We have much more work to do to bring Stop & Shop back to its feet,” President and CEO Frans Muller said Wednesday.
The grocery wholesaler delays paying food companies for their goods and factors in “prompt-payment discounts” when it pays invoices late, according to a class action suit filed this week.
The settlement includes attorney fees of up to $149 million as part of the arrangement — nearly 11% of the total amount.
The discounter aims to remedy system inefficiencies from its tech transition last summer and refocus its pricing strategy, interim CEO Eric Lindberg told investors Tuesday.
The launch of the health and wellness line Real Root marks the completion of phase two of the specialty grocer’s private ...
Top executives at Grocery Outlet and Amazon stepped down while Albertsons announced a new chairman as part of several updates ...
SpartanNash has been bulking up on executive talent with high-level experience at other retailers as it grapples with ...
Competition, pricing and the fate of Albertsons were key points of contention in the three court battles that unfolded over a ...
Heightened shopping demand during Hurricane Helene boosted sales for the Florida-based grocer during the Q2 period that ended Sept. 28.
The grocer will convert two Dallas-area locations with more Asian-centric products, new decor, updated signage and more, a spokesperson confirmed.
Natural Grocers announced Thursday the appointment of Richard Hallé to chief financial officer, effective Jan. 1, 2025. In July, Todd Dissinger, who has served as the specialty grocer’s CFO since ...
While high food prices have dominated mainstream discourse, the industry could feel the impact of tariffs or a grocery price-gouging ban, depending on who is elected.