Finances & Deals


  • PCC Community Market
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    Courtesy of PCC Community Markets
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    PCC says this year will be pivotal after an unprofitable 2023

    The co-op’s CEO and president said the closure of a store last year hit sales hard and implored member-owners to shop at the grocer more often.

    By May 23, 2024
  • UNFI truck parked on side of street
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    Peyton Bigora/Grocery Dive
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    UNFI extends Whole Foods distribution deal into 2032

    The companies’ previous agreement was set to end in September 2027.

    By May 22, 2024
  • The exterior of a Walmart store at night
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    Courtesy of Walmart
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    Walmart beats expectations in Q1 as revenue surpasses $160B

    The company's e-commerce sales rose 21%, driven by store-fulfilled pickup and delivery and strength within its marketplace.

    By Nate Delesline III • May 17, 2024
  • Inside a Whole Foods Market store in Washington, D.C., with end caps signifying a sale.
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    Catherine Douglas Moran/Grocery Dive
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    ‘Whole Paycheck’ no more? Whole Foods is ramping up value messaging.

    The specialty grocer’s store shelves in the Washington, D.C., area are coated in yellow discount tags signaling the retailer may be trying to appear more price-friendly to shoppers.

    By May 16, 2024
  • foxtrot
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    Retrieved from Foxtrot website.
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    Foxtrot files for bankruptcy

    The decision to file for Chapter 7 was made during a meeting of Outfox’s board of directors, who reviewed the financial condition of the company and each of its subsidiaries.

    By Brett Dworski • May 15, 2024
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    Brett Dworski/Grocery Dive
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    Foxtrot’s assets auctioned for $2.2M in what one attendee called a ‘completely ramrodded’ process

    The virtual sale on Friday seemed to leave people with more questions than answers after organizer JPMorgan Chase didn’t describe the lot for sale and only entertained one bid.

    By Brett Dworski • May 13, 2024
  • The Instacart+ subscription service on an smartphone
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    Courtesy of Instacart
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    Instacart posts strong Q1 results, names new CFO

    The grocery e-commerce company’s revenue, order volume and profitability all exceeded its projections during the period.

    By May 9, 2024
  • Exterior of a Foxtrot store in Washington, D.C.
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    Kaarin Vembar/Grocery Dive
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    Foxtrot’s assets to be sold this week

    Friday’s foreclosure sale will include “substantially all of the assets” of the c-store retailer, including inventory, intellectual property, documents and more.

    By Brett Dworski • May 9, 2024
  • Grocery Outlet
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    Jessica Dumont/Grocery Dive
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    Grocery Outlet faces headwinds from tech transitions

    The discount grocer has been frustrated by issues stemming from its recently upgraded product inventory and financial reporting platforms, President and CEO RJ Sheedy said.

    By May 8, 2024
  • Sprouts Farmers Market
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    Courtesy of Sprouts Farmers Market
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    Sprouts records another robust quarter as it eyes further growth

    The specialty grocer, which posted a 4% rise in comps during Q1, sees an opportunity to open more than 300 additional stores across several key states.

    By May 1, 2024
  • Tops buys 5 stores

    The purchase includes four full-service stores and a Tops Xpress in the greater Buffalo, New York, area previously run by a longtime franchise partner. 

    By April 30, 2024
  • Exterior of a Jewel-Osco store.
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    Catherine Douglas Moran/Grocery Dive
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    Will Kroger and Albertsons’ revised divestiture plan satisfy the FTC?

    The grocers’ new deal with C&S Wholesale Grocers indicates they have heard the agency’s concerns — but whether it will be enough to get their proposed merger through remains unclear, analysts said.

    By April 29, 2024
  • Interior of a grocery store
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    Courtesy of Ahold Delhaize
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    Ahold Delhaize allocates proceeds of its green bond to sustainability efforts

    The Dutch grocer allotted the largest portion of the earnings toward green buildings and energy efficiencies.

    By April 26, 2024
  • A photo of the exterior of a Foxtrot store on The Drag in Austin, Texas.
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    Permission granted by Foxtrot
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    Foxtrot, Dom’s sued amid mass layoff

    A class action complaint claims the companies violated the WARN Act by failing to give its employees at least 60 days notice of the shutdown.

    By Brett Dworski • April 25, 2024
  • Pickup area in grocery store
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    Sam Silverstein/Grocery Dive
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    Grocery e-commerce sales predicted to grow 3 times faster than in-store sales, report finds

    Brick Meets Click’s latest five-year forecast notes that pickup will continue to dominate over delivery and ship-to-home.

    By April 25, 2024
  • Albertsons store
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    Courtesy of Albertsons
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    Albertsons sees more turmoil ahead as it closes the books on a tough year

    The grocer posted anemic same-store sales growth during its latest quarter, with lower inflation and a growing reliance on pharmacy posing key challenges.

    By April 23, 2024
  • Albertsons
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    Courtesy of Albertsons
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    Kroger and Albertsons update divestiture plan with C&S

    The grocery chains have increased the number of stores they plan to divest and added other assets to the deal as they press ahead with their embattled merger plan.

    By , April 22, 2024
  • A sign on a drinks case door that reads "We accept SNAP/EBT."
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    Catherine Douglas Moran/Grocery Dive
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    Farm bill proposal won’t cut SNAP benefits: House ag chair

    Republicans are pushing to return to a cost-neutral process when determining funds for food assistance. 

    By Sarah Zimmerman • April 17, 2024
  • Close-up of a person holding a smart phone with the Flavor Adventure game open
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    Getty Images; Albertsons’ Flavor Adventure

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    How grocers have leaned into loyalty

    Loyalty programs have grown in importance as grocers work to convey to customers that they are on their side — not inflation’s. Here are the most notable updates so far this year.

    By April 15, 2024
  • Blocks spell M and A
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    Nastassia Samal via Getty Images
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    Maison Solutions buys Arizona grocer for $22M

    The acquisition of Lee Lee Oriental Supermart will add $70 million in annual revenue to Maison, effectively doubling its sales.

    By April 10, 2024
  • Exterior of Stop & Shop supermarket
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    Sam Silverstein/Grocery Dive
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    Ahold Delhaize and 4 other grocers establish venture capital fund

    W23 Global will invest $125 million over five years in small businesses that support in-store and online shopping experiences as well as sustainability initiatives.

    By April 8, 2024
  • Exterior of Washington, D.C., Safeway store at 415 14th Street, SE, on Aug. 11, 2020. Store opened Aug. 12, 2020.
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    Sam Silverstein/Grocery Dive
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    Lower grocery comps reflect new challenges for an industry in transition

    Retailers are facing pressure to maintain sales volumes as the boosts they received from the pandemic and inflation fade, experts say.

    By April 2, 2024
  • Exterior of a Jewel-Osco store.
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    Catherine Douglas Moran/Grocery Dive
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    Do Kroger and Albertsons need to revise their divestiture deal with C&S?

    The grocery giants may need to rethink their plan to offload assets as they look to appease regulators with their proposed mega-merger, analysts say.

    By March 25, 2024
  • New logo display above produce wall at Manassa, Virginia, Sprouts Farmers Market
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    Peyton Bigora/Grocery Dive
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    Sprouts loyalty program looks to significantly boost first-party data collection

    Set to pilot this summer, the specialty grocer’s loyalty program will operate on a points-based system and offer better insights into shopper behavior.

    By March 21, 2024
  • Kroger Ocado
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    Courtesy of Kroger
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    Kroger to sell specialty pharmacy division

    The grocer is parting ways with the healthcare unit as it focuses its attention on overcoming regulatory opposition to its planned merger with Albertsons.

    By March 19, 2024