Corporate Operations: Page 2


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    Courtesy of Mashgin

    Alimentation Couche-Tard to roll out computer-vision checkout units to 7K c-stores

    The multinational retailer, which operates locations under the Circle K and Couche-Tard banners, plans to deploy Mashgin's technology across North America and Europe over the next three years.

    By June 3, 2022
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    Permission granted by SpartanNash

    SpartanNash touts Q1 results as pivotal shareholder vote looms

    The grocer, which is fighting activist investors trying to remake its board, believes its performance for all of 2022 will be stronger than it previously expected, its chief financial officer said Thursday.

    By June 2, 2022
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    FangXiaNuo via Getty Images

    Grocers lean into price cuts, rewards perks as inflation tightens consumers' wallets

    Lidl, Weis Markets and Giant Eagle are looking for new ways to help customers save money as high food prices and fuel costs impact shopping behavior. 

    By June 2, 2022
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    Permission granted by Dollar General

    Dollar General names 11 new executives as it springs ahead

    The appointments include a trio of new senior vice presidents who will oversee the discounter’s real estate, private label and distribution departments, as well as eight new vice presidents.

    By June 1, 2022
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    Courtesy of Costco Wholesale

    Costco continues string of strong earnings by club retailers

    The company’s Q3 same-store sales excluding fuel and foreign-exchange costs rose 10.7% year-over-year, while net income came in at $1.35 billion, up 10.9% compared with the same period in 2021.

    By May 31, 2022
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    Courtesy of H-E-B

    Supermarkets perform well in latest corporate reputation poll

    Wegmans, Trader Joe's, Kroger and H-E-B were among the 25 highest scorers in the 2022 Axios-Harris Poll 100, which ranks the most visible U.S. firms based on their reputation with the public.

    By May 25, 2022
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    Permission granted by Sprouts Farmers Market

    Sprouts appoints CPG executive Hari Avula to board of directors

    The chief financial and strategic officer of organic energy bar maker Clif Bar is joining the specialty grocer's board as the retailer looks to adjust its direction following weak first-quarter sales.

    By May 25, 2022
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    Courtesy of Albertsons
    Q&A

    Albertsons' head of retail media on the company's 'late mover' advantage and what's next in digital advertising

    Kristi Argyilan, who previously headed Target Roundel, says the company is able to build digital advertising services and technology aimed at the current market. But it needs to move fast.

    By May 24, 2022
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    Courtesy of Instacart

    Instacart revamps its customer ratings system

    The company said it will prioritize orders for workers who maintain an average rating of 4.7 out of 5 and will downplay reviews from customers who consistently provide negative feedback.

    By May 24, 2022
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    Courtesy of Gorillas

    Gorillas lays off 300, considers 'strategic options' for operations in 4 European countries

    The Germany-based rapid delivery firm is tightening its operations in the face of a challenging funding environment, co-founder and CEO Kagan Sumer said in a public letter.

    By May 24, 2022
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    Retrieved from Walmart on November 01, 2021

    Target, CVS testing reusable bag rental system in New Jersey

    Coming on the heels of the state's ban on single-use paper and plastic bags, shoppers at select locations can now use in-store kiosks to rent and return bags. 

    By May 23, 2022
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    Courtesy of Meijer

    Meijer brings produce from Michigan hydroponic grower to all of its stores

    Revolution Farms is supplying several lettuce varieties under its own brand to the Midwestern retailer and also providing all the lettuce for the chain’s “Fresh from Meijer” ready-to-eat salad kits.

    By May 23, 2022
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    Kaarin Vembar/Grocery Dive

    Amazon Fresh prepares to open first stores in New York, New Jersey

    The locations, the first of several reportedly set to open on Long Island and in the Garden State, are hosting hiring events aimed at bringing in "hundreds" of workers for the chain.

    By May 19, 2022
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    Courtesy of BJ's Wholesale Club

    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
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    Courtesy of United Natural Foods, Inc.

    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.

    By May 18, 2022
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    Aja Koska via Getty Images

    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.

    By May 18, 2022
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    Courtesy of Gopuff

    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.

    By May 18, 2022
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    Daphne Howland/Grocery Dive

    Target's profit 'collapsed' in Q1 as retail smashes into fuel costs

    The retailer faced hundreds of millions of dollars in unexpected freight costs but gained market share in grocery as shoppers gravitate toward lower prices.

    By Ben Unglesbee • May 18, 2022
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    Courtesy of Walmart

    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.

    By Ben Unglesbee • May 17, 2022
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    Courtesy of Sprouts Farmers Market

    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.

    By , May 16, 2022
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    Courtesy of H-E-B

    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.

    By May 13, 2022
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    Courtesy of DoorDash

    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.

    By May 13, 2022
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    Courtesy of Instacart

    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. 

    By , May 12, 2022
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    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.

    By May 12, 2022
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    Sam Silverstein/Grocery Dive

    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.

    By Updated May 12, 2022