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GIANT Food opens e-commerce hub

GIANT Food opens e-commerce hub

CARLISLE, Pa. — GIANT Food Stores hosted a ribbon cutting ceremony on Tuesday for a new e-commerce hub in Lancaster, Pa. The facility is part of the retailer’s recently rebranded digital grocery operation, which is called “GIANT DIRECT, Powered by Peapod.”  The new hub, which is being operated in partnership with Peapod Digital Labs, will

Target reports holiday sales, leadership changes

Target reports holiday sales, leadership changes

MINNEAPOLIS — Target Corp. on Thursday reported strong sales gains for the November/December holiday sales period, and reiterated its sales and earnings guidance for the full year. The company also announced changes in its executive ranks, including the planned retirement of chief financial officer Cathy Smith. Target’s holiday sales performance included a 5.7% comparable store sales

Stop & Shop to acquire King Kullen

Stop & Shop to acquire King Kullen

BETHPAGE, N.Y. — Ahold Delhaize said Friday that Stop & Shop, its largest banner in the United States, has agreed to acquire King Kullen Grocery Co. The agreement includes King Kullen’s 32 supermarkets, five Wild by Nature stores and the use of its corporate offices located in Bethpage, N.Y. “This transaction underscores our commitment to

Retailers hedge bets as trade tensions ease

NEW YORK — Just in time for the holidays, retailers received some good news about trade. First, right after retailers posted strong Thanksgiving weekend sales, came the news that President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto had signed a new trade pact — the United States-Mexico-Canada Agreement — to

Forecast calls for strong Black Friday sales

Forecast calls for strong Black Friday sales

NEW YORK  — Retailers are gearing up for what is expected to be a big Thanksgiving weekend with announcement of special deals and tools to make online and in-store shopping easier. The stakes are high, according to a new survey from the International Council of Shopping Centers (ICSC), which found that consumers plan to spend

Target raises the bar with delivery options

Target raises the bar with delivery options

MINNEAPOLIS — Target Corp. is upping its delivery game as it vows to be the “easiest place to shop for the holiday season.” Target said Tuesday that it will become first retailer to offer same-day delivery and drive up service coast to coast. The retailer said its will also offer free two-day shipping to all customers,

Giant Food to introduce new urban format

Giant Food to introduce new urban format

CARLISLE, Pa. — Giant Food Stores on Thursday announced plans for a new store format and brand designed for urban neighborhoods. The first of the new Giant Heirloom Market stores is set to open later this year in in Philadelphia’s Graduate Hospital neighborhood. The new store, which is currently under construction, will measure about 9,500 square

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