Corporate Operations: Page 26
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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 -
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 -
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 -
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
Column
The 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
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