Corporate Operations: Page 60
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Courtesy of Amazon
Amazon names grocery veteran to head consumer business
Doug Herrington, who established AmazonFresh and was an executive at Webvan, will replace Dave Clark as head of the unit, formerly known as Amazon Worldwide Consumer.
By Sam Silverstein • June 22, 2022 -
Retrieved from Target.com on June 17, 2022
Target unveils new private label adult beverage line
The new line of ready-to-drink cocktails, called Casa Cantina, adds to the retailer’s growing assortment of exclusive offerings in food and beverage.
By Sam Silverstein • June 17, 2022 -
Explore the Trendline➔
Sam Silverstein/Grocery Dive
TrendlineGrocery loyalty
Food retailers are depending on techniques designed to build and maintain connections with customers as they strive to stand out.
By Grocery Dive staff -
Permission granted by Pod Foods
How Sprouts is quickly adding emerging products to its stores
The specialty grocer’s partnership with small-brand distributor Pod Foods will bring new items to 130 locations.
By Jeff Wells • June 16, 2022 -
Retrieved from Apple App Store on March 29, 2022
Instant delivery firm Jokr leaving US
The company is making its last deliveries in New York City and Boston on June 19 due to "this period of global economic uncertainty," the company wrote on Instagram.
By Catherine Douglas Moran • June 16, 2022 -
Courtesy of Instacart
Instacart's Road to IPOInstacart refreshes its subscription service
Instacart+, which replaces Instacart Express, includes many of the former program’s features, along with new ones such as subscription sharing and benefits for Chase cardholders.
By Catherine Douglas Moran • June 15, 2022 -
Courtesy of SpartanNash
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 Sam Silverstein • June 15, 2022 -
Retrieved from Apple on February 22, 2022
Alimentation Couche-Tard exec joins Food Rocket's board
Guillaume Leger, vice president and controller of the convenience store operator, is joining the ultrafast grocery delivery company as the startup considers a possible IPO.
By Sam Silverstein • June 14, 2022 -
Courtesy of Marc Levine
Stop & Shop investing $140M to update NYC stores
City locations will stock more relevant products and sale items as the chain continues to update stores in an attempt to stem its market share loss.
By Jeff Wells • June 13, 2022 -
Spencer Platt via Getty Images
How collaboration can help grocers combat the threat of store violence
Food retailers can strengthen knowledge-sharing with community groups, local law enforcement and other industries to bolster safety efforts, sources say.
By Catherine Douglas Moran • June 13, 2022 -
Courtesy of Giant Food
Giant Food adds electric vehicles for delivery
The deployment of two vehicles from Motiv Power Systems kicks off the Mid-Atlantic grocery chain’s efforts to operate more fully electric vehicles in the years ahead.
By Catherine Douglas Moran • June 10, 2022 -
Permission granted by SpartanNash
SpartanNash holds off activist investors' push to remake board
Shareholders rejected Macellum Advisors and Ancora Holding Group’s argument the company lacks “any clear strategy for value creation” and needs new leadership to change its course.
By Sam Silverstein , Catherine Douglas Moran • June 9, 2022 -
Permission granted by Dollar General
Dollar General upgrades retail media network, emphasizing rural customers
The discount chain, which has benefited from inflationary trends, is adding new tech partners in the race to secure more brand dollars.
By Peter Adams • June 8, 2022 -
Thai Phi Le/Grocery Dive
Foxtrot names former Taco Bell executive as president and CFO
Liz Williams will lead the upscale c-store chain’s implementation of new inventory and delivery operations while also overseeing its development of an expanded range of prepared foods.
By Sam Silverstein • June 7, 2022 -
Courtesy of Target
Target aims to boost grocery as it pares down inventory
Just weeks after lowering its guidance, the retailer now expects an even deeper hit to profit margins as consumers pull back on discretionary spending.
By Ben Unglesbee • June 7, 2022 -
Courtesy of Walmart
Top Walmart executives talk inflation, labor and supply chain challenges
At a recent investor Q&A, company leaders detailed how they are tackling headwinds like continued cost pressures and shared how they aim to leverage Walmart+.
By Catherine Douglas Moran • June 7, 2022 -
Sam Silverstein/Grocery Dive
Albertsons 'not in a hurry' to finish strategic review, top executive says
The grocery chain is working through the appraisal process to place a value on its extensive real estate holdings as it evaluates its options, President and CFO Sharon McCollam said Thursday.
By Sam Silverstein • June 6, 2022 -
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 Sam Silverstein • June 3, 2022 -
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 Sam Silverstein • June 2, 2022 -
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 Catherine Douglas Moran • June 2, 2022 -
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 Sam Silverstein • June 1, 2022 -
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 Sam Silverstein • May 31, 2022 -
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 Sam Silverstein • May 25, 2022 -
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 Sam Silverstein • May 25, 2022 -
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 Catherine Douglas Moran • May 24, 2022 -
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 Catherine Douglas Moran • May 24, 2022
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