QUINCY, Mass. — Ahold Delhaize’s Ahold USA and Delhaize America divisions have announced a restructuring effort designed to strengthen their retail brands’ connection with their customers while also leveraging the combined company’s size and scale in such behind-the-scenes functions as financial and legal services, information technology, and not-for-resale procurement. As part of that move to
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have extended the end date for their merger by six months, while lowering the offer price. The companies pushed the deal’s end date to July 31 — after a previous extension expired January 27 — to give them extra time to gain regulatory
GOODLETTSVILLE, Tenn. — Dollar General Corp. has opened its first small-format DGX stores, premiering the concept in Nashville and Raleigh, N.C. “We are excited about our new smaller-store concept and the opportunity to serve busy city dwellers with everyday-low prices on the essentials they need in a convenient, easy-to-shop format,” said chief executive officer Todd
BATAVIA, Ill. — With more people shopping its grocery stores than ever before, Aldi recently announced an aggressive $1.6 billion investment, with an extensive plan to remodel and expand more than 1,300 U.S. stores by 2020. The new store look, according to Aldi, delivers on its customers’ desire for a modern and convenient shopping experience
SCOTTSDALE, Ariz. — If the operators of traditional supermarkets intend to command as prominent a position on the retailing scene of the future as they do today, they must act audaciously to fend off competition from a growing range of sources, in particular e-commerce, and stay in sync with the changing expectations of consumers. Driven
SCOTTSDALE, Ariz. — Food Marketing Institute (FMI) has honored two supermarket veterans for their contributions to the industry. Ed Crenshaw, chairman and former chief executive officer at Publix Super Markets Inc., was named winner of the Sidney R. Rabb Award, FMI’s highest honor, for excellence in serving the consumer, the community and the industry. FMI
BOISE, Idaho — Albertsons Cos. has appointed Narayan Iyengar as senior vice president of digital marketing and e-commerce. In this role, he will be responsible for leading all aspects of digital marketing, including loyalty programs, shopper marketing and the overall digital presence, as well as the e-commerce business, which includes home delivery. “As a company,
CINCINNATI — Jerry Clontz, who recently served as senior vice president of operations for Harris Teeter LLC, has been named president of Kroger’s Mid-Atlantic division. He succeeds Joe Fey, who retired earlier this month. “Jerry is a proven leader who is passionate about this business and the success of his associates,” said Sukanya Madlinger, Kroger’s
The convention season began in earnest earlier this month with the NACDS Regional Chain Conference. This event, traditionally one of the more anticipated on the NACDS meetings calendar, is noted for setting the tone for the many meetings, conferences and trade shows that follow throughout the year. Devoid of the country’s largest retailers, and the
During wide-ranging remarks at the recent FMI Midwinter Executive Conference, Leslie Sarasin reiterated an important point about the nation’s supermarkets — the stores are ideally positioned to play a dominant role in meeting consumer demand for products and services that support health and wellness. The Food Marketing Institute’s president and chief executive officer talked about