January 12, 2018

Walmart to shut stores, lay-off workers and raise minimum wage

In two separate announcements on Jan. 11, Walmart said it’s unit Sam’s Club would close 63 stores, resulting in thousands of workers losing their jobs. The decision comes after a […]

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December 15, 2017

Campbell Soups in talks to purchase Snyder-Lance

Late on Friday, stocks of Campbell Soup and Snyder’s-Lance rose after reports that Campbell Soups was in ‘advanced talks’ to buy the pretzel and potato chip manufacturer. As the US […]

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December 15, 2017

Natural Grocers announces new CFO

Natural Grocers announced the appointment of Todd Dissinger as Chief Financial Officer (CFO), effective January 1, 2018.  Dissinger will succeed Sandra Buffa who will retire effective December 31, 2017. Dissinger […]

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December 15, 2017

Hostess promotes Andrew Jacobs to Chief Operating Officer

Hostess Brands announced it has promoted Andrew (Andy) Jacobs to Executive Vice President (evp) and Chief Operating Officer. Jacobs has been the company’s evp and Chief Commercial Officer since June […]

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December 15, 2017

Supervalu completes acquisition of Associated Grocers of Florida

Supervalu completed its previously announced acquisition of Associated Grocers of Florida in a transaction valued at approximately $193 million. Associated Grocers of Florida, with its annual sales of approximately $650 […]

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November 30, 2017

Sears reports third quarter losses of $558 million

On Thursday, Sears Holdings reported a loss of $558 million in its third quarter. The company generated total revenues of approximately $3.7 billion compared to revenues of $5 billion last […]

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November 29, 2017

Mark Duffy named CEO at C&S Wholesale Grocers

On Nov. 28, C&S Wholesale Grocers announced the appointment of Mike Duffy as CEO, effective January 8, 2018. Duffy will lead C&S’s strategic development, customer satisfaction and day-to-day operations. His […]

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November 28, 2017

Albertsons and Instacart announce partnership

Albertsons announced on Tuesday that it had reached an agreement with on-demand grocery delivery service Instacart to offer its customers the convenience of same-day deliveries in an hour. Under the […]

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November 17, 2017

Albertsons invests in El Ranchero, accesses Latino market

With its eyes on the 54-million-strong Hispanic population in the US, Albertsons has invested in Texas-based El Rancho Supermercado that focuses on stores for Latino customers. El Rancho which has […]

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November 17, 2017

Publix Promotes Two New Officers

Publix CEO and President Todd Jones announced two new officer positions, effective January 1, 2018. The move comes on the heels of the retailer growing and expanding initiatives. Randy Barber, […]

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