Finances and Deals


  • Walmart redesigned store experience in grocery.
    Image attribution tooltip
    Courtesy of Walmart

    Grocery boosts Walmart sales, but profits fall on inflation in Q2

    The retailer’s 6.5% U.S. comp sales increase was driven by market share gains in food categories, “strong” private label sales and higher-than-average tickets.

    By , Ben Unglesbee • Aug. 16, 2022
  • Lucky California
    Image attribution tooltip
    Courtesy of The Save Mart Companies

    Save Mart launches video game-focused rewards program

    The grocer’s new Gamer Rewards Program offers shoppers a $10 credit toward video games for every $15 spent on products from a variety of national brands.

    By Aug. 16, 2022
  • Grocery Outlet
    Image attribution tooltip
    Jessica Dumont/Grocery Dive

    Inflation, at-home eating lift Grocery Outlet’s Q2 comp sales

    The discounter saw comparable store sales increase 11.2% year-over-year and net sales jump 15.7% to $897.7 million.

    By Aug. 10, 2022
  • Sprouts Farmers Market
    Image attribution tooltip
    Courtesy of Sprouts Farmers Market

    Sprouts looks to reignite store growth as quarterly sales increase

    The specialty grocer’s comps grew 2% and store traffic increased in the second quarter, but analysts remain wary of its ability to stand out from the competition.

    By Aug. 4, 2022
  • Supermarket exterior
    Image attribution tooltip
    Courtesy of Save A Lot

    Save A Lot ownership group lands $13.5M grant to improve Chicago stores

    Yellow Banana plans to remodel five supermarkets and reopen a closed location in the Midwestern city through the project, which is intended to boost access to groceries for people in underserved neighborhoods.

    By July 21, 2022
  • DoorDash delivery partnership with Loblaw
    Image attribution tooltip
    Courtesy of DoorDash

    DoorDash kicks off dark store-powered rapid delivery as a service

    A new 30-minute delivery partnership with Canadian grocer Loblaw marks the first time the e-commerce provider will run fulfillment centers for a retailer.

    By June 23, 2022
  • Exterior of Family Fare grocery store
    Image attribution tooltip
    Courtesy of SpartanNash

    SpartanNash buys Shop-N-Save Food Centers

    The Midwestern retailer has converted the three-store chain, which has locations in Benzonia, Fremont and Ludington, Michigan, to its Family Fare banner.

    By June 15, 2022
  • Cardenas Markets
    Image attribution tooltip
    Retrieved from Cardenas Markets.

    Apollo to acquire Cardenas Markets

    The private equity firm will combine the chain with Tony’s Fresh Market to create a nearly 80-store ethnic and Hispanic-focused grocer.

    By , June 13, 2022
  • Cardenas Markets
    Image attribution tooltip
    Retrieved from Cardenas Markets.

    Cardenas Markets expanding SoCal footprint with 6-store acquisition

    The Hispanic chain, which operates more than 50 locations in three states, is beefing up its footprint east of Los Angeles. 

    By June 10, 2022
  • The Sifter app on a smartphone next to a basket of groceries.
    Image attribution tooltip
    Courtesy of Sifter

    Peapod founders' Sifter rakes in $5M seed funding

    The platform will use the financing to speed the growth of its Nutrition as a Service platform.

    By May 27, 2022
  • Ocado
    Image attribution tooltip
    Courtesy of Ocado

    Ocado buys robotics startup as it looks to speed up delivery prep

    The U.K.-based online grocery order-fulfillment company plans to pay 10.2 million euros ($10.9 million) to take over Myrmex, an automation specialist in which it initially invested in 2020.

    By May 24, 2022
  • Exterior of BJ's Wholesale Club store
    Image attribution tooltip
    Courtesy of BJ's Wholesale Club

    BJ's rides gas sales to strong Q1 results

    Low prices at its fuel centers spurred people to fill up and shop inside its stores, where grocery and perishable categories led sales.

    By May 19, 2022
  • Gopuff
    Image attribution tooltip
    Courtesy of Gopuff

    Gopuff lands former Disney CEO Bob Iger as investor and advisor

    The instant delivery company said it is tapping into Iger's experience leading an organization focused on building relationships with consumers.

    By May 18, 2022
  • Walmart transforms stores to focus on digital.
    Image attribution tooltip
    Courtesy of Walmart

    Walmart's profits take a hit as fuel spikes and consumers react to inflation

    As costs continue rising, the retailer is strategically raising and rolling back prices as it seeks market share and profit.

    By Ben Unglesbee • May 17, 2022
  • The Fresh Market
    Image attribution tooltip
    Courtesy of The Fresh Market

    South American retailer to buy majority stake in The Fresh Market for $676M

    The deal with current owner Apollo Global Management will let Cencosud acquire 67% of the specialty grocer.

    By , Updated May 11, 2022
  • Grocery Outlet
    Image attribution tooltip
    Jessica Dumont/Grocery Dive

    Grocery Outlet raises full-year guidance, will expand e-commerce coverage

    CEO Eric Lindberg said during Tuesday's earnings call that the discount grocer plans to introduce Uber Eats and DoorDash delivery to a subset of stores following a successful online rollout with Instacart. 

    By May 11, 2022
  • Food Rocket, grocery, delivery, app
    Image attribution tooltip
    Retrieved from Apple on February 22, 2022

    Food Rocket plans to offer 15-minute delivery from Chicago convenience store

    The ultrafast grocery delivery startup intends to co-locate a fulfillment center with a Circle K location set to open this summer and plans to expand to additional cities this year.

    By May 10, 2022
  • Rendering of Sprouts produce
    Image attribution tooltip
    Permission granted by Sprouts Farmers Market

    Sprouts lowers its outlook for the year as unit sales decline

    CEO Jack Sinclair said the company sees ways to boost baskets amid rising gas and food prices, but analysts aren't sold on the plan.

    By May 5, 2022
  • Publix in Florida
    Image attribution tooltip
    Thai Phi Le/Grocery Dive

    Publix sees sales and earnings rise in Q1

    The Florida-based supermarket chain recorded a comparable store sales increase of 11.7% for the first quarter of 2022 on a year-over-year basis, as revenue for the period rose 13.5% to $13.2 billion.

    By May 3, 2022
  • Food Rocket
    Image attribution tooltip
    Courtesy of Food Rocket

    Rapid grocery delivery startup Food Rocket raises $25M, links with Circle K

    The company plans to use the funding to expand to new markets, bolster its proprietary technology and work alongside the convenience store chain on e-commerce.

    By April 27, 2022
  • Tony's Fresh Market image
    Image attribution tooltip
    Retrieved from Tony's Fresh Market on April 20, 2022

    Tony's Fresh Market sold to Apollo Global Management

    The private equity firm is taking control of the Chicago-based specialty grocery chain, which has been family owned since its founding in 1979.

    By April 20, 2022
  • Image attribution tooltip
    Justin Sullivan via Getty Images

    Albertsons' CEO sees loyalty as 'next phase' of business transformation

    The grocer's loyalty program now has 30 million members, and the company hopes to deepen engagement across its digital and store initiatives, Vivek Sankaran told investors on Tuesday.

    By April 12, 2022
  • Image attribution tooltip
    Courtesy of Save Mart

    Save Mart taps former Albertsons marketing chief as executive chairman

    In an interview, Shane Sampson said the newly acquired regional grocery chain plans to be "nimble and agile" and that new private equity owner Kingswood Capital Management understands retail.

    By April 5, 2022
  • Rendering of Sprouts exterior
    Image attribution tooltip
    Permission granted by Sprouts Farmers Market

    Sprouts ties new loan terms to sustainability goals

    The health-focused grocer will incur lower borrowing costs under the revolving credit facility if it achieves targets for the sale of socially and environmentally sustainable products and the diversity of its board of directors.

    By March 28, 2022
  • Lucky California
    Image attribution tooltip
    Courtesy of The Save Mart Companies

    Save Mart bought by private equity firm

    The acquisition of the grocery company, which runs roughly 200 stores under the Save Mart, Lucky California and FoodMaxx banners in California and Nevada, marks the latest sale of a regional grocery chain.

    By , March 28, 2022