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So far richie has created 748 blog entries.

4 ways Walmart is working to enhance its growth momentum

By Nate Delesline III Source: Retail Dive Even as consumers continue feeling pressured by inflation and the economic environment, Walmart has been able to sustain solid financial performance. In 2023, the retailer reported a 6.7% rise in total revenue to $611.3 billion. Still, the company is trying to stay ahead [...]

2024-02-20T09:16:40-08:00February 15th, 2024|Tags: |

Kroger’s CFO left for a rival. What does that say about its merger with Albertsons?

Source: Grocery Dive Kroger has been a near-constant lightning rod for attention ever since it announced plans to buy Albertsons more than a year ago, but one of the most electrifying updates surrounding the supermarket giant since it announced the deal struck this week. On Monday afternoon, Kroger announced that [...]

2024-02-12T08:34:15-08:00February 9th, 2024|Tags: , , |

Amazon Chips Away at Walmart Grocery Lead With Unified Pickup Options

Source: PYMNTS.com As Amazon continues to try to shrink the gap between its own share of consumers’ grocery spending and Walmart’s, the eCommerce giant is retooling its mass-market brick-and-mortar offerings and looking to provide one-stop pickup options. On Amazon’s latest earnings call, CEO Andy Jassy noted that the company has already [...]

2024-02-12T08:32:19-08:00February 9th, 2024|Tags: , |

Costco taps former Kroger finance chief to serve as CFO

By Catherine Douglas Moran Source: Grocery Dive Costco announced Tuesday that Richard Galanti is leaving the company after nearly 40 years as its CFO, effective March 15. The club retailer has appointed Gary Millerchip, previously Kroger’s CFO and senior vice president, as Galanti’s successor. Millerchip brings 15 years of experience [...]

2024-02-12T08:32:31-08:00February 7th, 2024|Tags: , |

Trader Joe’s Challenges Labor Board’s Constitutionality Amidst Union-Busting Accusations

Source: Brentwood News A National Labor Relations Board (NLRB) hearing in Connecticut on January 16 was the moment when grocery chain Trader Joe’s raised a constitutional challenge against the National Labor Relations Board (NLRB), taking a similar stance to SpaceX. Not surprisingly, both companies are facing labor-related cases. The NLRB [...]

2024-02-01T10:03:13-08:00February 1st, 2024|Tags: , , |
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