A few years back, when I was with Dollar General in the chief merchant’s seat, Fortune saw us as “a crafty mix of 7-Eleven-like convenience and Walmart-like low prices.” Yeah, but that description doesn’t begin to do justice to the strong value-and-convenience proposition of the value channel — a proposition that’s put Dollar General and
A little while back, a report from FMI – The Food Industry Association caught my eye. It provided some pretty compelling data on how hybrid grocery shopping is completely transforming the food retail landscape. Maybe you saw it, too? FMI noted that seven years ago only 7% of surveyed shoppers reported ordering groceries online within
The grocery retailing industry was already undergoing a slow transformation when the COVID-19 pandemic hit. Although only 3% to 4% of U.S. grocery sales were online in 2019, retailers had been investing heavily in e-commerce capabilities for a few years. As online grocery offerings increased, shoppers started ordering groceries online and choosing between curbside pickup
NEW YORK — The pandemic allowed grocery retailers to stem the multiyear trend that had them losing share of consumer spending on food to restaurants and other prepared-food purveyors. And though Americans are again consuming more meals away from home, there’s reason to be optimistic that grocers can maintain some of the market-share gains as
MENOMONEE FALLS, Wis. – Kohl’s is deepening its two-year-old relationship with Amazon to drive traffic to its stores. The family-oriented department store operator is leasing vacated space in one of its locations for an Amazon grocery store, according to the Milwaukee Business Journal, which reports that Amazon will occupy roughly 40% of an 88,000-square-foot Kohl’s
SEATTLE — Amazon is leveraging its large base of Prime members to seize a bigger share of the U.S. grocery market. The company this month announced plans to make free grocery delivery a benefit of Prime membership. Members in more than 20 major metro areas can get free two-hour grocery delivery after the company eliminated
MINNEAPOLIS — Target Corp. on Monday announced the appointment of Jeff Burt as senior vice president, grocery, fresh food and beverage. Burt joins Target from Kroger Co., where he most recently served as president of the Fred Meyer division. He will assume his new post effective April 10. In this role, Burt will be charged
GREEN BAY, Wis. — Shopko recently expanded the grocery departments of 127 stores nationwide to offer a larger selection of food and beverage products, the company announced on Tuesday. Of those stores, 17 include cooler and freezer sections. The company said the move is part of an ongoing effort to meet the needs of the local
MINNEAPOLIS — Target Corp. is set to start remodeling 30 of its stores in the Dallas-Fort Worth area to reflect changes in the retailer’s new grocery strategy. Dallas is the only market that’s getting a major grocery overhaul for now, the Dallas Morning News reported last month. The changes, which include new lighting, fixtures and