JACKSONVILLE, Fla. — Southeastern Grocers filed for Chapter 11 bankruptcy in Delaware on March 27 to implement a pre-packaged reorganization plan. Earlier in the month, the company announced that it had reached agreement with 80% of its creditors and its private equity sponsor on a prepackaged restructuring that would permit it to operate 582 Winn-Dixie,
DANA POINT, Calif. — The era of “go big or go home” in U.S. grocery retailing is coming to an end as top chains leverage new strategies to cope with change, said Joe McKeska, president of Elkhorn Real Estate Partners, during a presentation at the 2018 International Council of Shopping Centers (ICSC) Open Air Centers
BENTONVILLE, Ark. — Walmart’s Jet.com has named Tesco PLC veteran Simon Belsham president. Belsham will oversee all operations, including the unit’s online grocery and general merchandise business. “With Jet Grocery being an integral part of the strategy, Simon brings incredible experience in scaling grocery delivery and his unique background in converging technology and retail to
WEST DES MOINES, Iowa — Cracking the code is never enough in the retail industry, because the code keeps changing. A&P cracked the code in the late 1800s, and it was the nation’s dominant grocery chain by 1930, but it is gone today. Hy-Vee Inc., founded in 1930 by Charles Hyde and David Vredenburg in
JACKSONVILLE, Fla. — Johnson & Johnson Vision announced ACUVUE OASYS with Transitions Light Intelligent Technology, a first of its kind contact lens that provides wearers with vision correction and a dynamic photochromic filter that helps to continuously balance the amount of light entering the eye. These contact lenses are said to quickly and seamlessly adjust
BENTONVILLE, Ark. — Since Doug McMillon took over as president and chief executive officer of Walmart, the pace of change within the world’s largest retailer has accelerated dramatically. And the pace of transformation is not quick enough for the CEO, who began his career at Walmart as an hourly associate in a distribution center. “It’s
CINCINNATI — Vicks ZzzQuil is introducing new additions to its sleep products including Vicks ZzzQuil PURE Zzzs Melatonin Gummies. This latest introduction to the Vicks ZzzQuil product line-up now gives consumers access to another non-habit forming sleep-aid with an optimal level of melatonin so users can fall asleep naturally and wake with no next day grogginess. Vicks
NEW YORK — Camila Mendes, leading actress and style star, is the newest influencer to join John Frieda Hair Care in their mission to encourage women to express themselves through their hair. The Your Hair Talks, Make a Statement campaign is building a community of empowered and self-assured women who all have something to say
WOONSOCKET, R.I. — CVS Health has revealed a new, comprehensive program designed to combat rising prescription drug prices and help patients save money on their medications. The new initiatives are being launched against a background of ongoing increases in manufacturers’ list prices for drugs and a growing percentage of Americans who have high-deductible health plans.
KEASBEY, N.J. — Wakefern Food Corp. plans to host a store brand sourcing event on Thursday, May 17. The one day exclusive supplier program at the New Jersey Convention and Exposition Center in Edison, N.J., will pair potential new vendors with Wakefern buyers and category managers in private, 20-minute meetings. ECRM (Efficient Collaborative Retail Marketing)
ZAANDAM, Netherlands — Ahold Delhaize announced on Thursday that Dick Boer will be stepping down as chief executive officer as of July 1 and will retire from the company. Frans Muller has been appointed as the new CEO, effective July 1. “We thank Dick for his leadership and dedication throughout his 20-year career at Ahold
CINCINNATI —Kroger Co. announced plans for a second outpost of its newest restaurant concept, Kitchen 1883. Like its predecessor, the sit-down, stand-alone restaurant will offer Cincinnati-area diners what the company calls a fresh take on comfort food. The restaurant is scheduled to open in the fall in Anderson Township, about a dozen miles southeast of