Publix announces executive promotions and retirements
On Oct. 22, 2018 Publix CEO & President Todd Jones announced a series of officer promotions effective Jan. 1, 2019. The first on the list was Kevin Murphy, Senior Vice […]
Read MoreUNFI completes Supervalu acquisition; 19 Shop ’n Save stores to close
On Oct. 22, 2018, United Natural Foods Inc. (UNFI) completed its acquisition of Supervalu announced in July. The combined entity will be led by UNFI’s Chairman and CEO Steve Spinner […]
Read MoreSam’s Club, Instacart expand same-day delivery services
After a successful run of their pilot programs in Dallas-Fort Worth, Austin and St. Louis, San Diego, on Oct. 18, 2018 Sam’s Club announced that it was expanding its partnership […]
Read MoreKroger partners with Drinks Holdings, launches wine delivery in 14 states
On Oct. 16, 2018, Kroger announced that it has metered into a partnership with Drinks Holdings so its customers can have wine delivered to their homes. Kroger’s decision comes on […]
Read MoreInstacart raises $600 million, boosts valuation to $7.6 billion
Online grocery delivery service Instacart announced on Oct. 16, 2018 that it had raised $600 million as part of a financing round led by D1 Capital Partners. The company has […]
Read MoreSears Holdings files Chapter 11, to shutter 142 stores
Early on Monday, Oct. 15, 2018, Sears Holdings initiated processes to voluntarily file Chapter 11. The company announced a series of actions to try and save itself by establishing a […]
Read MoreGlanbia acquires SlimFast for $350 million
On Oct. 11, 2018, food and consumer-focused private equity firm Kainos Capital announced it would sell its portfolio company SlimFast and sister company HNS to California-based Glanbia plc for $350 […]
Read MoreSears faces bankruptcy with three days to secure $134 million debt repayment
By Monday, Oct. 15, Sears Holdings, which owns Sears and Kmart, will have to come up with $134 million, a debt the company has admitted it may not be able […]
Read MoreKroger, Home Chef debut weekly rotating meal kits
On Oct. 10, 2018 Kroger and Home Chef announced the launch of weekly rotating in-store meal kits at Kroger Family of Stores in select locations. The company will also roll […]
Read MoreUber to enter the grocery space
After its restaurant delivery business Eats hit $6 billion in early in 2018 with a growth of more than 200 percent, Uber CEO Dara Khosrowshahi believes the next logical step […]
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