• CNBC reports that Kroger “is exploring options, including a potential sale, of its Turkey Hill ice cream brand, the latest of its efforts to pare down its business as it focuses on building a grocery juggernaut to compete with the likes of Amazon and Walmart … The move follows the sale of its convenience store business earlier this year for $2.15 billion and several investments to bulk up the e-commerce end of its grocery business. Those efforts include a stake in British online supermarket Ocado, the acquisition of meal kit company Home Chef and launch of grocery delivery service Kroger Ship.”
• The South Florida Business Journal reports that Publix plans to open a fourth GreenWise Market, its health-centric natural and organic products brand. The unit will be opened in Boca Raton, Florida, making it the second GreenWise there.
According to the story, “The branding is part of Publix's goal to compete in a market where demand for natural and organic products is growing. In South Florida, there has been an increase of such grocers in recent years, including Sprouts Farmers Market and Lucky's Market.” Lucky’s is benefitting from an investment by Kroger.
• The South Florida Business Journal reports that Publix plans to open a fourth GreenWise Market, its health-centric natural and organic products brand. The unit will be opened in Boca Raton, Florida, making it the second GreenWise there.
According to the story, “The branding is part of Publix's goal to compete in a market where demand for natural and organic products is growing. In South Florida, there has been an increase of such grocers in recent years, including Sprouts Farmers Market and Lucky's Market.” Lucky’s is benefitting from an investment by Kroger.
- KC's View:
