supermarket

Retail
Meijer Reveals Holiday Deals

Meijer has revealed a sneak peek at weeklong holiday deals that will replace traditional Black Friday sales its stores have offered in recent years. The ads are the latest in the retailer’s continued efforts to provide customers opportunities to adjust their shopping strategies due to the pandemic.

Retail
Four Winn-Dixie Supermarkets Debut In Florida

Southeastern Grocers, parent company and home of BI-LO, Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, is opening four new Winn-Dixie stores located in Boynton Beach, Gainesville, Jacksonville and Lakewood Ranch, FL.

Retail
Food Lion’s Supermarket Acquisition Moves Forward

Ahold Delhaize said that Food Lion, its leading supermarket chain in the southeastern United States, has made a major step forward to expand its store network through previously announced plans to purchase 62 BI-LO/Harveys Supermarket stores from Southeastern Grocers.

Retail
Giant Food Appoints Badibanga SVP/Operations

Giant Food has appointed Irfan Badibanga as svp/operations. Badibanga will be responsible for leading all operational aspects of Giant Food including regional operations, store support, strategic store planning and execution and asset protection, as well as people, team and culture development.

Retail
Kroger’s Restock Transformation Plan Gains Traction

In an investor update, Kroger asserted that its Restock Kroger transformation framework has reinvented the company’s business model to deliver consistently strong total shareholder return of 8% to 11% and create value for customers, associates and other stakeholders. 

Retail
Kroger Joins Whisk Food Technology Platform

Whisk, a Samsung Next food technology platform, has added Kroger to the brand’s ecosystem. Consumers can now turn any recipe from Whisk’s network of publishers, brands and apps into a smart shopping list and instantly purchase for pickup or delivery from Kroger stores.

Retail
Alibaba Acquires Controlling Stake In Sun Art

In a move that further intensifies its competition with Walmart and Amazon, Alibaba Group said it will invest approximately $3.6 billion in Sun Art Retail Group Limited, a leading hypermarket and supermarket operator in China, that will raise its aggregate direct and indirect stake to approximately 72%.

Retail
New Winn-Dixie Stores Feature Custom Assortments

With some unique touches included, Southeastern Grocers is launching four new Florida Winn-Dixie stores on November 11 with the completed conversion of three former Earth Fare stores located in Boynton Beach, Jacksonville and Lakewood Ranch and one former Lucky’s Market in Gainesville.

Retail
Instacart Gains New Financing

Instacart said it has raised $200 million as part of a new financing round led by existing investors Valiant Peregrine Fund and D1 Capital Partners. The investment comes as consumer demand for Instacart’s online grocery delivery and pickup services continues to grow and the company expands its marketplace with new and existing retail partners.

Retail
Aldi Recognized For Sustainability Initiatives

An ongoing commitment to reduce overall environmental impact has led Aldi to receive the 2020 Green Power Leadership Award as well as a 2019 GreenChill Store Certification and a Re-Certification Excellence Award for select stores from the U.S. Environmental Protection Agency.

Retail
Walmart Selling Asda Supermarket Business

Walmart is selling Asda, the company’s wholly owned U.K. business, for an enterprise value of £6.8 billion, on a debt-free and cash-free basis. The company is selling the chain to the Issa brothers, founders and co-CEOs of EG Group, a global convenience retailer, and investment funds managed by TDR Capital, a private equity firm.

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