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 […]
Read MoreMark 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 […]
Read MoreAlbertsons 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 […]
Read MoreAlbertsons 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 […]
Read MorePublix 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, […]
Read MoreSupervalu makes Executive Leadership Changes
Supervalu promoted Anne Dament to evp of retail, marketing and private brands with immediate effect on Nov. 13. Dament, who joined the organization in January 2017, has been the force […]
Read More63 Sears, Kmart stores to shut in Jan 2018
After closing more than 350 Sears and Kmart stores in 2017, the struggling retailer announced on Thursday that it will shut an additional 45 Kmart and 18 Sears stores in […]
Read MoreAmazon Fresh suspended in certain areas
On Nov. 3, Amazon announced it is ending its Fresh grocery delivery service for select zip codes, while it will continue to operate in cities ranging from Los Angeles to […]
Read MoreWalmart reveals Holiday strategy
Ensuring it repeats its successful holiday quarter by beating rivals, Walmart has announced a part of its holiday strategy: hosting 20,000 holiday parties at its 4,700 stores. The retail giant […]
Read MoreWalmart introduces Italian private label product line
Adding to its private label collection, Walmart announced the introduction of 40 products under a new private label line called Sam’s Choice Italia. The new line includes boxed dinners, bagged […]
Read More