Supermarket operators need to join the digital conversation immediately “because it’s happening whether you’re there or not,” Bill Bishop told the 2014 Executive Forum sponsored by Portland State University.
When Safeway unveiled its agreement in March to be acquired by Cerberus Capital Management — the parent of the Albertsons chain and other banners — the companies said there were no planned store closures as a result of the deal.
A Whole Foods Market executive reiterated the chain’s position Tuesday that it will not stock any products after 2018 that are not labeled as either containing or not containing genetically-modified organisms.
Northgate Gonzalez Market, a Hispanic-owned chain that caters primarily to a Hispanic clientele in Southern California, is trying to broaden its appeal to non-Hispanics without losing sight of its primary positioning.
Trust among a company’s associates is as important as trust among its customers, Lynn Marmer, group vice president for community affairs for Kroger Co., told an international retail conference in Brazil.
Independent Hispanic grocers are being given the opportunity to gain new insights into their customers’ shopping habits — insights that are also being shared with major CPG companies to help them gear promotions more directly to those shoppers.
Roundy’s Supermarkets said Wednesday it will re-evaluate its corporate strategies and infrastructure once it completes its exit from the Minneapolis market — moves that could involve expanding Mariano’s to markets outside the Chicago area and possible divestitures of some of its core Milwaukee assets.
Shares of Sprouts Farmers Market, The Fresh Market and other specialty grocers tumbled Wednesday following a weaker-than-expected earnings report from Whole Foods Market, which some saw as a sign of increasing competition in the natural and organic space.
Several industry analysts seemed to express skepticism Tuesday about optimistic expectations by Whole Foods Market in the face of increasing competition and lowered guidance for the balance of the fiscal year.