Super Market

Dems call on Biden to investigate grocer price gouging

Lawmakers follow lead of Australian officials
 
Supermarket News Daily

MAY 17, 2024

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Democrats call on Biden to investigate price gouging by grocers

Lawmakers follow lead of Australian officials, who have heavily scrutinized the country’s largest grocers.

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Kroger executive compensation declined in 2023

Incentive plan pays out at 24% of target, vs. nearly 200% in 2022.

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CVS Health introduces Well Market line

The retailer’s other private-label products will be combined in the new one.

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Category update: Deli department maintains growth trajectory

Supermarket prepared food sales up 6% in April amid restaurant price increases.

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H-E-B opens ecommerce fulfillment center in suburban San Antonio

The facility aimed at supporting online sales is the grocer’s eighth to open since 2018.

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Aldi opens new store in Port St. Lucie, Florida

The Batavia, Ill.-based grocer continues its expansion.

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It’s taken a year, but the cost of groceries finally went down

Egg prices showed the biggest decline.

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Uber launches Uber Caregiver, targeting caregivers and those they assist

Beginning this summer, care-receivers will have the ability to add a caregiver to their Uber profile.

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Walgreens launches private label opioid overdose medication Naloxone

The product—which retails for $34.99, can reverse an overdose from opioids.

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Oreo’s New Sour Patch Kids Cookies

Strange yet delicious…

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The Retail Daily podcast

Democrats urge President Biden to investigate price gouging in grocery, 7-Eleven has added a new frozen pizza to its 7-Select private-label line, and more.

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Despite recent cuts, Walmart delivers on Q1 results

The retailer dropped its health clinic service and eliminated hundreds of jobs, but earnings-wise, it’s all good.

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The results are in.

Happy Friday. Whole Foods Market CEO Jason Buechel says the company is moving forward with its plan to open 30 stores a year, some of which will be in new formats like its smaller footprint Daily Shop stores.


So, we asked: Are we going to see a trend towards smaller store formats in 2024?


And you answered:

  • Yes, they’re more manageable (67%)

  • No, big still has its place (32%)

  • Other, tell us in the comments (1%)


You also said:


Robert Bly, Board Chair at TMCI

One size does not fit all in regards to the food shopping experience. Each market within each market will be the decision maker for companies. I can easily see a large footprint store along with a smaller footprint store in larger cities.


Keith Stark, Founder & CEO - Assisting Retailers, Restaurants, Medical, Hotel, Developers/Owners for over 30 years

It’s all about convenience!

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Have another thought? Weigh in on our LinkedIn poll here, or email the SN team at [email protected]., and make sure to include your first and last name and job title.. Have a great weekend.

 

WHAT DO YOU THINK?