Corporate Operations: Page 238
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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 -
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 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
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 -
J.M. Smucker profit falls on lower coffee and pet food sales
The maker of syrups, peanut butter and its namesake jellies said it would cut $100 million more in costs, bringing its total to $450 million by its fiscal year 2020.
By Christopher Doering • June 8, 2017 -
USDA
JBS: Stake in Pilgrim's Pride is not for sale
The embattled Brazilian meat giant owns a 78.5% stake in the U.S. poultry company and says it is an important part of its international portfolio.
By Megan Poinski • June 8, 2017 -
Amazon lowers Prime subscription rate for SNAP users
The move by the online giant to drop its membership rate to $5.99 a month for shoppers on government assistance takes aim at discount retailers like Walmart.
By Sandy Skrovan • June 8, 2017 -
Publix to offer same-day grocery delivery from all stores by 2020
The southeastern grocery chain is partnering with Instacart, which began serving the supermarket's test markets last July.
By Jeff Wells • June 8, 2017 -
Kroger gets its Queen City crown with a sought-after downtown Cincinnati store
The 45,000-square-foot location, part of a $90 million mixed-use development project, will open in summer 2019.
By Jeff Wells • June 7, 2017 -
Jack Daniel's parent Brown-Forman's posts drop in Q4 sales and profits
The spirits giant said earnings fell $378 million from a year ago, but the company is optimistic its investments will pay off in its fiscal year 2018.
By Emma Liem Beckett • June 7, 2017 -
ECRM acquires tech startup RangeMe
The deal extends the marketing company's solutions to help grocers scale new CPG product discovery by enabling offline and online connections between retailers and manufacturers.
By Sandy Skrovan • June 7, 2017 -
Fishpeople raises $12M to grow its sustainable seafood business
The company buys abundant fish and sells it at grocery stores with information on each package including the captain who caught it and where it came from.
By Megan Poinski • June 7, 2017 -
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 -
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
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