Target will acquire Shipt for $550 million. The deal will allow Target to offer same-day delivery at approximately half of its stores by early 2018, and the majority of Target locations by the 2018 holiday season. Groceries will be among the products available for same-day delivery at launch, and Shipt will continue expanding its partnerships with other retailers.
Lidl is abandoning plans to open stores in smaller U.S. markets such as Staunton, VA, East Lampeter Township, PA, and Austintown Township, OH, and put a location in Mantua Township, NJ, on hold. Customer traffic at Lidl's new locations has slowed following its initial success, and the company will need to find ways to increase customer loyalty, according to industry analysts.
ShopRite Supermarkets Inc., a wholly owned subsidiary of supermarket cooperative Wakefern Food Corp., has opened the 55,000-square foot ShopRite of North Greenbush, its first store in New York’s Rensselaer County. Full
Stores in Columbus, Indianapolis and a few other nearby markets began rolling out the grocer’s Prep + Pared line last week. Full
The partnership allows the mega retailer and its Jet.com arm to sell kitchenware and appliances on the network's video pages, challenging Amazon's string of deals with recipe sites. Full
Dollar General’s 4.3% third quarter same store sales increase handily exceeded analysts’ estimates and the company disclosed a massive, even by Dollar General standards, 2018 real estate plan involving new and remodeled stores. Full
Mintel, the world’s leading market intelligence agency, has announced five trends set to impact the global packaging industry over the coming year. In 2018: Packaging will play a pivotal role in reducing global food and product waste. Full
“The Prophets of Aisle Six” is brought to you by dunnhumby, a new online reality series that showcases innovation in food retail and how leading operators address key challenges with technology. Full
Leading meal kit provider Sun Basket has a few ideas about where food trends are going in the coming year. Full
Food retailers looking to get a leg up in the battle for "share of stomach" could learn a few lessons from GrubHub's Year in Delivery food trends report. Full