April 16, 2018 by MMR
Ahold Delhaize, Dick Boer, Frans Muller
2018, Issue 04-16-2018, Issues
ZAANDAM, Netherlands — Dick Boer, chief executive officer of Ahold Delhaize, will retire July 1. He will be succeeded by Frans Muller, who currently is deputy CEO and chief integration officer. Together, the two executives were co-architects of the merger of the two international grocers in 2016. “We thank Dick for his leadership and dedication
April 16, 2018 by MMR
Humana, Walmart
2018, Issue 04-16-2018, Issues
NEW YORK — Walmart and Humana are discussing ways to forge a closer health care partnership, including a possible acquisition of the health insurer. The potential deal, which was first reported by The Wall Street Journal, comes on the heels of other brewing mega-mergers, including CVS Health’s planned acquisition of Aetna Inc., as well as
April 16, 2018 by MMR
Kroger Co., Tim Massa
2018, Issue 04-16-2018, Issues
CINCINNATI — Kroger Co. said this month that it plans to hire 11,000 employees to fill jobs across its supermarket divisions, including nearly 2,000 management positions. The job growth figures do not include jobs created as a result of capital investment, such as temporary construction jobs, or increases due to the company’s mergers, according to
April 16, 2018 by MMR
Amazon.com, President Trump, Twitter
2018, Issue 04-16-2018, Issues
SEATTLE — President Trump’s use of Twitter to renew complaints about Amazon.com and founder Jeff Bezos dominated conversations in both Washingtons earlier this spring, with consumers, retailers and investors wondering how — and whether — the White House might try to punish the company for alleged misdeeds. “I have stated my concerns with Amazon long
April 16, 2018 by MMR
Chapter 11, Southeastern Grocers
2018, Issue 04-16-2018, Issues
JACKSONVILLE, Fla. — Southeastern Grocers filed for Chapter 11 bankruptcy in Delaware on March 27 to implement a pre-packaged reorganization plan. Earlier in the month, the company announced that it had reached agreement with 80% of its creditors and its private equity sponsor on a prepackaged restructuring that would permit it to operate 582 Winn-Dixie,
April 16, 2018 by MMR
2018 International Council of Shopping Centers (ICSC) Open Air Centers (OAC) Summit, Elkhorn Real Estate Partners, Joe McKeska
2018, Issue 04-16-2018, Issues
DANA POINT, Calif. — The era of “go big or go home” in U.S. grocery retailing is coming to an end as top chains leverage new strategies to cope with change, said Joe McKeska, president of Elkhorn Real Estate Partners, during a presentation at the 2018 International Council of Shopping Centers (ICSC) Open Air Centers
April 16, 2018 by MMR
Jet Grocery, Jet.com, Simon Belsham, Walmart
2018, Issue 04-16-2018, Issues
BENTONVILLE, Ark. — Walmart’s Jet.com has named Tesco PLC veteran Simon Belsham president. Belsham will oversee all operations, including the unit’s online grocery and general merchandise business. “With Jet Grocery being an integral part of the strategy, Simon brings incredible experience in scaling grocery delivery and his unique background in converging technology and retail to
April 16, 2018 by MMR
A&P, Hy-Vee Inc.
2018, Issue 04-16-2018, Issues
WEST DES MOINES, Iowa — Cracking the code is never enough in the retail industry, because the code keeps changing. A&P cracked the code in the late 1800s, and it was the nation’s dominant grocery chain by 1930, but it is gone today. Hy-Vee Inc., founded in 1930 by Charles Hyde and David Vredenburg in
April 16, 2018 by Jeffrey Woldt
Jeffrey Woldt, Walgreens Boots Alliance
2018, Issue 04-16-2018, Issues, Opinion
Walgreens Boots Alliance, which bills itself as the first global pharmacy-led health and well-being enterprise, is intent on finding strength in the diversity inherent in its scope. Building on a foundation laid in 2007 when the company became a federal contractor in the United States, WBA is working hard to develop a workforce, supplier base
April 16, 2018 by Scot Meyer
Donald Trump, National Retail Federation, NRF, Scot Meyer
2018, Issue 04-16-2018, Issues, Opinion
Despite his fiery rhetoric and sometimes unpredictable policy positions during the 2016 campaign, Donald Trump has mostly turned out to be the kind of president that business leaders can appreciate. The National Retail Federation praised the tax reform bill signed into law by President Trump, for example, calling it a “major victory for lawmakers.” And