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Finance

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Retailers

Grocery Outlet Soars on IPO

Strong investor response results in a more lucrative IPO than expected; trading opens near $30 per share.

Retailers

Kroger Beats Earnings Goal in Q1 Despite Light Comps

The retailer maintains its long-term ambitions despite a comp-store "lull."

The fast-growing discounter said it intends to use proceeds to repay debts.

A transitioning industry is challenging UNFI's new retail customers.

Rival discounters Dollar General and Dollar Tree detail comp gains in renovated units in the first quarter.

CEO Brian Cornell says winners are emerging in an omnichannel shopping world.

Trading in a post-Amazon world—and a subsequent auction—revealed interest in the discount retailer was lacking, filing shows.

The retailer said U.S. comps improved by 3.4% led by fresh food and private label.

The retailer is partnering with a private investment firm to identify and grow new consumer brands as it transforms "from grocer to growth company."

With discounting a "new normal," the extreme value retailer eyes 10% annual store growth in ambitious IPO filing.