Jon Springer

Executive Editor

Articles by
Jon Springer

Page 2
CPG

How the Pandemic Put Brand Loyalty Up for Grabs

When stocks were depleted at the onset of the COVID crisis, consumers didn't stop buying, but pivoted, highlighting a need for "rugged" and flexible supply chains and attention to new channels and opportunities, a new report says.

Retailers

Ahold Delhaize Board Chairman to Retire

Former Ikea CEO Peter Agnefjall to succeed Jan Hommen at the head of the retailer's supervisory board effective Jan. 1.

The units from Volta, coming to 100 stores by next year, will support the brand's sustainability goals while providing new marketing opportunities to reach drivers, the retailer said.

Powered by Ocado's robotics and software, Voila by Sobeys has begun taking orders near Toronto.

Striking while COVID demand drives historic gains in sales, the stock sales could generate more than $1.3 billion for outgoing owners.

Investments in online shopping and other "moats" of Restock helped the retailer bank record volume gains.

Comparable-store sales jump by 19% and digital sales up by 92% as profits soar on eating-at-home trends despite higher costs.

As a recession takes hold, the discounter keeps an eye on vulnerable core shoppers—and welcomes wealthier new visitors, CEO Todd Vasos says.

The $2-per-hour increase meets the retailer's 2017 goals; one-time bonus comes as premium pay ends and some COVID health benefits are extended.

In a 32-page report, the retailer outlined 6 salient human rights issues to be embedded within its brand and corporate strategies.

The switch, effective July 1, will grow the United banner in Odessa and Midland markets; Albertsons Market to continue in New Mexico.

Citizens Commercial leads $150M revolver as the discounter eyes a wholesale transition.

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