BENTONVILLE, Ark. — When Doug McMillon, who started his business career as an hourly worker at a Walmart distribution center in 1984, was selected to be president and chief executive officer of the company four years ago, industry observers expressed confidence that he would preserve the ethos established by Sam Walton, the retailer’s legendary founder.
BOISE, Idaho — Albertsons Cos. has had a remarkable story over the past 11 years, growing from a group of 661 mostly unloved grocery stores into one of the nation’s leading food retailers, with more than 2,300 supermarkets operating under 20 banners and across 35 states and the District of Columbia. As executive vice president
WEST DES MOINES, Iowa — Sweeping changes in the ways Americans live and shop are rattling the retail sector, driving some businesses into bankruptcy while providing those who are anticipating consumer trends with opportunities for success. Hy-Vee Inc., based here in West Des Moines, is among a select group of retailers with a seeming knack
NEW YORK — Total retail sales this past holiday selling season increased 4.9% compared to 2016 and set a new record for total dollars spent, according to “Mastercard SpendingPulse” study results. That represents the largest year-over-year gain since 2011, the report found. Online shopping increased by 18.1%. The study details shopping activity that occurred from
MINNEAPOLIS — Target Corp. has purchased online same-day delivery platform Shipt Inc. for $550 million. The discounter will leverage its store network and Shipt’s proprietary technology platform and community of shoppers to provide same-day delivery across the country. The acquisition will accelerate Target’s digital fulfillment efforts, bringing same-day delivery services to approximately half of its
SALISBURY, N.C.— Food Lion recently celebrated its 60th anniversary by holding a number of special events. To commemorate the milestone, the company randomly selected customers to win 60% off purchases at each of its more than 1,000 stores, as well as providing shoppers a chance to win $10 gift cards. The supermarket chain also filled
NEW YORK — Retail associations were quick to praise the tax overhaul enacted late last year as an elixir for the industry. The sweeping package signed into law by President Donald Trump will dramatically benefit business, workers and consumers, said National Retail Federation president and chief executive officer Matthew Shay. “This is landmark legislation that
CINCINNATI — Kroger has opened its 1,000th ClickList store and launched an upgrade of the integrated digital shopping experience for ClickList. “As part of our Restock Kroger plan, we continually invest in redefining our customers’ grocery shopping experiences by bringing online and offline seamlessly together through digital innovation,” says Yael Cosset, the supermarket operator’s chief
EDEN PRAIRIE, Minn. — Instacart, the technology-driven, nationwide on-demand grocery delivery service, and Supervalu Inc., one of the largest grocery wholesalers and retailers in the United States, have entered into an exclusive multiyear contract. Under the agreement, Supervalu has launched refreshed e-commerce sites Powered by Instacart for four of its retail banners — Cub, Farm
GOODLETTSVILLE, Tenn. — Dollar General Corp. has announced plans to build a new distribution center in Longview, Texas, which a company spokeswoman says will create around 400 jobs and serve some 1,000 Dollar General stores in Texas and the southeast. Construction on the state-of-the-art one-million-square-foot facility is expected to begin in early 2018. “Dollar General
STELLARTON, Nova Scotia — Sobeys Inc. has announced that it will move forward with plans to convert up to 25% of its 255 Safeway and Sobeys full-service supermarkets in western Canada to its discount FreshCo banner over the next five years. Sobeys, which already runs 91 FreshCo stores in Ontario, has been considering for years
WEST DES MOINES, Iowa — Zest Labs, a subsidiary of Ecoark Holdings Inc., is working with one of the leading supermarket chains in the Midwest, Hy-Vee Inc., in conducting a trial of Zest Fresh solution to help automate farm-to-fork traceability of fresh produce coming to Hy-Vee stores. The retailer, which operates more than 245 stores