Finances & Deals: Page 10

  • A SpartanNash distribution facility in Minot, North Dakota.
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    Courtesy of Provender Partners
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    SpartanNash sells four distribution facilities to investment firm

    The $29.9 million deal offloads centers in Indiana, North Dakota, Florida and Ohio that together occupy 483,000 square feet.

    By • Oct. 5, 2022
  • Meijer announced it will expand its third Supplier Diversity event to include diverse-owned service providers, as well as retail-ready products for its shelves. Certified minority-, LGBTQ-,
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    Courtesy of Meijer
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    Meijer offers produce discounts to SNAP customers

    Thanks to a waiver granted by the USDA, the company will provide discounts on eligible fruits and vegetables for a year, with the first promotional period beginning Oct. 2.

    By • Sept. 29, 2022
  • Rendering of an exterior of a grocery store and a sign that says "Forty Acres Fresh Market"
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    Permission granted by Liz Abunaw
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    Black-owned grocery startup in Chicago rakes in funding

    Liz Abunaw, owner of Forty Acres Fresh Market, was one of three Black entrepreneurs to each receive a $50,000 grant from cookie brand Famous Amos.

    By • Sept. 27, 2022
  • Eataly at Park MGM in Las Vegas
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    Courtesy of Francisco Lupini/Eataly USA
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    Eataly lands investment deal to further its global expansion plans

    The infusion of 200 million euros by private equity group Investindustrial will allow the specialty Italian grocer to develop new formats and open more locations worldwide.

    By • Sept. 23, 2022
  • Screenshot of Jow's website showing recipe suggestions for meals.
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    Retrieved from Jow on September 21, 2022
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    Kroger links with French meal planning service

    The grocery chain has a new partnership with Jow, a startup that recommends recipes and ingredient products to customers based on their dietary and lifestyle preferences.

    By • Sept. 21, 2022
  • Kroger Ocado
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    Courtesy of Kroger
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    Kroger expands personalized financial tools for employees

    The program will offer associates the opportunity to access financial coaches, online tools and other free, confidential services. 

    By • Sept. 16, 2022
  • screenshot of Walmart's EBT food items page
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    Peyton Bigora/Grocery Dive, data from Walmart.com
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    Walmart makes it easier to shop SNAP-eligible items online

    The retailer said it is streamlining its website for consumers who use EBT card payments as it looks to foster a more inclusive shopping experience.

    By • Sept. 14, 2022
  • Rosie
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    Courtesy of Rosie
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    Instacart's Road to IPO

    Instacart buys e-commerce tech provider Rosie

    Rosie’s services are now part of the Instacart Platform, and its staff lead development of the e-commerce giant’s strategy for serving independent retailers.

    By • Sept. 7, 2022
  • Two computers open with software on them
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    Courtesy of Instacart
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    Instacart buys AI-powered pricing and promotions platform Eversight

    Instacart said the acquisition will give its retailer and CPG partners access to individualized pricing tools and insights that link offline and online shopper behavior. 

    By • Sept. 1, 2022
  • A sign hangs outside a Sam's Club store.
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    Scott Olson via Getty Images
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    Sam’s Club increases membership fee for the first time in almost a decade

    Basic membership costs will go from $45 to $50, while the price of a “Plus” membership will rise from $100 to $110.

    By • Sept. 1, 2022
  • Walmart beef
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    Courtesy of Walmart
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    Walmart continues to beef up meat sourcing

    The retailer has agreed to acquire a minority stake in Sustainable Beef LLC and will help the rancher-owned company open a beef-processing facility in North Platte, Nebraska. 

    By • Sept. 1, 2022
  • Person hands two blue bags to person at the front door of a residence.
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    Courtesy of Walmart
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    Walmart to buy its gig-labor management partner

    The purchase of the partner behind the retailer’s Spark Driver platform comes at a time when Walmart is quickly growing its last-mile and omnichannel capabilities.

    By • Updated Aug. 19, 2022
  • Exterior shot of a Target store with a closeup on the Target logo.
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    Daphne Howland/Grocery Dive
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    Target takes 87% hit to operating profit as it resets inventory

    The retailer has worked to clear out inventory facing sluggish demand as consumers grapple with inflation. Was it a speed bump, or a sign of poor planning?

    By Ben Unglesbee • Aug. 17, 2022
  • Walmart redesigned store experience in grocery.
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    Courtesy of Walmart
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    Grocery boosts Walmart sales, but profits fall on inflation in Q2

    The retailer’s 6.5% U.S. comp sales increase was driven by market share gains in food categories, “strong” private label sales and higher-than-average tickets.

    By , Ben Unglesbee • Aug. 16, 2022
  • Lucky California
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    Courtesy of The Save Mart Companies
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    Save Mart launches video game-focused rewards program

    The grocer’s new Gamer Rewards Program offers shoppers a $10 credit toward video games for every $15 spent on products from a variety of national brands.

    By • Aug. 16, 2022
  • Grocery Outlet
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    Jessica Dumont/Grocery Dive
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    Inflation, at-home eating lift Grocery Outlet’s Q2 comp sales

    The discounter saw comparable store sales increase 11.2% year-over-year and net sales jump 15.7% to $897.7 million.

    By • Aug. 10, 2022
  • Sprouts Farmers Market
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    Courtesy of Sprouts Farmers Market
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    Sprouts looks to reignite store growth as quarterly sales increase

    The specialty grocer’s comps grew 2% and store traffic increased in the second quarter, but analysts remain wary of its ability to stand out from the competition.

    By • Aug. 4, 2022
  • Supermarket exterior
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    Courtesy of Save A Lot
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    Save A Lot ownership group lands $13.5M grant to improve Chicago stores

    Yellow Banana plans to remodel five supermarkets and reopen a closed location in the Midwestern city through the project, which is intended to boost access to groceries for people in underserved neighborhoods.

    By • July 21, 2022
  • DoorDash delivery partnership with Loblaw
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    Courtesy of DoorDash
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    DoorDash kicks off dark store-powered rapid delivery as a service

    A new 30-minute delivery partnership with Canadian grocer Loblaw marks the first time the e-commerce provider will run fulfillment centers for a retailer.

    By • June 23, 2022
  • Exterior of Family Fare grocery store
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    Courtesy of SpartanNash
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    SpartanNash buys Shop-N-Save Food Centers

    The Midwestern retailer has converted the three-store chain, which has locations in Benzonia, Fremont and Ludington, Michigan, to its Family Fare banner.

    By • June 15, 2022
  • Cardenas Markets
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    Retrieved from Cardenas Markets.
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    Apollo to acquire Cardenas Markets

    The private equity firm will combine the chain with Tony’s Fresh Market to create a nearly 80-store ethnic and Hispanic-focused grocer.

    By , • June 13, 2022
  • Cardenas Markets
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    Retrieved from Cardenas Markets.
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    Cardenas Markets expanding SoCal footprint with 6-store acquisition

    The Hispanic chain, which operates more than 50 locations in three states, is beefing up its footprint east of Los Angeles. 

    By • June 10, 2022
  • The Sifter app on a smartphone next to a basket of groceries.
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    Courtesy of Sifter
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    Peapod founders' Sifter rakes in $5M seed funding

    The platform will use the financing to speed the growth of its Nutrition as a Service platform.

    By • May 27, 2022
  • Ocado
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    Courtesy of Ocado
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    Ocado buys robotics startup as it looks to speed up delivery prep

    The U.K.-based online grocery order-fulfillment company plans to pay 10.2 million euros ($10.9 million) to take over Myrmex, an automation specialist in which it initially invested in 2020.

    By • May 24, 2022
  • Exterior of BJ's Wholesale Club store
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    Courtesy of BJ's Wholesale Club
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    BJ's rides gas sales to strong Q1 results

    Low prices at its fuel centers spurred people to fill up and shop inside its stores, where grocery and perishable categories led sales.

    By • May 19, 2022