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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.

Retailers

Albertsons Captures Kroger in Comp Pace

By Jon Springer on Jan. 10, 2020

Recent momentum forges a new parity among scaled conventionals.

Retailers

PAQ Inc. Turns to ESOP for Food 4 Less Stores

By Kat Martin on Jan. 07, 2020

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.

Retailers

Albertsons in 'Right Zone' for IPO as Q3 Sales, Profits Grow and Debts Dwindle

By Jon Springer on Jan. 07, 2020

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

Retailers

Fairway Could Face Liquidation in Chapter 11: Report

By Jon Springer on Jan. 06, 2020

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

Retailers

Save A Lot Recapitalizes, Could Pivot to Wholesale

By Jon Springer on Jan. 03, 2020

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.

Retailers

Dollar Tree Warns Shareholders of ‘Mini-Tender’ Offer

By Jon Springer on Jan. 02, 2020

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

Retailers

Louisiana Discounter Files Chapter 11

By Jon Springer on Dec. 30, 2019

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

Retailers

Military Vets Accuse Save A Lot Owner of Fraud, Racketeering

By Jon Springer on Dec. 17, 2019

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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