GREENSBORO, N.C. — Last month the Triad region in the north-central area of North Carolina rediscovered The Fresh Market when the company revealed its new look and enhanced shopping experience at three locations, two in Greensboro and one in Winston-Salem. Following the Triad launch, The Fresh Market activated plans to roll out other refreshed stores
PITTSBURGH — Giant Eagle Inc. is cutting 350 jobs at its headquarters here. The move is described as part of a larger cost-cutting move at the supermarket operator, which generates about $9.7 billion in annual sales and has more than 420 retail locations in western Pennsylvania, north-central Ohio, northern West Virginia, Maryland and Indiana. The
SACRAMENTO, Calif. — Raley’s recently announced that it plans to test a new natural foods supermarket concept in downtown Sacramento. The 11,000-square-foot store will feature a curated selection of product designed to encourage wholesome eating, according to the company, with an emphasis on products that are minimally processed, organic (when available), sustainably sourced and free
CARLISLE, Pa. — Ahold USA’s Nature’s Promise chunk light canned tuna (skipjack) and Nature’s Promise solid white canned tuna (albacore) have been certified by the Marine Stewardship Council (MSC), the company says. Nature’s Promise canned tuna is sold at Ahold USA’s Stop & Shop New England, Stop & Shop New York Metro, Giant Landover and
GRAND RAPIDS, Mich. — Meijer Inc. announced that shoppers of all sizes will soon be able to browse the same clothing racks at all 230 of its stores across the Midwest. The integration is expected to be complete by early next year, bringing together everything from missy size small to plus 3X. Meijer pointed out
NORWALK, Conn. — Competition among retailers for the top spot on this year’s PoweRanking list was closer than ever before, according to Kantar Retail, which said that Walmart and Kroger Co. finished in a virtual tie for first place. The 2016 edition of Kantar’s PoweRanking list showed PepsiCo and Coca-Cola Co. as the leaders among
Karen Fondu is retiring. Those industry people not fortunate enough to have known and worked with her these many years may not realize just how that is a loss not easily recompensed. For she has been, for 37 years, one of the most remarkable people the mass retailing community has produced, and one of the
A provocative new study by KPMG, a provider of audit, tax and consulting services, asks, “Is it zero hour for consumer packaged goods companies?” The premise of the piece is that the paradigm that has governed the mass market is in the process of breaking down, and manufacturers that fail to adapt are at risk
Millennials account for nearly a quarter of the American population, with collective pockets each year as deep as $200 billion. For mass market retailers, this makes them a critically important group — especially as they begin to have families. The high bar Millennials hold for brands is only made higher when it comes time to
BENTONVILLE, Ark. — Walmart announced that it will slow the pace of store expansion as it accelerates its push into e-commerce. Walmart’s plans call for capital spending of about $11 billion in fiscal 2018, which starts in February. That’s about the same as this year’s capital spending but is less than the $11.5 billion in
MINNEAPOLIS — Supervalu Inc. has agreed to sell the Save-A-Lot deep discount grocery chain to private equity firm Onex Corp. for $1.37 billion in cash. The deal comes more than a year after Supervalu announced that it was exploring options for a separation of the Save-A-Lot business, including a possible spin-off. Supervalu this year had
ZAANDAM, Netherlands — Earlier this month, Ahold Delhaize announced the resignation of James McCann, a member of the company’s management board, as chief executive officer at Ahold USA in order to move out of full-time executive work and into a portfolio of nonexecutive and advisory roles. The company also announced that Kevin Holt, Delhaize America