Financials

Retailers

Village Comps and Profits Soar in Q3 as Chain Adjusts to COVID Crisis

The ShopRite operator incurred $5.5 million in new worker and store safety measures in the period.

Wholesalers & Distributors

How the Covid Effect Is Shaking Out at SpartanNash

The company invested heavily in sanitation and reward measures while seeing e-commerce and private label sales go up significantly.

Traffic slowness, department shutdowns and economic distress render the retailer a “victim of its own success,” one analyst said.

The one-time private owner realized a series of big returns from public stock sales.

Officials of Dollar General and Dollar Tree say the pandemic drove new visitors who were impressed with their improved store offerings.

All three divisions of the retailer and wholesale distributor see Q1 sales spike, resetting fiscal outlook.

Extraordinary demand, supply restrictions and a softening in promotions have seen prices creep higher, but conditions are otherwise right for deflation, the author says.

The membership warehouse club is awash in cash and looking for further growth as it was able to identify and adapt to changing shopping patterns quickly and efficiently, officials said.

The retailer's stores-as-distribution-hubs strategy was put to the test as COVID-influenced shopping changes led to strong comps but margin pressures.

The stock purchase, which would give Apollo a 17.5% ownership stake, provides a vote of confidence in the renewed retailer as its seeks a public offering.

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