Inside This Issue - News
Walmart, which is striving to give its sales in the United States a boost, has made a number of executive changes in its merchandising division.
Dollar General Corp. said Rick Dreiling will retire as chief executive officer effective May 30, 2015, or upon appointment of a successor. He has agreed to continue as chairman for a transitional period after a new CEO has been found, the company stated on June 27.
The Delhaize Group has appointed Kevin Holt, the former president of retail operations at Supervalu Inc., as chief executive officer for Delhaize America Inc.
Rite Aid Corp. continues to stretch its horizons, showcasing innovation at its latest wellness store and expanding its collaborative care program.
Billionaire investor Carl Icahn, who last month demanded that Family Dollar Stores Inc. "be put up for sale immediately," has exercised call options to take ownership of the shares underlying his 9.4% stake in the Matthews, N.C.-based discount retailer.
Instacart Inc., an online grocery delivery service, has entered greater Atlanta. Shoppers in the market can now order groceries from a Kroger Co. or a Costco Wholesale Corp. store and have them delivered in an hour for $5.99 on orders above $35, the company says.
Meijer Inc. has broken ground on a second supercenter in Detroit, at the site of the former Redford High School on the city’s west side. Construction is expected to take about a year.
The circular or the app? The question goes to the heart of how grocers manage the enterprise, said Leslie Sarasin, Food Marketing Institute president and chief executive officer, in her keynote address at the recent FMI Connect annual convention.
At Hy-Vee Inc., the food retailing business is expanding to meet the needs of an aging, insured population.