Retail Daily

Five grocery companies have formed a venture capital fund to invest in emerging technologies. Murphy USA is kicking off its semi-annual fundraiser Great Futures Fueled Here. And bp is investing in the future of mobility.

Colorado’s laws on who can sell wine are under review. 7-Eleven is kicking off its 60th anniversary of selling to-go coffee. And Procter & Gamble is recalling over 8 million laundry detergent packets.

Gas stations and convenience stores have been preparing for today’s solar eclipse. The Food and Drug Administration is seeking fines against retailers selling nicotine pouches to underage users.

Convenience stores saw record sales in 2023. Trader Joe’s is being accused of more union-busting tactics. And Atlantis Management Group acquired M. Spiegel & Sons Oil Corp.

Kwik Trip gets rid of bagged milk. The California Legislature considers a bill requiring one worker for every two self-checkout registers. And Kum & Go gets ready for National Burrito Day.

Amazon walks away from its cashierless Just Walk Out technology. 7-Eleven invites customers to bring their own cup. And Albertsons tweaks its loyalty program.

Convenience stores get ready for big business during next week’s solar eclipse. Indoor farming company Edible Garden announces big 2023 revenues. And 7-Eleven releases Hot Dog-flavored Water … or did they?

RaceTrac has deployed the Acumera Reliant Platform across its convenience stores. Pharmacy chain Rite Aid received permission to begin voting on a bankruptcy restructuring plan. And the Environmental Protection Agency has set new greenhouse gas standards for delivery trucks.

Food prices are expected to increase 2.5% in 2024. Maverik has revamped Kum & Go’s &Rewards loyalty program. And the Food and Drug Administration’s Center for Tobacco Products has launched a searchable tobacco products database.

Inadequate customer service is providing an early exit for Walmart from a deal with Capital One. Trader Joe’s has opened Trade Joe’s Pronto–a convenience-like “grab-pay-and-go” concept store in New York. And Maverik has returned to Montana.

The Food and Drug Administration warned more than 60 retailers for selling illegal vapes. Murphy USA is undergoing a digital transformation. And Trader Joe’s has raised the price of their bananas for the first time in store history.

Convenience-store chain Yesway is significantly expanding its presence in Oklahoma. Visa and Mastercard swipe fees hit a record high of $100.77 billion in 2023. And grocer Coborn’s is getting into the high-tech business with its salad bars.

The Federal Trade Commission accuses large grocery retailers of using pandemic-era supply chain disruptions to increase profits. Albertsons begins accepting celebrity investor Mark Cuban’s pharmacy card. And the Environmental Protection Agency releases new auto standards to reduce emissions.

DoorDash pilots a new drone delivery program in Virginia. Loblaws shoppers organize a boycott of the store over high prices. And electric vehicle charger company EVgo Inc. opens its first prefab charging station.

New York State allows pharmacists to dispense hormonal contraceptives without a prescription. Trader Joe’s announces another recall. And 7-Eleven releases a new lineup of coffee creations.

Kroger plans to sell its specialty pharmacy business. Love’s Travel Stops and Country Stores is hiring 2,000 new employees. And Walmart closes stores in California and Maryland.

Aldi prepares to release a new line of branded sneakers. 7-Eleven names a senior vice president of restaurant operations. And Dollar Tree announces plans to begin selling products for as much as $7.

SQRL expects to reopen all 210 former Mountain Express convenience stores within three months. Dollar General plans to remove self-checkout in about 300 stores. And construction is underway for Sheetz’s first Michigan store.

Buc-ee’s will soon unveil its first travel center in Colorado. Dollar General is betting it can capitalize on what it calls a “significant opportunity” to power through 2024. And Kwik Trip and the Milwaukee Brewers are partnering on a ticket deal.

Casey’s General Stores is ramping up its spring and summer store-level hiring for 2024. Dollar Tree said it plans to shutter 1,000 stores. And confectionery sales hit $48 billion in 2023.

Alltown Fresh owner Global Partners updated its logo. There’s a new update on the looming Kroger and Albertsons merger. And higher profitability inside the store buoyed Casey’s General Stores’ performance in its fiscal third-quarter 2024.

Foodservice technology company PAR Technology Corp. has acquired convenience-store and retail fuel software provider Stuzo Holdings. Presidente Supermarkets signed a lease as an anchor tenant in a new mixed-use development in Miami. And QuikTrip has purchased a Bell 429 helicopter.

Maverik’s CEO Chuck Maggelet will retire on May 1. A group is trying to break up Trader Joe’s first union. And Democratic senators are warning convenience-store retailers not to sell illegal vape products.

Pilot Travel Centers plans to add 35 travel centers and remodel more than 75 locations in 2024. Discount grocer Aldi is investing $9 billion over the next five years to open 800 new U.S. locations. And Urban Value Corner Store plans to offer autonomous checkout at its convenience stores in luxury apartment communities.

Convenience-store retailer Casey’s General Stores Inc. has acquired Panther Travel Center. A disappointing second quarter earnings sheet has United Natural Foods revising its fiscal year 2024 forecast. And GPM Investments has plans for three new c-stores.