Lidl
Lidl has appointed a new executive in Germany to oversee its operations in the U.S., a possible signal of distress over Lidl’s U.S. entrance, according to reports out of Europe. A German business trade newspaper, citing confidential sources, reported that Michael Aranda, the former ... Read more
Albertsons
Last Wednesday, Albertsons Cos. announced its plan to acquire meal-kit delivery service DineInFresh (dba Plated). Launched in 2012, NYC-based Plated will operate as a wholly owned subsidiary of Albertsons. Financial terms of the deal were not disclosed. The transaction is expected ... Read more
Toys "R" Us
Last night, Toys “R” Us, Inc., DIP filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court in the Eastern District of Virginia. The case was assigned to the Honorable Keith L. Philips under case number 17- 34665. The company indicated that funds will be avai ... Read more
Lidl
According to its website, Lidl has opened 28 stores thus far in Virginia, North Carolina, South Carolina and Delaware. It will open its first store in Georgia, located in Augusta, on Thursday, along with another one in Virginia. Other planned openings in September are in South Carolina ( ... Read more
DUPONT, WA - SEPTEMBER 06, 2017 As the second-strongest ever recorded hurricane in the Atlantic Ocean, Irma is set to wreak havoc on Florida in the coming days. This comes on the heels of one of the largest natural disasters in U.S. history, with hundreds of retailers being forced to close their...Read more
Hurricane Irma
On the heels of one of the largest natural disasters in U.S. history, Hurricane Irma roared into the Carribean with record force early today with 185 mph winds, shaking homes and flooding buildings on a chain of small islands along a path toward Puerto Rico, the Dominican Repub ... Read more
Amazon/Whole Foods
With Amazon’s $13.70 billion acquisition of Whole Foods Market finalized yesterday, shoppers have been promised immediate markdowns on a number of items, including salmon, avocados, baby kale and almond butter. According to published reports, when stores opened yester ... Read more
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Ahold Delhaize
On August 16, Ahold Delhaize opened new Food Lion stores in Ashland, VA and Washington, NC. In addition to the new pharmacy, the Ashland store offers various prepared food offerings. The Washington store features a walk-in garden cooler in the store&rs ... Read more
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Ahold Delhaize
In Ahold Delhaize’s second quarter earnings release, management noted that inflation returned in the second quarter (up 0.8%) after a deflationary environment that persisted for more than a year. Ahold Delhaize President and CEO Dick Boer noted that the Co ... Read more
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365 by Whole Foods
Whole Foods Market will open a 365 store in Santa Monica, CA tomorrow. The 30,000 square-foot store will be the Company’s fifth 365 store. The others are located in Los Angeles, CA; Lake Oswego, OR; Cedar Park, TX; and Bellevue, WA. An Akr ... Read more
