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Kroger accelerated strategic game plan in 2022, executives say

 By Russell Redman on Mar. 02, 2023

CEO Rodney McMullen reports that Albertsons merger negotiations with regulators are on track.

Technology

Report: Instacart’s profits are soaring

 By Heather Lalley on Mar. 02, 2023

The same-day delivery platform’s gross profits jumped more than 80% during the fourth quarter and it may be re-launching its IPO bid, according to the Wall Street Journal.

Retailers

Publix closes out 2022 with Q4 double-digit sales gain

By Diane Adam on Mar. 01, 2023

The employee-owned grocery chain's stock price also increased from $13.19 per share to $14.55 per share.

Retailers

Why Grocery Outlet’s roadmap includes growth—despite potholes from construction challenges

By Diane Adam on Mar. 01, 2023

“We believe we have the potential for more than 10 times the number of stores we have today,” President and CEO RJ Sheedy told analysts during Tuesday’s Q4 earnings call.

Retailers

Why Target says 2022 was rougher than 2020

By Heather Lalley on Mar. 01, 2023

Soaring inflation, supply chain headaches and changing consumer patterns conspired to create a volatile and frustrating year for the retailer. Here’s what it’s doing to find its bullseye.

Retailers

Loblaw builds stronger value proposition for shoppers

By Russell Redman on Mar. 01, 2023

Canada’s biggest food and drug retailer eyes more discount store conversions and more customer savings in 2023.

Retailers

Amid economic uncertainty, Target treads cautiously

By Heather Lalley on Feb. 28, 2023

Strength in grocery helped the retailer partially make up for lackluster fourth quarter and full-year results that saw significant margin weakness.

Retailers

Grocery Outlet tallies double-digit net, comparable sales gains for 2022 fourth quarter, fiscal year

By Russell Redman on Feb. 28, 2023

CEO RJ Sheedy points to “strong momentum in our business” amid rising transactions and basket size.

Retailers

Weis Markets’ moves pay off with strong 2022 fiscal year

By Russell Redman on Feb. 27, 2023

CEO Jonathan Weis says loyalty marketing, price investments and new efficiencies helped counteract higher operational costs and inflation.

Wholesalers & Distributors

SpartanNash sees strong top-line finish to 2022 fiscal year

By Russell Redman on Feb. 23, 2023

Wholesale, retail business segments post double-digit Q4 sales growth, aided by elevated inflation.

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