Wakefern

  1. Technology & Innovation
The Atlantic has a piece suggesting that “all is not rosy in the world of self-checkout, and some companies seem to realize it. Walmart has removed the kiosks entirely from a handful of stores, and is redesigning others to involve more employee help. Costco is stationing more staffers in its self-checkout areas. ShopRite is adding […]
  1. Channel: Mass
    [[“value”:” With the potency of targeted online ads fading, more grocery retailers are back to pulling out free samples for shoppers, according to reporting from Bloomberg News. In August, Walmart rolled out a new retail media strategy that also leans into weekend-only demo stations where brands can show off their products in person. […]
  1. Technology & Innovation
AMBLER, Pa. — Two short spans of time — one just over 7 seconds and the other just under 15 minutes — were among the many talking points at The Emerson Group’s 2023 Industry Day last week. The day-long event brought together retailers and suppliers, brand innovators and other thought leaders to discuss the future […]
  1. Technology & Innovation
On the subject of the Amazon-FTC legal battle, one MNB reader wrote: If I was the retail industry and individual grocers, I would be watching this closely.  On the surface, this looks like the FTC is taking its flashlight into Amazon’s dingy basement and shining a light into the dirty corners of retail practices.  But […]
  1. Channel: Grocery
    [[“value”:” Village Super Market on Wednesday said same-store sales were up 3.2% for the fiscal fourth quarter and 3.5% for the full fiscal year, driven mostly by inflation. The sales gains helped fuel profit growth in the fourth quarter and year, which ended July 29. Quarterly net income rose 21%, to $15.3 million, […]
  1. Channel: Grocery
Placer.ai, the location intelligence firm, is out with a new study this week that it says “have seen consistent growth in H1 2023 and are well-positioned to continue their strong performance in H2 and beyond.” They include: •  Stater Bros. Markets:  “Overall monthly visits to the chain grew in 2023 relative to 2022 despite the […]
  1. Shopper & Customer
CHICAGO — Amazon, Aldi, Costco Wholesale Corp. and Wal­mart are among the U.S. food retailers best positioned for success in 2053, according to a report from dunnhumby. “Grocery 2053: A Data-Driven Gaze into the Future” is the data science firm’s examination of trends that will have the biggest potential impact on grocery retailers over the […]
  1. Shopper & Customer
Customer data science company dunnhumby is out this morning with a new study “examining what trends will have the biggest potential impact on grocery retailers over the next three decades,” and identifying a growing personal fiscal conservatism as a prime driver of shopper behavior. dunnhumby identifies, in order, Lidl, Food 4 Less, Aldi, Costco, Fry’s, […]
  1. Shopper & Customer
CHICAGO – Amazon, Aldi, Costco Wholesale Club, and Walmart are among U.S. grocery retailers best positioned for success in 2053, according to a report out today from dunnhumby. “Grocery 2053: A Data-Driven Gaze into the Future” is the data science firm’s examination of trends that will have the biggest potential impact on grocery retailers over […]
  1. Trends & External Forces
I mentioned this on FaceTime this morning – two emails that decried the cuts in SNAP payments that will take place as the pandemic comes to an end, affecting both the people who use food stamps and the stores that serve them. MNB reader Robert Pulda wrote: Kevin, It is a disgrace this this wealthy […]
  1. Channel: Grocery
FMI-The Food Industry Association has announced the 12 finalists for the 2023 Store Manager Awards, culled from a record 175 nominations. FMI says that “these outstanding store managers stood out from the crowd for their ability to generate sales growth; effectively communicate company and store goals and objectives; demonstrate team leadership in their store/company; provide […]
  1. Media & Marketing
ARLINGTON, Va. — FMI—The Food Industry Association on Wednesday announced 12 finalists for its 2023 Store Manager Awards. From a record 175 nominations, these outstanding store managers stood out from the crowd for their ability to generate sales growth; effectively communicate company and store goals and objectives; demonstrate team leadership in their store/company; provide exceptional […]
  1. Channel: Grocery
The Connecticut Post reports on the closing of a Stop & Shop store in Greenwich, Connecticut, linking it to the opening a couple of years ago of a Wegmans in Harrison, New York, an “an easy drive for many in Greenwich.” A spokesman for the Ahold Delhaize-owned chain confirmed the closing, saying that it was […]
  1. Channel: Grocery
Wakefern Food Corp. the nation’s largest retailer-owned cooperative, said yesterday that Mike Stigers – since 2019 the CEO of UNFI-owned Cub Foods – has been named the company’s new president. Stigers will take on the role effective June 1.  Joe Sheridan, who announced his retirement as Wakefern president last year, will remain with the company […]
  1. Channel: Grocery
KEASBEY, N.J. – Wakefern Food Corp., the nation’s largest retailer-owned cooperative with member companies that own and operate supermarkets under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Gourmet Garage and Fairway Market banners, announced that Mike Stigers will assume the role of president, effective June 1. Following an extensive national search, Mike Stigers will […]
  1. Shopper & Customer
  At the intersection of what’s for dinner and fast food recently two east coast Shoprite’s have debuted a foodservice at retail concept: “Fresh to Table,” with an emphasis on fresh, easy to prepare ingredients, and grab-and-go. Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®reiterated once again on the importance of “focusing on […]
  1. Retailer Media
CHICAGO –– H-E-B has regained the leadership position in the sixth annual dunnhumby Retailer Preference Index (RPI), an examination of the U.S. grocery market by data science firm dunnhumby. Costco Wholesale holds the second position in this year’s index, followed by Amazon. Wegmans held the fourth position for the third consecutive year. Rounding out the […]
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  1. Acquisitions, Divestitures & Mergers
  2. Channel: Home Improvement
  3. Acquisitions, Divestitures & Mergers
  4. Corporate Finance
  5. Operations & Supply Chain
Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers.
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  6. Trends & External Forces
See this visualization first on the Voronoi app. Car Brand Loyalty in 2024 This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. This graphic visualizes the best and worst car brands in terms of brand loyalty. […]
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Shoptalk always brings the best and brightest minds of the industry together for four days packed with insights, networking opportunities, trend predictions and so much more. This year, the spring event in Las Vegas was no exception. But like many other major industry events, Shoptalk can feel like you’re sprinting a marathon — there’s so […]
  1. Department: Consumer Durables
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  6. Shopper & Customer
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Amid faltering demand for shoes and clothing as well as slipping digital sales, Nike Inc. said last week that it will bank a lot more on the thing it has spent the past several years turning away from: other retailers. Executives discussed those plans on Nike’s earnings call, during which it announced that while fiscal […]

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