Corporate Governance

Publix is joining Costco, Whole Foods and other retailers in providing grocery delivery service through a partnership with Instacart.   Publix announced Wednesday that it would begin its Instacart service in select areas of Miami beginning July 12. Instacart is an e-commerce and delivery service that allows customers to place their grocery orders online and have their items delivered right to their doorsteps. Customers can place orders by visiting www.instacart.com/publix.  

The July Fourth long weekend was not a happy one for many users of the Etsy online marketplace, which has been hit by lingering transactional problems.   Since July 1, what Etsy has described as a third-party payments processing issue has left thousands of purchases in limbo. A thread in the “Bugs” section of the Etsy online community forum has registered more than 4,000 complaints from buyers and sellers who cannot complete transactions. Etsy users have also been venting their frustrations on Twitter and Reddit.

Wilder Companies executives have an image upgrade in mind for the Nod Brook Mall in Avon, Connecticut, a 100,000-sq.-ft. open shopping center they bought this week. The affluent bedroom community outside Hartford boasts an average household income of almost $160,000, according to Wilder, which will recast the center as The Shops at Nod Brook.  

Petco will not be taking it easy this summer.   As part of a 2016 growth plan which includes 26 new Petco stores and one new Unleashed by Petco location, the specialty pet supplies retailer will open five new Petco stores across the country in July. In addition to the five new stores, the company is also remodeling 12 stores in Seattle, one in San Diego, expanding one store in Heath, Ohio, and relocating one store in Middleburg Heights, Ohio.  

With nearly 1,300 locations spread across 34 states, Ross Dress for Less makes the claim that it is the nation’s largest off-price apparel and home fashion chain. With a mass grand opening of 24 more stores set for July, the chain clearly intends to hold on to that distinction.   New Ross locations will spring up in 14 states, with Wisconsin hosting four of them -- in Brown River, Onalaska, Racine, and West Green Bay.   

Supervalu Inc. will serve as primary wholesaler for Indianapolis-based Marsh Supermarkets.   Supervalu has entered into a long-term supply agreement with, and will also provide some professional services to Marsh, which operates approximately 70 Marsh Supermarkets and O’Malia Food Markets stores across Indiana and Ohio. Marsh also operates 38 pharmacy locations.  

Walgreens Boots Alliance reported climbing sales and profits in a generally successful third quarter of fiscal 2016.  

  Photo: Matt Middlebrook   Heralding it as first for real estate development companies, Caruso Affiliated CEO Rick Caruso announced the formation of a Strategic Development and Innovations division focused on helping retailers harness new technologies serve a complex and fluid customer base.