Corporate Operations: Page 243
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Wegmans enters the same-day grocery delivery fray with Instacart
The deal marks the first time the popular grocer is offering the service for online shoppers and using a private firm rather than an in-house service.
By Sandy Skrovan • June 15, 2017 -
Retrieved from Amazon on March 28, 2017
New job post signals Amazon Go is a go
The internet giant is looking to hire a top-level real estate manager for its retail concept, a sign a broader launch could be near.
By Dan O'Shea • June 14, 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 -
Deliv joins same-day delivery space for alcohol
The expansion into beer, wine and spirits comes a month after the company entered the grocery and meal kit business.
By Christopher Doering • June 14, 2017 -
Deep Dive
What's ahead for grocery M&A in 2017?
Analysts expect the year to get more active, but more deals could involve smaller retailers.
By Keith Loria • June 14, 2017 -
Kroger and Fresh Encounter bid $24M for 26 Marsh locations
If the Indianapolis sales are approved by a bankruptcy court, the troubled regional grocer still has 18 locations up for grabs.
By Megan Poinski • June 14, 2017 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse Foods names transformation expert as new COO
The private label food company has tapped Robert Aiken, Jr. to push its corporate realignment and cost-cutting efforts.
By Sandy Skrovan • June 14, 2017 -
As Lidl opens its US stores, discounter reveals look at its pricing strategy
The retailer's first ad circular includes everything from fair trade chocolate to a solar-powered cell phone charger.
By Jeff Wells • June 14, 2017 -
Deep Dive
'This is the Wild West': Inside Peapod's ambitious plan to defeat its online grocery rivals
The only player to survive the dotcom crash now faces a fresh wave of deep-pocketed challengers, including Instacart and AmazonFresh.
By Christopher Doering • June 13, 2017 -
Analyst: Lidl could steal $1B worth of business from Mid-Atlantic grocers
Two-thirds of consumers surveyed by management consulting firm Oliver Wyman say they will “very likely” try shopping at the discounter once stores open.
By Jeff Wells • June 13, 2017 -
Smirnoff mocks Trump's Russia scandals in new ad
The campaign features an image of the vodka brand's bottle with the text: "Made in America. But we'd be happy to talk about our ties to Russia under oath."
By Emma Liem Beckett • June 13, 2017 -
Grocery CEOs take pay cut as industry continues to struggle
While trimming pay to executives makes sense, supermarkets may need to increase incentives to attract talent in areas such as IT and online/digital.
By Sandy Skrovan • June 13, 2017 -
Jet.com will remove Costco's Kirkland-branded products from its site
More than a year after Walmart acquired the online shopping site, the retailer decided to phase out its rival's private label brand.
By Jeff Wells • June 13, 2017 -
Instacart to offer same-day delivery at some Boston Stop & Shop stores
The partnership will complement existing services being offered by rival Peapod, which is owned by Ahold Delhaize.
By Christopher Doering • June 13, 2017 -
Aldi announces $3.4B store expansion plan
After beginning a chainwide renovation earlier this year, the hard discounter also plans to expand to 2,500 stores by 2022, making it the third-largest grocer in the U.S.
By Jeff Wells • June 12, 2017 -
Sovos Brands buys premium Italian food maker
The purchase of Rao's Specialty Foods is the second investment by the new company that targets niche brands in trending categories.
By Emma Liem Beckett • June 12, 2017 -
Hy-Vee's Twin City offensive underscores difficulties for established grocers
The Midwestern chain, which moved into the area two years ago, is quickly taking share from Cub Foods, Target and other retailers.
By Jeff Wells • June 12, 2017 -
Craft breweries balk after AB InBev takes stake in RateBeer website
The network publishes reviews and stories about the popular beverage, which some feel could be unfairly influenced following the investment by the beer giant.
By Christopher Doering • June 12, 2017 -
Meal-planning service could turn online grocery into meal kit provider
Dinner Daily, which just expanded nationwide, uses software to create meal plans using a shoppers' preferred supermarkets.
By Jeff Wells • June 12, 2017 -
Bashas' launches rebranded e-commerce site for Phoenix stores
The Arizona retailer partnered with Instacart on a “white label” site after seeing 13% weekly sales growth since it began testing the service in March.
By Jeff Wells • June 12, 2017 -
Post partners with Nabisco to create Honey Maid S'mores Cereal
The latest product developed by the two companies follows the reintroduction of Oreo O's after a 10-year absence from the market.
By Christopher Doering • June 9, 2017 -
Hampton Creek fires 3 execs, accusing them of plotting corporate coup
Following an internal investigation, leadership determined employees were trying to take control of the company from the CEO and give it to investors.
By Megan Poinski • June 9, 2017 -
Increasing demand for organic produce could pressure grocers
There are concerns about tight supplies and price hikes as more retailers carry the products to meet growing consumer interest.
By Sandy Skrovan • June 9, 2017 -
Weis seeks to improve its marketing and promotions with digital platform
The regional grocer has invested in a system that will help it better understand deals it offers to consumers and forecast their impact on the chain's sales.
By Jeff Wells • June 9, 2017 -
Lawsuits between Dollar Tree and Dollar Express expose problems underlying 2015 deal
The established retailer argues that Sycamore Partners, which bought 330 divested stores and enlisted its help in transitioning them to the new brand, owes the company $50 million in damages.
By Jeff Wells • June 8, 2017 -
Tops sees Q1 sales dip as traffic slows
CEO Frank Curci says the Williamsville, N.Y.-based retailer will increase promotions to bring more customers into stores.
By Jeff Wells • June 8, 2017