Corporate Operations: Page 19
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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 -
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 -
Courtesy of FreshDirect
Getir names new CEO at FreshDirect
The rapid delivery firm has also appointed a CEO of its U.S. Group, which includes the New York City e-grocer as well as its core business.
By Catherine Douglas Moran • Jan. 29, 2024 -
Courtesy of Kroger
Kroger sets new produce supplier goal
The grocer is requiring its fresh produce suppliers to use Integrated Pest Management practices by the end of the decade to help create a more sustainable supply chain.
By Catherine Douglas Moran • Jan. 29, 2024 -
Retrieved from Fresco y Más on January 26, 2024
Southeastern Grocers completes sale of Fresco y Más
The divestiture is linked to a broader plan the grocery company announced last summer to ultimately exit the supermarket business.
By Sam Silverstein • Jan. 26, 2024 -
Jeff Wells/Grocery Dive
ColumnThe Friday Checkout: Regionals show off commanding market share presence
While Kroger, Albertsons and Ahold Delhaize dominate the coasts, regional and local grocers are drawing customers into stores across the middle of the country, data shows.
By Grocery Dive Staff • Jan. 26, 2024 -
Jessica Dumont/Grocery Dive
Grocery Outlet names first chief operations officer
The grocer has chosen Ramesh Chikkala, a former Walmart executive, to fill the role as it deepens its focus on supply chain and business technology.
By Catherine Douglas Moran • Jan. 25, 2024 -
Drew Angerer / Staff via Getty Images
Shoppers shift away from traditional grocers, data shows
Supermarkets have lost ground since 2019 in categories such as meat and refrigerated seafood, while club stores and mass merchants have grown their market share, 210 Analytics and Circana found.
By Sam Silverstein • Jan. 24, 2024 -
Kaarin Vembar/Grocery Dive
Walmart’s EVP of Neighborhood Market is retiring from the company
Kelvin Buncum, who spent more than 12 years at the retailer, is the latest in a string of top executive departure news.
By Catherine Douglas Moran • Jan. 24, 2024 -
Kaarin Vembar/Grocery Dive
Walmart to close Store No. 8
Scott Eckert, who led the retailer’s innovation unit, will also leave the company.
By Nate Delesline III • Jan. 23, 2024 -
Retrieved from Google Maps on October 19, 2021
Coborn’s promotes 3 executives
The Minnesota-based grocer’s latest internal changes focus on store growth and management beyond core grocery categories.
By Peyton Bigora • Jan. 23, 2024 -
Sam Silverstein/Grocery Dive
Deep DiveInflation may be down, but consumers remain singularly focused on price
After years of keeping up with high grocery prices by tapping savings accounts and credit lines, people have run out of capacity to cover costs by digging deeper, experts said.
By Sam Silverstein • Jan. 23, 2024 -
Courtesy of Price Chopper/Market 32
Northeast Grocery names new CEO
COO John Persons will take over the top role at the end of February when Frank Curci leaves the parent company of Price Chopper/Market 32 and Tops Friendly Markets.
By Catherine Douglas Moran • Jan. 23, 2024 -
Retrieved from Giant Eagle.
Giant Eagle revamps loyalty program
The grocer has made changes to its myPerks program that include additional redemption choices and the ability for frequent shoppers to earn points at an accelerated rate.
By Sam Silverstein • Jan. 23, 2024 -
Sam Silverstein/Grocery Dive
NLRB seeks to force Trader Joe’s to reopen New York wine store
The grocer closed the shop in the city’s Union Square neighborhood because workers had discussed unionizing, the National Labor Relations Board said in a complaint.
By Sam Silverstein • Jan. 22, 2024 -
Permission granted by The Hershey Company
Sponsored by The Hershey CompanyHow Hershey is delivering value when—and where—consumers need it most
Individuals and families across the U.S. are finding that they have less disposable income. As a result, they are increasingly selective and heavily focused on value.
By Amber Murayi, Vice President, Strategy, The Hershey Company • Jan. 22, 2024 -
Courtesy of Kroger
ColumnThe Friday Checkout: Is the Kroger-Albertsons deal running off the rails?
The grocers suggested this week that they were concerned from the start that their merger could take longer to complete than they initially projected.
By Grocery Dive Staff • Jan. 19, 2024 -
Peyton Bigora/Grocery Dive
Supplier sues UNFI in chargeback spat
Omaha Industries alleges that the grocery distributor withheld over $250,000 from invoice payments to offload its own risk.
By Ben Unglesbee • Jan. 19, 2024 -
Courtesy of Target
Target names Michael Fiddelke chief operating officer
The retailer also shuffled its merchandising team, splitting up responsibility for discretionary categories and essentials.
By Nate Delesline III • Jan. 18, 2024 -
Courtesy of Shipt
NRF 2024Shipt unveils Innovation Lab, expands retail business accelerator
Experimentation in key areas, such as drone delivery and digitizing end caps, is a growth opportunity to drive more connection with customers, said a company vice president.
By Catherine Douglas Moran • Jan. 18, 2024 -
Sam Silverstein/Grocery Dive
Former FreshDirect CMO rejoins The Giant Company
John MacDonald has returned to the supermarket chain to handle e-commerce-related initiatives as vice president of special projects.
By Sam Silverstein • Jan. 18, 2024 -
Bruce Bennett via Getty Images
Wakefern names chief sales officer
The appointment of Darren Caudill, who previously worked for UNFI and Kroger, is the latest in a series of executive changes at the retailer-owned cooperative.
By Peyton Bigora • Jan. 18, 2024 -
Courtesy of Save A Lot
Save A Lot aims to triple store count
The discounter is looking to expand from nearly 800 stores today to 3,000 during the next few years, a senior executive said at the National Retail Federation’s Big Show.
By Catherine Douglas Moran • Jan. 17, 2024 -
Catherine Douglas Moran/Grocery Dive
NRF 2024Inside the inaugural Foodservice Innovation Zone at NRF’s Big Show
For the first time, “future-forward” food tech vendors had a designated space at this year’s conference. Here’s a look at some of the innovators.
By Catherine Douglas Moran • Jan. 17, 2024 -
Megan Poinski/Grocery Dive
Giant Eagle to open first automated micro-fulfillment center
The grocer will use the facility, which will stock center store goods as well as chilled and frozen items, to fulfill curbside pickup orders at a location in Pittsburgh.
By Sam Silverstein • Jan. 17, 2024
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