Jon Springer

Jon
Springer
Retail/Whole Health Editor
Articles
Ahold-Delhaize combo in 'final stages' 4

Ahold said Tuesday that it was in the "final stages of negotiations" on a potential merger with Delhaize Group, but stressed that no agreements have yet been reached.

Sudden closure for D'Agostino store: Report

A sudden closure of a Rye Brook, N.Y., D'Agostino store has raised new concerns about the financial health of the family-owned retailer.

Instacart moves to hire in-store pickers

Grocery delivery service Instacart on Monday said it has begun to give its store pickers the option to convert from contractor to employee status, saying trained and supervised employees would provide additional quality and efficiency.

A&P acknowledges strategic options 18
A&P on Wednesday issued a statement acknowledging it is currently seeking strategic alternatives for its business, but said a sale of company assets was only one of its options.
Unions: A&P for sale 19
Labor unions representing workers at A&P and its banner companies on Monday said they had confirmed that the retailer is actively seeking buyers and has received interest from several potential purchasers.
CVS to buy Target pharmacies for $1.9B 2

Target Corp. said Monday it has agreed to sell its pharmacy business to CVS Health, which would rebrand and operate Target’s 1,660 in-store pharmacies under the CVS/pharmacy banner.

Lidl confirms U.S. expansion 12
German retailer Lidl on Friday formally announced it has established a U.S. headquarters and distribution facility, pledging to create "a unique experience for American consumers that will be unlike anything else in the market."
Whole Foods CEO: 365 will bolster strength in crowded field 4
Whole Foods envisions its nascent ‘365’ concept as a means to bolster its market offering of healthy foods with the expectation that demand for them — and competition for their sales — will continue to grow, co-CEO Walter Robb said Thursday during an investor conference.
Aldi to open 45 stores in California in 2016 2

Aldi on Thursday revealed details for its forthcoming invasion of Southern California, saying its first stores there would open in March of next year, with 45 openings planned by the end of the year.

Whole Foods reveals '365' small-store banner
Whole Foods Market on Thursday revealed a name for its forthcoming small-store concept — 365 by Whole Foods Market — and said the new division would be led by Jeff Turnas, who most recently led the retailer’s stores in the United Kingdom.
Walmart to 'step up' hot food in new Neighborhood Market

Wal-Mart Stores on Wednesday is expected to open a new Neighborhood Market store near its Bentonville, Ark., headquarters reflecting “a step up” in the presentation and offering of fresh foods, officials told SN.

UNFI to independents: Get fresher

Competition from supermarkets and other retail channels seeking a share of growth in the natural foods business is pressuring sales and profits for United Natural Foods and its retail customers, the distributor said while reviewing third quarter earnings Monday.

Analyst: Competition slowing growth for natural/organic retailers 1

Decreased consumer demand for discretionary purchases combined with stepped-up competition from the conventional channel is leading to weaker results for natural and organic food retailers, a financial analyst said in a report Monday.

Wegmans gets Tysons Corner site for new store 1

Wegmans Food Markets has reached a preliminary agreement to bring a supermarket to Capital One’s expanding corporate headquarters site in Tysons Corner, Va., a spokeswoman for the bank told SN Monday.

McMillon: Investments ‘a turning point’ for Walmart 1
Walmart CEO Doug McMillon on Friday urged employees to be “obsessed with serving customers” while pledging to act with “urgency and determination” to carry out its mission behind investments in people and technology.
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