Finances & Deals: Page 28


  • Kroger considers sale of Turkey Hill business

    Offloading the popular ice cream brand could help the grocer pay off debt and free up funds to invest in becoming the next e-commerce giant.

    By Jessica Dumont • Aug. 8, 2018
  • Good Catch Foods makes a splash with $8.7M investment

    The company uses a six-bean blend to create faux seafood products like fish-free tuna and crab-free cakes. 

    By Patti Zarling • Aug. 8, 2018
  • Image attribution tooltip
    Wikimedia Commons
    Image attribution tooltip

    Albertsons-Rite Aid merger faces headwinds ahead of Thursday vote

    Two advisory firms have come out against the deal, and this week the drug store chain lowered its profitability guidance for the year — an "unusual" move, according to one analyst.

    By Aug. 7, 2018
  • Image attribution tooltip
    Wikimedia Commons
    Image attribution tooltip

    Albertsons joins forces with venture capital firm to invest in emerging technologies

    The grocer has partnered with Greycroft to create a $50 million fund that will be used for the company's digital transformation.

    By Jessica Dumont • Aug. 3, 2018
  • Kroger buys real estate to get Lucky's in Florida

    Rather than go head-to-head with Publix on its home turf, the grocer is helping bankroll a promising upstart that attracts consumers looking for natural, organic and private label groceries.

    By Alicia Kelso • Aug. 2, 2018
  • Expansions, real estate deals boost Publix Q2 earnings

    The Florida-based grocer capitalized on its renowned customer service while expanding, helping the company post a 24.5% jump in net earnings.

    By Krishna Thakker • Aug. 2, 2018
  • Image attribution tooltip
    Blue Apron Facebook
    Image attribution tooltip

    Blue Apron posts loss as customer count falls 24%

    The meal kit maker's CEO called 2018 "a year of transition" as the company grapples with higher marketing costs, fewer users of the platform and challenges reaching profitability. 

    By Krishna Thakker • Aug. 2, 2018
  • Three startups secure a total of $350M to challenge traditional players in food and beverage space

    Brandless, Bulletproof and Apeel each announced new funding this week, which they will use to extend their footprints and technology. 

    By Alicia Kelso • Aug. 1, 2018
  • Image attribution tooltip
    Retrieved from Walmart on July 30, 2018
    Image attribution tooltip

    Report: Online grocery reaches 5.5% of total sales

    Regular shoppers have accounted for much of the recent growth, according to Brick Meets Click, which noted that supermarkets are well-positioned to capture future e-commerce sales. 

    By Jessica Dumont • Aug. 1, 2018