Kroger said that Joe Grieshaber, svp/chief merchant, is retiring after more than 37 years of service. The retailer is promoting Stuart Aitken, who will assume the role.
Instacart has raised $225 million as part of a new financing round led by DST Global and General Catalyst, with existing investor D1 Capital Partners participating. The investment comes as Instacart continues to experience a surge in customer demand for grocery delivery and pickup.
Albertsons has launched an initial public offering of 65,800,000 shares of its common stock to be sold by certain of its stockholders, at an anticipated initial public offering price between $18 and $20 per share, pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission.
Kroger and Ocado are continuing to expand their partnership with plans to construct three new customer fulfillment centers in the Great Lakes, Pacific Northwest and West regions.
Ahold Delhaize said that Food Lion, its second largest brand in the U.S., has agreed to purchase 62 Bi-Lo and Harveys Supermarkets from Southeastern Grocers.
The COVID-19 pandemic will cause a significant and long-term change in shopping behavior, a Zion & Zion study indicated.
In an initiative it brought to market early to meet coronavirus-affected circumstances, Walmart is rolling out Express Delivery, a new service that delivers more items from the store to customer doors, all in less than two hours.
Online-based delivery service Instacart is introducing additional safety measures for its growing shopper network including new in-app wellness checks.