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David Goodman | Mar 07, 2018 |

Kohl's to add Aldi to stores in pilot program

Kohl’s announced last week that it will bring Aldi into as many as 10 stores later this year in an attempt to increase customer traffic and store productivity. The specific stores were not released. Earlier this year Kohl’s CEO Kevin Mansell said the company had “a whole list of partners” ready to fill the space […]

David Goodman | Mar 07, 2018 |

PA Dairy Farm sells 15,000 pastries on Fasnacht Day

In what apparently is an annual tradition at Oregon Dairy in Lititz, PA, Fasnacht Day was held last month and was a great success. A fasnacht is a Pennsylvania Dutch doughnut-style pastry historically served on Shrove Tuesday, also known as Fat Tuesday or Mardis Gras, to mark the beginning of fasting on Ash Wednesday. Oregon […]

David Goodman | Mar 07, 2018 |

Target ramping up CapEx, small-format stores, e-commerce efforts

Target announced earlier this week that it plans to spend about $3.5 billion on capital expenditures in 2018 (compared to $2.5 billion last year) as it accelerates investments in store remodels, small-store formats and other initiatives. The company also reported that the investments will likely have an adverse affect on profit margins. Target execs said […]

David Goodman | Feb 21, 2018 |

Albertsons and Rite Aid announce merger; new company to have $83 billion in sales

Albertsons and Rite Aid announced yesterday that the companies plan to merge into a new publicly traded entity with an estimated $83 billion in annual sales. It is expected that the deal will close during the second half of the calendar year. Here are some of the details of the planned merger:   Albertsons’ private […]

David Goodman | Feb 10, 2018 |

Amazon introduces home delivery from Whole Foods

On Thursday Amazon introduced free two-hour delivery of certain Whole Foods Market items between the hours of 8am and 10pm in select zip codes in Austin, Cincinnati, Dallas and Virginia Beach. Orders can be made via primenow.com or the Prime Now app. Amazon expects to expand the service across the U.S. later this year. According […]

David Goodman | Feb 10, 2018 |

Amazon Go: first cashier-less store opens in Seattle

Late last month Amazon opened its first Amazon Go store to the public. The store has few employees and no cashiers. Located at company headquarters in Seattle, customers with the Go app scan their smartphones and enter the store through a gate. Once inside they are free to roam the 1,800 square foot store and […]

David Goodman | Feb 10, 2018 |

Kroger to sell its 784 convenience stores

Kroger announced last week that it reached an agreement to sell its convenience store business for $2.15 billion to EG Group, a petroleum and convenience store retailer based in Great Britain. The deal includes 784 stores across 18 states. The EG Group plans to continue operating the stores under their current banners (Turkey Hill, Kwik […]

David Goodman | Jan 22, 2018 |

Walmart to increase hourly wages, expand parental benefits, close 63 Sam's Club stores

Walmart said earlier this month that it plans to increase its starting wage for all hourly workers in the U.S. to $11 per hour , pay a one-time bonus of up to $1,000 to select employees, and expand benefits for parental leave. The increased starting rate is scheduled to become effective in February for all […]

David Goodman | Jan 19, 2018 |

Kohl's plans to add groceries to select stores

According to reports, Kohl’s is looking for “well capitalized companies” that it can partner with to offer groceries and drive traffic to its stores. Kohl’s has streamlined their offerings in hundreds of stores in recent years, and several of those locations have excess space that can be used to showcase grocery items that draw customers […]

David Goodman | Jan 19, 2018 |

Kenny Family ShopRites giving bonuses as a result of tax reform

Kenny Family ShopRites, which operates six supermarkets in Delaware, announced earlier this month that as a result of the new tax reform legislation, it would give $150 to 1,000 of its non-management workers, and invest $150,000 in employee training and development. According to President and CEO Christopher Kenny, “Our ability to provide bonuses and training […]

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