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Finance

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Retailers

SpartanNash Q2 Results Allay Some Investor Fears

Returning CEO Dennis Eidson acknowledges challenges, but highlights continued sales growth.

Retailers

Walmart Accelerates U.S. Sales Momentum

CEO Doug McMillon advocates for debate on assault-weapon ban and support for stronger background checks before addressing the retailer’s financial results.

The newly public company blows past estimates on comps and earnings as shoppers respond to "wow" offers.

Margins increased as the retailer held the line on costs.

The retailer is still fighting to win back customers lost to the Stop & Shop strike, but results highlight sales momentum elsewhere.

New Blue Apron CEO Linda Kozlowski made a case for refocusing on direct-to-consumer sales as the meal-kit seller reviewed slow sales and lighter losses in the second quarter.

The Federal Reserve’s service is expected to launch by 2024, modernizing payment systems to make funds available immediately, a move that FMI applauds.

EDLP program lifts private label sales while margins remained under pressure, the retailer said.

Loyalty program, private label and expanded store brand initiatives have spurred sales, though competitive concerns loom.

The Easter holiday shift helped drive 4.8% comps in the period, the retailer said.

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