Supermarket/Grocery

Bentonville, Ark. -- Wal-Mart Stores detailed a number of moves, including opening smaller stores in the United States, cutting back on overseas growth and increasing its investments in technology and e-commerce,  on the occasion of the  company’s 20th annual investor meeting.

Canton, Mass. -- Dunkin’ Donuts announced it is expanding to California's Central Valley and Central Coast, including Fresno, Bakersfield, Sacramento and Santa Barbara, Calif. The company is recruiting qualified multi-unit operators to open both traditional restaurants and a wide range of non-traditional venues, including colleges and universities, casinos, military bases, supermarkets, airports and travel centers. Over time, Dunkin' Donuts plans to have as many as 1,000 restaurants throughout the state.

Austin, Texas — Jones Lang LaSalle has hired Todd Wallace and Robert O’Farrell to lead its retail brokerage practice in Austin, Texas. Wallace joins the firm as an executive VP and O’Farrell will serve as a senior VP.

“We’re committed to growing our local market retail practice in key hubs around the United States,” said Greg Maloney, president and CEO of Retail, Jones Lang LaSalle.

Advantage Sales & Marketing has acquired food brokerage company Tri-Venture Marketing to expand its national footprint and enhance its capabilities across a range of fresh categories.

Advantage, already one of the nation’s leading providers of sales, marketing and third party merchandising support services to retailers and suppliers, will operate the new business as Advantage Tri-Venture and maintain the firm’s existing headquarters in Lakeland, Fl., which coincidentally is the hometown of leading southeastern supermarket operator Publix.

Walmart will be opening more small stores next year and beyond as the company pursues a vision of omnichannel retailing that it contends no other company is capable of executing.

Walmart U.S. president and CEO Bill Simon on Tuesday morning shared a message of physical and digital convergence involving an acceleration of smaller format stores and continued advancement of the retailer’s digital capabilities. He suggested multiple times during his presentation that the company has reached an inflection point in terms of building a next generation retail enterprise.

Chicago -- Consumers value the retail store experience on multiple levels and continue to make the vast majority of their purchases in stores, according to a new study from global management consulting firm A.T. Kearney. The report found that the physical store is the channel of choice across all ages (from Millennial to senior citizens) and household income levels (from less than $25,000 per year to more than $100,000 per year).

Pleasanton, Calif. — Dd’s Discounts recently opened nine new locations across five states as part of the retailer’s 2013 expansion program totaling 23 new locations.

The retailer now operates 131 locations in eight states. The new stores are located in California (4), Texas (2), Arizona (1), Florida (1) and Tennessee (1).

 

The Internet and mobile have transformed consumer shopping behaviors, but the in-store shopping still remains important to many consumers, especially when buying cosmetics, apparel, grocery and office supplies, according to a new study from global management consulting firm A.T. Kearney. It is important, however, that retailers strategically assess and recast the role of stores.

According to an internal memo from Family Dollar president and COO Mike Bloom, Jason Reiser has been elevated to the role of SVP/lead merchandising officer at the company.

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