Retail Roundup—Subway CEO retires; Kroger doesn't need merger

Kroger (Mike Kalasnik / CC BY-SA 2.0)
Kroger's CEO says that merger will only happen if both parties stand to benefit. (Mike Kalasnik/CC BY-SA 2.0)

Subway CEO announces retirement

Subway's CEO Suzanne Greco is stepping down and will be replaced temporarily by Trevor Haynes, the head of business development. The retirement announcement came as a surprise, as Greco has held the title since the death of her brother, CEO Fred DeLuca, in 2015. (Fortune)

Yroo adds price comparisons 

Online shopping platform Yroo has launched real-time price comparisons. The marketplace uses a continuously updated catalogue of more than 150 million products on Yroo which are based on big data and artificial intelligence. (PR Newswire)

Kroger CEO says merger not necessary

Kroger Chairman and CEO Rodney McMullen said that a merger with another retailer is of consideration, but only if it would create new capabilities that neither company would have independently. Regardless if it happens or not, he says at $120 billion, Kroger is already big enough to stand as a strong force. (Dayton Daily News)

Loblaw plans nationwide home delivery

Canadian grocery giant Loblaw Companies is expanding the markets for e-commerce home delivery and in-store pickup as part of the company's battle with Amazon. Chief Executive Galen Weston says the company is selling positive traction in its 200 test stores and commuter train stations with home delivery through Instacart. (Vancouver Sun)

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