MIAMI – On Monday morning the Food Marketing Institute presented two awards meant to recognize how the voice of food retailing can be a force in government advocacy and a champion in the communities grocers serve. “These legacy-makers leveraged their voices to shape a more prosperous future for our industry and the communities in which
MIAMI – The Food Marketing Institute (FMI) on Saturday recognized three executives at its Midwinter Executive Conference here. According to FMI president and CEO Leslie Sarasin, who presented the awards, the honorees share a legacy of achievement in trade relations, entrepreneurial spirit and statesmanship. “Our industry is rooted in a commitment to people and communities,” Sarasin
BOISE, Idaho — Albertsons Cos. announced the launch of Albertsons Performance Media, a digital media tool for providing brands with proprietary shopper data that can help drive sales across the supermarket operator’s network of 2,300 stores in 35 states. Albertsons Performance Media features technology from Quotient Technology Inc., a Silicon Valley-based provider of digital coupons
ARLINGTON, Va. — The Food Marketing Institute had some big successes in 2017, and FMI president and CEO Leslie Sarasin likens those accomplishments to creations made with Lego blocks: they required perseverance, and they are the result of many small pieces coming together in just the right way. FMI is highlighting those achievements in this
BENTONVILLE, Ark. — Walmart has formed an alliance with Japan’s largest online retailer, Rakuten Inc., that leverages each partner’s strengths and assets to expand consumer reach and enhance the way customers are served in Japan and the United States, the companies announced Thursday night after Walmart president and chief executive officer Doug McMillon met in
ZAANDAM, Netherlands — Ahold Delhaize reported net sales of 15.8 billion euros ($19.5 billion) in the fourth quarter, largely on the strength of a 6% sales increase in the Netherlands, the company said on Wednesday. Fourth quarter sales in the United States — where the retailer does about two-thirds of its business — increased 1.5% (excluding
NEW YORK — The German discount grocer Lidl has proven a strong competitor throughout Europe, with a business model based on small stores, a no-frills shopping experience and low low prices. But the chief executive officer of Schwarz Group, Lidl’s parent company, told a German business magazine that the company stumbled in its initial foray
WOONSOCKET, R.I. — CVS Pharmacy and the American Dental Association have announced a three-year initiative that gives the ADA a continuous in-store and digital presence to help put millions of dental patients on a path to better overall health. A core component of the initiative is to give premium placement and promotion to dental care
COLORADO SPRINGS, Colo. — A resource tool originally designed to help Global Market Development Center (GMDC) members track and understand marketplace data has been upgraded to provide a more intuitive user experience and deeper levels of analytics. The updated GM Hierarchy was launched on Wednesday by GMDC in partnership with Nielsen and Retail Insights LLC.
STELLARTON, Nova Scotia — Sobeys Inc. announced that it has agreed to use the e-commerce platform of Ocado Group PLC as it expands its online business. Ocado, a pioneering online grocer based in the United Kingdom and the world’s largest online retailer dedicated to groceries, will help Canada’s second-largest food retailer build a website and
SEATTLE — Amazon.com opened its first Amazon Go convenience store today, an experiment in checkout-free retail that replaces cashiers and checkout lines with overhead cameras and weight sensors that track the merchandise shoppers grab from the shelves and take with them. Shoppers use the Amazon Go app to gain entry to the store through a
ARLINGTON, Va. — Brian Cornell, chairman and chief executive officer at Target Corp., has been elected chairman of the board at the Retail Industry Leaders Association (RILA). Cornell was elected on Sunday to a two-year term, succeeding AutoZone Inc. chairman, president and CEO Bill Rhodes. RILA also selected four retail executives to join its board.