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Supermarket/Grocery

  • Cheap gas doesn’t fuel sales in March

    Even with fuel prices continuing to be low across the nation, U.S. retail sales were stagnant in March 2016.

    According to advance data from the U.S. Department of Commerce, total seasonally adjusted retail and food services sales in the U.S. fell 0.3% to $446.9 billion compared to $448.2 billion in February 2016.

    This continued shaky performance in 2016 that has included flat sales in February and a decline in January.

  • Publix names 3 new board members

    Publix Super Markets added its soon-to-be CEO, current CFO and a retired Deloitte executive to its board of directors when the Southeast’s leading food retailer held its annual stockholders meeting on April 12.   Publix president Todd Jones, CFO David Phillips and retired Deloitte executive Jessica Blume were elected to the board of the $32.4 billion retailer.  
  • Publix names three new board members

    Publix Super Markets added its soon-to-be CEO, current CFO and a retired Deloitte executive to its board of directors when the Southeast’s leading food retailer held its annual stockholders meeting on April 12.

    Publix president Todd Jones, CFO David Phillips and retired Deloitte executive Jessica Blume were elected to the board of the $32.4 billion retailer.

  • Walmart expands curbside grocery pickup

    Customers in more cities will have an easier time shopping for the groceries at Walmart. According to Reuters, Walmart is rolling out free curbside pickup of online grocery orders to eight new cities, which will make the service available in about 200 stores in 30 metropolitan areas across the U.S. Additional cities offering grocery pickup will include Kansas City and Austin, Texas. Walmart COO Michael Bender said the retailer so far is gaining new customers and increased wallet share at stores where the service is offered and may roll it out further.

  • Report: Walmart expands curbside grocery pickup

    Customers in more cities will have an easier time shopping for the groceries at Walmart.  
  • Chicago-area shopping center sells for $20 million

    Mid-America Real Estate Corp.’s investment sales team recently brokered the sale of Oak Brook Court. Tampa, Florida-based Third Lake Capital acquired the 103,836-sq.-ft. property for $19.95 million. Oak

    Brook Court is located at the northeast corner of Kingery Highway (Illinois Route 83) and 16th Street in Oak Brook Illinois, part of the Chicago metropolitan statistical area. The center is anchored by Binny’s Beverage Depot, Office Max and The Great Escape.

  • Loblaw plans $1 billion enterprise growth investment

    Canadian supermarket and pharmacy retailer Loblaw Companies intends to expand in areas including real estate, e-commerce, IT and supply chain during 2016.

  • Study: America’s favorite grocer is…

    U.S. consumers have named their top grocery chain, and for the first time in four years it isn’t Trader Joe’s.

    Findings from an online study of more than 10,000 consumers conducted in February 2016 by Market Force Information revealed that Wegmans is America’s favorite grocery retailer. Wegmans was followed by Publix Super Markets and Trader Joe’s.

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