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.

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

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

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.

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

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

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

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

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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