SN Top 10: Publix, Save Mart, Hy-Vee top the week's headlines
April 4, 2022
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In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Publix preparing for a 5‑for-1 stock split. Publix said that its board of directors approved the stock split to be effective at of the close of business on April 14. For each share owned, stockholders will receive four additional shares. Among other stories in this week’s gallery:
The Save Mart Cos. acquired by private equity firm Kingswood Capital
Friends of the Industry marks 20th dinner at FMI Midwinter
Longtime grocery industry leader Bill Bishop passes away
Hy-Vee continues expansion plans with entry into Tennessee
In other news, at the FMI Midwinter Conference in Orlando, Fla., Supermarket News caught up with Tony Sarsam, president and CEO of SpartanNash. In a discussion with SN Senior Editor Russell Redman, Sarsam shed light on performance catalysts in SpartanNash’s grocery distribution and retail businesses, as well as on how its military distribution segment has adapted amid the pandemic. He also gives his take on the extended food-at-home trend and on tailwinds and headwinds in the grocery distribution sector over the coming year.
Other top stories:
Traditional milk is here to stay in supermarkets
Should that worn-out walk-in cooler be repaired or replaced?
As functional beverage sales surge, retailers optimize merchandising
Hawthorne Valley Farm Store creates an oasis in upstate New York