Grocers beware, Aldi is coming for you, your margins, and your customers (protect your millennials!). The German discounter, which currently operates 1,800 stores in 35 states, was just named Retailer of the Year by Supermarket News, its second such victory in the past four years.
Dick’s Sporting Goods restricted its firearms sales in February. Dick’s posted a same-store sales dip this last quarter. Are the two related?
PepsiCo is making SodaStream into a tributary. The beverage and snack food giant purchased the at-home carbonation system for $3.2 billion dollars in what is likely to be the final big splash for soon-to-retire CEO Indra Nooyi.
Gosh, Papa John Schnatter didn’t just step in it this summer, he tracked it into the house and got it all over the carpet. You probably know what we are talking about so, at this point, we don’t need to rehash the messy particulars, but head here for the initial story and here for a postmortem if you require either. Yikes.
Costco is coming for LaCroix. Through its universally-treasured private label brand, Kirkland Signature, they are releasing three new sparkling water flavors (flavors that just so happen to be among LaCroix’s most popular) in nearly identical packaging.