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Supermarket/Grocery

  • Grocery Outlet to be acquired by Hellman & Friedman LLC and senior management team

    Emeryville, Calif. -- Extreme-value grocer Grocery Outlet announced that it has entered into a definitive agreement to be acquired by affiliates of Hellman & Friedman LLC along with Grocery Outlet’s senior management team from its principal owner, Berkshire Partners LLC. The terms of the transaction were not disclosed.

  • TargetExpress to open in San Diego

    Minneapolis -- Target plans to open its sixth TargetExpress store, in the South Park area of San Diego, in July 2015.

    At approximately 19,000 sq. ft., the store will be about 14% of the size of a standard Target store (135,000 sq, ft.). Similar to other TargetExpress locations, it will offer an edited assortment that is locally relevant.

  • Starbucks in agreement with ICA Sweden to open stores in Sweden

    New York -- ICA Sweden has signed a licensing agreement with Starbucks Coffee Company to open Starbucks retail stores in the grocery store channel in Sweden. The cafés will be operated by ICA according to the Starbucks licensing concept and under the Starbucks brand.

    Initially, the plan is to open three Starbucks retail stores during 2015. These will then be evaluated before a decision is made on the possible establishment of more cafés.

  • Midwest retailer Niemann Foods selects Revionics for price optimization

    Austin, Texas -- Revionics announced that Niemann Foods, a chain of grocery, pet food, hardware, pharmacies and gas stations in the Midwest, has selected Revionics as its price optimization provider.

    Revionics will be providing Niemann Foods with their SaaS-based price optimization solution, which includes robust price management, science-based optimization, forecasting, simulation and effectiveness measurement.

  • Midwest retailer Niemann Foods selects Revionics for price optimization

    Austin, Texas -- Revionics announced that Niemann Foods, a chain of grocery, pet food, hardware, pharmacies and gas stations in the Midwest, has selected Revionics as its price optimization provider.

    Revionics will be providing Niemann Foods with their SaaS-based price optimization solution, which includes robust price management, science-based optimization, forecasting, simulation and effectiveness measurement.

  • Study: Mobile rich media drives expansion, engagement

    New York - Mobile rich media advertising drives high expansion rates and secondary engagement for retail brands. According to internal retail industry mobile ad performance analyses conducted by predictive mobile advertising provider AdTheorent Inc. across its network during the second quarter of 2014, rich media drove a strong expansion rate across the retail category, delivering at a rate 125% higher than the industry average.

  • Big brands and Walmart helping with hunger

    Six of the nation’s largest food companies and the Walmart Foundation are appealing to Americans with an innovative digital campaign to direct $3.7 million in donations to food banks.

  • Fresh Thyme Farmers Market, Mount Prospect, Ill.

    There’s a new, farmers market-styled specialty grocer taking root in the Midwest: Fresh Thyme Farmers Market. With former Sunflower Farmers Market CEO Chris Sherrell at the helm, Fresh Thyme emphasizes organic foods and produce at value prices in a convenient neighborhood-store format. The company made its debut in April, in Mt. Prospect, Illinois, and went on to open six additional locations. A total of 60 stores are planned throughout the Midwest by 2019.

  • IBM and Apple ready retail apps

    IBM and Apple announced a strategic partnership earlier this year that promises to transform enterprise mobility through a new class of business apps. The companies plan to leverage their respective strengths in technology, business intelligence and user experience to create solutions that address some of the retail industry’s most pressing challenges. To better understand what that means, Retailing Today spoke with Jill Puleri, VP and global retail industry leader for IBM Global Business Services.

  • Mid-America Real Estate-Michigan arranges new leases

    Bloomfield, Mich. — Adam Goodman, VP of Mid-America Real-Estate-Michigan, announced the following leases:

    Eastpointe & Detroit, Michigan. – Gabe Schuchman and Adam Goodman of Mid-America Real Estate-Michigan signed four leases on behalf of the landlord, Curis Enterprises.  Three leases were signed at 9 Mile Road and Gratiot Avenue in Eastbrooke Commons Shopping Center in Eastpointe, Michigan.

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