Kroger earnings stabilize, but long-term prospects remain murky

The retailer reported same-store sales that were below expectations, and said its alternative revenue streams will contribute $100 million in incremental profit this year.

By Jeff Wells • June 20, 2019

On IPO day, Grocery Outlet's president talks future vision

The company's stock, which was priced at $22 per share for the initial public offering, roared to life in trading on the Nasdaq Thursday. 

By Jessica Dumont • June 20, 2019

Grocery Outlet looks to raise $250M in IPO

The discount grocer aims to sell 17.2 million shares of common stock priced between $15 and $17 per share.

By Jessica Dumont • Updated June 10, 2019

UNFI beats earnings expectations as Supervalu integration continues

The distributor benefited from higher inflation, but its core business remains challenged by the competitive pressures and shifting consumer tastes its retail customers face.

By Jeff Wells • June 6, 2019

BJ's sets its sights on grocery

After shifts to health and beauty, the retailer's CEO Christopher Baldwin said during an earnings call that it plans to double down on the segment, particularly perishable goods. 

By Lauren Manning • May 24, 2019

Meal kit maker Purple Carrot sold to Japanese e-grocer

The deal includes a $12.8 million upfront payment plus $17 million if Purple Carrot hits unspecified earnings goals over the next three years, according to the companies.

By Jeff Wells • May 22, 2019

SpartanNash invests $18.3M in Family Fare re-brand

With two consecutive quarters missing expectations, the grocer-wholesaler is giving the banner a boost with a new look and improved offerings at 18 locations.

By Jessica Dumont • May 21, 2019

Ahold Delhaize reports top- and bottom-line growth

First-quarter results, which didn't include the impact of the Stop & Shop strikes, saw higher operating margins and net income while online sales rose 25%.

By Krishna Thakker • May 8, 2019

Save-A-Lot reportedly exploring a sale

According to Reuters, the hard discounter has hired an investment bank to look into an acquisition or outside investment as competition and a large debt load drag the business down.

By Jeff Wells • May 7, 2019

Publix's profits shoot up in Q1

Net sales totaled $9.7 billion and same-store sales increased 1.9%, though a calendar shift around Easter produced slightly lower-than-expected results.

By Krishna Thakker • May 2, 2019

Sprouts beats Q1 estimates, reports 60% delivery growth

The natural grocer said customers are increasingly recognizing it as an omnichannel destination as delivery now reaches all of its markets.

By Jessica Dumont • May 2, 2019

Blue Apron trims losses in Q1

Sales and customer count continued to slide as the meal kit company announced a new same-day delivery pilot in the San Francisco Bay Area.

By Krishna Thakker • April 30, 2019

Amazon 'morphing' free Prime 2-day shipping to 1 day

The e-commerce giant is investing some $800 million to upgrade the infrastructure for its most-appreciated Prime membership perk.

By Daphne Howland • April 26, 2019

Stop & Shop strike hits Ahold Delhaize's bottom line

The company estimates the 11-day strike will impact underlying profit by as much as $110 million.

By Jennifer Sweeney • April 24, 2019

Walgreens sees Kroger partnership as a way forward

After reporting its worst earnings since 2014, Walgreens executives said they plan to focus on grocery and other non-pharmacy offerings to boost business.

By Jessica Dumont • April 3, 2019

Kroger sells Turkey Hill brand

Private equity firm Peak Rock Capital acquired the CPG business for an undisclosed amount as Kroger focuses on its house brands.

By Jeff Wells • March 20, 2019

Costco raises wages as Q2 earnings beat estimates

The retailer announced earnings grew 27% year-over-year and increased its minimum wage to $15 an hour to combat a tight labor market. 

By Krishna Thakker • March 8, 2019

Target CEO: New grocery structure brings 'significant benefits'

The retailer saw its sixth straight quarter of comps growth in food and beverage, while traffic and overall sales were the best in more than a decade.

By Corinne Ruff , Jeff Wells • March 6, 2019

UNFI's integration challenges deepen

Top-line sales beat analysts' estimates but the distributor cut its earnings forecast, citing higher-than-expected integration costs for Supervalu facilities.

By Jeff Wells • March 6, 2019

Publix sales surge 3.8% in Q4 despite rising competition

Separately, the Florida-based grocer announced a partnership with Flagler Health+ to establish three telehealth sites at locations in Florida.

By Krishna Thakker • March 4, 2019

Kroger's Smith's to stop accepting Visa credit cards

This is the grocer's second banner store that will no longer take the card due to high merchant fees. 

By Krishna Thakker • March 1, 2019

Sprouts executives pleased with growth in e-commerce and store brands

The natural grocer attributed positive Q4 results to same-store sales and new store performance, but 2019 guidance missed investors' expectations.

By Jessica Dumont • Feb. 22, 2019

SpartanNash misses Q4 expectations

A previously disclosed non-cash charge, higher transportation and warehousing costs along with the recent romaine lettuce recall negatively impacted results, the company said.

By Krishna Thakker • Feb. 21, 2019

Walmart e-commerce sales grow 43%

The big-box retailer is seeing more customers using its online grocery services and larger basket sizes. 

By Corinne Ruff • Feb. 19, 2019

Whole Foods has raised prices, but it's not the only one

The retailer's lower-price positioning took a hit as it faces rising manufacturer costs and expiring promotional contracts.

By Lauren Manning • Feb. 13, 2019