Source: International Supermarket News A new report from research firm Numerator highlights the continuing dominance of Walmart in the U.S. grocery sector, where the retail powerhouse commands more than 20% of total food spending. In practical terms, one out of every five dollars spent on groceries is directed into Walmart’s [...]
By Michael Sainato Source: The Guardian A strike that would have seen some 18,000 workers at Costco around the US walk off the job at midnight was averted on Saturday, with the Teamsters union reaching a tentative agreement just before the deadline. Full terms of the deal have not yet [...]
Source: OC Register Thousands of Costco workers are preparing to strike with a midnight deadline drawing closer Friday while the workers’ union and the company continued to negotiate. The Teamsters union represents 18,000 Costco workers in six states: California, Washington, Maryland, Virginia, New Jersey and New York. It’s unclear if [...]
By Fiona Holland Source: Just Drinks Retailers Walmart and Costco have agreed to join Canada’s grocery code of conduct. A statement from Canada’s federal, provincial and territorial ministers of agriculture confirmed that “all major retailers” in the country, including “Loblaws, Sobeys, and Metro, and most recently, Walmart and Costco”, had [...]
By Katie Pyzyk Source: Grocery Dive Costco’s famous rotisserie chickens are getting a glow up: The widely recognizable domed rigid plastic containers housing the chickens are being replaced with flexible plastic bags — at least in some locations. A display sign accompanying the chickens at the Issaquah, Washington, store indicates [...]
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 [...]
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 [...]
By Don Day Source: Boise Dev When Kroger Co. of Cincinnati announced it would buy Boise-based Albertsons, it was tight-lipped on many details. It hasn’t said where the company would be headquartered, what would happen to Albertsons execs, or even what the name of the company would be. But it [...]
By Parija Kavilanz Source: CNN In December, Costco workers in Norfolk, Virginia voted to unionize in what they said was a bid to improve working conditions at the wholesale retail chain. Most companies tend to respond aggressively to organizing efforts, but Costco delivered a surprising response to the union win. The [...]
By Nathaniel Meyersohn Source: CNN The backlash against self-checkout is growing, and stores are starting to dial back on the technology after it exploded over the past few years. Booths, a British supermarket chain, said it’s removing self-checkout stations in all but two of its 28 stores. In the United [...]