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Supermarket/Grocery

  • Wakefern invites shoppers to use mobile payments

    In line with driving the company’s digital services, Wakefern is turning its attention to mobile payments.   Specifically, it will enable customers to use Chase Pay when paying for groceries at its ShopRite and The Fresh Grocer stores. The mobile wallet allows customers to input Chase Visa consumer credit and debit cards into the app, then use the solution to digitally make purchases, and earn rewards. Token technology keeps payments more secures.  

  • Supervalu misses on sales, but on target with profit

    Supervalu Inc. posted disappointing sales results for its second quarter as the company continues to shift its business toward wholesale distribution.       The company released its second quarter results just days after it entered into an agreement to sell its Save-A-Lot discount grocery chain to Canadian private equity firm Onex for $1.37 billion in cash.   

  • Retailers Navigate Shifting Environmental Regulatory Landscape

    The past decade has witnessed a monumental shift in regulatory oversight of retailers’ environmental compliance programs. As a result, retailers have faced a crash course in the myriad hazardous waste control laws, once widely believed to not be relevant in the retail context.   Historically, most enforcement has been at the state and local level. But in just the past month, we’ve seen a flurry of retail-related activity from the U.S. Environmental Protection Agency, including the following:  

  • New retail powerhouse in the making?

    Lidl, the German no-frills grocery chain, is shaping up as a potential retail powerhouse even before it opens its first U.S. store.   The company will generate $8.8 billion in sales by 2023, larger than Wegman’s 2016 value of $8.1 billion, according to a just-released forecast by Kantar Retail.  

  • The New Retail: Omnichannel Strategies for Grocery Chains

    The new retail is here and a sector that is definitely feeling the wave of this reality is the grocery industry. With the strong penetration of Aldi, Amazon’s move into online grocery, Wal-Mart’s purchase of Jet.com and the dreaded arrival in the U.S. of the highly competitive German grocery store Lidl, it’s no wonder grocers are fighting for survival in this ever-changing, highly saturated environment.   

  • Watch out: Organized retail crime is on the rise — and so are the losses

    Organized retail crime does not discriminate.      In a unanimous finding, a full 100% of retailers reported that their companies had experienced ORC in the past year, up from 97% in 2015, according to the 12th annual ORC study released by the National Retail Federation. It is the first time in the survey’s history that all responding companies reported being a victim.     

  • Regional grocer expanding

    Stater Bros. continues to grow its footprint in Southern California.   The San Bernardino, California-based company announced that the Ralphs Supermarket in Riverside (California) will be converted to a “Blue Ribbon” Stater Bros. supermarket. (Stater’s “Blue Ribbon” units are energy efficient and environmentally friendly.)   At 46,000-sq.-ft., the Riverside store will undergo an extensive remodel, and reopen under the Stater banner in spring 2017.  

  • What you need to know about restrictive use clauses

    For retail tenants and landlords alike, use and exclusive use clauses, which refer to the terms written into a lease that dictates what is and is not permitted by both parties, are a critically important part of the tenant-landlord relationship and lease negotiation process. It is also a potentially contentious subject that will not only affect a retailer’s operational specifics, but can have a profound impact on the bottom line.   

  • Supervalu in $1.36 billion cash deal to sell Save-A-Lot

    Supervalu has found a buyer for its discount grocery business, Save-A-Lot.   Supervalu agreed to sell Save-A-Lot to Onex Corporation, a Toronto-based private equity firm, for $1.365 billion in cash. As part of the agreement, Supervalu will provide professional services to Save-A-Lot for five years.     The sale is expected to be completed by January 31, 2017, subject to regulatory approvals and other customary closing conditions.    

  • Retail sales mixed for September

    First the good news: Retail sales rose 0.6% in September, after falling a revised 0.2% in August, according to figures by the Commerce Department.     The increase, the most in three months, was helped by a rebound of automobile and restaurant sales.    On the less positive front, excluding autos and gasoline, sales were up only 0.1%, less than economics predicted.    

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