Popular SN Daily newsletter topics also included Ahold Delhaize, SpartanNash, Schnucks, Amazon, Publix, Fox Bros., Smart & Final and menu labeling.
Company execs discuss importance of analytics during appearance in D.C.
CEO cites momentum from new ad campaign, aggressive prices
‘Project Sunrise’ will cut annual costs by $500M annually by 2020
Eyes Amazon Prime expansion; brighter outlook on easing deflation
Competition, vendor terms, member defections hastened bankruptcy before sale could be completed
CEO cites “increasingly difficult environment for independent supermarkets”
Cannibalization, deflation and weather take a toll; guidance maintained