This week in grocery, consumers seek discount food options, and Instacart ships Christmas trees. Canadian discount retailer Dollarama, which has more than 1,400 locations across the country, has benefited from consumers’ search for less expensive groceries amid rising prices and ongoing economic challenges. “We continue to...
Soon, consumers could be adding treadmills to their grocery lists. Supermarket chain Hy-Vee, which operates 280 stores across the Midwest, announced Wednesday (Sept. 8) that it is partnering with exercise equipment brand Johnson Fitness & Wellness. The retailer will feature fitness showrooms at select stores,...
Chobani is going public, and it turns out yogurt may be a hotter commodity than any of us thought. The company confidentially filed for its initial public offering (IPO) on Wednesday (July 7), and its valuation, an insider told Reuters, could exceed $10 billion. In...
In today’s top retail news, FedEx Corp. concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run by the company in the Tampa, Florida market to Fresh Encounter. Plus, PYMNTS looks back on direct-to-consumer (D2C) brands, which...
December 28, 2020
Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save A Lot Retail Partner licensee Fresh Encounter. The latter company will keep running the retail locations with the Save A Lot name, according to a Monday (Dec. 28) press release. […]
