Finances and Deals


  • Image attribution tooltip
    Scott Olson via Getty Images

    Kroger's stock jumps as comp sales turn positive

    The company posted its first positive identical sales growth this fiscal year as net sales and earnings also beat Wall Street's expectations.

    By Dec. 2, 2021
  • Image attribution tooltip
    Courtesy of Boxed

    Boxed moves into on-demand, fresh grocery delivery with acquisition

    By acquiring New York's MaxDelivery, the online retailer said it will be able to scale same-day, dark-store-powered service to additional markets in the months ahead.

    By , Nov. 30, 2021
  • Image attribution tooltip
    Joe Raedle via Getty Images

    Dollar Tree pivots to $1.25 prices even as inflation-wary shoppers seek the retailer out

    The company saw a modest sales bump during the third quarter, with consumers chasing value. Meanwhile, supply chain costs have choked margins.

    By Ben Unglesbee • Nov. 23, 2021
  • Image attribution tooltip
    Courtesy of BJ's Wholesale Club

    Grocery leads sales gains for BJ's as club stores continue to thrive

    Grocery comps for the quarter increased 6%, and the company announced it will begin delivery via DoorDash early next year.

    By Nov. 19, 2021
  • Image attribution tooltip
    Al Bello via Getty Images

    Walmart steals grocery market share in Q3

    Domestic comp sales were up 9.2% in the quarter as consumers turned to the retailer amid record inflation.

    By Maria Monteros • Nov. 16, 2021
  • Image attribution tooltip
    Jessica Dumont/Grocery Dive

    Grocery Outlet still struggling to regain momentum

    Traffic levels remain depressed as shoppers continue to prioritize stock-up shopping and e-commerce, but stock analysts see a brighter 2022 ahead for the discount grocer.

    By Nov. 10, 2021
  • Image attribution tooltip
    Permission granted by Sprouts Farmers Market

    Sprouts sees comp sales fall as strategy stalls

    The produce-focused grocer has not been able to regain the approximately 25% of transactions it lost in the second quarter of 2020, CEO Jack Sinclair said during the company's earnings call.

    By Nov. 5, 2021
  • Image attribution tooltip
    Retrieved from Google Maps on November 02, 2021

    Brookshire Grocery Company to acquire Reasor's

    With the acquisition, the Texas-based supermarket chain will expand into Oklahoma, with the 17 stores continuing to operate under the Reasor's banner. 

    By Nov. 2, 2021
  • Image attribution tooltip
    Sean Gallup via Getty Images

    Amazon Q3 retail sales rise only slightly as profits plummet

    The e-commerce giant grappled with ballooning costs and falling revenue in the period, reflecting challenges that other retailers also face right now.

    By Daphne Howland • Oct. 29, 2021
  • Image attribution tooltip
    Courtesy of Instacart
    Deep Dive // Instacart's Road to IPO

    Examining Instacart's emerging next chapter

    On the heels of two technology acquisitions, a deeper move into digital ads and fulfillment-as-a-service, analysts weigh in on what the e-commerce company is building.

    By Oct. 26, 2021
  • Image attribution tooltip
    Permission granted by Weee

    E-grocer Weee expands restaurant delivery with acquisition

    The company's pickup of food delivery company Ricepo helps deepen its presence in restaurant delivery and respond to customer demands, according to the Thursday announcement.

    By Oct. 21, 2021
  • Image attribution tooltip
    Retrieved from Google Maps on October 19, 2021

    Coborn's to enter Michigan with 6-store acquisition

    The purchase of Tadych's Econofoods will boost Coborn's store count by roughly 10% and add approximately 800 employees to its workforce.

    By Oct. 20, 2021
  • Image attribution tooltip
    Courtesy of Gorillas

    Gorillas nabs nearly $1B in Series C funding led by Delivery Hero

    The funding puts the ultrafast delivery startup at a pre-money valuation of $2.1 billion and gives Delivery Hero a roughly 8% stake in the company.

    By Oct. 19, 2021
  • Image attribution tooltip
    Courtesy of Instacart

    Instacart buys smart cart maker Caper AI for $350M

    The e-commerce company said its acquisition will help bridge in-store and online shopping for consumers while making it easier for its workers to fulfill orders.

    By Oct. 19, 2021
  • Image attribution tooltip
    Retrieved from Instacart on March 02, 2021

    Instacart acquires catering software firm FoodStorm

    The acquisition will provide Instacart with an order management system for end-to-end order-ahead and catering services that it will integrate into its enterprise grocery e-commerce solutions. 

    By Oct. 7, 2021
  • Image attribution tooltip
    Courtesy of Bashas'

    Raley's to acquire Bashas', creating West Coast super-regional chain

    The deal would nearly double Raley's footprint and introduce the company to the dynamic Arizona market.

    By Oct. 3, 2021
  • Image attribution tooltip
    Courtesy of Avo

    How one delivery startup is focusing on landlords to grow its business

    Avo, which offers same-day grocery delivery without a fee to occupants of office and residential buildings in New York, New Jersey, Chicago and Houston, just announced $45 million in new funding.

    By Sept. 30, 2021
  • Image attribution tooltip
    Courtesy of United Natural Foods, Inc.

    UNFI turns supply chain woes into higher sales

    “It’s been a roller-coaster ride” keeping retailers stocked, but the company is benefiting from supply chain disruption, the supplier’s president told investors on Tuesday. 

    By Sept. 28, 2021
  • Image attribution tooltip
    Courtesy of Bashas'

    FMI: 80% of food retailers say hiring issues are hurting business

    Despite boosting worker incentives, food retailers saw an overall turnover rate of 58% last year, up from 40% in 2019, the trade group found.

    By Sept. 16, 2021
  • Image attribution tooltip
    GrubMarket

    GrubMarket brings in $120M in Series E funding

    The produce distributor and technology company is exploring the development of automated picking systems and planning to expand into new service areas.

    By Sept. 15, 2021
  • Image attribution tooltip
    Courtesy of Save A Lot

    Save A Lot sells 32 stores, converting them to local ownership

    The stores located in the greater Cleveland, Chicago and Milwaukee areas are slated for remodeling next year to reflect the discount grocer's updated branding.

    By Sept. 8, 2021
  • Image attribution tooltip
    Joe Raedle via Getty Images

    USDA unveils $700M relief fund with $20M for grocery workers

    Secretary Tom Vilsack said while the pandemic placed frontline employees at a physical risk, the virus' impact on their finances shouldn't be ignored.

    By Christopher Doering , Sept. 7, 2021
  • Image attribution tooltip
    Zippin

    Cashierless tech startup Zippin raises $30M

    Armed with the new funding, the company aims to scale its checkout-free technology to "tens of thousands of stores" by 2025.

    By Tatiana Walk-Morris • Sept. 7, 2021
  • Image attribution tooltip
    Courtesy of Kraft Heinz

    CPG manufacturers face 'labor crisis' amid supply chain pressures, report says

    The Consumer Brands Association noted that only 12,000 jobs were added in the second quarter despite higher wages, while demand and manufacturing costs continued to rise.

    By Jessi Devenyns • Aug. 31, 2021
  • Image attribution tooltip
    Courtesy of Consort Partners

    Point Pickup buys e-commerce firm GrocerKey

    The purchase allows Point Pickup to offer an end-to-end solution and is the latest in a string of acquisitions of grocery e-commerce companies this year. 

    By Aug. 26, 2021