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Financials

Stores

Loyalty, private label drive modest Q1 growth at Natural Grocers

 By Heather Lalley on Feb. 03, 2023

Sales are up slightly at the 166-unit, health-focused grocer, largely because of inflation, while store visits declined during the quarter.

Stores

Sales climb at Ingles Markets during Q1

 By Heather Lalley on Feb. 02, 2023

Net sales totaled $1.49 billion for the regional grocer, which operates nearly 200 stores in the southeast.

Amazon

Amazon sees brick-and-mortar sales rise, online sales dip in Q4 and fiscal year

By Russell Redman on Feb. 02, 2023

CEO Andy Jassy says company making progress “in reducing our cost to serve in the operations part of our Stores business.”

Retailers

Costco keeps up sales pace in January

By Russell Redman on Feb. 02, 2023

E-commerce sales decline for third consecutive month, but analyst notes strong growth on three-year stack.

Retailers

Food contributes to 2.9% gain in U.S. GDP for Q4

By Russell Redman on Jan. 26, 2023

Consumer spending climbs 2.1% in the quarter, fueled in part by a rebound in purchases of goods.

Retailers

Boxed lands up to $20 million new financing

By Russell Redman on Jan. 24, 2023

Online retailer reiterates possibility of a sale of the company.

Kroger

Is EG Group planning to sell off its U.S. retail assets?

By Greg Lindenberg on Jan. 20, 2023

Owners have hired an investment bank to explore the disposal of the American c-store network, which includes Kroger's 700-plus convenience stores, report says.

Albertsons

Albertsons to pay $4B special dividend on Friday

By Russell Redman on Jan. 19, 2023

Shareholders waited over two months as the payment, announced with the Kroger mega-merger, became entangled in litigation.

Albertsons

Albertsons gets the green light for its long-planned $4B dividend payout

By Heather Lalley on Jan. 18, 2023

Washington’s Supreme Court late Tuesday cleared the way for stockholder payments to begin. But the state’s attorney general warned the grocer’s planned $24.6 billion merger with Kroger is “far from a done deal.”

Topics

Albertsons posts 7.9% identical-sales gain in third quarter

By Russell Redman on Jan. 10, 2023

Supermarket giant upholds strong growth pace since unveiling of merger deal with Kroger.

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