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Financials

Retailers

Pandemic Accounts for $1.5B Boost to Publix Q2 Sales

Overall sales for the period were up $11.4 billion, a 21.8% increase from the previous year.

Retailers

Amazon Crushes Expectations in 'Highly Unusual' Q2

Online grocery sales tripled and overall profits doubled as the Seattle e-commerce giant far exceeded financial expectations in its fiscal second quarter.

Retailers

COVID Throws a Lifeline to Blue Apron

By Jon Springer on Jul. 29, 2020

Pandemic demand turns around Q2 results, but the meal-kit company is still seeking financial help.

Retailers

Sprouts Drives Profits Even Higher in Q2

By Jon Springer on Jul. 29, 2020

The natural foods retailer said pandemic demand, a promotional reset and expense leverage pushed gross margins to 37.3% on a 16% sales gain.

Retailers

Albertsons Posts Monster Q1

By Jon Springer on Jul. 27, 2020

The retailer acknowledged "dramatic" change in the food-at-home landscape but did not share an annual outlook after sales, comps and margins soar in COVID-aided quarter.

Retailers

Saving a Small-Town Grocery Store? Proceed Carefully

By David S. Rogers on Jul. 27, 2020

Rural towns rescuing a struggling grocery store is a great story but it takes a diligent approach to research.

Retailers

Albertsons Moves to 'Win' the Pandemic

By Jon Springer on Jul. 27, 2020

The retailer is spending heavier to grow and maintain millions of new shoppers amid a historic shift, CEO Vivek Sankaran says.

Retailers

Kroger Defends Pension Buyout

By Jennifer Strailey and Jon Springer on Jul. 22, 2020

Citing greater cost certainty that could aid other investments, Kroger's CFO makes a strong case for a proposed pension buyout.

Retailers

Union Chains, UFCW Reach Deal to Revamp Pensions

By Jon Springer on Jul. 21, 2020

Kroger, Albertsons and Stop & Shop to pay millions to withdraw from a underfunded UFCW fund, and establish new variable annuity plans.

Retailers

Soaring Beef Prices Lead Broad-Based U.S. Grocery Inflation

By Jon Springer on Jul. 14, 2020

Led by a 25.1% year-over-year increase in beef prices, grocery inflation in June registered a 5.6% year-over-year increase, according to the consumer price index.

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