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The latest news and analysis of U.S. grocery, mass, drug, discount and club retailers, including financial, executive leadership and mergers and acquisitions.
Millennials rate core experience factors lowest compared to older shoppers
Initiative part of Restock strategy to build partnerships and e-commerce platforms
Services are planned in Virginia Beach, Va. this week for Macon Brock, Jr., a co-founder and former CEO and chairman of Dollar Tree Inc.
The initiative is part of a new multiyear agreement between the companies.
The deal marks the second completed acquisition of 2017 for Supervalu as it continues to invest in growing its wholesale business.
German hard discounter Lidl says smaller stores will accelerate expansion while pausing its prototype rollout in some markets.
Ingles Markets’ comparable store sales in its fiscal fourth quarter increased by a robust 3.6% behind increases in store traffic and higher average ticket, and aided by incremental sales triggered by hurricanes affecting its Southeast markets.
Led by soaring volumes from the Amazon-Whole Foods honeymoon, natural products distributor United Natural Foods Inc. saw stronger-than-expected sales in its fiscal first quarter.
Sandra Buffa will retire Dec. 31.
Ahold Delhaize has evolved to become Ahold Delhaize USA, which will be led by Kevin Holt as CEO and which will serve as the parent company for all of the latter's U.S. companies.
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