Dollar General on Wednesday announced plans to introduce a new small format store, tentatively branded DGX, which the company described as a kind of convenience store for urban shoppers seeking foods for immediate consumption.
Tops Friendly Markets late Tuesday said net losses deepened in the fiscal third quarter as it incurred increased expenses acquiring and opening several new stores, while same-store sales slipped due to effects of deflation.
Kroger Co. is testing a new go-to-market strategy at select Fred Meyer stores in Spokane, Wash. and Coure d'Alene, Idaho, including a greater emphasis on food, and the introduction this month of a new rewards loyalty program called "My Freddys."
SpartanNash said Friday it has entered into an agreement to purchase produce distributor Caito Foods Service and Caito's Blue Ribbon Transport business in a deal officials said would strengthen Spartan's offering of high-growth items like fresh prepared foods.
The supply issues plaguing Natural Markets Food Group — an issue company officials hoped to have solved by this week — have since worsened, leading some industry observers to conclude vendors fear a Chapter 11.
The dismantling of Whole Foods Markets' co-CEO office announced Wednesday was made in solidarity with the company's recent efforts toward greater efficiency in stores, sources told SN, and while it costs a leader who brought imaginative merchandising flair and a conspicuous concern for Whole Foods' role in society to the front office, the company's determined and visionary co-founder remains.
United Natural Foods on Monday said its president and CEO, Steven L. Spinner, will take over as chairman of the board, succeeding Michael S. Funk following the distributor's annual meeting in December.
Weis Markets on Monday said net income declined by 16.9% in the fiscal third quarter as the retailer absorbed costs associated with the acquisitions of Food Lion and Mars Super Market stores, as well as sales-driving initiatives to offset deflation.
Online grocery is poised for a major boom in 2017 as an increase in "click-and-collect" options from U.S. retailers like Kroger and Walmart facilitate a consumer shift from buying specific items online infrequently to buying large baskets more frequently.