Corporate Operations: Page 227
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Lidl to feature exclusive fashion line from Heidi Klum
The retailer will roll out the “high-end, yet affordable” collection across its U.S. and European stores later this year.
By Jeff Wells • June 7, 2017 -
Algorithm-designed Nutella jars cause marketing buzz and buying frenzy
The calculations helped the sweets maker create 7 million different packaging designs for its chocolate spreads that flew off store shelves in less than a month.
By Sandy Skrovan • June 7, 2017 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Dollar General encouraged by early sales of produce in remodeled stores
The CEO of the discount retailer said store remodels with produce had comp store sales 300% higher than other updated outlets.
By Jeff Wells • June 7, 2017 -
Report: Food retailers' future success demands digital investment
As grocers start to get digital, many of them are concentrating on app building and mobile-friendly sites for online promotions.
By Sandy Skrovan • June 6, 2017 -
Jewel-Osco remodels checkout lanes with help from candy supplier
After a failed redesign of its checkout lanes, Mars showed the Chicago-area retailer how to capture more impulse sales.
By Jeff Wells • June 6, 2017 -
Shipt raises $40M in funding, looks to double its reach during the next year
With the new capital, the online ordering and delivery service plans to increase the number of metro areas it serves from 47 to 100.
By Jeff Wells • June 6, 2017 -
In East Coast grocery battle, traditional players are losing share to new arrivals
North Carolina has seen Food Lion, Walmart and Kroger lose sales to Publix, Costco and other newcomers to the state.
By Jeff Wells • June 6, 2017 -
Supervalu CEO says Marsh's bankruptcy is a growth opportunity
Mark Gross, who oversees the grocer and wholesale distributor, said he hopes to continue supplying three quarters of Marsh’s stores once they're sold.
By Jeff Wells • June 6, 2017 -
Former StarKist exec charged with price fixing
After guilty pleas in similar cases by tuna producer Bumble Bee, this new accusation expands on the reported conspiracy between companies to keep prices high.
By Megan Poinski • June 6, 2017 -
Seattle becomes latest city to pass tax on soda and other sugary beverages
The measure, which follows similar action in Philadelphia, San Francisco and Oakland, is expected to generate $15 million per year for local nutrition programs.
By Emma Liem Beckett • June 6, 2017 -
Meijer thinks small with a new urban concept store
The 30,000-square-foot Bridge Street Market will begin construction in downtown Grand Rapids this summer and open in fall 2018.
By Jeff Wells • June 5, 2017 -
Meijer's charitable outreach goes digital with new campaign
The Midwestern retailer identified sponsored products in its Produce For Kids initiative through its online shopping and digital coupon platforms.
By Keith Loria • June 5, 2017 -
Is Walmart's new delivery initiative a bad deal for workers?
Labor experts warn the system, which pays employees to deliver products on their way home from work, could be ripe for abuse.
By Jeff Wells • June 5, 2017 -
Judge resurrects lawsuit accusing Whole Foods of overcharging NYC customers
The decision to overturn a lower-court ruling could open the natural foods grocer up to a potential class-action lawsuit.
By Christopher Doering • June 5, 2017 -
Walmart testing 24-hour automated pickup kiosk for groceries
Located adjacent to a store in Oklahoma City, the kiosk can hold up to 30,000 products, including refrigerated and frozen items.
By Jeff Wells • June 5, 2017 -
Study: VC funding goes to plant-based proteins and enhanced drinks
Marketing firm CB Insights found the top 15 venture capital-funded startups together raised almost $1.5 billion.
By Megan Poinski • June 5, 2017 -
Oreo sweetens innovation with limited-edition Jelly Donut variety
The new flavor, available exclusively at Walmart, is the latest example of Mondelez's efforts to engage loyal consumers and lure new ones to its cookie.
By Keith Loria • June 5, 2017 -
Report: Pinnacle and Conagra end merger discussions
CNBC reported the two companies were unable to agree on a price, with Pinnacle wanting more than what Conagra was willing to pay.
By Jeff Wells , Christopher Doering • June 2, 2017 -
Wal-Mart store workers now delivering packages
The brick-and-mortar giant is leveraging stores and making the task voluntary for workers to make more money.
By Daphne Howland • June 2, 2017 -
Wal-Mart's blockchain traceability project shows promise for food safety
The new system reveals a product’s journey to the shelf in a matter of seconds rather than days.
By Jeff Wells • June 2, 2017 -
Hershey leverages AI to make the perfect Twizzler
The promise of artificial intelligence and machine learning is starting to bear fruit in a number of industries.
By Keith Loria • June 2, 2017 -
Kroger initiates sweeping price cuts in key Ohio division
The reduction in prices for produce as well as national and private-label store brands are a response to intensifying competition.
By Jeff Wells • June 2, 2017 -
Report: Philadelphia soda tax not bringing in as much money as expected
The figures put the city $20 million behind its goal of raising $46 million in fees during fiscal 2017 with two months to go.
By Keith Loria • June 2, 2017 -
Albertsons expands reach into pharmacy services with latest deal
The grocery giant's purchase of MedCart Specialty Pharmacy for an undisclosed amount is the latest move by supermarkets into the healthcare space.
By Keith Loria • June 2, 2017 -
Meal-kit startup Blue Apron files for IPO
The company said it faces a number of risks, such as changes in consumer tastes, and warned it may never make a profit.
By Christopher Doering • June 2, 2017