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Financials

Retailers

HelloFresh Says U.S. Business Is Profitable for the First Time

The meal-kit company estimates it will report U.S. adjusted EBITDA of $10 million to $11 million in fiscal 2019.

Retailers

Big Tickets Dip at Target in Holiday Letdown

Food and convenience continue to draw shoppers over the holiday season, but sales missed marks, dealing a blow to the retailer's momentum and indicating tough times for peers.

Recent momentum forges a new parity among scaled conventionals.

On the cusp of retirement, owners Patricia and John Quinn opt to sell the franchised stores to employees. Partner Glenn Evans will remain with the team as chairman of the board.

Growth initiatives underpinned by multifront productivity initiatives, CEO Vivek Sankaran says.

The iconic New York grocer finds no takers in sale process.

An agreement with lenders provides $138 million in new capital and a "statement of confidence" in the transforming discounter, which sources said could pivot to wholesaling.

The discounter said it was "neutral” toward TRC Capital’s offer but reminds shareholders to check the price.

Failed Winn-Dixie conversions, debt to supplier at issue in Shoppers Value bankruptcy

A group of U.S. Navy and Marine veterans who invested in Save A Lot stores on a "mission" to combat food deserts say the chain's private owners deliberately misled and underserved them.

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