Kroger 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 […]
Read MoreWhole Foods and June cook up more convenience for customers
Amazon has found yet another way to integrate technology to make its services more convenient for consumers. On Oct. 9, 2018, Amazon-owned Whole Foods partnered with the company that pioneered […]
Read MoreSears appoints new independent director
On Oct. 9, 2018, Sears Holdings Corporation announced that Alan J. Carr, the managing member and CEO of Drivetrain, LLC, has joined the company’s Board of Directors. Carr is an […]
Read MoreJoseph McQuesten promoted to Senior Vice President for Center Store and Fresh Merchandising at SpartanNash
On Oct. 8, 2018 SpartanNash announced it had promoted its VP for Center Store Merchandising, Joseph McQuesten, to Senior Vice President, Center Store and Fresh Merchandising. The change is effective […]
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