Financials

Retailers

Walmart Accelerates U.S. Sales Momentum

CEO Doug McMillon advocates for debate on assault-weapon ban and support for stronger background checks before addressing the retailer’s financial results.

Retailers

Grocery Outlet Sales Soar in Q2

The newly public company blows past estimates on comps and earnings as shoppers respond to "wow" offers.

Margins increased as the retailer held the line on costs.

The retailer is still fighting to win back customers lost to the Stop & Shop strike, but results highlight sales momentum elsewhere.

The Federal Reserve’s service is expected to launch by 2024, modernizing payment systems to make funds available immediately, a move that FMI applauds.

New Blue Apron CEO Linda Kozlowski made a case for refocusing on direct-to-consumer sales as the meal-kit seller reviewed slow sales and lighter losses in the second quarter.

EDLP program lifts private label sales while margins remained under pressure, the retailer said.

The Easter holiday shift helped drive 4.8% comps in the period, the retailer said.

Loyalty program, private label and expanded store brand initiatives have spurred sales, though competitive concerns loom.

Jack Sinclair says improving performance "is in our own hands" as price and promotional woes beset the natural foods retailer; President and COO Jim Nielsen departing.

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