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The grocery price wars begin

Our analysts predict continued uncertainty throughout 2024
 
Supermarket News Daily

JANUARY 8, 2024

Grocery Battlefield 2024: Food retailers put up their mitts in the pricing arena

Analysts see low-price formats continuing to gain market share, while traditional players evolve their strategies around health, technology, and store experiences.

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Bernard ‘Bernie’ Francis Kenny, Jr., former CEO of 6 ShopRite stores, dies at 85

The former grocery chain owner also was founder of the Kenny Family Foundation, a nonprofit organization that donated millions to charitable causes throughout Delaware.

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Sam’s Club vendor of charcuterie board recalls 11,000 pounds of product

Sampler tests positive for salmonella in Minnesota.

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More Walmart locations will have poke bars in 2024

California, Utah stores set to carry the fast-food option.

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CVS rebrands loyalty program

The program will now include two membership tiers: ExtraCare and ExtraCare Plus.

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Harris Teeter now offers 24/7 floral delivery

Shoppers can take advantage of service thanks to a partnership with FTD.

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Foxtrot opens newest store in Washington, D.C.

The convenience retailer opened another D.C. location in Logan Circle in November and has recently opened three others in Dupont Circle, Georgetown, and Farragut Square.

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CVS names new CFO, other executive appointments

SVP of Corporate Finance and interim CFO Tom Cowhey has been formally named as the company’s next CFO.

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5 things: Are consumers burnt out on choices?

Here’s 5 things you may have missed in grocery.

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Welcome to the Retail Daily podcast

Produced in cooperation with editors from CSP Daily News, the Retail Daily features the day’s top headlines from the grocery and c-store industries.

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Consumers are getting less choices, from both CPG companies and grocery. According to data from tech company Shelf Engine, large grocery stores have reduced fresh-food offerings such as fruit, dairy products and deli meats by 15% to 20%. So far, consumers don ’t seem to mind having less procust choices. Is this trend going to continue? Or will consumers soon want their million options back? 

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Let us know in the comments here , or email your thoughts to the SN staff at [email protected]. Be sure to include your full name and work title. And have a great day.

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