Jon Springer

Jon
Springer
Retail/Whole Health Editor
Articles
New loan agreement primes Save-A-Lot spinoff
In another step toward spinning off its discount Save-A-Lot division, Supervalu said Monday that it has amended its term loan agreements.
Sprouts sees potential in mobile app 

Sprouts Farmers Market is looking to a newly launched mobile application to provide "one-on-one" insight into its shoppers.

Walmart moving faster on price investments 
Walmart plans to initiate its next phase of U.S. price investments earlier than planned, Doug McMillon, president and CEO, told investors Thursday.
Supermarket 'basket bandits' dominate online trips 
The largest online threat to supermarkets is not coming from direct competitors like Peapod or Fresh Direct, but from "basket bandits" like Amazon that capture some but not all of a supermarket's business, creating an ongoing stream of sales leakage, according to a report to be released Tuesday from Brick Meets Click.
Tom Thumb to build Fort Worth urban format 
Albertsons Cos.' Tom Thumb banner will build what it is calling its first urban format to anchor a high-profile new development to be built in downtown Fort Worth, Texas.
Piggly Wiggly Midwest acquires Caputo stores 
Piggly Wiggly Midwest was the winning bidder for three Chicago-area Joe Caputo & Sons IGA stores that were auctioned on Thursday.
Albertsons posts sales growth in 4Q, year  1
Effective sales-driving efforts, and improved economy and consumer confidence helped Albertsons Co. post strong identical-store sales gains in the fourth quarter and fiscal year, the retailer said in an amendment to a stock prospectus filed with federal securities regulators Thursday.
Wegmans to roll out digital coupon program  1

Wegmans Food Markets will be rolling out digital coupons for its Shoppers Club loyalty members this year, the retailer said.

Natural Grocers, 'eco hip-hop' artist to promote nutrition for Millennials 

Natural Grocers by Vitamin Cottage is going O.G. — as in "organic gardener" — in partnership with "eco hip-hop" artist DJ Cavem Moetavation and vegan chef Alkemia Earth.

Gallery: Tumultuous 10th birthday for Brooklyn Fairway 
Fairway Market's Red Hook store in Brooklyn has dealt with disasters both natural and man-made, but still retains its flair.
Analyst: Mass channel potential boon for UNFI  1

As mass retailers Target and Walmart look to further participate in the natural and organic foods trend, they represent the potential for more than a half a billion in new sales for supplier United Natural Foods, an analyst said Tuesday.

Workers to deliver petition to Giant HQ 

Union workers and local officials in Maryland and Virginia said this week that they would deliver signed petitions to Giant Food's Landover, Md. headquarters on Wednesday, urging that the retailer divest stores to operators that would honor existing labor contracts.

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 1
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.
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