Corporate Operations: Page 183


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    Wikimedia Commons
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    Mexico's Grupo Comercial Chedraui will acquire Fiesta Mart

    The deal effectively doubles the number of stores under the company's Bodega Latina unit and creates one of the largest Hispanic grocery chains in the U.S. — possibly worth $3 billion in annual revenue.

    By Jeff Wells • March 26, 2018
  • Whole Foods lays off marketing staff as centralization efforts continue

    The elimination of store-level graphic designers and certain regional employees follows the departure of more than a dozen executives due to cultural differences.

    By Jeff Wells • March 26, 2018
  • 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
  • BrightFarms building $17M hydroponic greenhouse in Texas

    The company plans to have fresh, pesticide-free and non-GMO greens and herbs grown at its new 180,000-square-foot facility available at local retailers by early next year.

    By Cathy Siegner • March 23, 2018
  • Taco Bell's new rollout adds flavor to the retail chip aisle

    The partnership between quick-service restaurant products and retail has grown increasingly popular, with Arby's and Bob Evans among the companies infiltrating the grocery store aisle.

    By Alicia Kelso • March 23, 2018
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    Fotolia
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    Online grocery shoppers haven't developed loyalty to one site, study says

    Opportunities exist for companies to attract new customers in e-commerce, with many people yet to try it and those that do purchasing from multiple retailers.

    By Dan Alaimo • March 23, 2018
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    Wikimedia Commons
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    Blackwells Capital launches proxy fight against Supervalu with board nominations

    The activist investor, which owns a 4.9% stake in Supervalu, announced six nominees for the retailer/wholesaler's board elections this summer, including former CEOs at Food Lion and Marsh Supermarkets.

    By Dan Alaimo • March 23, 2018
  • Report: Whole Foods stores to fill online orders for top Amazon products

    The company is scouting larger locations and wants to repurpose space in existing ones to hold electronics, apparel and other popular products for quick delivery through Prime Now.

    By Jeff Wells • March 23, 2018
  • CEO: Earth Fare's AI-powered circular 'helps us understand what [shoppers] want and when they want it'

    Frank Scorpintini said the grocer’s weekly Smart Flyer has boosted sales and freed up employees to focus on other priorities.

    By Jeff Wells • March 22, 2018
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    Getty Images
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    Amazon reportedly pressuring suppliers as price war escalates

    Customers will also find it more difficult to buy small numbers of tiny items like toothbrushes that are expensive to ship relative to their size, Bloomberg reports.

    By Daphne Howland • March 22, 2018
  • Conagra boosts outlook despite higher ingredient and shipping costs

    Sean Connolly, the company's CEO, said the Chicago firm continues to invest in its brands and enhance distribution even as outside challenges are "pressuring near-term margins."

    By Cathy Siegner • March 22, 2018
  • HelloFresh revenue jumps and aims to breakeven in Q4 2018

    During its second earnings call since going public last year, the meal kit company said it posted a 106% increase in active customers and a 119% surge in U.S. orders.

    By Alicia Kelso • March 22, 2018
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    Shipt
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    Shipt partnership expands delivery options for Weis, Price Chopper and others

    By working with digital company Mercatus, the delivery provider will serve hundreds more stores in its first significant retail expansion since Target bought it in December.

    By Jeff Wells • March 21, 2018
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    Wikimedia Commons
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    Albertsons brings the fight to Amazon with small brands marketplace

    The e-commerce platform, which will ship food and wellness products direct to consumers, will focus on the kinds of items that are being pushed off of Whole Foods' shelves.

    By Jeff Wells • March 21, 2018
  • Can HelloFresh's acquisition of Green Chef help it win the category?

    The German meal kit company's takeover adds more organic, vegan, paleo and keto menus to its portfolio.

    By Dan Alaimo • March 21, 2018
  • eMeals working with Better Homes & Gardens publisher on recipes, meal planning app

    CEO Forrest Collier told Food Dive the partnership allows his firm to leverage its digital platform with content provided by the owner of Allrecipes and EatingWell.

    By Cathy Siegner • March 21, 2018
  • Convenience and premium varieties jolt coffee consumption to multi-year peak

    As daily demand for the beverage rises to its highest level since 2012, companies like Nestle and J.M. Smucker have introduced new upscale products and acquired brands. 

    By Cathy Siegner • March 21, 2018
  • Different varieties of Cheerios on a grocery store shelf.
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    Christopher Doering/Food Dive
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    General Mills slashes outlook as higher shipping and food costs hit cereal maker

    Yogurt and cereal sales continue to weigh on its overall profit picture even as the company as a whole posted a 2% gain in sales during the third quarter.

    By Cathy Siegner • March 21, 2018
  • Deep Dive

    Q&A: How Kodiak Cakes topped Aunt Jemima as Target's top-selling pancake mix

    CEO Joel Clark and COO Cameron Smith talk about the inspiration for their protein-rich products, the company's "Shark Tank" stint and their strategy for building the family-owned company into a billion-dollar brand.

    By Cathy Siegner • March 20, 2018
  • Target testing alternative loyalty program

    The retailer, which shares a core customer base with Amazon's Prime program, is hoping the new tier could be a ramp to its full Redcard membership.

    By Daphne Howland • March 20, 2018
  • Hy-Vee restaurant hurting local eateries near Iowa HQ

    The Des Moines location has surpassed the company's initial expectations with its ethnic food offerings, juice bar and beer growler filling station.

    By Cathy Siegner • March 20, 2018
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    Symrise
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    Survey: Millennials are the most likely to prefer 'ethical' snacks

    U.S. consumers aged 18 to 34 are more concerned than other generations about issues such as sustainable farming, fair trade and zero waste in the products they consume.

    By Cathy Siegner • March 19, 2018
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    USDA
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    Report: Amazon, Supervalu among retailers falling short in pesticide-reduction measures

    Whole Foods earned an "A" and Amazon received an "F" in the second scorecard from environmental group Friends of the Earth.

    By Cathy Siegner • March 19, 2018
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    Lidl goes for the wallet in new ad campaign aimed at grocery competitors

    The German discounter's new TV spot pokes fun at conventional supermarket executives, which it depicts as wealthy, out-of-touch and determined to waste consumers' money. 

    By Cathy Siegner • March 19, 2018
  • Southeastern Grocers is filing for bankruptcy

    The struggling company will shutter 94 stores across its various banners and keep another 582 locations open.

    By Jeff Wells • March 16, 2018
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    Retrieved from Amazon on October 25, 2017
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    Almost 70% unwilling to use Amazon Key in-home delivery

    A study found the program, which allows couriers access into homes, is not trusted by a vast majority of consumers.

    By Dan Alaimo • March 16, 2018