Corporate Operations: Page 157
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Fresh foods and e-commerce boost Walmart's strong earnings
Riding an increase in consumer spending, the retail giant posted its strongest grocery comps in nine years, while online sales grew 40%.
By Corinne Ruff • Aug. 16, 2018 -
Full Harvest secures $8.5M to sell imperfect produce
The company, which helps farmers distribute flawed or excess fruits and vegetables, will use this latest funding round to expand its operations.
By Jessica Dumont • Aug. 16, 2018 -
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Kroger chops prices in Wisconsin stores
The company lowered costs for thousands of items at Pick n' Save, Metro Market and Copps stores, attempting to hold onto its lead in the state.
By Krishna Thakker • Aug. 15, 2018 -
Retrieved from Kroger on January 30, 2018
Can Kroger's private label products succeed in China?
The grocer announced Tuesday it will begin selling dietary supplements and store brands like Simple Truth on Alibaba's Tmall marketplace.
By Jeff Wells • Aug. 15, 2018 -
H-E-B continues digital investment with new executive hire
Mike Georgoff will lead the company's digital product strategy, design and development efforts as the grocer continues its push into e-commerce.
By Jessica Dumont • Aug. 10, 2018 -
Retrieved from Kroger on March 09, 2018
Kroger promotes key executives to support Restock initiative
Gil Phipps, largely credited with leading the company's private label success, is now vice president of branding, marketing and Our Brands.
By Alicia Kelso • Aug. 9, 2018 -
Albertsons and Rite Aid cancel merger amid shareholder opposition
The $24 billion deal was criticized by investors and advisory firms as undervaluing the drug store chain, with the owner of Safeway and its namesake grocery unwilling to raise its offer.
By Jeff Wells • Aug. 9, 2018 -
Ahold Delhaize hits earnings expectations, but US sales struggle
Competition has challenged banners such as Stop & Shop, but the Dutch company plans to fight back with digital innovation and store updates.
By Jeff Wells • Aug. 8, 2018 -
Kroger considers sale of Turkey Hill business
Offloading the popular ice cream brand could help the grocer pay off debt and free up funds to invest in becoming the next e-commerce giant.
By Jessica Dumont • Aug. 8, 2018 -
Good Catch Foods makes a splash with $8.7M investment
The company uses a six-bean blend to create faux seafood products like fish-free tuna and crab-free cakes.
By Patti Zarling • Aug. 8, 2018 -
Albertsons-Rite Aid merger faces headwinds ahead of Thursday vote
Two advisory firms have come out against the deal, and this week the drug store chain lowered its profitability guidance for the year — an "unusual" move, according to one analyst.
By Jeff Wells • Aug. 7, 2018 -
Publix plans a new GreenWise Market store in Florida
Nearly a decade after the format's launch, the grocer has now announced four new locations, with the first set to open in October.
By Krishna Thakker • Aug. 7, 2018 -
LaCroix lookalike: Costco launches new Kirkland sparkling water
The can design, flavors and taste are almost identical to the popular seltzer brand, consumers say.
By Krishna Thakker • Aug. 6, 2018 -
Schnucks rewards frequent shoppers with new loyalty program
In addition to money off purchases, the initiative has a smartphone app that allows customers to locate items in its stores.
By Patti Zarling • Aug. 3, 2018 -
Albertsons joins forces with venture capital firm to invest in emerging technologies
The grocer has partnered with Greycroft to create a $50 million fund that will be used for the company's digital transformation.
By Jessica Dumont • Aug. 3, 2018 -
Kroger buys real estate to get Lucky's in Florida
Rather than go head-to-head with Publix on its home turf, the grocer is helping bankroll a promising upstart that attracts consumers looking for natural, organic and private label groceries.
By Alicia Kelso • Aug. 2, 2018 -
Sprouts sees earnings rise, names new merchandising officer
The natural and organic retailer saw net sales rise to $1.3 billion while same-store sales grew 2%.
By Jeff Wells • Aug. 2, 2018 -
Suit: Wegmans employee told to 'suck it up' after requesting FMLA leave
Managers often create employment law violations by wearing their hearts on their sleeves, experts say. But training can help.
By Lisa Burden • Aug. 2, 2018 -
Expansions, real estate deals boost Publix Q2 earnings
The Florida-based grocer capitalized on its renowned customer service while expanding, helping the company post a 24.5% jump in net earnings.
By Krishna Thakker • Aug. 2, 2018 -
Walmart hit with $2B lawsuit over produce technology
Zest Labs claims the retailer stole its proprietary information to develop Eden, a management system that can extend the shelf life of fruits and vegetables.
By Alicia Kelso • Aug. 2, 2018 -
Blue Apron posts loss as customer count falls 24%
The meal kit maker's CEO called 2018 "a year of transition" as the company grapples with higher marketing costs, fewer users of the platform and challenges reaching profitability.
By Krishna Thakker • Aug. 2, 2018 -
Retrieved from Kroger on August 01, 2018
Skip the store: Kroger unveils direct-to-consumer grocery marketplace
The company's Ship service will launch in four cities and offer more than 50,000 shelf-stable and bulk products, with free delivery on orders over $35.
By Jeff Wells • Aug. 1, 2018 -
Target expands Drive Up to all 50 states
The mass merchant said the service now reaches 1,750 stores.
By Daphne Howland , Ben Unglesbee • Updated Aug. 30, 2019 -
Retrieved from Kroger on June 28, 2018
Kroger's driverless delivery test underscores a focus on the future
The grocer's partnership with Nuro is the latest bet the company has made to get ahead of competitors and respond to consumer demands.
By Jeff Wells • June 29, 2018 -
Lidl adjusts real estate strategy to reach more customers
The discounter wants to focus on locations between 15,000 and 25,000 square feet in order to penetrate more East Coast markets.
By Jeff Wells • Dec. 12, 2017