Kroger sells Turkey Hill business to Peak Rock Capital
On March 19, 2019 The Kroger Co. and middle-market private equity firm Peak Rock Capital announced a definitive agreement for the sale of Kroger’s Turkey Hill business to an affiliate […]
Read MoreIowa Premium acquired by National Beef Packing Company
On March 11, 2019 National Beef Packing Company, LLC announced it approved a transaction resulting in 100 percent ownership interests in Iowa Premium, LLC, (IP). The transaction is expected to […]
Read MoreAmazon Meal Kit retail at Whole foods, Amazon Go stores
Cementing rumors that have been around since Amazon filed a trademark in July 2018, on March 18, 2019 Amazon Fresh and Prime Now customers in Seattle, Chicago, San Francisco Bay […]
Read MoreRite Aid announces leadership changes, plans to cut 400 jobs
On March 12, 2019 Rite Aid Corporation announced a leadership transition plan and organizational restructuring to align its structure with operations and reduce costs. John Standley will step down as […]
Read MoreWhole Foods Market to open 500th store in Midtown Atlanta
On April 5, 2019 Whole Foods Whole Foods Market will celebrate its 500th location with the opening of its new flagship 70,000 square-foot, multi-level Midtown Atlanta store, located at 22 […]
Read MoreInstacart expands alcohol delivery to 14 states
On March 12, 2019 Instacart announced it had expanded its alcohol delivery service in 14 US states, making it one of the largest online delivery and pickup marketplaces for alcohol. […]
Read MoreTarget executive replaces Shipt founder as CEO
On March 11, 2019 same-day delivery service Shipt announced Kelly Caruso would succeed founder Bill Smith as CEO of the company. Smith, who founded Shipt in 2014, will continue to […]
Read MoreCostco announced positive earnings report, bumps employee wages to $15 an hour
On March 7, 2019 Costco Wholesale Corporation announced its second quarter earnings, beating analyst estimates by a wide margin. The retailer announced net sales for the quarter increased 7.3 percent, […]
Read MoreAmazon offloads vendors to Seller Central to boost profits
Amazon offloads vendors to Seller Central to boost profits Beginning on March 4, 2019 several Amazon vendors did not receive purchase orders from the e-commerce retailer, according to a report […]
Read MoreAmazon plans grocery store openings across the US
On March 1, 2019 The Wall Street Journal reported that unnamed sources revealed Amazon plans to expand its grocery retail footprint outside its Whole Foods Market chain. The first store […]
Read More