HomeWorld’s first annual Retailers to Watch, in the November 6 issue, looks at eight retailers from various channels making big moves to reinforce their futures.
In a third quarter conference call, Brian Olsavsky, Amazon.com svp/CFO, noted that the company would develop new retail-related enterprises that will help it build on brick-and-mortar initiatives such as the purchase of Whole Foods Market, the expansion of Amazon Books, the partnership with Kohl’s and the roll out of the Amazon Key in-home delivery service.
Whole Foods Market said it has investigated and resolved a security incident previously announced on September 28, involving unauthorized access of payment card information used at certain venues such as tap rooms and full table-service restaurants located within some stores.
Supervalu is acquiring Associated Grocers of Florida in a deal valued at $180 million.
The Kroger Co.’s central division president Katie Wolfram has retired. The company has promoted Pam Matthews, currently the company’s QFC division president, to succeed her.
Albertsons is about to enter the meal kit delivery business with the acquisition of Plated, which will operate as a wholly-owned subsidiary of the grocery retailer. The deal is expected to close by the end of September.
Katy, TX-based Igloo Products is partnering with Houston-based specialty food retailer Fiesta Mart to donate free Igloo coolers to members of the Houston community, in the aftermath of Hurricane Harvey.
Amazon’s $13.7 billion acquisition of Whole Foods Market will close on Monday, August 28, 2017, and the two companies are outlining several marketing and merchandising initiatives that will launch after the merger.