Corporate Operations: Page 26
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Courtesy of Kroger
Kroger details upcoming ESG efforts
Expanding the usage of infrared detectors for refrigerant leaks and rolling out new supplier guidelines are on the grocer’s to-do list for sustainability and social impact projects.
By Catherine Douglas Moran • Oct. 3, 2023 -
Courtesy of United Natural Foods, Inc.
UNFI parts ways with president
Chris Testa will leave the ailing grocery retailer and wholesaler on Oct. 13 as it presses ahead with a multifaceted effort to restore its profitability.
By Sam Silverstein • Oct. 3, 2023 -
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 Heritage Grocers Group
Heritage Grocers names new president
The ethnic food retailer has promoted Eric Stover to the role and also appointed a new chief operating officer.
By Catherine Douglas Moran • Oct. 3, 2023 -
Sam Silverstein/Grocery Dive
More than two-thirds of shoppers will pay a premium for fresh food: Deloitte
The firm also said a majority of grocery executives it polled indicated that the fresh department is the most strategically important area for their sales growth plan during the next 12-36 months.
By Sam Silverstein • Oct. 3, 2023 -
Permission granted by Gelson's
Gelson’s launches ‘premium’ c-store format
The Southern California grocery chain plans to sell coffee, snacks, meals and convenience items at a fleet of vehicle-charging facilities under development by startup Rove.
By Sam Silverstein • Oct. 2, 2023 -
Kaarin Vembar/Grocery Dive
Walmart’s chief sustainability officer talks ESG priorities, challenges
In an increasingly politicized environment, the retailer is relying on a three-part litmus test to assess climate, labor and social issues, Kathleen McLaughlin said at a Goldman Sachs event.
By Catherine Douglas Moran • Sept. 29, 2023 -
Courtesy of Sam's Club
ColumnThe Friday Checkout: Grocers need to look beyond their core business for growth
As margin pressures increase, executives must look beyond retail media for additional revenue streams that will help them turn a profit, a report from McKinsey noted.
By Grocery Dive Staff • Sept. 29, 2023 -
Noel Hendrickson via Getty Images
Delivering value to shoppers will remain paramount for grocers, McKinsey study finds
More than 70% of consumers recently surveyed by the consulting firm said discounts are more important to them now than a year ago.
By Sam Silverstein • Sept. 28, 2023 -
Courtesy of Smart & Final
Smart & Final president announces retirement
Scott Drew, who will retire on Friday, has held numerous executive positions for the grocer, including chief operating officer.
By Peyton Bigora • Sept. 27, 2023 -
Courtesy of Target
Target to close nine stores due to theft and organized retail crime
Despite its efforts to combat shoplifting and other criminal activity, the retailer ultimately decided to shutter the locations due to safety concerns.
By Peyton Bigora • Sept. 27, 2023 -
Courtesy of Amazon
FTC, 17 states sue Amazon for ‘exploiting its monopoly power’
The e-commerce giant defended the practices outlined in the lawsuit, saying they “spur competition and innovation across the retail industry.”
By Daphne Howland • Sept. 26, 2023 -
Peyton Bigora/Grocery Dive
UNFI posts another weak quarter as it chases profitability
The company has added three new directors and launched a financial review in connection with a “cooperation agreement” with JCP Investment Management.
By Sam Silverstein • Sept. 26, 2023 -
Permission granted by Rite Aid
Rite Aid could close hundreds of stores in possible bankruptcy: WSJ
The drugstore retailer is in negotiations with creditors over a plan that could see nearly a quarter of its stores shutter, The Wall Street Journal reported.
By Nate Delesline III • Sept. 26, 2023 -
Courtesy of Francisco Lupini/Eataly USA
Eataly names North American CEO, shares expansion plans
The upscale retail and restaurant chain has tapped Tommaso Brusò for the top post as it looks to open 20 stores in the region over the next five years.
By Catherine Douglas Moran • Sept. 25, 2023 -
Mike Mozart via Flickr
Big Y debuts new loyalty program
Shoppers can earn one point for every dollar spent at the grocer’s supermarket banners to save on groceries and gas as well as receive free products.
By Peyton Bigora • Sept. 25, 2023 -
Courtesy of Instacart
Instacart adds former CFO, COO to board
Ravi Gupta’s appointment to the grocery technology company’s board follows the exit of co-founder and former CEO Apoorva Mehta.
By Catherine Douglas Moran • Sept. 25, 2023 -
Courtesy of The Giant Company
Grocers have a long way to go in data management: Ahold Delhaize USA CEO
Food retailers have made significant progress on this front, but “I think that when we sit here 10 years from now, we’ll look back and say we weren’t that good at it today,” JJ Fleeman said.
By Sam Silverstein • Updated June 26, 2024 -
Sam Silverstein/Grocery Dive
Kroger took a hard look at the past when crafting divestiture deal, CEO says
The chain was determined to avoid a repeat of Albertsons’ ill-fated 2015 deal with Haggen as it developed plans to sell stores to C&S Wholesale Grocers, Chairman and CEO Rodney McMullen said.
By Sam Silverstein • Sept. 20, 2023 -
Thai Phi Le/Grocery Dive
Publix expands tech campus as digital investments ramp up in grocery
The chain is spending tens of millions of dollars to upgrade facilities in its hometown of Lakeland, Florida, in an effort aimed at attracting tech talent to fuel its growing omnichannel capabilities.
By Sam Silverstein • Sept. 19, 2023 -
Courtesy of Gopuff
Gopuff rolls out discounted membership program for college students
The new offering, known as Student Fam, provides access to all the benefits of the quick delivery company’s Fam subscription service for half the standard cost.
By Sam Silverstein • Sept. 18, 2023 -
Courtesy of Kroger
ColumnThe Friday Checkout: FTC looms large as Kroger and Albertsons angle for approval to combine
Recent comments by FTC Chair Lina Khan and work by the agency and DOJ to update their merger-review guidelines suggest the deal could face bruising resistance from regulators.
By Grocery Dive Staff • Sept. 15, 2023 -
Courtesy of Albertsons
Albertsons’ retail media standardization framework to be assumed by IAB
The announcement comes a few months after the grocer released a white paper advocating for regimented specifications, methodologies, terminology and disclosures across retail media networks.
By Peyton Bigora • Sept. 14, 2023 -
Courtesy of Albertsons
Even with divestiture deal, Kroger-Albertsons merger faces challenging odds, analysts say
The grocers’ plan to sell hundreds of stores to C&S Wholesale Grocers increases the chance of the deal getting done, according to two Wall Street firms — though they still put the odds at only around 50%.
By Sam Silverstein • Sept. 14, 2023 -
Kaarin Vembar/Grocery Dive
Walmart CEO talks consumer spending, inflation predictions
Inflation is on course to continue declining, but food prices are unlikely to return to their levels from two years ago, Doug McMillon said at an investor conference Tuesday.
By Catherine Douglas Moran • Sept. 13, 2023 -
Peyton Bigora/Grocery Dive
Sprouts plans to open 40 stores, roll out loyalty program in 2024
The new store count, which executives detailed Tuesday at Goldman Sachs’ Global Retailing Conference, is a marked increase from the 30 stores the grocer is on track to add in 2023.
By Peyton Bigora • Sept. 13, 2023
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