DXC Powers Northeast Grocery's Digital Transformation, Delivers $40 Million in Savings
ASHBURN, Va., Aug. 12, 2025 /CNW/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced its strategic role supporting the digital transformation of Northeast Grocery, Inc. (Northeast Grocery), the parent company of Market 32 and Price Chopper and Tops Friendly Markets (Tops). Through this collaboration, DXC led the modernization of Northeast Grocery's IT infrastructure, delivering more than $40 million in savings over five years and setting the stage for future innovation.
Since 2008, DXC has supported Tops through many milestones of growth and evolution. This includes the 2021 merger between Market 32 and Price Chopper and Tops– two leading grocers in the northeastern United States operating nearly 300 stores. Northeast Grocery sought to create operational efficiencies through the consolidation of its IT infrastructures and selected DXC to lead this critical transformation, helping to optimize its operations, simplify complexities and accelerate its roadmap for innovation, including leveraging generative AI.
"As part of our merger, we needed to realize productivity gains and drive synergies as we unified our mainframe infrastructure," said Scott Kessler, EVP and CIO at Northeast Grocery. "Throughout the transition, DXC enabled us to continue offering our customers the excellent service they've come to expect and helped us prepare for the future as we endeavor into AI and other next-generation technologies."
DXC provides comprehensive support to Northeast Grocery to optimize operations and maximize IT investments, which recently included updating its mainframe system with a zLinux environment to increase compute capacity. These modernization efforts empower Northeast Grocery to focus on growth, innovation, and customer experience, paving the way for future growth. DXC also supports the grocer's software engineering and IT operations managed services, as well as its internal device management and workplace collaboration across business operations.
"At DXC, we are committed to helping customers maximize the value of their technology investments and build for the future," said Chris Drumgoole, President, Global Infrastructure Services at DXC. "By modernizing Northeast Grocery's IT infrastructure, we've helped deliver significant cost savings and greater operational efficiency, allowing them to reinvest in stores, customer experience, and future innovation. We look forward to continuing our collaboration, integrating AI and accelerating their digital transformation."
For more information on DXC and Northeast Grocery's partnership, visit here.
About DXC Technology
DXC Technology (NYSE: DXC) is a leading global provider of information technology services. We're a trusted operating partner to many of the world's most innovative organizations, building solutions that move industries and companies forward. Our engineering, consulting and technology experts help clients simplify, optimize and modernize their systems and processes, manage their most critical workloads, integrate AI-powered intelligence into their operations, and put security and trust at the forefront. Learn more on dxc.com.
About Northeast Grocery
Headquartered in Schenectady, NY, Northeast Grocery, Inc. (Northeast Grocery) is the parent company of Market 32, Price Chopper, and Tops Friendly Markets, which collectively operate nearly 300 supermarkets across New York, Massachusetts, Vermont, Connecticut, Pennsylvania, and New Hampshire and employ more than 30,000 teammates/associates. Northeast Grocery is No. 46 on The PG 100, Progressive Grocer's 2025 list of the top food and consumables retailers in North America. With more than 150 years of industry leadership combined, Market 32, Price Chopper, and Tops share longstanding traditions of innovative food merchandising and exceptional customer service and are driven to provide sustainably sourced, high-quality products to nourish the communities in which they operate while reducing environmental waste and energy consumption. For additional information, please visit www.pricechopper.com and www.topsmarkets.com.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
2 hours ago
- Globe and Mail
XIFR INVESTOR ALERT: Kirby McInerney LLP Alerts XPLR Infrastructure, LP f/k/a NextEra Energy Partners, LP Investors of Important Lead Plaintiff Deadline in Class Action Lawsuit
The law firm of Kirby McInerney LLP alerts investors of the imminent September 8, 2025 deadline to seek the role of lead plaintiff in a federal securities class action filed on behalf of investors who acquired XPLR Infrastructure, LP f/k/a NextEra Energy Partners, LP ('XPLR' or the 'Company') (NYSE:XIFR) securities during the period from September 27, 2023 and January 27, 2025 ('the Class Period'). The firm encourages investors to contact the firm as soon as possible to be appointed lead plaintiff. [ LEARN MORE ABOUT THE CLASS ACTION ] On January 28, 2025, XPLR announced that it would suspend cash distributions to common unitholders entirely and essentially abandon its yieldco model. In a press release, XPLR revealed a strategic repositioning and stated that the Company was moving from a business model that focused almost entirely on raising new capital to acquire assets while distributing substantially all of its excess cash flows to unitholders to a model in which XPLR Infrastructure utilizes retained operating cash flows to fund attractive investments. In addition, XPLR announced that the Company's CEO and CFO had both resigned and been replaced. On this news, the price of XPLR's common units declined by $5.31, or approximately 33.6%, from $15.80 per unit on January 27, 2025 to close at $10.49 per unit on January 29, 2025. The lawsuit alleges that XPLR made materially false and/or misleading statements regarding the Company's: (i) struggle to maintain its operations as a yieldco; (ii) financing arrangements which were made while downplaying the attendant risks; (iii) inability to resolve those financings before their maturity date without risking unitholder dilution, and (iv) plan to halt cash distributions to investors and redirect funds to resolve those financings. If you purchased or otherwise acquired XPLR securities, have information, or would like to learn more about this investigation, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@ or fill out the contact form below, to discuss your rights or interests with respect to these matters without any cost to you. [ CONTACT FORM ] Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP's website. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


Toronto Star
3 hours ago
- Toronto Star
Brown & Brown, Inc. acquires the assets of Tire Shield
DAYTONA BEACH, Fla., Aug. 12, 2025 (GLOBE NEWSWIRE) — J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Mark N. Otto, the owner of Tire Shield, Inc. ('Tire Shield'), today announced that Brown & Brown Dealer Services ('BBDS') has acquired the assets of Tire Shield. Founded in 1997, Tire Shield offers administrative services for dealers and agents providing tire and wheel road hazard products and GAP waiver products for the RV, Automotive and Power Sports Industries. The Tire Shield team will join Brown & Brown Dealer Services and continue to operate from their offices in Las Vegas, Nevada. The team will report to William Kelly, president of BBDS's administrative services.


Globe and Mail
3 hours ago
- Globe and Mail
Vista Gold Announces Second Quarter 2025 Financial Results
Vista Gold Corp. (NYSE American and TSX: VGZ) today announced its unaudited financial results for the quarter ended June 30, 2025, with cash totaling $13.2 million at quarter-end. All dollar amounts in this press release are in U.S. dollars. Frederick H. Earnest, President and CEO of Vista, said, 'During the second quarter, we maintained a strong balance sheet and advanced the 15,000 tonnes per day Mt Todd Feasibility Study. We announced the results of the Feasibility Study on July 29, 2025. We are very pleased with the strong economic results, reduced initial capital, increased gold mineral reserves grade, and stable gold production over many years. The Feasibility Study represents a major milestone for Vista, highlighting a strategic shift toward a smaller initial scale, near-term development opportunity at Mt Todd while preserving optionality for expansion. As we continue to build on Mt Todd's strengths as a leading development opportunity within the gold sector, our immediate focus is on increasing awareness of the value of Mt Todd and pursuing the best path to deliver value for our shareholders.' For more information on the 2025 Mt Todd Feasibility Study, please see news release. Summary of Financial Results Vista reported a consolidated net loss of $2.4 million, or $0.02 per common share, for the quarter ended June 30, 2025, compared to net income of $15.6 million, or $0.13 per common share, for the quarter ended June 30, 2024. Net income for the quarter ended June 30, 2024 included a recognized gain of $16.9 million upon receipt of the final instalment under the royalty agreement. Cash and cash equivalents totaled $13.2 million at June 30, 2025, compared to $16.9 million at December 31, 2024. The Company continued to have no debt. Management Conference Call Management's conference call to review financial results for the quarter ended June 30, 2025 and to discuss corporate and project activities is scheduled for August 13, 2025 at 10:00 a.m. MDT (12:00 p.m. EDT). Participant Toll Free: +1 (800) 717-1738 Participant International: +1 (289) 514-5100 Conference ID: 75778 This call will be archived and available at after August 13, 2025. An audio replay will also be available through August 27, 2025 by calling toll-free in North America +1 (888) 660-6264 or +1 (289) 819-1325 using passcode 75778#. If you are unable to access the audio or phone-in on the day of the conference call, please email your questions to ir@ About Vista Gold Corp. Vista holds the Mt Todd gold project, a development-stage gold deposit located in the Tier-1 mining jurisdiction of Northern Territory, Australia. Mt Todd is a leading development opportunity within the gold sector. The Project offers significant scale, development optionality, growth opportunities, advanced local infrastructure, community support, and demonstrated economic feasibility. The project offers strategic optionality through development as a large or mid-scale project. For further information about Vista or Mt Todd, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or visit the Company's website at Forward Looking Statements This news release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended, and forward-looking information within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included in this news release that address activities, events or developments that we expect or anticipate will or may occur in the future are forward-looking statements and forward-looking information. These forward-looking statements and forward-looking information include, but are not limited to statements regarding such things as the Company's belief that Mt Todd is a leading development opportunity within the gold sector and that Northern Territory, Australia is a Tier-1 mining jurisdiction; the Company's belief that the feasibility study delivered strong economic results, reduced initial capital, increased gold mineral reserves grade, and stable gold production over many years; the Company's belief that Mt Todd is a near-term development opportunity; the Company's belief that it has preserved the optionality for expansion at Mt Todd; the Company's immediate focus is on increasing awareness of the value of Mt Todd and pursuing the best path to deliver value for its shareholders; the Company's belief that the Mt Todd project offers significant scale, development optionality, growth opportunities, advanced local infrastructure, community support, and demonstrated economic feasibility; the Company's belief that the project offers strategic optionality through development as a large or mid-scale project and statements related to the Company's strategy. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this news release include the following: the Company's forecasts and expected cash flows; the Company's projected capital and operating costs; the Company's expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mine development or mining activities will remain consistent; the Company's approved business plans, mineral resources and mineral reserves estimates and results of preliminary economic assessments; preliminary feasibility studies and feasibility studies on the Company's projects, if any; the Company's experience with regulators; political and social support of the mining industry in Australia; the Company's experience and knowledge of the Australian mining industry and the Company's expectations of economic conditions and the price of gold. When used in this news release or elsewhere, the words 'optimistic,' 'potential,' 'indicate,' 'expect,' 'intend,' 'hopes,' 'believe,' 'may,' 'will,' 'if,' 'anticipate' and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future capital costs, operating costs, non-operating costs, and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on the Company's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings 'Note Regarding Forward-Looking Statements' and 'Risk Factors' in the Company's latest Annual Report on Form 10-K as filed in February 2025, and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, the Company assumes no obligation to publicly update any forward-looking statements or forward-looking information whether as a result of new information, future events or otherwise.