The Latest
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5 areas grocery executives should prioritize this year: McKinsey
Food retail leaders should pay greater attention to topics such as sustainability, omnichannel growth and tech partnerships as industry challenges mount, the consulting firm said in a new report.
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UNFI's chief operating officer announces retirement
Eric Dorne, whose grocery career spanned 46 years, led the integration of Supervalu and has helped steer the distributor through the pandemic.
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Gopuff lands former Disney CEO Bob Iger as investor and advisor
The instant delivery company said it is tapping into Iger's experience leading an organization focused on building relationships with consumers.
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Walmart's profits take a hit as fuel spikes and consumers react to inflation
As costs continue rising, the retailer is strategically raising and rolling back prices as it seeks market share and profit.
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93% of US has food delivery access, but barriers remain: report
Most people across the country, including 90% of those living in food deserts, can get food delivered from at least one of four major players, but issues like broadband access pose challenges, The Brookings Institution found.
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Sprouts' ongoing struggles could mean 'the clock is ticking' for investors
The specialty grocer’s performance has lagged behind its competitors’ results during the pandemic. That could lead the chain to eventually go private again, Wall Street analysts say.
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Retrieved from YouTube on June 01, 2021
How much food waste do consumers produce? Kroger is helping to find out
The grocery company’s Zero Hunger | Zero Waste Foundation is supporting a new grant project that aims to develop ways to more accurately measure food waste generated by U.S. households.
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H-E-B launches health and wellness platform
H-E-B Wellness centers on company-run clinics that will expand across Texas over the next few years and offer a roster of medical and dietary services.
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DoorDash kicks off its inaugural local goods accelerator
The program's first cohort includes more than 40 businesses run by entrepreneurs from underrepresented backgrounds who will have the opportunity to list products on the company's DashMart service.
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Instacart files confidentially for IPO
The announcement is a long-awaited step for the San Francisco-based company, which did not disclose further details on its potential offering.
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Dollar Tree taps former Dollar General execs for help with supply chain, merchandising
The hires join new executive chair Richard Dreiling as the latest appointments with experience at the dollar store's faster-growing rival.
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Stop & Shop a sore spot in otherwise solid earnings report for Ahold Delhaize
The retailer disclosed that the Northeast banner lost market share between Q4 2019 and Q4 2021, which executives chalked up to a slowdown in its remodeling program due to the pandemic.
Updated May 12, 2022 -
Retrieved from Apple App Store on March 29, 2022
Jokr diversifying revenue with launch of own retail media platform
Jokr Media, which is live in the U.S. and five Latin American countries, is a "major strategic focus" for the rapid delivery firm as it focuses on profitability, said Benedict Counsell, vice president of onsite and Jokr Media.
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South American retailer to buy majority stake in The Fresh Market for $676M
The deal with current owner Apollo Global Management will let Cencosud acquire 67% of the specialty grocer.
Updated May 11, 2022 -
Grocery prices soar 10.8% as inflation remains high
In April, food-at-home prices saw the largest 12-month increase since November 1980, according to Consumer Price Index data released by the U.S. Bureau of Labor Statistics on Wednesday.
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3 ways grocers are elevating online order picking in their stores
As retailers continue to rely on their main locations to fill digital demand, many are trying to boost efficiency and quality through enhanced training, technology and store layouts.
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Gopuff launches first restaurant brand under its Kitchen division
The Mean Tomato will offer New York City-style pizzas that customers can add to their orders of snacks, drinks and other impulse buys.
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Grocery Outlet raises full-year guidance, will expand e-commerce coverage
CEO Eric Lindberg said during Tuesday's earnings call that the discount grocer plans to introduce Uber Eats and DoorDash delivery to a subset of stores following a successful online rollout with Instacart.
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Retrieved from Apple on February 22, 2022
Food Rocket plans to offer 15-minute delivery from Chicago convenience store
The ultrafast grocery delivery startup intends to co-locate a fulfillment center with a Circle K location set to open this summer and plans to expand to additional cities this year.
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SpartanNash inks delivery and distribution deal with DoorDash
Under the agreement, DoorDash will become a delivery option for the grocery company's stores and independent retail clients, while SpartanNash will begin supplying DashMart online convenience stores.
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Self-checkout tech maker Mashgin raises $62.5M
The technology company said it will use the investment to build out its team, quicken expansion and scale globally.
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Online sales decline in April as inflation takes hold with shoppers
E-commerce sales for the month dropped almost 4% as order volume and active users fell, according to the latest report from Brick Meets Click and Mercatus.
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Retrieved from The Ice Cream Shop on May 06, 2022
Robomart, Unilever link up to reinvent the ice cream truck
This summer, customers in Los Angeles will be able to hail self-service mobile markets stocked with brands owned by the CPG giant, including Ben & Jerry's and Breyers.
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Target focuses on customer experience, supply chain in latest leadership shuffle
The mass merchant is operating from a position of strength, but is also likely realizing it must look harder for growth opportunities.
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Sprouts lowers its outlook for the year as unit sales decline
CEO Jack Sinclair said the company sees ways to boost baskets amid rising gas and food prices, but analysts aren't sold on the plan.