Finances and Deals: Page 2


  • Alert Innovation Alphabot robot
    Image attribution tooltip
    Courtesy of Alert Innovation

    Walmart to buy Alert Innovation

    The retailer is acquiring the Massachusetts-based automated fulfillment company as it continues to level up its order-routing capabilities.

    By , Oct. 6, 2022
  • A SpartanNash distribution facility in Minot, North Dakota.
    Image attribution tooltip
    Courtesy of Provender Partners

    SpartanNash sells four distribution facilities to investment firm

    The $29.9 million deal offloads centers in Indiana, North Dakota, Florida and Ohio that together occupy 483,000 square feet.

    By Oct. 5, 2022
  • Meijer announced it will expand its third Supplier Diversity event to include diverse-owned service providers, as well as retail-ready products for its shelves. Certified minority-, LGBTQ-,
    Image attribution tooltip
    Courtesy of Meijer

    Meijer offers produce discounts to SNAP customers

    Thanks to a waiver granted by the USDA, the company will provide discounts on eligible fruits and vegetables for a year, with the first promotional period beginning Oct. 2.

    By Sept. 29, 2022
  • Rendering of an exterior of a grocery store and a sign that says "Forty Acres Fresh Market"
    Image attribution tooltip
    Permission granted by Liz Abunaw

    Black-owned grocery startup in Chicago rakes in funding

    Liz Abunaw, owner of Forty Acres Fresh Market, was one of three Black entrepreneurs to each receive a $50,000 grant from cookie brand Famous Amos.

    By Sept. 27, 2022
  • Eataly at Park MGM in Las Vegas
    Image attribution tooltip
    Courtesy of Francisco Lupini/Eataly USA

    Eataly lands investment deal to further its global expansion plans

    The infusion of 200 million euros by private equity group Investindustrial will allow the specialty Italian grocer to develop new formats and open more locations worldwide.

    By Sept. 23, 2022
  • Screenshot of Jow's website showing recipe suggestions for meals.
    Image attribution tooltip
    Retrieved from Jow on September 21, 2022

    Kroger links with French meal planning service

    The grocery chain has a new partnership with Jow, a startup that recommends recipes and ingredient products to customers based on their dietary and lifestyle preferences.

    By Sept. 21, 2022
  • Kroger Ocado
    Image attribution tooltip
    Courtesy of Kroger

    Kroger expands personalized financial tools for employees

    The program will offer associates the opportunity to access financial coaches, online tools and other free, confidential services. 

    By Sept. 16, 2022
  • screenshot of Walmart's EBT food items page
    Image attribution tooltip
    Peyton Bigora/Grocery Dive, data from Walmart.com

    Walmart makes it easier to shop SNAP-eligible items online

    The retailer said it is streamlining its website for consumers who use EBT card payments as it looks to foster a more inclusive shopping experience.

    By Sept. 14, 2022
  • Rosie
    Image attribution tooltip
    Courtesy of Rosie

    Instacart buys e-commerce tech provider Rosie

    Rosie’s services are now part of the Instacart Platform, and its staff lead development of the e-commerce giant’s strategy for serving independent retailers.

    By Sept. 7, 2022
  • Two computers open with software on them
    Image attribution tooltip
    Courtesy of Instacart

    Instacart buys AI-powered pricing and promotions platform Eversight

    Instacart said the acquisition will give its retailer and CPG partners access to individualized pricing tools and insights that link offline and online shopper behavior. 

    By Sept. 1, 2022
  • A sign hangs outside a Sam's Club store.
    Image attribution tooltip
    Scott Olson via Getty Images

    Sam’s Club increases membership fee for the first time in almost a decade

    Basic membership costs will go from $45 to $50, while the price of a “Plus” membership will rise from $100 to $110.

    By Sept. 1, 2022
  • Walmart beef
    Image attribution tooltip
    Courtesy of Walmart

    Walmart continues to beef up meat sourcing

    The retailer has agreed to acquire a minority stake in Sustainable Beef LLC and will help the rancher-owned company open a beef-processing facility in North Platte, Nebraska. 

    By Sept. 1, 2022
  • Person hands two blue bags to person at the front door of a residence.
    Image attribution tooltip
    Courtesy of Walmart

    Walmart to buy its gig-labor management partner

    The purchase of the partner behind the retailer’s Spark Driver platform comes at a time when Walmart is quickly growing its last-mile and omnichannel capabilities.

    By Updated Aug. 19, 2022
  • Exterior shot of a Target store with a closeup on the Target logo.
    Image attribution tooltip
    Daphne Howland/Grocery Dive

    Target takes 87% hit to operating profit as it resets inventory

    The retailer has worked to clear out inventory facing sluggish demand as consumers grapple with inflation. Was it a speed bump, or a sign of poor planning?

    By Ben Unglesbee • Aug. 17, 2022
  • Walmart redesigned store experience in grocery.
    Image attribution tooltip
    Courtesy of Walmart

    Grocery boosts Walmart sales, but profits fall on inflation in Q2

    The retailer’s 6.5% U.S. comp sales increase was driven by market share gains in food categories, “strong” private label sales and higher-than-average tickets.

    By , Ben Unglesbee • Aug. 16, 2022
  • Lucky California
    Image attribution tooltip
    Courtesy of The Save Mart Companies

    Save Mart launches video game-focused rewards program

    The grocer’s new Gamer Rewards Program offers shoppers a $10 credit toward video games for every $15 spent on products from a variety of national brands.

    By Aug. 16, 2022
  • Grocery Outlet
    Image attribution tooltip
    Jessica Dumont/Grocery Dive

    Inflation, at-home eating lift Grocery Outlet’s Q2 comp sales

    The discounter saw comparable store sales increase 11.2% year-over-year and net sales jump 15.7% to $897.7 million.

    By Aug. 10, 2022
  • Sprouts Farmers Market
    Image attribution tooltip
    Courtesy of Sprouts Farmers Market

    Sprouts looks to reignite store growth as quarterly sales increase

    The specialty grocer’s comps grew 2% and store traffic increased in the second quarter, but analysts remain wary of its ability to stand out from the competition.

    By Aug. 4, 2022
  • Supermarket exterior
    Image attribution tooltip
    Courtesy of Save A Lot

    Save A Lot ownership group lands $13.5M grant to improve Chicago stores

    Yellow Banana plans to remodel five supermarkets and reopen a closed location in the Midwestern city through the project, which is intended to boost access to groceries for people in underserved neighborhoods.

    By July 21, 2022
  • DoorDash delivery partnership with Loblaw
    Image attribution tooltip
    Courtesy of DoorDash

    DoorDash kicks off dark store-powered rapid delivery as a service

    A new 30-minute delivery partnership with Canadian grocer Loblaw marks the first time the e-commerce provider will run fulfillment centers for a retailer.

    By June 23, 2022
  • Exterior of Family Fare grocery store
    Image attribution tooltip
    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 June 15, 2022
  • Cardenas Markets
    Image attribution tooltip
    Retrieved from Cardenas Markets.

    Apollo to acquire Cardenas Markets

    The private equity firm will combine the chain with Tony’s Fresh Market to create a nearly 80-store ethnic and Hispanic-focused grocer.

    By , June 13, 2022
  • Cardenas Markets
    Image attribution tooltip
    Retrieved from Cardenas Markets.

    Cardenas Markets expanding SoCal footprint with 6-store acquisition

    The Hispanic chain, which operates more than 50 locations in three states, is beefing up its footprint east of Los Angeles. 

    By June 10, 2022
  • The Sifter app on a smartphone next to a basket of groceries.
    Image attribution tooltip
    Courtesy of Sifter

    Peapod founders' Sifter rakes in $5M seed funding

    The platform will use the financing to speed the growth of its Nutrition as a Service platform.

    By May 27, 2022
  • Ocado
    Image attribution tooltip
    Courtesy of Ocado

    Ocado buys robotics startup as it looks to speed up delivery prep

    The U.K.-based online grocery order-fulfillment company plans to pay 10.2 million euros ($10.9 million) to take over Myrmex, an automation specialist in which it initially invested in 2020.

    By May 24, 2022