jessica Loder • May 2, 2024 -
Sam’s Club’s receipt-verification tech speeds ahead
The AI-based equipment is now in place at a fifth of the chain’s locations and is helping shoppers exit more than 20% faster than before.
By Sam Silverstein • May 1, 2024 -
Amazon now has a grocery subscription. Should grocers follow suit?
Subscriptions are a “necessary evil” as grocers look to address the high costs of grocery e-commerce, said Brick Meets Click Partner David Bishop.
By Catherine Douglas Moran • May 1, 2024 -
Tops buys 5 stores
The purchase includes four full-service stores and a Tops Xpress in the greater Buffalo, New York, area previously run by a longtime franchise partner.
By Catherine Douglas Moran • April 30, 2024 -
Walmart to close health centers due to ‘lack of profitability’
The retailer also plans to end telehealth services, citing operational costs and reimbursement complexities that made its healthcare business unsustainable.
By Nate Delesline III • April 30, 2024 -
Column
Pardon the Disruption: What the sudden loss of Foxtrot and Dom’s means for retail
Their demise underscores just how difficult it is to bring new, innovative ideas to life in the shadow of large-scale competitors and the grinding need for efficiency.
By Jeff Wells • April 30, 2024 -
Getir pulls out of the US but says FreshDirect will keep operating
The quick-delivery company said it is redirecting its capital to its home market of Turkey, where it generates more than 90% of its revenue and sees the most potential for growth.
By Sam Silverstein • Updated April 29, 2024 -
Rob Walton ends long-standing tenure on Walmart board
The eldest son of founder Sam Walton has been with the company since 1969 — and even longer if you count his job at his father’s original five-and-dime.
By Daphne Howland • April 29, 2024 -
Will Kroger and Albertsons’ revised divestiture plan satisfy the FTC?
The grocers’ new deal with C&S Wholesale Grocers indicates they have heard the agency’s concerns — but whether it will be enough to get their proposed merger through remains unclear, analysts said.
By Sam Silverstein • April 29, 2024 -
Column
The Friday Checkout: Grocers turn to loyalty programs to battle the likes of Aldi, Walmart
Promoting value and rewarding loyal customers are critical as supermarkets go head-to-head with discounters.
By Grocery Dive Staff • April 26, 2024 -
Ahold Delhaize allocates proceeds of its green bond to sustainability efforts
The Dutch grocer allotted the largest portion of the earnings toward green buildings and energy efficiencies.
By Peyton Bigora • April 26, 2024 -
H-E-B to build Texas distribution campus
The grocer has closed on a land deal and plans to have several facilities support its supply chain operations.
By Catherine Douglas Moran • April 26, 2024 -
Foxtrot, Dom’s sued amid mass layoff
A class action complaint claims the companies violated the WARN Act by failing to give its employees at least 60 days notice of the shutdown.
By Brett Dworski • April 25, 2024 -
How Giant Food revamped its loyalty program
Private label is playing a starring role as the East Coast grocer looks to boost engagement with shoppers and demonstrate a commitment to value.
By Sam Silverstein • April 24, 2024 -
Sprouts will pay $265K to settle federal discrimination charge
A federal investigation determined the specialty grocer subjected employees in the Los Angeles area to sexual harassment and retaliation.
By Peyton Bigora • April 24, 2024 -
Albertsons sees more turmoil ahead as it closes the books on a tough year
The grocer posted anemic same-store sales growth during its latest quarter, with lower inflation and a growing reliance on pharmacy posing key challenges.
By Sam Silverstein • April 23, 2024