1. Corporate Finance

Rite Aid files for Chapter 11 bankruptcy, names new CEO

Written by Posted on Less than 0 min read

The pharmacy retailer plans to use bankruptcy to shrink its store footprint and manage a nearly $4 billion debt load.

View Original Article
Member since
Grocery Dive provides in-depth journalism and insight into the most impactful news and trends shaping the grocery industry. The newsletters and website cover topics such as shopper behavior, omnichannel, e-commerce, pricing and discounting, store formats, and more. Grocery Dive is a leading publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 10+ million decision makers in competitive industries. https://www.grocerydive.com
Do you like Grocery Dive's articles? Follow on social!

More from Grocery Dive

  1. Corporate Strategy

Instacart adds former CFO, COO to board

Ravi Gupta’s appointment to the grocery technology company’s board follows the exit of co-founder and former CEO Apoorva Mehta. View Original Article Delivery Instacart Executives Technology & Innovation Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful news and trends shaping the […]
< 1 min read
0
  1. Data & Insights

Why Save Mart believes the future is built on data

The California-based regional supermarket chain has stepped up its processing capabilities as consumer data increasingly fuels core merchandising along with new opportunities like retail media. View Original Article Data & Insights Marketing: Retail Media Merchandising Consumers Predictions and Forecasts Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and […]
< 1 min read
0
  1. Channel: Dollar/Value

Dollar General cuts guidance, shareholders OK safety audit

The retailer also plans to slow the opening pace of its PopShelf stores this year. View Original Article Brick and Mortar Dollar General Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful news and trends shaping the grocery industry. The newsletters and […]
< 1 min read
0
  1. Channel: Grocery

Kroger converts Tennessee store into self-checkout-only

The grocer said it recently made the switch at a store in Franklin with plans to do so at another one in the state later this year. Dive Brief: Kroger converted a store in Franklin, Tennessee, to self-checkout-only with plans to do the same at another store in the state, a spokesperson for the grocer said […]
2 min read
0
  1. Channel: Mass

General Mills and Walmart team up to accelerate regenerative agriculture on 600,000 acres

The target represents the approximate amount of land the food giant relies on to source key ingredients for products sold at the retailer’s stores.  View Original Article Target Walmart Dept. Grocery Brick and Mortar General Mills Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into […]
< 1 min read
0
  1. Trends & External Forces

FMI calls for standardization to accomplish FDA’s new food traceability requirements

The trade group noted how GS1 guidelines can be implemented to streamline systems and allow for an easy exchange of information throughout the supply chain. View Original Article Dept. Grocery Operations & Supply Chain Government Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
  1. Department: Food

Albertsons deploys Afresh’s AI food waste tech across its meat, seafood departments

The grocery company already uses the store ordering and inventory management platform in its produce departments chainwide.  View Original Article Dept. Grocery Dept. Perimeter Operations & Supply Chain Sustainability Technology & Innovation Regional Grocery Albertsons / Safeway AI Dept. Fresh Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism […]
< 1 min read
0
  1. Department & Category

Target to broaden assortment of $15-and-under products

As part of its strategic investments to fuel growth, the retailer aims to deliver “affordable joy” by adding more items at $3, $5, $10 and $15 price points. View Original Article Dept. Fuel Merchandising Target Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful news […]
< 1 min read
0
  1. ESG

Raley’s appoints new vice president of community impact, public affairs

Chelsea Minor, who has worked for the California-based grocer since 2015, will oversee areas including public relations, governmental affairs, communications and sustainability. View Original Article Sustainability Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful news and trends shaping the grocery industry. […]
< 1 min read
0
  1. Department & Category

Sprouts rolls out exclusive summer products

Seven seasonal food items, including ready-to-cook meals and more frozen treats, will be launched in the specialty grocer’s New For You section.  View Original Article Dept. Grocery Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful news and trends shaping the grocery […]
< 1 min read
0
  1. Associates & Employees

Cub Foods workers in Twin Cities avert strike after ‘historic’ contract win

The local union representing workers at 33 stores in the Minneapolis-St. Paul area said Friday the tentative agreement would provide raises of $2.50 to $3.50 an hour by spring 2024 and create a landmark safety committee. View Original Article Associates Brick and Mortar Predictions and Forecasts Grocery Dive Member since October 26, 2020 Loading + […]
< 1 min read
0
  1. ESG

Whole Foods outlines progress on food waste, packaging and green energy

In 2022, the grocer circulated packaging guidelines to suppliers and kept more than 70% of waste out of landfills.  View Original Article Whole Foods Dept. Grocery Packaging Sustainability Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful news and trends shaping the grocery […]
< 1 min read
0
  1. Department & Category

How grocery-owned c-stores are approaching loyalty

Companies like Hy-Vee, Giant Eagle and Kroger have enhanced their loyalty programs in recent years to drive traffic across their food and fuel offerings. View Original Article Hy-Vee Kroger Dept. Fuel Dept. Grocery Marketing: Loyalty & Subscription Brick and Mortar Store Location Giant Eagle Grocery Dive Member since October 26, 2020 Loading + Follow Following […]
< 1 min read
0
  1. Stores & Formats

Amazon to drop Just Walk Out at some grocery stores

The e-commerce giant said it will replace the grab-and-go tech with its smart carts as it refreshes its Amazon Fresh stores in the U.S. View Original Article Amazon Dept. Fresh Brick and Mortar Technology & Innovation Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into […]
< 1 min read
0
  1. Technology & Innovation

How grocers evaluate the impacts of AI, tech on workers

As food retailers assess digital solutions, they are keeping a close eye on the benefits and downsides they pose to their workforces. View Original Article Associates AI Dept. Grocery Technology & Innovation Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful news […]
< 1 min read
0
  1. Channel: Mass

Walmart removes self-checkout from select stores

The retailer joins other Target, Dollar General and other chains in recalibrating its reliance on self-service and rethinking the checkout experience. View Original Article Walmart Brick and Mortar Tech: Cashierless Dollar General Target Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
  1. Technology & Innovation

Albertsons turns to the metaverse

On Cyber Monday, the grocery company started selling bundles of private label pretzels, peanut butter cups and a pack of Coca-Cola in its pilot experience on virtual platform Decentraland. View Original Article Albertsons / Safeway Owned Brands (Private Label) Holiday & Events Metaverse Trends: Tech Coca Cola Grocery Dive Member since October 26, 2020 Loading […]
< 1 min read
0
  1. Data & Insights

How Dom’s Kitchen & Market is addressing 5 grocery trends

From weaving customer data into the fabric of its business to owning e-commerce, the Chicagoland grocery startup is looking to stay ahead of key industry developments.  View Original Article Data & Insights Shoppers Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
  1. Operations & Supply Chain

Shining a light on shop floor sales opportunities

Wondering how to enhance your shop-floor focus? Flooid’s SVP, Global Marketing shares five ways Grocers can improve their operations. View Original Article Executives Operations & Supply Chain Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful news and trends shaping the grocery industry. […]
< 1 min read
0
  1. Stores & Formats

Dorothy Lane Market breaks ground on its largest store

When completed, the independent gourmet grocer’s location in Mason, Ohio, will feature a main level spanning 50,000 square feet and a 9,000-square-foot mezzanine. View Original Article Store Location Nestle Grocery Dive Member since October 26, 2020 Loading + Follow Following Grocery Dive provides in-depth journalism and insight into the most impactful news and trends shaping the grocery […]
< 1 min read
0
Next