Aldi

  1. Channel: Delivery

Instacart’s Long-Awaited IPO Values Company at $10 Billion

Instacart has made its initial public offering (IPO), pricing its stock at $30 per share and valuing the grocery delivery and technology company at approximately $10 billion. Instacart, which will trade on the NASDAQ under the symbol “CART,” sold 22 million shares in the IPO, with 14.1 million coming from the company and 7.9 million […]
2 min read
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  1. Channel: Delivery

Instacart’s Long-Awaited IPO Values Company at $10 Billion

Instacart has made its initial public offering (IPO), pricing its stock at $30 per share and valuing the grocery delivery and technology company at approximately $10 billion. Instacart, which will trade on the NASDAQ under the symbol “CART,” sold 22 million shares in the IPO, with 14.1 million coming from the company and 7.9 million […]
2 min read
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  1. Channel: Delivery

Instacart’s IPO Raises $660 Million; Grocers Have Skin In The Game

Grocery delivery company Instacart launched its initial public offering (IPO) yesterday, raising $660 million with a $30 per share price that was at the top end of its offering range.  The price reflects a $10.2 billion valuation;  the company is making less than 10 percent of its shares available. Public trading of Instacart’s shares will […]
4 min read
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  1. Channel: Dollar/Value

Your Views:  Higher Purposes

I did a FaceTime the other day about how employee disengagement actually can be an infection that can ravage an organization.  One MNB reader responded: Businesses that are grounded in higher purpose, mission, values and beliefs offer their customers an opportunity to be part of something greater than themselves. In tandem, these organizations culturally are […]
4 min read
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  1. Channel: Grocery

Wegmans tops Fortune’s best retail places to work list

    [[“value”:” Wegmans, the 107-year-old grocery chain based in Rochester, N.Y., has topped Fortune’s Best Companies list every year since the list was launched in 1998, and this year it has managed a repeat performance. Fortune reports that Wegmans has been recognized for so long because, for starters, it has over 53,000 workers and […]
< 1 min read
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  1. Channel: Grocery

Your Views:  Multiplier Effects

On the subject of treating employees in a way that keeps them engaged, one MNB reader wrote: I have a nephew with limited cognitive skills but is a loyal bagger at a Michigan Kroger. On his fifth year of service he received a package containing Thank You cards from store management and fellow workers as […]
9 min read
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  1. Channel: Grocery

Grocery Outlet woos Albertsons customers

Access chart in Dash. Grocery Outlet customers are increasingly spending their grocery wallet at the discounter, turning away from brands owned by Albertsons, including Safeway and Von’s. The California-based discount grocer increased its share of supermarket wallet among customers to over 6% in the last week of August, up from around 5% a year earlier […]
< 1 min read
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  1. Channel: Grocery

SN Top 10: Kroger, Aldi, Sprouts top the week's headlines

    [[“value”:” In this week’s recap of the Top 10 most popular Supermarket News articles, Kroger, Albertsons may sell off stores to C&S Wholesale Grocers in anticipation of merger deal. Kroger and Albertsons could be close to selling an undisclosed number to C&S Wholesale Grocers, as a means towards cinching regulatory approval for the […]
2 min read
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  1. International

Aldi reaches 1,000th store milestone and targets 500 more

Aldi is opening its 1,000th UK store in Woking, Surrey, today (7 September) and has committed to a new long-term target of 1,500 stores in the UK, which the company said will be an investment of billions of pounds into the UK economy. Aldi, now Britain’s fourth biggest grocer, is aiming to open more stores […]
< 1 min read
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  1. Stores & Formats

SN Top 10: Aldi, Walmart, Sprouts top the week's headlines

  [[“value”:”In this week’s recap of the Top 10 most popular Supermarket News articles, Aldi acquisition: CEO says the company will convert a ‘significant’ number of acquired stores ranked as the week’s top story. Supermarket News had the opportuni”]] 
< 1 min read
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  1. Channel: Mass

Walmart Customers Focus on Meal Solutions not Menu’s

Consumers are dynamic not static and Walmart is not an early adopter when it comes to meals and meal components. Walmart exceled at supply chain optimization, suburban duplication, marketing messaging, it missed the mark on consumers meal prep simplification aka meals and meal components preference over ingredients to cook from scratch.  According to Steven Johnson […]
3 min read
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  1. Technology & Innovation

Lab grown diamonds are forever: check out last week’s most read RTIH retail technology articles

These are the RTIH articles that caught your fancy last week, including Temu, Marks and Spencer, Aldi UK, New Look, EE, and Amazon Fresh. Consumption nation: Here’s what American retailers can learn from booming Chinese shopping app Temu US retailers beware. Riding high with Temu, the Chinese are coming and they’re coming to win. That’s […]
5 min read
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  1. Channel: Delivery

Instacart, Klaviyo Move Closer to IPO Filings

Instacart has moved another step closer to an IPO, filing an S-1 form with the Securities and Exchange Commission (SEC) but not providing information on how many shares the company plans to sell or at what price. Instacart had confidentially filed for an IPO in May 2022 but had not pursued it further until now. […]
2 min read
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  1. Channel: Grocery

Southeastern Grocers Sells Rx Assets To CVS, Walgreens

The Tampa Bay Times reports that as a result of the sale of its retail banners – Winn-Dixie and Harveys – to Aldi, Southeastern Grocers (SEG) is selling its pharmacy business to CVS and Walgreen. According to the story, “Southeastern Grocers told its pharmacists that it will sell all of its Winn-Dixie and Harveys pharmacy […]
< 1 min read
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  1. Channel: Grocery

Your Views:  A Horse Is A Horse, Of Course, Of Course

I did a FaceTime earlier this week suggesting that Aldi’s acquisition of Winn-Dixie and Harveys indicates that anything can happen, and I mentioned that an MNB reader observed that since Aldi and Trader Joe’s are owned by the same company, maybe we’ll see Trader Joe’s sections in Winn-Dixie stores.  (I noted that the two companies […]
7 min read
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  1. Channel: Grocery

SN Top 10: Aldi, Instacart, Target top the week's headlines

  [[“value”:”In this week’s recap of the Top 10 most popular Supermarket News articles, Aldi acquires Winn-Dixie, Harvey’s Supermarket stores ranked as the week’s top story. Aldi expansion has reached historical heights, as the company announced today it has”]] 
< 1 min read
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  1. Channel: Grocery

Aldi US CEO Talks Strategy, Expansion

CNBC, following up on last week’s announcement that Aldi will acquire Winn-Dixie and Harveys and gain a stronger foothold in the southeastern US, went to Aldi US CEO Jason Hart for an explanation of the company’s moves. Some excerpts, with some commentary added via italics where relevant: •  “This acquisition provides us speed to market […]
2 min read
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  1. Shopper & Customer

Discounts win supermarket loyalty, but younger shoppers need data assurances

[[“value”:” Credit: GlobalData. With high food inflation continuing to put pressure on household finances, loyalty schemes are an effective way for supermarkets to compete with the consistently low prices of discounters Aldi and Lidl. The most important aspects of loyalty schemes for consumers are discounts and rewards, with 51% stating that they valued “discounts open […]
2 min read
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  1. Media & Marketing
  2. Channel: Grocery
  3. Media & Marketing

Kroger considers Disney+ perk for grocery delivery members

​US retail giant Kroger is reportedly in talks with the Walt Disney Company to offer the Disney+ streaming service as a benefit to paying members of its Kroger Boost grocery delivery programme. The post Kroger considers Disney+ perk for grocery delivery members appeared first on Retail Insight Network.
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  8. Associates & Employees
  9. Stores & Formats

Sam’s Club Expands Store Rollout of AI-Powered Exit Tech

Walmart-owned Sam’s Club says it’s turning to artificial intelligence to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club customers who pay either at a register or through the Scan & Go mobile app can now walk out of the […]
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Walmart Streamlines Teacher Support via Box Tops App Integration

Walmart has simplified the process for shoppers who want to support their local schools with the new Connected Accounts feature on the Box Tops for Education app. Shoppers can now give back by connecting their Walmart account with the Box Tops app, without needing to scan or submit receipts. Families can earn when they download […]
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How Home Depot Plans to Stand Out in the ‘Sea of Retail Media Networks’

Photo courtesy Home Depot Editor’s Note: As the Retail Innovation Conference & Expo (RICE) nears, we’re highlighting recent coverage of some of the speakers and companies that will be taking the stage in Chicago, June 4-6, 2024. Zach Darkow, Head of Marketing Measurement at the Home Depot, will join a dynamic discussion with Jeffrey Bustos of IAB, Claire […]
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