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.
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 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.
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.
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.
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.
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.
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.
Walmart officials said Thursday that they were “delighted” with the performance of its nascent Grocery Pickup facility, but noted it was only one of several fronts under attack in an ongoing global war to win virtual food shopping.