Corporate Operations: Page 15
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Courtesy of Instacart
Instacart to lay off 250 workers, part ways with 3 execs
The layoffs are part of a restructuring program that will help “flatten the organization” to focus on core initiatives, CEO Fidji Simo said in a letter to shareholders.
By Jeff Wells , Sam Silverstein • Updated Feb. 13, 2024 -
Courtesy of BJ's Wholesale Club
Grocery e-commerce sales rise in January
More shoppers bought groceries online last month than during the same period in 2023, but order frequencies for pickup and delivery fell, according to data from Brick Meets Click and Mercatus.
By Sam Silverstein • Feb. 13, 2024 -
Explore the Trendline➔
Permission granted by Robert Sanchez
TrendlineTop 5 stories from Grocery Dive
Top stories from Grocery Dive 2023/2024
By Grocery Dive staff -
Daphne Howland/Grocery Dive
Dollar Tree expands COO role
Mike Creedon will add leadership of Dollar Tree and Family Dollar merchandising and supply chain to his scope of responsibilities.
By Tatiana Walk-Morris • Feb. 12, 2024 -
Kaarin Vembar/Grocery Dive
Publix exec to exit after 45 years
Vice President of Customer Experience Bob Bechtel will retire from the grocer on March 31.
By Catherine Douglas Moran • Feb. 12, 2024 -
Jeff Wells/Grocery Dive
PCC Community Markets workers ratify new contract
The accord with UFCW Local 3000 will allow the grocery co-op to focus on restoring its fiscal health after struggling to turn a profit in recent years, its chief executive said.
By Sam Silverstein • Feb. 12, 2024 -
Courtesy of Kroger
ColumnThe Friday Checkout: Kroger’s CFO left for a rival. What does that say about its merger with Albertsons?
Gary Millerchip jumped suddenly to Costco even as the blockbuster deal he helped engineer remains up in the air.
By Grocery Dive Staff • Feb. 9, 2024 -
Courtesy of Misfits Market
Misfits Market branches into third-party fulfillment
The e-grocer is offering other retailers a range of logistics capabilities, including storing and delivering products, through a newly launched service.
By Sam Silverstein • Feb. 9, 2024 -
Sam Silverstein/Grocery Dive
Ahold Delhaize sells two meat plants to Cargill
The grocery chain said it elected to transfer ownership of the facilities to the meat processor to “increase our focus on being leading omnichannel retailers.”
By Sam Silverstein • Feb. 8, 2024 -
Courtesy of Schnucks
How Schnucks is embracing retail media to stand out as a regional grocer
The company is stepping up its efforts to connect CPGs with its shoppers to be “more competitive in our marketplace versus the Walmarts of the world,” Vice President of Marketing Jenn Freeman said in an interview.
By Sam Silverstein • Feb. 7, 2024 -
Courtesy of Divert Inc.
FMI backs proposed national food waste strategy
In written comments, the trade group offered recommendations to the three agencies behind the Draft National Strategy for Reducing Food Loss and Waste and Recycling Organics.
By Peyton Bigora • Feb. 7, 2024 -
Retrieved from Island Pacific on February 06, 2024
Island Pacific names new CEO
Maite Defensor is assuming the top post at the West Coast Filipino grocer from founder Niño Jefferson Lim.
By Sam Silverstein • Feb. 6, 2024 -
Kaarin Vembar/Grocery Dive
Costco taps former Kroger finance chief to serve as CFO
Gary Millerchip, a key architect of the grocer’s pending merger with Albertsons, is taking over from Richard Galanti, who is leaving the club retailer after nearly 40 years.
By Catherine Douglas Moran • Feb. 6, 2024 -
Courtesy of Kroger
Kroger CFO steps down
The grocery company has tapped Todd Foley, group vice president, corporate controller and chief accounting officer, as interim CFO.
By Catherine Douglas Moran • Updated Feb. 6, 2024 -
Brandon Bell via Getty Images
Biden administration presses grocers to lower prices
A White House analysis shows that grocers have maintained their profit margins even as other types of retailers have reported lower margins, The New York Times reported last Thursday.
By Sam Silverstein • Feb. 5, 2024 -
Permission granted by Raley's
The Raley’s Companies reportedly cuts 47 jobs
The company is also cutting 38 unfilled administrative support positions, according to Phoenix Business Journal.
By Catherine Douglas Moran • Updated Feb. 6, 2024 -
Courtesy of Kroger
Plant supplier sues Kroger over stolen, mishandled inventory
Theut’s Flower Barn alleges the grocer caused $5 million in missing goods.
By Ben Unglesbee • Feb. 2, 2024 -
Lynne Marek/Grocery Dive
Aldi debuts automated checkout tech at Chicago-area store
The retailer is working with artificial intelligence startup Grabango to offer the service for the first time in the U.S. at a location in the Chicago suburb of Aurora, Illinois.
By Sam Silverstein , Lynne Marek • Feb. 2, 2024 -
Courtesy of PCC Community Markets
PCC Community Markets reaches contract deal with union
Workers for the Seattle grocery cooperative will vote on the deal, which the union said includes the “largest wage increases ever at PCC,” on Tuesday.
By Sam Silverstein • Feb. 1, 2024 -
Permission granted by Walmart
Walmart announces 3-for-1 stock split
The retailer said the move, the 12th in its history, will keep share purchase prices within reach for associates.
By Nate Delesline III • Jan. 31, 2024 -
Scott Olson via Getty Images
Walmart announces ambitious 5-year growth plan
The retailer aims to build or convert more than 150 locations by 2029 and remodel 650 stores during the next 12 months.
By Peyton Bigora • Jan. 31, 2024 -
Jeff Wells/Grocery Dive
Hy-Vee adds patient and employer clinic to health portfolio
The regional grocer is now a joint owner of Exemplar Care, which has clinics in Iowa offering primary and urgent care services to individuals and employer groups.
By Peyton Bigora • Jan. 31, 2024 -
Sam Silverstein/Grocery Dive
Dollar General now sells fresh produce at more than 5K stores
The discounter is also deploying AI-based produce-ordering technology from Shelf Engine and plans to bring the platform to about 3,000 stores by the end of fiscal year 2023.
By Sam Silverstein • Jan. 31, 2024 -
Scott Olson via Getty Images
With new stock grants, Walmart store manager pay could exceed $400K
The annual stock grants vary by store format. At Supercenters, it amounts to $20,000.
By Nate Delesline III • Jan. 30, 2024 -
Sam Silverstein/Grocery Dive
Suit alleges that Instacart misled investors ahead of IPO
The complaint claims that investors lost money by buying the company’s stock in its first days of trading because it overstated its prospects and downplayed risks it faces.
By Sam Silverstein • Jan. 30, 2024 -
Retrieved from Big Y Foods.
Big Y names new top executives
The supermarket chain’s appointments this month include a new president and CEO as well as a new chief operating officer.
By Catherine Douglas Moran • Jan. 29, 2024
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