CVS Health Laying Off Nearly 3,000 Employees
CVS Health has announced plans to cut approximately 2,900 jobs as part of a broader initiative aimed at reducing costs. This move is part of a multiyear strategy to generate $2 billion in savings by streamlining expenses and investing in…
Giant Food Enables Customers to Earn Points for Flu and COVID-19 Shots
In a significant move to enhance customer engagement and promote health, Giant Food has announced a new initiative that rewards customers for receiving flu and COVID-19 vaccinations at its in-store pharmacies. This innovative approach aligns with the grocery chain’s commitment…
EXCLUSIVE: Why Target’s Good & Gather Line Hit the Mark
Target Corp. is celebrating the fifth anniversary of its beloved Good & Gather brand, which has quickly evolved into a cornerstone of their food and beverage offerings. This collection has not only solidified Target’s presence in the grocery space but…
Ollie’s Acquires Former Big Lots Stores
In a strategic move to expand its footprint in the discount retail sector, Ollie’s Bargain Outlet Holdings Inc. has emerged victorious in a bankruptcy sale, acquiring seven former Big Lots Inc. store leases. This acquisition forms a part of the…
Mollie Stone’s Markets Marks 38 Years in Business
Bay Area independent grocer Mollie Stone’s Markets is commemorating an inspiring 38 years of service this October. Established in 1986, the family-owned grocery chain has built its reputation by offering high-quality products, exceptional customer service, and a strong commitment to…
Supply Chain Issues Ahead as Port Workers Walk Off Job
The International Longshoremen’s Association (ILA) has initiated a significant strike that has implications for the U.S. supply chain. Effective October 1, the ILA announced the closure of 36 ports along the Atlantic and Gulf Coasts, which collectively handle 57% of…
KROGER IN COURT: Grocery Execs Testify in Washington as Colorado Trial Begins
The ongoing legal battles surrounding Kroger’s proposed $24.6 billion merger with Albertsons Cos. have captured significant attention, particularly in the shadow of recent courtroom testimonies. On the tenth day of the trial in Washington state, five notable executives from the…
UNFI Reports Positive Q4 Financial Results and Strategic Advancements
For its 14-week fourth quarter ending August 3, United Natural Foods Inc. (UNFI) posted significant financial results. The company saw a net sales increase of 10.0%, reaching $8.2 billion, and a comparable 2.1% growth on a 13-week basis. However, UNFI…
Giant Eagle Aims to Slash Delivery Driver Wait Time in Half
Giant Eagle Inc. is making significant strides in optimizing its last-mile delivery services through a recently expanded partnership with Flybuy, an advanced location platform developed by Radius Networks. This collaboration aims to improve the efficiency of grocery pickup operations, targeting…
Amazon Records 11 Crore Customer Visits in First 48 Hours of Great Indian Festival
Amazon’s recent Great Indian Festival 2024 has set a remarkable milestone with 11 crore customer visits within just 48 hours. This staggering number reflects not just the popularity of the event but also emphasizes the significant role that e-commerce plays…
