Neil Falcone takes over from company veteran Doug Wille as CFO
Retail grocery cooperative Wakefern Food Corp. has appointed Neil Falcone as chief financial officer and Karen Meleta as chief communications officer, a newly created position.
Keasbey, N.J.-based Wakefern said Friday that Falcone, formerly vice president of ShopRite Financial Services (SFS) and corporate finance, succeeds Douglas Wille, who retired as CFO after serving in that role since 2007.
Wakefern noted that Falcone (left) brings significant retail experience to the CFO role, in which he and his finance team are developing key tools and technology to provide financial services and analysis for the cooperative’s members and supermarket banners.
Giant adopts HowGood ratings system, Wakefern joins Beyond the Bag
A pair of regional grocers, The Giant Company and Wakefern Food Corp., have embarked on new efforts to reduce waste and promote sustainable retailing.
Carlisle, Pa.-based Giant, part of Ahold Delhaize USA, has adopted the HowGood ratings system to help customers gauge product sustainability while shopping. Meanwhile, Wakefern the parent of the ShopRite supermarket chain has joined the Beyond the Bag Initiative, a coalition to find eco-friendly options to the single-use plastic shopping bag now used by mass retailers nationwide.
Giant said yesterday that customers of its Giant Direct and Martin’s Direct online grocery platforms can now access HowGood environmental and social impact ratings. Describing itself as the world’s largest product-sustainability database, High Falls, N.Y.-based HowGood analyzes each product ingredient against environmental and social criteria including farming practices, trea
A number of regional businesses, including a pair from Bedford County, will be taking part in a sweet promotion for online retailers.
More than a dozen businesses have signed up for the Sweetheart Market, a Valentineâs Day promotion organized by Startup Alleghenies.
A news release from the organization states that, âNow more than ever, it is important to shop local. That is why Startup Alleghenies launched the online market to support the entrepreneurs and small businesses in the Alleghenies, who have come up with creative ways to celebrate Valentineâs Day with romantic and family-friendly ideas and limited-time offers.â
Wakefern Food Corp. has embraced new ad technology.
The retailer-owned cooperative has launched CitrusAd’s retail media technology for sponsored products and display ads across its e-commerce platform. CitrusAd’s deep understanding and first-hand knowledge of retail grocery drives innovation and helps retailers and CPG brands become more agile at a time when grocery e-commerce is growing rapidly.
Using the CitrusAd technology, Wakefern can offer brands the ability to launch sponsored product campaigns and display media across its desktop and mobile web e-commerce platforms to enhance the shopping experience for customers.
Online grocery was fast tracked by nearly 10 years during the first three months of 2020, when more customers turned to online shopping during the onset of the pandemic. This rapid growth in online grocery shopping is driving retailers to offer more digital ad technology and shopping experiences that are tailored to appeal to individual shopper needs.
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