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Wal-Mart launched the price test across 11 Midwest and Southeastern states such as Iowa, Illinois and Florida, focusing on price competition in the grocery business that accounts for 56% of the company's revenue, said vendor sources with direct knowledge of the matter who did not wish to be identified for fear of disrupting business relations with Wal-Mart.

 
   Walmart's New Plan To Squeeze Prices In The Face Of Discount Chains
by Reuters
Posted: Monday, February 27, 2017 at 3:41PM EST

Wal-Mart Stores is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S. rivals like Kroger, according to four sources familiar with the moves.

Wal-Mart launched the price test across 11 Midwest and Southeastern states such as Iowa, Illinois and Florida, focusing on price competition in the grocery business that accounts for 56% of the company's revenue, said vendor sources with direct knowledge of the matter who did not wish to be identified for fear of disrupting business relations with Wal-Mart.

Wal-Mart's tests are aimed at finding the right price point across a range of products that will attract more shoppers, and then adjusting prices as needed.

To read the rest of the story, please go to: Reuters


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 Raley's Chief Operating Officer, Keith Knopf, Adds President To Title
by Raley’s
Posted: Monday, February 27, 2017 at 3:41PM EST

Raley’s Owner & CEO, Michael Teel, today announced the promotion of Chief Operating Officer, Keith Knopf to President & COO. Knopf joined Raley’s nearly two years ago, around the time Teel took majority ownership of the company. Teel will continue to direct the development of Raley’s overall strategic plan.


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 Shakeup At Supervalu's Cub Foods: President Leaves, Search For New Leader Begins
by John Ewoldt, Star Tribune
Posted: Monday, February 27, 2017 at 3:41PM EST

Eric Hymas, a senior Supervalu Inc. executive who led Cub Foods for the past year, is leaving the company. Hymas became president of Cub, the leading grocery-store chain in the Twin Cities and the largest grocery unit of Supervalu, in January 2016.


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 Food Lion To Remodel 93 Stores In Greater Greensboro, NC, Market In 2017
by Food Lion
Posted: Monday, February 27, 2017 at 3:41PM EST

Consistent with the grocer's "Easy, Fresh and Affordable... You Can Count on Food Lion Every Day!" strategy, Food Lion has announced the company will remodel 93 stores in the greater Greensboro, N.C., market in 2017. In an effort to make shopping easier and more affordable for its customers, the company will make a $178 million investment in its stores.


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 Wal-Mart's 'Test Lab' A Sign Of The Digital Times For Bricks-And-Mortar Retailer
by Marina Strauss, The Globe and Mail
Posted: Monday, February 27, 2017 at 3:41PM EST

At a time when consumers are heading less often to bricks-and-mortar stores, Wal-Mart is looking for ways to lure back shoppers by trying to speed up the checkout process (with the mobile scanners, which it will later this year replace with scanning apps on customers’ own smartphones); widening grocery aisles (by one foot to up to seven feet for easier navigation with bulky shopping carts); and focusing more on its leading products, such as toys and diapers, while directing customers to Walmart.ca for their other needs.


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