Jon Springer

Executive Editor

Articles by
Jon Springer

Page 3

Grocery, E-Commerce Pace Walmart Q1 Comp Gains

The retailer said U.S. comps improved by 3.4% led by fresh food and private label.

Retail Foodservice

Sprouts Touts Benefits of Deli-Forward Prototype

Improved meal merchandising boosts store productivity and guest experience, interim CEO said.

The retailer is partnering with a private investment firm to identify and grow new consumer brands as it transforms "from grocer to growth company."

With discounting a "new normal," the extreme value retailer eyes 10% annual store growth in ambitious IPO filing.

Move builds on Cargill’s other partnerships in alternative protein.

The retailer said the offer would reach shoppers of 1,600 stores this year as the delivery race intensifies.

A lively spot sets the retailer's new slogan to music and shows off rebranded stores as it seeks to win back shoppers lost to labor strife.

Although sales growth remains on plan, a cut-fruit recall, foodservice losses and struggling retail stores dim outlook for distributor.

The change, which will result in the closure of eight company-owned frozen distribution centers and about 4,000 layoffs, continues cost-cutting trend among big brands while meeting new demands of retailers, say company executives.

Frans Muller said it was a "pity" that workers walked off because the agreement ultimately met the company's goal of containing costs; will invest to to win shoppers back.

The struggling discounter could sell all or part of itself to address debts amid transformation.

Anne Dament, who headed retail and private brands for Supervalu, is out as new parent looks to unload stores.