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SN Top 10: Amazon, Trader Joe’s, CVS top the week’s headlines
The stories this week you couldn’t get enough of
August 7, 2023
10 Slides
In this week’s recap of the Top 10 most popular Supermarket News articles, Amazon makes biggest grocery pivot since Whole Foods ranked as the week’s top story. Amazon’s $13.7 billion acquisition of Whole Foods Market in 2017, is still the highest dollar amount the ecommerce giant has ever paid for an acquisition. And while many were unsure of its success up front, Amazon too has struggled with its strategy in the grocery space — marked by multiple pauses and store closings to rethink.
Among other stories in this week’s gallery:
Trader Joe’s recalls three products in one week
What you think about: Kroger
Private label wine is turning into big business for grocery
Take a look inside Food Lion’s latest remodel of 47 stores
In other news, the global retail industry has suffered a projected $1.77 trillion in losses, even despite billions in improvements, according to a new study, which also found that the rapid growth of theft and organized retail crime has overshadowed systems and process gains in the U.S. and Canada.
Fresh foods flourish as grocery shoppers continue to shift spending
CVS to lay off 5,000 workers
SN product watch: Sprite flavored Tic Tacs
Rite Aid’s chief digital and technology officer steps down
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