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Search resuls for: "Jaewon Kang"


25 mentions found


☆ Instacart Shares Climb 12% in Stock Market Debut
  + stars: | 2023-09-19 | by ( Jaewon Kang | Corrie Driebusch | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/instacart-stock-cart-trading-nasdaq-2e0c060e
Persons: Dow Jones Organizations: nasdaq
☆ Instacart Prices IPO at $30 a Share, at Top End of Expectations
  + stars: | 2023-09-19 | by ( Corrie Driebusch | Jaewon Kang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/instacart-prices-ipo-at-30-a-share-at-top-end-of-expectations-a33bb62c
Persons: Dow Jones
☆ Instacart Set to Raise IPO Price Target After Successful Arm Debut
  + stars: | 2023-09-15 | by ( Jaewon Kang | Corrie Driebusch | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/instacart-set-to-raise-ipo-price-target-after-successful-arm-debut-e2807fcb
Persons: Dow Jones, e2807fcb
☆ Instacart to Target Much-Diminished Valuation Range of Under $10 Billion in IPO
  + stars: | 2023-09-10 | by ( Corrie Driebusch | Jaewon Kang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/instacart-to-target-much-diminished-valuation-range-of-under-10-billion-in-ipo-45c22724
Persons: Dow Jones
☆ Kroger Says Supermarket Sales Are Under Pressure as Shoppers Pull Back
  + stars: | 2023-09-08 | by ( Jaewon Kang | Denny Jacob | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/kroger-kr-2q-earnings-report-2023-e40fab70
Persons: Dow Jones Organizations: kroger, kr
☆ Mac-and-Cheese Fans Noodle Around With Elaborate Recipes
  + stars: | 2023-08-31 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/arts-culture/food-cooking/mac-and-cheese-recipes-homemade-acb6524e
Persons: Dow Jones
☆ Instacart Files for IPO, Shows Growing Profitability
  + stars: | 2023-08-25 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/instacart-files-for-ipo-shows-growing-profitability-97027acf
Persons: Dow Jones
☆ Jaewon Kang — Reporter at The Wall Street Journal
  + stars: | 2023-08-19 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
Jaewon KangJaewon Kang covers food retail from The Wall Street Journal's corporate bureau in Chicago. She writes frequently about changes across the U.S. food industry and consumer behavior. Jaewon previously covered private equity for the Journal in New York. Before joining the Journal, she was a reporter at the Deal where she wrote about the telecommunications industry. She studied journalism and comparative literature at New York University.
Persons: Jaewon Kang Jaewon Kang Organizations: The, Kroger, Albertsons, Journal, New York University Locations: Chicago, U.S, New York
☆ How Kroger Became the Biggest Sushi Seller in America
  + stars: | 2023-08-18 | by ( Jaewon Kang | Photographs Julie Renée Jones For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/how-kroger-became-the-biggest-sushi-seller-in-america-d6ad149
Persons: Dow Jones Organizations: kroger
☆ Restaurants and Supermarkets Are Brawling Over Your Dollar
  + stars: | 2023-08-13 | by ( Jaewon Kang | Heather Haddon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/restaurants-and-supermarkets-are-brawling-over-your-dollar-8a764eaa
Persons: Dow Jones
☆ Scammers Target Stores With Bomb Threats, Seeking Bitcoin and Gift Cards
  + stars: | 2023-06-25 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/scammers-target-stores-with-bomb-threats-seeking-bitcoin-and-gift-cards-49a2e87c
Persons: Dow Jones
☆ ‘Go Back and Get the Bread Sliced!!!!!!’: Instacart Warns Customers Over Rude Behavior
  + stars: | 2023-06-21 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/instacart-shoppers-rude-customers-grocery-apps-22ef795b
Persons: Dow Jones
☆ Do You Yell at Instacart Shoppers? You Might Get Blacklisted
  + stars: | 2023-06-20 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/instacart-shoppers-rude-customers-grocery-apps-22ef795b
Persons: Dow Jones
☆ Higher-Income Grocery Shoppers Are Shaking Off Higher Prices, Kroger Says
  + stars: | 2023-06-15 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/kroger-kr-q1-earnings-report-2023-10d4ee78
Persons: Dow Jones Organizations: kroger, kr
☆ Eggs Are Going on Sale Just Months After Prices Hit Records
  + stars: | 2023-06-04 | by ( Jaewon Kang | Patrick Thomas | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/eggs-are-going-on-sale-just-months-after-prices-hit-records-e6e13aae
Persons: Dow Jones
☆ America’s Snacking Binge Shows No Sign of Slowing
  + stars: | 2023-05-15 | by ( Jesse Newman | Jaewon Kang | ) www.wsj.com   time to read: 1 min
U.S. consumers are gorging on snacks, fueling boom times for cookie and candy giants while other packaged-food companies vie for bigger shares of the snack aisle. Nearly half of U.S. consumers are eating three or more snacks a day, up 8% in the past two years, according to Circana Group, a market-research firm. U.S. snack sales rose to $181 billion last year, up 11% from the year prior, the firm said.
☆ America Is Binging on Snacks, and Food Companies Are Eating It Up
  + stars: | 2023-05-15 | by ( Jesse Newman | Jaewon Kang | ) www.wsj.com   time to read: 1 min
U.S. consumers are gorging on snacks, fueling boom times for cookie and candy giants while other packaged-food companies vie for bigger shares of the snack aisle. Nearly half of U.S. consumers are eating three or more snacks a day, up 8% in the past two years, according to Circana Group, a market-research firm. U.S. snack sales rose to $181 billion last year, up 11% from the year prior, the firm said.
☆ Biggest Grocery Union Opposes $20 Billion Kroger-Albertsons Deal
  + stars: | 2023-05-04 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
Kroger says it wouldn’t lay off front-line workers from stores that might need to be divested as part of a deal to acquire Albertsons. Photo: Asa Featherstone, IV for The Wall Street JournalThe United Food and Commercial Workers International Union said it opposes the planned merger between Kroger and Albertsons , adding to tensions over the $20 billion supermarket deal. UFCW International, the biggest U.S. union representing grocery workers, is concerned about what President Marc Perrone said was a lack of information provided by the companies about the merger, including on potential store divestitures. The labor group is also worried about the viability of stores that could be sold and whether buyers might be saddled with heavy debt loads, he said.
☆ The Executives Who Guide the Instacart CEO
  + stars: | 2023-04-29 | by ( Jaewon Kang | Corrie Driebusch | ) www.wsj.com   time to read: 1 min
In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those people have shaped their perspective and helped them succeed. Previous installments from the series are here. When Fidji Simo was named chief executive of Instacart Inc. nearly two years ago, the grocery-delivery company was experiencing a pandemic-driven boom.
☆ Whole Foods Plans Corporate Job Cuts, Shuffles Structure
  + stars: | 2023-04-21 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
Whole Foods Market, which operates across nine regions, will now have six. Photo: Laura Morton for The Wall Street JournalWhole Foods Market is planning to cut several hundred corporate jobs, the company said, as the grocer reorganizes its structure to simplify operations. The Amazon.com Inc.-owned grocer, which operates across nine regions, will now have six, according to a Thursday memo viewed by The Wall Street Journal. The company is adjusting structures of some corporate teams resulting in staff cuts, according to the memo. Whole Foods isn’t closing any stores or facilities, the memo said.
☆ Whole Foods Market Explores Building Off-Site Kitchens to Supply Food Bars
  + stars: | 2023-04-09 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
Whole Foods wants to improve the shopping experience for its customers. Whole Foods Market is exploring building commercial kitchens that would make prepared meals for the grocer’s food bars and refrigerated cases, people familiar with the matter said. The move is a shift for the Amazon .com Inc.-owned supermarket operator, which has outsourced much of its food production to other companies after years ago closing its own kitchens to cut costs.
☆ Instacart’s Revenue and Profit Climb Ahead of Public Listing
  + stars: | 2023-03-01 | by ( Jaewon Kang | Berber Jin | Corrie Driebusch | ) www.wsj.com   time to read: 1 min
A part-time worker for Instacart filled customer orders in New Jersey last year. Instacart Inc. generated sharply higher sales and profit in the fourth quarter, according to people familiar with the matter and an internal memo, as the company prepares for its highly anticipated initial public offering of stock. The grocery-delivery company told employees on Tuesday that its revenue increased more than 50% in the fourth quarter, compared with the same period a year earlier, while gross profit rose more than 80%, according to a memo viewed by The Wall Street Journal.
☆ Food Companies to Ex-Employees: Come Back, Please
  + stars: | 2023-02-18 | by ( Jesse Newman | Jaewon Kang | ) www.wsj.com   time to read: 1 min
Kroger has been reaching out to some ex-employees via text and email, helping lift the company’s staffing to near its prepandemic level. The U.S. food industry is tapping a new pool of workers to staff plants and grocery warehouses: their former employees. Kroger Co., the biggest U.S. supermarket operator by sales, is staying in touch with ex-employees and bringing some back. Cereal maker General Mills Inc. has persuaded some retirees to return to plant jobs, and other food-company recruiters have combed social media for former workers who might be open to coming back.
☆ Egg Prices Drop for Retailers, But Shoppers Yet to See Relief
  + stars: | 2023-02-08 | by ( Jaewon Kang | Patrick Thomas | ) www.wsj.com   time to read: 1 min
The prices of eggs rose more than any other grocery item last year, driven by avian influenza and higher feed costs. Eggs are getting cheaper for retailers. For consumers, they are still expensive. Wholesale prices of Midwest large eggs have declined to $2.81 a dozen, according to research firm Urner Barry , down nearly 50% from a record high of more than $5 a dozen in December, but higher than $1.30 a dozen in January 2022.
☆ Mondelez Expects Fewer Price Increases This Year
  + stars: | 2023-02-01 | by ( Jaewon Kang | Kathryn Hardison | ) www.wsj.com   time to read: 1 min
Mondelez International Inc. said its costs remain high, though the snack and candy producer doesn’t anticipate boosting prices for its products at the same level as in 2022. Chicago-based Mondelez, which makes Oreo cookies and Triscuit crackers, said it has raised its prices because of higher costs of energy, transportation and labor. The company said it increased prices in the U.S. in December and is negotiating in Europe.
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