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Financials

Technology

Computer Vision Firm Trax Collects $640M in New Funding

SoftBank leads investment in software that leverages computer vision data into solutions for CPGs, retailers and shoppers.

Retailers

8 Big Numbers From Kroger’s Strategy Update

Kroger’s presentation of its newly hatched strategy accompanied a barrage of statistics illustrating the challenges and opportunities before it.

Retailers

Kroger’s New Game Plan: Double Online Sales, Get Fresher

By Jon Springer on Mar. 31, 2021

"Leading with Fresh and Accelerating with Digital" will build on capabilities established in Restock, officials say.

Fresh Food

AeroFarms to Go Public in SPAC Deal

By Jon Springer on Mar. 26, 2021

The indoor produce grower said the SPAC deal would provide it with capital for geographic and category expansion.

Industry Partners

How Grocers Can Stop Losing 25% of Purchase Volume to Competition

By Gordon Wade on Mar. 26, 2021

Retailers need to identify the shoppers and categories leaking volume, and focus on recapturing that lost volume with specific initiatives, says thought leader Gordon Wade.

Retailers

Can Restaurants and Retail Both Come Out of COVID in Better Shape?

By Jon Springer on Mar. 25, 2021

Supermarkets are giving back much of the extra spending power their shutdown peers in the restaurant loaned them during COVID, but both channels could come back stronger than they went in, a Barclays report says.

Technology

Ocado Officials Tout Smaller Facilities

By Jon Springer on Mar. 19, 2021

Smaller facilities, including a newly-opened "mini-CFC," and Zoom will support a high-tech grocery e-commerce ecosystem en route to the U.S. with Kroger, Ocado officials said this week.

Retailers

Make More Room for Dollar General

By Jon Springer on Mar. 18, 2021

Officials said its standard stores will grow in square feet by more than 16% this year, accommodating the discounter's outsized growth plans.

Retailers

The Fresh Market Eyes an IPO

By Jon Springer on Mar. 15, 2021

After five years in private hands and with an operating turnaround bearing fruit, the specialty fresh merchant has begun to seek a return to a public listing.

Retailers

Weis Posts 14.1% Comps in Q4

By Jon Springer on Mar. 10, 2021

COVID sales trends backed by a strong operational performance helped the retailer post 16.1% sales gain in fiscal 2020, CEO Jonathan Weis said.

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