Supermarket/Grocery

2016 Retail IPO Outlook
When providing the BDO retail IPO outlook for 2015 at the beginning of this year, we asked: Will consumer businesses face a potential Alibaba hangover in 2015?
H-E-B to open convenience store format
Citing a Virtual Builders Exchange report, the San Antonio Business Journal last week reported H-E-B would be opening a pureplay convenience store operation with plans to construct a 7,500-sq.-ft. convenience and fuel center.

Supermarket chain names CEO

The Golub Corp., operators of the Price Chopper grocery store chain, named Scott Grimmett as president and CEO. Grimmett, who has been part of the family-owned company’s succession plan since joining Golub in January 2012 as executive VP and COO, is the first non-family member to head up the chain. He replaces Jerry Golub, who has been appointed vice chairman of the board
Report: H-E-B to open convenience store format

Citing a Virtual Builders Exchange report, the San Antonio Business Journal last week reported H-E-B would be opening a pureplay convenience store operation with plans to construct a 7,500-square-foot convenience and fuel center. "The convenience store market in San Antonio has become increasingly competitive over the past few years, made even more so with local CST Brands agressive expansion plans," the business journal reported.
Publix names senior VP of retail ops, plus two new VPs

Publix Super Markets continues to make news on the executive front.
Cash still king for many consumers

Even in today’s expanding market of digital payment options, cash remains a leading payment form.

That’s according to a survey of over 1,000 consumers by Cardtronics. It shows that in spite of people having access to and using a greater variety of payment methods, cash remains widely used and frequently selected for making all sorts of payments.
Walmart closing unprecedented number of stores

Walmart said it will close 269 stores worldwide this year, including many of its smallest stores, in an unprecedented move CEO Doug McMillon characterized as being more disciplined about growth.
Fresh delivery market gets new player

Move over, Amazon, Target and Google – the fresh delivery space is getting a little more crowded.

FreshDirect, the New York-based online provider of custom and prepared grocery items and meals, is launching a mobile one-hour fresh item delivery service.
Former Sports Authority exec lands tasty CIO role

Veteran retail information technology executive Kathy Persian is the new CIO at a leading integrated food retailing company.

The Schwan Food Company named Kathy Persian senior VP and CIO with responsibility for the strategic direction and execution of the company’s information services department.
Northgate González Markets purchases property for store relocation

Newport Beach, Calif. -- X Team International announced that partner Strategic Retail Advisors negotiated the purchase of a 104,423-sq.-ft. property at La Habra Towne Centre located in La Habra, California, on behalf of Northgate Gonzalez Markets.

La Habra Town Centre is situated on 9.2 acres and is currently home to CVS, Petco and Jack in the Box. Nelson Wheeler and Blaine Bush of SRA represented Northgate Gonzalez Markets. Jones Lang LaSalle represented the seller.
Publix Super Markets CEO is stepping down

Publix Super Markets is getting a new CEO after Ed Crenshaw announced his retirement on Wednesday.

The company announced that Crenshaw will step down effective April 30. Upon Crenshaw’s retirement, current company President Todd Jones will become president and CEO.
Publix Super Markets' CEO to retire

Publix Super Markets named a new CEO to replace current chief executive Ed Crenshaw, who announced his retirement on Wednesday.

The company said that Crenshaw will step down effective April 30, 2016. Upon his retirement, current company president Todd Jones will become president and CEO.