MIAMI BEACH, Fla. — If the activity at last month’s FMI Midwinter Executive Conference is a true indication, the nation’s supermarket retailers, a group that has traditionally adhered to a conservative business model, are gearing up to reshape the way they meet the needs of consumers. “We’re seeing unprecedented levels of change in our industry
EDEN PRAIRIE, Minn. — Supervalu Inc. named Mark Gross as president and chief executive officer, effective February 5. Gross, 52, succeeds Sam Duncan, who is retiring at the end of the month. Supervalu said Duncan will step down from the board upon his retirement but will continue to serve as a special adviser to the
LAKELAND, Fla. — Publix Super Markets Inc. is expanding into Virginia, which will be the seventh state in the employee-owned grocery chain’s operating area. The retailer said this month that it has signed two leases for stores in greater Richmond. The Bristol store will measure 54,000 square feet and will be located at the corner
CAMP HILL, Pa. — Rite Aid Corp. stockholders voted by a wide margin to approve the company’s $17.2 billion deal to be purchased by Walgreens Boots Alliance Inc. (WBA). According to Rite Aid, about 97% of the votes cast at a special meeting of stockholders earlier this month were in favor of the deal. A
SEATTLE — “Where fresh food comes first and flavor brings people together” — that’s how Kroger Co. is billing its latest concept store, which opened earlier this month in the Seattle area in the remodeled Quality Food Center in Gig Harbor. Main & Vine — the new store that now occupies the remodeled former location
WESLEY CHAPEL, N.C. — The first six CVS pharmacies located inside Target Corp. stores celebrated a grand opening earlier this month in North Carolina. CVS intends to convert all 1,672 Target pharmacies in 47 states to CVS/pharmacy locations over the next six to eight months and rebrand the 79 Target clinic locations as MinuteClinic, CVS
SEATTLE — Amazon.com Inc. plans to open about 400 bookstores, according to an executive at a major mall. The online retailer ventured into the brick-and-mortar arena in November with the opening of a bookstore in its home city of Seattle. An expansion of bookstores, which the company has not confirmed, would be a reversal by
BOISE, Idaho — Mark Panzer, senior vice president of pharmacy, health and wellness at Albertsons Cos., has assumed additional responsibility for general merchandise and health and beauty aids. “Mark’s impact on our operation in 2015 was immediate. He brought a wealth of industry experience with him when he joined our team that makes him a
BRUSSELS — Delhaize Group and Koninklijke Ahold N.V. announced earlier this month that they have respectively called Extraordinary General Meetings (EGMs), to be held on March 14, at which their respective shareholders will consider and vote on proposals to approve the intended merger between Delhaize and Ahold. Delhaize’s EGM will be held in Brussels and
LANDOVER, Md. — Making lives easier for Washington, D.C.-area residents, Peapod by Giant recently announced a first-of-its-kind offering that will allow shoppers to place their orders online and pick them up at one of three Washington Metropolitan Area Transit Authority stations: Fort Totten, Glenmont and Vienna. The new Metro Peapod service began February 1, 2016.
HOLLYWOOD, Calif. — Gelson’s Markets has signed a lease for its second location here. The Encino, Calif.-based chain plans a supermarket with a metal and glass facade with louvered accents and rooftop parking, at a prime location, the corner of Sunset Boulevard and Gardner Street. The company says it is adding the store in light
MIAMI BEACH, Fla. — The Food Marketing Institute’s (FMI’s) board of directors voted to approve its 2016-2018 incoming officers during the Midwinter Executive Conference annual business meeting that was held here last month. Kevin Davis, chairman and chief executive officer of Bristol Farms Inc., has assumed the role of FMI’s chairman of the board. The