Food retailing industry observers mull the impact of the coronavirus on potential supply-chain disruptions. One victim of the virus was Natural Products Expo West 2020, which postponed its Anaheim, Calif., show.
Meanwhile, two fiscal year financial reports saw two different results: Publix Super Markets closed out the 2019 fiscal year on up note, while posting a net gain of 30 stores, but BJ’s Wholesale Club planned to make changes after posting lackluster fourth-quarter and fiscal-year sales. New CEO Lee Delaney says, “Our priority is clear: We must grow faster.”
Meanwhile, Walmart and Amazon continue to provide interesting Supermarket News reads:
- Walmart takes aim at Amazon Prime with Walmart+; the new paid membership program reportedly may launch within weeks.
- Are Amazon’s grocery puzzle pieces coming together? Brick Meets Click’s Bill Bishop: E-tailer’s food store formats could serve the “entire geographic market.”
- Walmart integrates online grocery into flagship mobile app, so the Walmart Grocery app is slated to be shelved in the summer.
In other popular Supermarket News content:
- Target pilots Boar’s Head grab-and-go food sets
- Smart Foodservice Warehouse Stores to be acquired by US Foods for $970 million
- Keeping truckers happy can be critical to retailers’ supply chain
- Jason Potter becomes CEO of The Fresh Market as Larry Appel exits