Antfin Singapore Holding Divests 2.1% Stake in Zomato for ₹4,771 Crore
In a significant move within the digital marketplace, Antfin Singapore Holding, associated with Alibaba’s Ant Financial Group, has divested 2.1% of its stake in the online food delivery service Zomato, garnering a staggering ₹4,771 crore. According to the Bureau of…
Tony’s Fresh Market Relaunches Loyalty Program, Website
Tony’s Fresh Market, a well-known grocery retailer in Chicago, is enhancing its commitment to customer satisfaction through the relaunch of its website and loyalty program. Under the guidance of Heritage Grocers Group (HGG), the updated platform focuses on an improved…
Changes at the Top of Hormel Foods’ Retail Business
Hormel Foods Corp., based in Austin, Minnesota, is experiencing a significant leadership transition within its retail division. Deanna Brady, the Executive Vice President of Retail, will officially retire at the end of the company’s fiscal year in late October, marking…
Lowes Foods Adds Another Supermarket in North Carolina
Lowes Foods is making significant strides in its growth strategy with the upcoming opening of a new supermarket in Concord, North Carolina, on August 29. Located at 2415 Herrons Nest Place NW, this store represents a new chapter for the…
Giant Co. Elevates Rebecca Lupfer to SVP, Chief Merchant
Giant Co. Elevates Rebecca Lupfer to SVP, Chief Merchant The Giant Co. takes a significant step in its leadership strategy by appointing Rebecca Lupfer as the Senior Vice President and Chief Merchant. With nearly two decades of experience in the…
2024 Grocery Shoppers: Spending Trends and What’s Next
As we approach 2024, grocery shoppers are exhibiting new spending behaviors that require retailers to adapt quickly. Insights from Upside’s inaugural Consumer Spend Report, highlighted in an upcoming webinar, reveal how rising concerns about household finances have heightened price sensitivity…
Kroger Continues Legal Maneuvering Ahead of FTC Trial
In the high-stakes world of mergers and acquisitions, few cases are as significant as the ongoing legal battle between The Kroger Co. and the Federal Trade Commission (FTC). As the federal court hearings approach, Kroger has filed a motion for…
Illinois Walmart Debuts 1st Humanoid Drink Robot in State
Richtech Robotics Inc. has achieved a notable advancement in foodservice automation with the installation of its humanoid drink robot, ADAM, at a Rockford, Illinois Walmart. This marks the state’s first deployment of such technology, showcasing Richtech’s commitment to innovate within…
Food Lion Set for Simultaneous Ribbon Cutting at 167 Updated Stores
Food Lion is making a significant impact in the Raleigh-Durham-Cary area by celebrating the grand reopening of 167 updated stores. This move follows a substantial $365 million investment aimed at enhancing the shopping experience for customers in one of the…
Vibenomics and Yahoo DSP Unite to Accelerate Retail Media's Evolution
In-store digital advertising provider Vibenomics has announced an innovative partnership with Yahoo DSP, aimed at enhancing the programmatic retail media landscape. This strategic collaboration enables advertisers to utilize Yahoo’s demand-side platform (DSP) to efficiently purchase and manage in-store audio advertising…
