• Delhaize and Ahold this morning have announced that both companies have called Extraordinary General Meetings for March 14, at which "their respective shareholders will consider and vote on proposals to approve the intended merger between Delhaize and Ahold."
• Street Insider reports that Whole Foods has begun "pushing out digital coupons through its rewards program app in test markets (Philadelphia and Southern New Jersey)," including one that gives "$5 off any $15 purchase of Fresh Produce."
The story quotes RBC Capital analyst William Kirk as saying that the program is designed to be shopper-friendly by "pre-loading your account with the coupons," and that it is expected that a national roll-out by Whole Foods is expected in the near future.
The Wall Street Journal reports that Sports Authority "has laid off 100 employees, mostly from its corporate headquarters, further signaling trouble at the sporting goods chain, as the athletic retail market grows more competitive," a move that follows "a decision earlier this month by the company to skip an interest payment on a $300 million secured term loan, sparking concern among vendors and industry-watchers."
• Street Insider reports that Whole Foods has begun "pushing out digital coupons through its rewards program app in test markets (Philadelphia and Southern New Jersey)," including one that gives "$5 off any $15 purchase of Fresh Produce."
The story quotes RBC Capital analyst William Kirk as saying that the program is designed to be shopper-friendly by "pre-loading your account with the coupons," and that it is expected that a national roll-out by Whole Foods is expected in the near future.
The Wall Street Journal reports that Sports Authority "has laid off 100 employees, mostly from its corporate headquarters, further signaling trouble at the sporting goods chain, as the athletic retail market grows more competitive," a move that follows "a decision earlier this month by the company to skip an interest payment on a $300 million secured term loan, sparking concern among vendors and industry-watchers."
- KC's View:
