Corporate Operations
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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 -
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 -
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 -
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 -
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 -
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 -
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 • Sept. 20, 2023 -
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 -
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 -
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 -
Column
The 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 -
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 -
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 -
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 -
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 -
Sprouts appoints first-ever chief technology officer
Jim Bahrenburg, formerly chief information officer of Good Food Holdings, assumed the role on Monday.
By Peyton Bigora • Sept. 11, 2023 -
Dollar General braces for $95M profit hit as it clears inventory
While it works to reduce stock levels, the discounter is also investing in new planning tools to help manage flows at stores and distribution centers.
By Ben Unglesbee • Sept. 11, 2023 -
BJ’s names CIO as it targets digital convenience
Anjana Harve succeeds Scott Kessler, who joined Northeast Grocery earlier this year.
By Roberto Torres • Sept. 11, 2023 -
Kroger taps the brakes on automated fulfillment center rollout
The grocery chain plans to hold off on building new e-commerce sites with Ocado “until we make sure that we have a clear path on the ones we have,” Chairman and CEO Rodney McMullen said Friday during an earnings call.
By Sam Silverstein • Sept. 11, 2023 -
Dom’s Kitchen & Market appoints sole CEO
Don Fitzgerald, who served co-CEO since 2021, has fully stepped into the Chicago grocery company’s top role.
By Peyton Bigora • Sept. 8, 2023 -
Kroger sees Q2 earnings slip with $1.4B opioid settlement charge
The grocer brought in $33.9 billion in sales, 2% less than during the same period last year, and said its settlement will cover most nationwide opioid claims.
By Catherine Douglas Moran • Sept. 8, 2023 -
Column
The Friday Checkout: C&S would catapult to major retailer status with Kroger-Albertsons deal
The company is suiting up for a starring role after enduring key setbacks to its distribution business. Can it overcome the ghosts of grocery M&A history?
By Grocery Dive Staff • Sept. 8, 2023 -
Walmart lowers starting wage for some store workers
Newly hired employees who stock shelves or fulfill online orders are no longer being offered an extra dollar per hour.
By Daphne Howland • Sept. 8, 2023 -
UNFI names CPG tech veteran as CIO
Mario Maffie will join the grocery retailer and wholesaler in October following a 24-year tech-focused career at Mars.
By Sam Silverstein • Sept. 8, 2023 -
Kroger and Albertsons announce $1.9B divestiture plan with C&S
The deal includes 413 stores, eight distribution centers and three store banners. It also carves out a path for C&S to acquire an additional 237 stores to secure regulatory approval.
By Jeff Wells , Catherine Douglas Moran • Updated Sept. 8, 2023