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Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion

PYMNTS

Under the terms of the deal, FreshDirect will keep its brand name, be supervised by a seven-member board and continue its independent operations in New York City. Today Farmstead’s services are only available in California and in the Raleigh-Durham area of North Carolina.

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2021 GonzoBanker Awards

Gonzobanker

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. With Venmo charging 100-150bp less that the card networks, merchants will aggressively follow Amazon. The most important aspect of this deal is Huntington. Congrats on a brave move and national recognition Jim!

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Digital Sales Boost Kohl’s First-Quarter Sales Beat

PYMNTS

Going forward, Kohl’s announced in the call that the company is changing up its loyalty program, piloting the “next generation” in 100 stores in eight markets, including Raleigh, Phoenix and Austin. “We The program seeks to provide access to sales events that have “historically have been limited to Kohl’s charge card holders,” Gass said.

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