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Supermarket/Grocery

  • Shareholder pushing for big changes at Whole Foods

    On the heels of the announcement that Walter Robb would step down as co-CEO of Whole Foods Market, more changes may be in store the grocery chain.   One of Whole Food’s 10 largest shareholders has met with potential activist investors explore making major changes to the retail, including replacing management and exploring a sale of the company, Bloomberg reported.
  • Whole Foods to launch national rewards program

    Whole Foods Market is preparing to roll out a rewards program nationwide amid increasing competition for its shippers. .   Coinciding with the company’s “strategy around leading a race to the top in terms of a differentiated customer experience,” the grocer plans to launch the rewards program in 2017, Whole Foods’ CEO John Mackey said in the company’s earnings call on Wednesday, Nov. 2. He did not reveal a specific start-date.  
  • Safeway to acquire 87-year-old specialty grocery

    A longtime San Francisco grocery banner will soon disappear.    Safeway will acquire Andronico’s Community Markets, which operates five Andronico’s stores in the San Francisco Bay Area.     
  • Winn Dixie, Tampa

    Grocery retailer Winn-Dixie opened the second ever location of its next-generation store concept, in the Hyde Park section of Tampa, Florida.  
  • Another high-profile Target exit: Grocery chief leaving

    That was fast.   Anne Dament, senior VP of grocery merchandising for Target Corp., is leaving the chain, after less than 18 months on the job. Her last day will be Nov. 18.   Damen’s exit will mark the third high-level executive departure at Target in less than three months. In August, the chain’s chief marketing officer, Jeff Jones, resigned to join Uber. And in September, chief digital officer Jason Goldberger left.    
  • New retailers fill redeveloped New Jersey center

    Target, HomeGoods, and Petco will be opening this month at Closter Plaza, a Whole Foods-anchored center in Closter, New Jersey, undergoing a complete redevelopment.   Owner Edens has stated it is “re-energizing” the 208,337-sq.-ft. center with tenants possessing greater appeal to affluent local residents. The developer reports that the average household income within a five-mile radius of the center is $134,000.  
  • CEO shakeup at Whole Foods

    There’s going to be change in the leadership structure at Whole Foods Market that will leave founder John Mackey as the sole CEO of the company.   Walter Robb, a 25-year Whole Foods veteran, is stepping down as co-CEO of the chain, effective Dec. 31. Robb, who has shared the CEO title with Mackey for six years, will remain on the board of directors and continue to serve as a senior advisor to the company and as chairman of the Whole Kids Foundation and Whole Cities Foundation.     
  • Phillips Edison acquires two more centers

    Grocery-anchored center specialist Phillips Edison has announced the acquisition of two more centers, making it three for the week.   It purchased the 257,979-sq.-ft. Southern Palms in Tempe, Arizona, which is anchored by the fresh format grocer Sprouts and also houses Planet Fitness, Firehouse Subs, Sally Beauty, and West Marine Products.  
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