Rachel Brand, Sarah Friar join Walmart
On Feb. 9 Walmart announced Rachel Brand would join the company as evp for Global Governance and Corporate Secretary. Brand will report directly to President and CEO Doug McMillon and […]
Read MoreInstacart raises $200 million with a $4.2 billion valuation
Grocery delivery service Instacart, announced Feb. 11 it had raised $200 million in fresh funding at a new valuation of $4.2 billion. The investment and valuation boost come at the […]
Read MoreAmazon begins grocery delivery from Whole Foods
On Feb. 8, Amazon and Whole Foods Market announced they would begin free two-hour deliveries of products from Whole Foods Market through Prime Now. The service, that begins today for […]
Read MoreAlbertsons / Safeway introduces ‘Market Street Idaho’
Albertsons / Safeway is introducing its Market Street banner for customers in Treasure Valley with two planned ‘Market Street Idaho’ stores. Market Street Idaho aims to serve culinary delights and […]
Read MoreBlackwells Capital demands Supervalu break up and sell, starts board fight
After sending the Board of Directors at Supervalu a heated letter in October 2017, Blackwells Capital has followed it up with another severe communication on Feb. 6 stating: “Current Supervalu […]
Read MoreKroger sells C-store business
After announcing it intended to explore strategic alternatives for its C-store business, including a potential sale in October 2017, The Kroger Co. announced it had entered into a definitive agreement […]
Read MoreAltria Group CEO to retire in May 2018
Altria Group announced on Feb. 1 that its CEO Marty Barrington would step down in May after six years at the helm. He will pass the baton on to 54-year-old […]
Read MoreHostess acquires breakfast brands, rewards employees with bonuses
On Feb. 1, Hostess completed its acquisition of Aryzta’s breakfast brands including one of its Chicago Cloverhill bakery facilities and Big Texas and Cloverhill brands. The acquisition includes supply partnerships […]
Read MoreWalmart partners with Rakuten, cuts corporate jobs
As a direct challenge to Amazon, Walmart formed a strategic alliance with Japan’s largest e-commerce company Rakuten whose subsidiary Kobo will sell e-books, audio books and e-readers through Walmart stores […]
Read MoreTarget’s same-day delivery service to launch in Alabama, Florida
On January 25, Target announced its same-day delivery service in partnership with Shipt will debut across 57 stores in Birmingham, Alabama and South Florida. “Our teams moved at lightning speed […]
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