Walmart entered an agreement to acquire Cornershop, an online marketplace for on-demand delivery of food and packaged goods from supermarkets, pharmacies and specialty food retailers in Mexico and Chile for $225 million.
Through the sale of specially-marked Food Lion Feeds bagged apples, which will retail for $2.99, the company will donate meals to local food banks in partnership with Feeding America.
Jim Donald rejoined Albertsons in March as president and COO. He takes over the CEO position from Robert Miller, who will now serve as chairman of the board.
Stater Bros. Markets announced that it is closing all 22 of its SuperRx pharmacy locations, and expects to transfer the pharmacy records and inventory to nearby CVS Pharmacy locations later this month.
The possibility of escalating tariffs is putting a damper on the otherwise healthy retail marketplace and has caused retailers to up their import orders, according to the National Retail Federation.
Amazon’s Go convenience store concept will feature a curated selection of ready-to-eat breakfast, lunch, dinner, and snack options, as well as grocery essentials.
