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20 10, 2017

Sysco scoops up another foodservice distributor

Categories: Industry News, Hawaii, Retail|

Houston-based Sysco Corp. will acquire HFM FoodService, a Hawaii-based foodservice distributor. Houston-based Sysco Corp. (NYSE: SYY) announced Oct. 17 it will acquire HFMFoodService, a Hawaii-based foodservice distributor. The value of the deal was not disclosed, but HFM reports about $290 million in annual sales, according to a press release. Sysco plans to retain HFM’s executive leadership team and all current associates. Founded

15 10, 2017

Costco Rolls Out Same-Day and Two-Day Online Grocery Delivery

Categories: Industry News, Hawaii, Retail|

A customer carries a shopping bag inside a Costco Wholesale Corp. store in Miami,… more As more grocery stores around the country are offering delivery options, Costco Wholesale is jumping on the bandwagon. The Issaquah-based warehouse club launched a two-day "CostcoGrocery" delivery option for non-perishable grocery items this week, Chief Financial Officer Richard Galanti said on a conference

2 04, 2017

Amazon Takes On Supermarkets With Drive-Through Grocery Pickup

Categories: Retail|

Over the last couple of decades, Amazon has slowly conquered the online retail space. The Seattle-based e-commerce company has made it possible to purchase any thing from books to live ladybugs within seconds. But the site hasn't seen the same success with groceries. With AmazonFresh, a monthly subscription for pantry items, the one-click convenience became

14 01, 2017

Amazon Is Opening Drive-Through Grocery Stores!

Categories: Retail|

Whether your new baby just fell asleep on the drive to the supermarket or you accidentally wore sandals before a sudden rainstorm, nearly everybody has dreaded going into the grocery store at some point or another. That's where Amazon's upcoming grocery store concept comes in: once it opens, you won't even have to get out

9 01, 2017

Whole Foods’ New Buying Model May Result in Fewer Local Brands

Categories: Retail|

Whole Foods Market is switching to a "hybrid" buying model, in which some control is moving from local buyers to category managers at the company headquarters. National brands will deal with national category managers, while local brands will still work with local buyers, but they will be guided by the category manager, rather than making

23 12, 2016

Amazon Launches Private-Label Snack Line

Categories: Retail|

Amazon’s push into the private-label business continued this month, with the launch of its latest brand, Wickedly Prime. Unlike Amazon’s more recent entries in the private label space, such as Happy Belly, Mama Bear and Presto!, Wickedly Prime is the first brand since the debut of Amazon Elements two years ago to make its affiliation with

1 11, 2016

Safeway Acquires Family-Owned Grocery Store

Categories: Retail|

G&G Supermarkets, a landmark family-owned Sonoma County grocery business for over a half century, has been purchased by Safeway stores, the two companies said Thursday. Pleasanton-based Safeway has agreed to hire 250 G&G employees at the company’s Santa Rosa and Petaluma stores at “the same compensation or better,” said G&G CEO Teejay Lowe. The exact

17 10, 2016

Supervalu to sell Save-A-Lot to Canada’s Onex for $1.37 billion

Categories: Retail|

Supervalu Inc (SVU.N) said it would sell its Save-A-Lot business to Canadian private equity firm Onex Corp (OCX.TO) for $1.37 billion, more than a year after making public plans to spin off the discount grocery chain. Supervalu has been looking to separate the more profitable division, which also generates about a quarter of the company's

29 09, 2016

Food prices continue to fall, but not everyone can stomach them

Categories: Retail|

A dozen eggs costs less than $1. Grass-fed ground beef costs less than $5 per pound. Welcome to low food prices. For nine straight months, food prices have fallen, a pattern with little precedent outside of recessions, according to a Bloomberg report, and a trend largely attributable to a confluence of low oil and grain

12 09, 2016

Food Price Deflation Affecting Grocery Operations

Categories: Retail|

A persistent slide in food prices is putting pressure on more U.S. grocers and distributors, weighing down their stocks and prompting some to revise full-year earnings outlooks. Sprouts Farmers Market Inc. cut its quarterly and 2016 guidance Wednesday because of “significant ongoing deflation” that it said isn’t likely to let up for months. Shares of