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Links 1 through 10 of 846 Dan Leavitt's Bookmarks

Amazon (AMZN) has just opened its first “Amazon Go” store, where customers are able to shop for their favorite grocery items by simply picking them off the shelves and walk out without having to wait in a checkout line, the company said. The first of these stores is located in Seattle, Washington.

The company is trying to computerize the experience of buying from the corner convenience store, by using a smartphone app and various other types of technology in the store which would end up eliminating the usual cashiers and registers that typically stand between shoppers and the store exit.

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Named as one of MIT Technology Review’s top innovators under 35, Dropbox co-founder Drew Houston sat down with Ann O’Dea for an in-depth chat by a digital fireside.

Dropbox co-founder Drew Houston started coding at the age of five. As a teen, he aspired to be a game developer and signed up as an intern with an online game-maker. He was beta-testing a game and – bored and curious – discovered some security problems under the hood.

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Albertsons Cos. Inc. is said to be in “advanced talks” to acquire the 130-store Schenectady, N.Y.-based Price Chopper for about $1 billion.

Both Albertsons and Price Chopper – whose grocery stores are located in New York, Connecticut and Massachusetts and which has been owned by the Golub family since its founding – declined to comment on the speculative acquisition, with Price Chopper referring to published report as “rumors.”

A Reuters report notes that the deal would be in keeping with the tendency toward consolidation in the U.S. grocery industry, including such well-publicized deals as the Ahold-Delhaize merger this past summer, as regional chains struggle to hold their own against online retailers, mass merchandisers and deep discounters. Such pressures may have induced Schenectady, N.Y.-based Price Chopper to explore a sale.In January 2016, Scott Grimmett become the first non-family member to helm Golub Corp. as CEO. The former Safeway executive, who worked for 37 years at the

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For around $1 billion, people familiar with the matter said.
U.S. supermarket chain Albertsons Companies is in advanced talks to acquire closely held grocery store operator Price Chopper for around $1 billion, people familiar with the matter said on Tuesday.

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Recent same-store sales at Target were down 7.2 percent while Walmart reported an increase of 1.6 percent. This has left the financial community more than slightly concerned about Target’s performance.

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Looking to enter the U.S. convenience-store arena, Compañía de Petróleos de Chile S.A. (COPEC) has entered into a definitive agreement with Delek U.S. Holdings Inc. for COPEC, through its U.S. subsidiary Copec Inc., to acquire 100% equity interest in Mapco Express Inc. for $535 million.

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TEMPLE, Texas--(BUSINESS WIRE)--McLane Company, Inc., a leading supply chain services company providing grocery and foodservice solutions, announced today it has been chosen as the main distributor for fred’s Pharmacy. With more than 650 locations across the Southeastern part of the United States, this new service agreement allows McLane’s nationwide reach and expertise to consolidate the work of fred’s 60-plus previous distributors.

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Wacky flavors, clever marketing, and a push toward functional lollipops help drive hard candy segment forward.

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Amazon only will offer the private-label products to members of its $99-per-year Prime membership.
Amazon.com Inc. in the coming weeks is set to roll out new lines of private-label brands that will include its first broad push into perishable foods, according to people familiar with the matter.

The new brands with names like Happy Belly, Wickedly Prime and Mama Bear will include nuts, spices, tea, coffee, baby food and vitamins, as well as household items such as diapers and laundry detergents.

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