Jon Springer

Executive Editor

Articles by
Jon Springer

Page 6
Technology

Ahold Delhaize, Quotient Debut Promo 'Amplification' Tool

A new software launching through the retailer's digital media arm delivers targeted digital ads based on scan and loyalty data to shoppers who might otherwise miss them, driving incremental trips, larger baskets and more effective weekly promos, the partners say.

Retailers

The Fresh Market Eyes an IPO

After five years in private hands and with an operating turnaround bearing fruit, the specialty fresh merchant has begun to seek a return to a public listing.

The fast-growing meal-kit company is moving to take further advantage of what it believes is a more environmentally friendly model for food retailing, says Jeff Yorzyk, its U.S. director of sustainability.

With ambitions to grow its footprint at a 10% annual clip and offering the opportunity for experienced workers to become their own boss, Grocery Outlet is generating a lot of operator interest, CEO Eric Lindberg said.

In an upbeat Q2 recap, the food wholesaler said it anticipates that CPGs will pass along rising costs and promotions as their assortments rebound; COVID sales benefits remain strong.

COVID sales trends backed by a strong operational performance helped the retailer post 16.1% sales gain in fiscal 2020, CEO Jonathan Weis said.

The Planned Grocery service, which tracks future grocery stores, has integrated a parallel database of new home development activity from a sister company.

The retailer said its smaller store, intended to showcase a revamped go-to-market strategy and support a more profitable business, will debut this year in four new-builds and one renovation.

As Kroger makes strides in improving profitability of digital, robots go to work.

Well-positioned for changing consumer behavior, the membership warehouse club is “not the same company we were 12 months ago,” CEO Lee Delaney said.

The longtime wholesale-retail partnership is extended to 2027, at which point Amazon could consider a consolidated buying solution.

The retailer said strong digital growth, 10.6% non-fuel comps and price investments helped it gain market share in the fiscal fourth quarter while setting expectations for the COVID cycle into perspective.

  • Page 6