Grocery Chains Target The 0.7 Percent With Mobile Offers

December 20, 2013 Tom Groenfeldt, Forbes

Those coupons that used to be available from red dispensers on grocery store shelves and have moved more recently to offers printed at checkout, are increasingly moving to mobile phones. That’s courtesy of Catalina, a marketing company which helps retailers and grocery chains understand what individual customers want and then goes to work encouraging them to buy.

Nash Finch Co. To Close Blue Ash Center Operations, Lay Off 60

Nash Finch Co. will close distribution operations at its Blue Ash center in February, resulting in layoffs for 60 employees.

Kroger Planning Debt Offering For Harris Teeter Purchase

December 20, 2013 Matt Robinson, Bloomberg

Kroger, the largest U.S. grocery-store chain, intends to sell benchmark debt, typically at least $500 million, to fund its acquisition of Matthews, North Carolina-based Harris Teeter. The operator of the Kroger and Ralphs supermarkets may sell three-, five- and seven-year fixed-rate notes as soon as today, according to a person with knowledge of the transaction, who asked not to be identified because terms aren’t set. It may also issue three-year, floating-rate securities.

Online Healthier Snacking Company Graze.com Officially Launches In The US

December 20, 2013 graze

graze.com, an online retailer of healthier snacks, announces its official nationwide* launch following a successful BETA testing period. The company, formed by seven friends in 2008, is the pioneer of portioned, healthier and mailbox friendly snack boxes. graze already has over 55,000 customers or ‘grazers’ in the U.S. and over 350 employees internationally. In November 2012, The Carlyle Group became the majority shareholder, with Octopus Investments, DFJ Esprit and management owning the remaining share. In the last two years, the company has experienced international growth of over 130% and reported over $65m of revenue for the year to 28 February 2013.

Wal-Mart Drops Plans For Second Distribution Center In Fort Worth

A month after announcing a possible second Fort Worth e-commerce fulfillment center, Wal-Mart has scrapped those plans.