Financial news: Page 2
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Supreme Court to consider if SNAP sales data should be public
The appeal by the Food Marketing Institute follows a circuit court ruling last year that the data should be made available under the Freedom of Information Act.
By Jeff Wells • Jan. 14, 2019 -
Micro-markets inside health centers could be just what the doctor ordered
A hospital in Kalamazoo, Michigan this week became the latest health care facility to open a full-service grocery store on its campus.
By Jennifer Sweeney • Jan. 10, 2019 -
Stop & Shop to acquire Long Island's King Kullen chain
The 37-store acquisition will beef up the Ahold Delhaize banner's presence on Long Island, and follows close behind Lidl's pickup of Best Market stores in the hotly contested region.
By Jeff Wells • Jan. 04, 2019 -
The new year brings a wave of minimum wage increases
Nineteen states and 21 cities have raised base pay for workers, with some jurisdictions meeting or exceeding $15 an hour.
By Jennifer Sweeney • Jan. 03, 2019 -
How food companies are getting consumers to pay more
Some major CPG companies are increasing prices by rolling out new sizes and varieties of old favorites.
By Cathy Siegner • Jan. 02, 2019 -
Our 10 best stories of 2018
Take a look back at a collection of some of Grocery Dive's most-read stories, which together paint a picture of a year defined by change.
By Grocery Dive staff • Dec. 21, 2018 -
Blue Apron stock drops below $1. Could an acquisition be next?
Amid mounting losses and an exodus of subscribers, the meal kit pioneer is in danger of being de-listed and has lost more than 90% of its value since going public last year.
By Jessica Dumont • Dec. 19, 2018 -
Kroger sells its digital coupon platform to Inmar
The move is part of an updated strategic partnership that will let the company continue delivering its coupon management services to the grocer.
By Krishna Thakker • Dec. 19, 2018 -
Competition in grocery pressures Costco's margins
The wholesaler said there is growing pressure in fresh foods from traditional supermarkets and Walmart's Sam's Club division.
By Daphne Howland • Dec. 14, 2018 -
C&S Wholesale to acquire Olean Wholesale for undisclosed sum
The merger is the latest deal in the space as distributors look to gain scale and as supermarkets do the same amid growing pressure from Aldi, Lidl and Amazon.
By Krishna Thakker • Dec. 07, 2018 -
UNFI surprises with big earnings miss
The wholesaler struggled against industry headwinds such as supplier out-of-stocks and high labor costs. It also lowered guidance, suggesting a tough integration ahead with Supervalu.
By Jeff Wells • Dec. 07, 2018 -
Kroger reports in-line sales as investment pressures continue
Digital sales grew 60%, but income declined as the grocer continues to fund store improvements and alternative growth streams.
By Jeff Wells • Dec. 06, 2018 -
Raley's to sell Aisle 1 fuel stations
Southern California c-store company Anabi Oil will operate the 13 locations and continue to offer fuel rewards through the grocer.
By Jeff Wells • Dec. 06, 2018 -
Freight costs weigh on Dollar General
The retailer is reiterating its plan to expand and upgrade stores despite rising transportation expenses and costs wrought by recent hurricanes.
By Daphne Howland • Dec. 04, 2018 -
Coborn's acquires Hornbacher's from UNFI
The eight-store deal is the latest sale for the wholesaler and its Supervalu subsidiary.
By Jeff Wells • Dec. 03, 2018 -
Family Dollar's rising costs and weakness ail Dollar Tree
Despite improvements to stores and changes to merchandise, Family Dollar continues to drag down its parent company.
By Daphne Howland • Nov. 29, 2018 -
4 benefits of food and grocery consolidation
The food and grocery industries have been active with mergers and acquisitions in the last several years. What are some of the benefits to these deals? Food Dive and Grocery Dive have taken a close look and determined four major benefits of industry consolidation.
By Food Dive and Grocery Dive staff • Nov. 28, 2018 -
Deep Dive'No second thoughts': Assessing the Ahold Delhaize merger two years later
The company says it has achieved significant cost savings and is ready to expand, but experts question whether it has done enough to differentiate itself from competitors.
By Christopher Doering • Nov. 27, 2018 -
Tops completes financial restructuring
The company says it's focused on rolling out new services, building upon existing ones and creating a better shopping experience.
By Krishna Thakker • Nov. 21, 2018 -
SpartanNash to buy Martin's Super Markets
The retailer/wholesaler will pick up 21 stores in the deal, bringing its grocery store footprint to 160 locations across nine states.
By Jeff Wells • Nov. 20, 2018 -
Global food prices face a 'melting pot of risks' in 2019: Rabobank
The Dutch banking and financial services company forecasts continued uncertainty due to ongoing trade wars, livestock diseases and extreme weather.
By Cathy Siegner • Nov. 19, 2018 -
Lidl's acquisition of Best Market could 'jump-start' the discounter's US push
The discount retailer's decision to add 27 stores in New York and New Jersey should improve results but also create new operational challenges, according to one industry expert interviewed by Grocery Dive.
By Christopher Doering , Krishna Thakker • Nov. 16, 2018 -
Walmart's e-commerce sales soar 43% helped by grocery demand
The retail giant has grown its market share in every major online category, with rising levels of satisfaction among younger shoppers, according to GlobalData Retail.
By Daphne Howland • Nov. 15, 2018 -
New study analyzes proposed Farm Bill changes to SNAP
The recommended changes would not only have major implications for families who receive benefits, but for food retailers like Dollar Tree and Dollar General as well, according to an analysis by Mathematica Policy Research.
By Jessica Dumont • Nov. 15, 2018 -
Blue Apron lays off 4% of workers as more users abandon service
The meal kit maker posted disappointing figures across all key metrics, including a decline in orders per customer and average revenue per customer.
By Christopher Doering • Nov. 14, 2018
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