Finances & Deals


  • A shopper uses a phone while holding a bag of carrots inside a grocery store.
    Image attribution tooltip
    SDI Productions via Getty Images
    Image attribution tooltip

    IGA buys media company to streamline in-store promotions

    The acquisition of Inmar’s Scanner Applications aims to help independents offer on-shelf deals.

    By Dec. 10, 2024
  • A sign on a drinks case door that reads "We accept SNAP/EBT."
    Image attribution tooltip
    Catherine Douglas Moran/Grocery Dive
    Image attribution tooltip

    SNAP to drive growth in consumables throughout 2025: report

    Households participating in the food assistance program spend 32% more per person compared to non-SNAP consumers, Circana data shows.

    By Dec. 9, 2024
  • Kroger storefront
    Image attribution tooltip
    Courtesy of Kroger
    Image attribution tooltip

    Kroger is prepared to go it alone if Albertsons deal falls through, chief executive says

    “We’ve always made sure that we don’t need to do mergers to make our business successful,” President and CEO Rodney McMullen told investors Thursday.

    By , Dec. 5, 2024
  • Signage showcasing low prices of produce at a store.
    Image attribution tooltip
    Sam Silverstein/Grocery Dive
    Image attribution tooltip
    Column

    The Friday Checkout: Walmart and Target earnings point to shopper demands

    While both retailers have grown their grocery offerings recently, Walmart fared much better in the third quarter — highlighting a key strategic difference between the retailers in the core department.

    By Grocery Dive Staff • Nov. 22, 2024
  • Target's white bullseye logo on a beige storefront at night.
    Image attribution tooltip
    Nate Delesline III/Grocery Dive
    Image attribution tooltip

    Target misses Q3 earnings expectations, lowers guidance

    While the retailer’s food and beverage category grew in the low single digits in Q3, a deceleration in discretionary demand and multiple cost pressures caused headwinds.

    By Nate Delesline III • Nov. 20, 2024
  • A person pushes a cart in front of Walmart
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Walmart exceeds Wall Street expectations in Q3

    The retailer’s food units reached their highest level in four years while e-commerce saw a significant bump.

    By , Nov. 19, 2024
  • The exterior of a Safeway store in Chehalis, Washington.
    Image attribution tooltip
    Jeff Wells/Grocery Dive
    Image attribution tooltip

    What the stock market is saying about Albertsons and Kroger

    The companies’ diverging performances this year say a lot about their respective outlooks and the likelihood of their merger going through, according to Wall Street analysts.

    By Nov. 13, 2024
  • Close-up of a hand holding a phone showing an e-commerce app.
    Image attribution tooltip
    Courtesy of Instacart
    Image attribution tooltip

    Instacart records vigorous Q3

    Rising volumes and a growing advertising business helped drive the technology company’s results, though investors appear dissatisfied with its outlook.

    By Nov. 13, 2024
  • A man carrying orange bags with the word Grubhub on the side.
    Image attribution tooltip
    Courtesy of Grubhub
    Image attribution tooltip

    Wonder to acquire Grubhub for $650M

    Just Eat Takeaway originally purchased Grubhub for $7 billion in 2020 and has been trying to sell the company since 2022.

    By Julie Littman • Nov. 13, 2024
  • M&A due diligence lawyers legal
    Image attribution tooltip
    ArLawKa AungTun via Getty Images
    Image attribution tooltip
    Column

    The Friday Checkout: Will grocery M&A heat up under Trump?

    Corporate leaders anticipate a flurry of deals once Donald Trump returns to the White House. The grocery industry seems primed for more combinations.

    By Grocery Dive Staff • Nov. 8, 2024
  • Kroger Ocado
    Image attribution tooltip
    Courtesy of Kroger
    Image attribution tooltip

    Kroger finalizes $1.4B opioid settlement with 30 states

    The settlement includes attorney fees of up to $149 million as part of the arrangement — nearly 11% of the total amount.

    By Nov. 6, 2024
  • Exterior of a Jewel-Osco store.
    Image attribution tooltip
    Catherine Douglas Moran/Grocery Dive
    Image attribution tooltip

    Kroger-Albertsons merger in court: 6 key takeaways

    Competition, pricing and the fate of Albertsons were key points of contention in the three court battles that unfolded over a nearly two-month period.

    By , Nov. 4, 2024
  • Exterior shot of a Publix store in North Carolina.
    Image attribution tooltip
    Kaarin Vembar/Grocery Dive
    Image attribution tooltip

    Publix reports Q3 sales uptick

    Heightened shopping demand during Hurricane Helene boosted sales for the Florida-based grocer during the three-month period that ended Sept. 28.

    By Updated Nov. 4, 2024
  • Interior of Manassas, Virginia, Sprouts
    Image attribution tooltip
    Peyton Bigora/Grocery Dive
    Image attribution tooltip

    Sprouts’ strong momentum continues in Q3

    The grocer’s net sales hit $1.9 billion, fueled by solid comparable-store sales and ongoing brick-and-mortar expansion.

    By Oct. 31, 2024
  • Graphic design with "RIP" abbreviation on a computer keyboard button
    Image attribution tooltip
    Catalin205 via Getty Images
    Image attribution tooltip

    In Remembrance: 5 grocery concepts and companies that got buried in 2024

    From the demise of Dom’s Kitchen & Market to the shuttering of Schnucks’ Eatwell banner, the industry has put several things to rest this year.

    By Oct. 31, 2024
  • A person taking a selfie with an in-store robot.
    Image attribution tooltip
    Courtesy of Simbe
    Image attribution tooltip

    Simbe raises $50M in latest funding round

    Goldman Sachs led the robotics company’s Series C round, which brings its total funding raised to over $100 million.

    By Oct. 25, 2024
  • Contactless payment made a restaurant dinner table.
    Image attribution tooltip

    CatLane via iStock

    Image attribution tooltip
    Sponsored by Givex

    Community roundup – Spare change, big impact!

    What is Community Roundup and how can it enhance your business? Learn how easy it is to give back to the community every time you shop. 

    By Andy Ruff , Vice President of Community Rewards, Givex • Oct. 21, 2024
  • Exterior of a Save A Lot store
    Image attribution tooltip
    Courtesy of Save A Lot
    Image attribution tooltip

    Save A Lot launches first-ever loyalty program

    Shoppers can redeem points for free products and access deals through the mobile app while individual stores can customize the app with local offers.

    By Oct. 16, 2024
  • Overhead view of a big, festive dinner with a roasted chicken and various side dishes.
    Image attribution tooltip
    AnastasiaNurullina via Getty Images
    Image attribution tooltip

    Aldi’s Thanksgiving basket to feed 10 people for less than $47

    This year’s deal includes a Butterball turkey and numerous staple side dishes and ingredients.

    By Oct. 16, 2024
  • Packages of crackers
    Image attribution tooltip
    Permission granted by Wakefern Food Corp.
    Image attribution tooltip

    Wakefern buys specialty food brand Di Bruno Bros.

    The regional grocery cooperative now owns the portfolio of Italian and European products, which are distributed nationally.

    By Oct. 16, 2024
  • Exterior of Washington, D.C., Safeway store at 415 14th Street, SE, on Aug. 11, 2020. Store opened Aug. 12, 2020.
    Image attribution tooltip
    Sam Silverstein/Grocery Dive
    Image attribution tooltip

    Albertsons records modest revenue gain in Q2, but profitability falls

    The supermarket operator posted same-stores sales growth of 2.5% during the period, while net income slipped 45%.

    By Oct. 15, 2024
  • Produce section inside a store
    Image attribution tooltip
    Courtesy of SpartanNash
    Image attribution tooltip

    SpartanNash to buy regional grocer Fresh Encounter

    The acquisition of the grocer’s 49 stores across Ohio, Indiana and Kentucky grows SpartanNash’s store portfolio by a third.

    By Oct. 14, 2024
  • Exterior shot of Stop & Shop store
    Image attribution tooltip
    Courtesy of Caroline Medeiros
    Image attribution tooltip

    Stop & Shop pressed on pricing by 4 Democratic lawmakers

     The politicians’ letter to Ahold Delhaize CEO Frans Muller asked for an explanation on pricing discrepancies between Massachusetts locations.

    By Updated Oct. 11, 2024
  • Vons grocery store in California
    Image attribution tooltip
    Mark Seip/Grocery Dive
    Image attribution tooltip

    Albertsons to pay nearly $4M to settle civil law enforcement complaint

    The grocer engaged in false advertising and unfair competition by unlawfully charging higher prices on goods, according to Los Angeles’ district attorney. 

    By Oct. 7, 2024
  • UNFI truck parked on side of street
    Image attribution tooltip
    Peyton Bigora/Grocery Dive
    Image attribution tooltip

    UNFI posts net sales increase, unveils 3-year financial recovery plan

    The company will focus on “controllable variables” to improve financial results and will cut back on capital investments next year, CEO Sandy Douglas said.

    By Oct. 1, 2024