Jon Springer

Executive Editor

Articles by
Jon Springer

Page 5
Retailers

Grocery Outlet Preps for an Unpredictable Anniversary

The discounter, which celebrates its 75th birthday this year, is keeping an eye on long-term goals and fiscal year 2019 comparisons as it laps COVID windfall and confronts post-pandemic uncertainties.

Technology

New Investment Values Instacart at $39 Billion

New funding round, which values the company at more than Kroger and Albertsons combined, acknowledges the tech platform has "unlocked" complexities of grocery e-commerce and has more room to grow.

The CEO of the meal-delivery company says pandemic aided discovery, but "no one was forced" to try it.

The retailer said it would name a successor for the 42-year veteran who has been COO since 2017 at a later date.

Zero Hunger Zero Waste Foundation casts open call seeking innovative companies that can recover and repurpose food ingredients to apply for $2.5 million funding and development program.

The Freetown Grocery distribution center is the first facility to transition from C&S, and will support self-distribution initiative and a new vendor collaboration program called ADvantage.

Basket Economics: A comprehensive reset, an unpredictable environment and, for the time being, an attractive stock price raise speculation around a Sprouts acquisition.

The natural food retailer said a structural margin improvement brought about by its new strategy and leading to robust Q4 profits can withstand flat revenues and decreasing comps as it cycles COVID benefits.

Retailers, shoppers and investors aren’t looking far to find a fresh hot seller.

Mark Ibbotson, the influential former Walmart EVP, is helping Instacart assess new technologies, sources tell WGB.

The pharmacy chain joins a growing roster of retail brands providing 1-hour delivery availability, beginning this week in Illinois.

Instacart reportedly has been in touch with multiple warehouse tech companies to explore efficient warehouses to bolster store picking, but it comes in peace, a spokesperson says.

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