In this week’s recap of the Top 10 most popular Supermarket News articles, Publix readying 5‑for-1 stock split ranked as the week's top story. After the 5‑for-1 split, Publix stock will begin trading at the adjusted price of $13.76 per share, the Lakeland, Fla.-based supermarket chain said. The company announced it also plans to pay a post-split dividend of 9 cents per share to stockholders of record on May 2. Among other stories in this week’s gallery:
- Friends of the Industry marks 20th dinner at FMI Midwinter
- The Save Mart Companies names Shane Sampson executive chairman
- Instacart takes aim at ‘tip baiting’
- Bed Bath & Beyond e-marketplace goes live on Kroger.com
In other news, Walmart is raising pay for its private fleet of approximately 12,000 truck drivers and launching a new fleet development program to train the next generation of drivers. Walmart drivers can now make up to $110,000 in their first year with the company, with the potential to make even more down the road, based on factors like tenure and location.
Other top stories:
- Wakefern to pilot shelf-scanning robot
- FMI’s Jennifer Hatcher named Lobbyist of the Year
- Amazon mulls options after historic union vote in Staten Island, N.Y.
- Podcast: Hy-Vee CEO Randy Edeker talks expansion, innovation