Amazon Grocery Head Departs, Tractor Supply Acquires Allivet, 7-Eleven Expands Large-Format Stores
Update: 2024-10-28
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Welcome to Omni Talk's Retail Daily Minute, sponsored by Scratch Event DJs, Ownit AI, and Mirakl.
In today's Retail Daily Minute:
- Amazon Grocery Head Tony Hoggett Announces Departure: Amazon’s SVP of worldwide grocery, Tony Hoggett, will leave the company on November 1, 2024, after a pivotal tenure that oversaw operations for Amazon Fresh, Whole Foods Market, and Amazon Go.
- Tractor Supply Expands into Pet Care with Allivet Acquisition: Tractor Supply is acquiring online pet pharmacy Allivet to strengthen its foothold in the pet care sector, projected to boost its market reach by $15 billion.
- 7-Eleven to Open 600 Large-Format, Food-Centric Stores: 7-Eleven will open 600 large-format stores in North America by 2027, focusing on food and beverage enhancements as part of its “New Standard” concept. Building on the success of its Evolution stores, these locations offer expanded foodservice, EV charging, and in-store seating.
Stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights. Be careful out there!
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