Jon Springer

Jon
Springer
Retail/Whole Health Editor
Articles
FreshDirect to expand behind $189M investment 
Internet food retailer FreshDirect on Monday said it is eyeing new geographic markets and an expansion of its on-demand FoodKick brand after closing on a new investment of $189 million led by J.P. Morgan Asset Management.
Kroger responding to Walmart in Atlanta: Analyst 

Led by more aggressive positioning at Kroger, supermarket prices in the Atlanta market are down by 3.8% since July, according to a basket study by Wolfe Research released Friday. "Our trip to Atlanta this week suggested that the competitive climate in the market just got more aggressive and, for the first time, was led by Kroger," analyst Scott Mushkin said in a research note to clients.

Walmart-Jet.com could 'own' online pricing, sources say 3
The marriage of Wal-Mart Stores and Jet.com represents an opportunity to establish the biggest — and arguably the first — truly price-focused brand in the virtual shopping world, observers said.
Walmart pays out $200M in hourly worker bonuses  2
Wal-Mart Stores said Wednesday that 99% of its U.S. Supercenters and Neighborhood Markets stores met performance and customer service goals in the second quarter, resulting in more than $200 million in cash bonuses for more than 900,000 hourly associates at those stores.
Analysis: Bottoms up for discounters as benefits fall away 
While recent data from the USDA and the U.S. Census Bureau are providing signals of an improving economic picture for long-struggling U.S. families, evidence of that has been hard to find among the food retailers that serve them.
Price Chopper opens ground-up Market 32  2
Golub Corp. on Tuesday cut the ribbon on its first “ground up” Market 32 store in Connecticut, giving local residents the opportunity to experience the chain’s contemporary new supermarket concept.
Trader Joe's openings to crowd 365, bfresh 3
Trader Joe's this week announced three new store openings, including two that would encroach on new outlets of similarly positioned small stores from Whole Foods Market and Ahold, and a third opposite a Sprouts Farmers Market store.
Sobeys eyeing discount option for struggling stores 

Sobeys is pondering a rollout of a discount format in Western Canada, as sales challenges at acquired Safeway stores there persisted in the first quarter, officials said late Thursday.

Deflation accelerates in August, led by further declines in protein 

Prices for food at home during August dropped by 1.9%, marking the ninth consecutive month of year-over-year price declines, the Bureau of Labor Statistics reported Friday.

Albertsons to convert 3 acquired Fresh Market sites to Tom Thumb 
Albertsons Cos. said late Wednesday that it has acquired three former Fresh Market stores in the Dallas area and will reopen them under its Tom Thumb banner by year-end.
As Southeast competition perks up, Publix adds Starbucks 
Publix Super Markets will be testing Starbucks cafes in select stores in an effort to enhance its shopping experience, a spokeswoman told SN Thursday.
Analyst: Scale back on e-commerce and marketing to Millennials  6
Now here’s a switch. Food and consumable retailers should dial back investments in e-commerce and their focus on Millennials in favor of stepping up old-fashioned promotional spending at stores and marketing to households with children.
Brookshire completes Walmart Express conversions 
With three new openings on Tuesday, Brookshire Grocery Co. completed the rebranding of 25 former Walmart Express stores in Texas and Louisiana under the new Spring Market banner.
Weis begins Food Lion conversions  1

Weis Markets will reopen the first five of its 38 recently acquired Food Lion stores in under the Weis Markets banner this week as part of a plan to rebanner all of the locations by the end of next month.

UNFI engages in conventional warfare 

United Natural Foods’ response to encroachment on its core center store distribution business has begun to bear fruit — fresh fruit, to be precise.

Penton Media Food Group and Related Sites

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