Christine LaFave Grace

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Christine LaFave Grace

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Retailers

SpartanNash Promotes Retail Team Vet to VP of Finance

Tyler King, who has been with the Grand Rapids-based retailer and wholesaler since 2007, moves up from senior director to finance VP, reporting to CFO Jason Monaco.

Retailers

Grocers Ditch Deals at Their Peril, Study Finds

Consumers are still seeking out deals even as grocery retailers have scaled back promotional and everyday low pricing, TABS Analytics' annual consumer value study for food and beverage finds.

After a successful pilot of the concept in Minneapolis, the retailer will add centers, which batch and route online orders after they are picked and packed in stores, in Texas, Pennsylvania and Georgia.

The retailer saw a continuation of recent trends in the second fiscal quarter of 2021: a better-than-expected performance for the retail segment, struggles in the military division and significant labor challenges.

Matt Miner led the creation of guidance for evaluating corporate compliance programs while working as a deputy assistant attorney general in the U.S. Department of Justice.

The retailer met analysts' expectations in a second quarter that saw comp sales rise 8.9% on higher traffic and a 10% increase in digital comps.

Strong momentum for both Walmart and Sam's Club and the businesses' underlying strength will help the retailer maintain its footing in a still-unsteady environment, executives told investors.

The retailer beat sales and earnings expectations behind share gains in grocery, increased margins and a strengthening Sam's Club division.

SNAP benefits will increase by an average of $36.24 per person per month, the USDA announced, following updates to the department's 45-year-old Thrifty Food Plan.

The Newark, N.J.-based vertical farming company is expanding with a 150,000-square-foot facility outside St. Louis, and it is partnering with Cargill on a research effort focused on more-sustainable cocoa production.

Forget the "hot vax summer." It's time for faux-chicken-nugget fall. Plus, where does lab-grown meat stand to gain ground? Look to the seas, says Bloomberg Intelligence's Jennifer Bartashus.

July was a continuation of recent trends for U.S. grocery shoppers, IRI reported, as consumers ate fewer meals at home, did more of their grocery shopping in-store and spent more time in the grocery store. How rising coronavirus cases may change things in August remains to be seen.

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