Jon Springer

Jon
Springer
Retail/Whole Health Editor
Articles
Sprouts sinks on cautious outlook 

Sprouts Farmers Markets on Thursday said it met quarterly comps sales guidance and beat earnings estimates on higher margins only to see its stock fall by nearly 7% on a cautious outlook including lower expectations for margins in the current quarter and sales for the fiscal year.

Food Lion, Instacart in delivery deal in Charlotte
Delhaize's Food Lion chain said Thursday that it was piloting a partnership with Internet shopping service Instacart to receive and deliver grocery orders in the Charlotte, N.C. market.
Low inflation tempers 1Q comps at Sprouts 
Sprouts Farmers Markets on Thursday said "near zero inflation" kept comparable store sales near the low end of its expected range — and below more optimistic Wall Street expectations — during the fiscal first quarter.
C&S acquires New England specialty distributor 

In a move it said would broaden product selection and improve service for its customers, C&S Wholesale Grocers on Wednesday said it had signed an agreement to acquire Davidson Specialty Foods, a leading specialty food distributor based in Newington, Conn.

Analysis: Fairway's new owners betting on 'monumental' turnaround 

The lenders-turned-owners of Fairway Markets are betting on a fast-moving, bankruptcy-aided turnaround for the beleaguered New York icon — and hoping to avoid the fate of the last area grocer to go Chapter 11.

Winn-Dixie switches banner to Harveys in low-cost format test 
In a move officials hope can provide an appropriate format for conventional stores serving lower-income neighborhoods, Southeastern Grocers this morning is putting a new face on a conventional Winn-Dixie store.
Fairway files 'prepackaged' Chapter 11 6
The parent company of iconic New York grocery chain Fairway Market has filed a "prepackaged" Chapter 11 bankruptcy restructuring Tuesday whereby lenders have agreed to exchange existing debt for new equity and debt in a reorganized company.
Walmart seeking tech pitches 
Wal-Mart Stores is inviting tech entrepreneurs to present their ideas and inventions for possible application in the retailer's stores, warehouses and back office operations.
Cha-Ching! Food Lion to finalize value brand launch 

Food Lion stores are close to completing a repositioning of its entry and mid-tier private brands, including a new entry price point brand known as Cha-Ching, company officials told SN.

The New Consumer: What women want in food 
New survey reveals maturity of the ‘pure foods’ trend — and its chaotic impact at retail
Online grocer Relay Foods slashes delivery fees 

Virginia-based online retailer Relay Foods said this week it has slashed prices for its monthly home delivery subscription by 36% and expanded distribution schedules in all of its markets.

Delhaize: Sales grow at Hannaford, Food Lion in Q1
Delhaize Group said Wednesday that sales momentum at its Food Lion and Hannaford brands continued in the fiscal first quarter, with both U.S. brands posting comp growth despite price deflation and effects of an Easter calendar shift.
Claus: 5 ways Save-A-Lot will become 'America's Choice'  5
In his first public address since being named CEO of Supervalu's Save-A-Lot division in December, Eric Claus on Tuesday detailed five initiatives designed to boost sales and broaden the appeal of the limited assortment discounter.
Walmart's phasing out 'Price First' in private label revamp 
Wild Oats isn't the only brand disappearing from the shelves at Wal-Mart Stores. Price First is too.
Sprouts: Former CEO not 'independent' director 

Sprouts Farmers Markets has informed federal securities regulators that a member of its board of directors, Shon Boney, should not be identified as an independent director in accordance with Nasdaq regulations.

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