Heather Lalley

Editor in chief, Winsight Grocery Business

Articles by
Heather Lalley

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Technology

Instacart gobbles up indie-focused e-commerce firm in latest acquisition

The same-day grocery delivery platform, which reportedly plans to go public this year, is buying Rosie, a company that offers tech-solutions for local and independent grocers.

Retailers

Target CEO Brian Cornell to stay with the retailer for 3 more years

The Minneapolis-based company scrapped its mandatory retirement age for its CEO in extending the contract of Cornell, 63, who has been with Target since 2014.

The 111,000-square-foot supermarket, scheduled to open Sept. 21, continues the retailer’s planned growth in the greater Dallas-Fort Worth area.

The same-day delivery company, which is reportedly planning to go public by the end of the year, said acquiring the tech firm will enable retailers to test real-time pricing and promotions.

It’s the first time the Walmart-owned retailer has increased the price of admission in nearly a decade, a move that comes as record inflation is prompting record membership growth.

The retail giant’s deal with Nebraska-based Sustainable Beef LLC will help the rancher-owned company build a massive processing facility, slated to open by late 2024.

The discounters are beefing up their merchandising of fresh and frozen foods, and lowering prices even further, to attract cash-strapped shoppers.

The same-day grocery delivery company, which reportedly plans to go public by the end of the year, has enlisted the Grammy winner to be the pitch woman for its major national ad campaign highlighting a new in-app discovery feature.

The e-commerce grocery delivery pioneer, which is owned by Ahold Delhaize, said the move is intended to strengthen its presence in the New York metro area.

Both retailers reported strong grocery sales Thursday, but Dollar Tree lowered its earnings forecast while Dollar General raised its full-year outlook.

The small-footprint grocery store is connected to the retailer’s EatWell natural foods market in Columbia, Missouri.

The retailer on Wednesday debuted Walmart Rewards, which offers cash back on select items for Walmart+ members. The savings can be banked in a digital wallet to save on future purchases.

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