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Publix Names Vice President of Finance
Today, Publix Super Markets CEO Kevin Murphy announced the promotion of Doug Stalbaum to vice president of finance, effective Jan. 1, 2025.
Stalbaum, 45, joined the company in 2019 as director of business analysis and reporting, and was promoted to his current role, vice president and controller, in 2022. Prior to joining Publix, he was a senior audit manager at an accounting firm for eight years, senior director and controller at a restaurant chain for six years and director of finance at a furniture retailer for three years. He currently...
Kroger's Freshgiving Prices are Lower than Everyday Low
The Kroger Co. today shared its zero-compromise Freshgiving meal offering customers a holiday basket that includes all the staples for less than $4.85 per person—even more affordable than the retailer's turkey day bundle last year. Complete with pumpkin pie, turkey at the center of the plate and plenty of fresh sides, this feast is sure to please.
This season, Kroger is once again offering customers an affordable meal with zero-compromise on value, convenience or quality.
"As families gather together to give thanks...
Beyond Sun Sausage™ Expands to Whole Foods Market
Beyond Meat, Inc., a leader in plant-based meat, today announced that its newest product innovation, Beyond Sun Sausage™, is rolling out at Whole Foods Market stores across the country. The expansion follows an initial successful launch in late July, with the Beyond Sun Sausage brand line quickly becoming a top selling new plant-based meat product in natural grocery retailers.
Unlike Beyond Meat’s core product portfolio, Beyond Sun Sausage is not intended to replicate beef, pork or poultry but rather be its own delicious...
Foodservice and Retail Merge as Boundaries Blur in a Transforming Market, Reports Circana
Circana, a leading advisor on the complexity of consumer behaviour, reports key shifts in the foodservice industry, revealing that traditional boundaries between foodservice and retail are becoming increasingly blurred.
The research, based on Circana’s comprehensive CREST data, reveals that European consumers spent €888 billion on food and beverages in the past year, with 37% of that dedicated to ‘immediate consumption’ options across both retail and foodservice channels.
The immediate consumption category includes food and drinks purchased for immediate use...
Publix Reports Third Quarter 2024 Results and Stock Price
Publix’s sales for the three months ended Sept. 28, 2024 were $14.6 billion, a 4.9% increase from $14 billion in 2023. Comparable store sales for the three months ended Sept. 28, 2024 increased 3.4%. The company estimates sales for the three months ended Sept. 28, 2024 increased 0.6% due to the impact of Hurricane Helene.
Net earnings for the three months ended Sept. 28, 2024 were $1.1 billion, compared to $833 million in 2023, an increase of 31.7%. Earnings per share...
Walmart Sets the Table Early With a Thanksgiving Meal for Less Than $7 per Person
Today Walmart officially launched its holiday meal, bringing customers incredible savings on mealtime favorites, earlier and at an even lower price than last year. And to help spread more joy during the season of giving, Walmart is offering customers the opportunity to gift a meal directly to loved ones anywhere in the country and, new this year, donate an entire meal to their local Salvation Army unit.
As food prices remain top of mind, more customers want to begin saving earlier...
Check Out The Super-EST Market In Town: Lidl Relaunches Brand In The US
Grocery shopping... as just another errand? Couldn't be us!
Buckle up, because Lidl US is here to take your tastebuds on a joyride through the aisles, offering the highest quality products at the lowest prices.
Introducing The Super-EST Market
We're putting the "super" in supermarket (make that The Super-EST Market) by delivering a curated collection of private label picks, global imports, and everyday name brands. With 170+ stores woven through neighborhoods across nine East Coast states and Washington, D.C...
ALDI Commits to Thanksgiving Prices Lower Than 2019, Feeding 10 People for Less than $47
This holiday season, ALDI is offering its lowest-priced Thanksgiving basket in five years – a full meal for 10 people at less than $47.* With reports showing grocery prices are up 50% across the industry on hundreds of items compared to 2019,** shoppers will get welcome relief at ALDI on their favorite Thanksgiving fixings.
Throughout the Thanksgiving season, holiday hosts can shop ALDI for all the fresh ingredients and award-winning products they need to assemble...
Wakefern Food Corp. Acquires Di Bruno Bros. Portfolio of Branded Products
Wakefern Food Corp. today announced the acquisition of the Di Bruno Bros. portfolio of specialty products that are currently distributed nationally to wholesale and retail customers.
A pioneering specialty food retailer and purveyor of gourmet cheeses and cured meats in the Philadelphia area since 1939, Di Bruno Bros. was also one of the first specialty grocers online when it began selling its products nationwide in 1998.
The five Di Bruno Bros. retail locations and a bottle shop in Philadelphia were recently acquired by DB Gourmet Markets...
Albertsons Companies, Inc. Reports Second Quarter Fiscal 2024 Results
Albertsons Companies, Inc. (the "Company") today reported results for the second quarter of fiscal 2024, which ended September 7, 2024.
Second Quarter of Fiscal 2024 Highlights
"In the second quarter of fiscal 2024, investments in our Customers...
Publix Senior Vice President Announces Retirement Plan
Today, Publix Super Markets CEO Kevin Murphy announced the retirement plan of Senior Vice President of Product Business Development Dave Bornmann after 41 years of dedicated service and the promotion of two officers effective Jan. 1, 2025.
“We are grateful for Dave’s more than four decades of dedicated service to Publix, our associates and the communities we serve,” said Murphy. “He’s been a strong leader keenly focused on growing and supporting our supplier relationships, store merchandising and replenishment, as well as emerging business and health and wellness initiatives...
Two Publix Vice Presidents Plan Retirement
Today, Publix Super Markets CEO Kevin Murphy announced the retirement of two officers and the promotion of two new officers, effective Jan. 1, 2025.
After 46 years of dedicated service, Vice President of Industrial Maintenance and Industrial Operations Purchasing Randy Barber has announced his decision to retire at the end of this year.
Additionally, after more than a decade of dedicated service, Vice President of Facilities Bob McGarrity has also announced his decision to retire at the end of 2024.
“Randy’s dedication to overseeing our non-retail locations...
Online Grocery Shopping Surges: VTEX Survey Reveals 69% of Consumers Shop Digitally
VTEX, the composable and complete commerce platform for premier B2C and B2B brands and retailers, released new research on online grocery shopping and consumer preferences. According to the survey findings, of 1,000 U.S. consumers 18 years old and older, 69% of consumers purchase groceries online in some capacity, indicating a strong and growing preference for these services.
As brands and retailers continue to explore the best ways to engage with today's consumers, the survey findings underscore the growing trend and need for grocers to adapt...
Ahold Delhaize USA Announces Leadership Changes at Stop & Shop
Stop & Shop President Gordon Reid to Retire; Roger Wheeler, Chief Commercial Officer, Ahold Delhaize USA, to Assume Role as President, Stop & Shop
Ahold Delhaize USA has announced that Roger Wheeler, Chief Commercial Officer for Ahold Delhaize USA, has been appointed President of Stop & Shop, effective Sept. 30, 2024, as current President Gordon Reid announced his plans to retire in mid-2025.
“At Ahold Delhaize USA, it’s a strength of our organization that we have a depth of internal leadership talent, which will ensure a smooth transition...
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