Corporate Operations: Page 19
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Kaarin Vembar/Grocery Dive
Dollar Tree to explore spinoff or sale of Family Dollar
The underperforming banner has been a drag on operations since its acquisition.
By Nate Delesline III • June 5, 2024 -
Courtesy of The Save Mart Companies
Save Mart to pay $1.6M to resolve expired product claims
The grocery chain has reached a settlement over allegations it was selling items like over-the-counter medications and baby food past their “use by” dates.
By Catherine Douglas Moran • June 5, 2024 -
Explore the Trendline➔
Sam Silverstein/Grocery Dive
TrendlineGrocery loyalty
Food retailers are depending on techniques designed to build and maintain connections with customers as they strive to stand out.
By Grocery Dive staff -
Peyton Bigora/Grocery Dive
UNFI reports another sales decline but sees better times ahead
The grocery retailer and wholesaler saw sales drop slightly during Q3, but its business with Whole Foods was up by more than 5%.
By Sam Silverstein • June 5, 2024 -
bgwalker/iStock Unreleased via Getty Images
Giant Eagle, Wegmans aim to boost retail media scale with new third-party tie-up
Designed for regional grocers, Rippl will extend the reach of each regional’s retail media platform and provide standardized data feedback to help them compete with national players.
By Peyton Bigora • June 4, 2024 -
Permission granted by SpartanNash
SpartanNash names VP of merchandising and pharmacy
Graham McIvor is joining the grocery company in the new role as it continues to overhaul its merchandising operations.
By Sam Silverstein • June 4, 2024 -
Courtesy of Dollar General
Dollar General reels in self-checkout to fight shrink
Over the last two quarters, the discounter has converted 12,000 stores away from the payment capability.
By Peyton Bigora • June 3, 2024 -
Courtesy of T&T Supermarkets
T&T Supermarkets announces 2nd US location
The Canadian-based Asian grocery chain also said that it has delayed the debut of its first stateside store.
By Sam Silverstein • June 3, 2024 -
Courtesy of SpartanNash
SpartanNash sees weaker results as sales to Amazon plummet
The grocery wholesaler and retailer recorded declining net and comparable-store sales during Q1 for the second quarter in a row.
By Sam Silverstein • May 31, 2024 -
Courtesy of Takeoff Technologies
Takeoff Technologies files for Chapter 11
A group of the company’s customers is slated to put up roughly $9.6 million in debtor-in-possession financing as the micro-fulfillment center provider looks to sell its assets.
By Catherine Douglas Moran • May 31, 2024 -
Permission granted by City of Colfax
Mapping Fareway’s homegrown growth
The regional grocer is leaning on alternative formats as it expands within its Midwestern turf.
By Peyton Bigora • May 30, 2024 -
Nate Delesline/Grocery Dive
Dollar Tree acquires 99 Cents Only’s North American IP
The retailer also bought up the rights to 170 store leases, with plans to rebrand and reopen them “as early as fall 2024.”
By Nate Delesline III • May 30, 2024 -
Catherine Douglas Moran/Grocery Dive
Illinois set to end grocery tax
Legislators have approved a state budget for 2025 that eliminates the 1% tax, paving the way for Gov. J.B. Pritzker to sign it into law.
By Sam Silverstein • May 30, 2024 -
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 -
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
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