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Financials

Specialty/Gourmet

Sprouts Farmers Market sees green in its differentiation strategy

 By Heather Lalley on Aug. 02, 2023

A curated product selection and growing omnichannel focus are leading the natural-and-organic grocer down the right path, executives said in reporting second-quarter results Tuesday.

Retailers

July brings improved sales at Costco

 By Russell Redman on Aug. 02, 2023

Online sales increase ends eight-month skid for warehouse club’s e-commerce business.

Retailers

Publix posts another strong quarter

By Heather Lalley on Aug. 01, 2023

The employee-owned supermarket, whose stock is not publicly traded, reported that same-store sales increased 6.2% for the three months ended July 1.

Retailers

Better value brings better sales for Loblaw in second quarter

By Russell Redman on Jul. 26, 2023

Executives cite discount grocery formats, private brands and personalized loyalty offers as traffic and purchase drivers.

Albertsons

Albertsons gets a lift from digital sales in Q1

By Russell Redman on Jul. 25, 2023

CEO Vivek Sankaran said grocer remains “focused on driving operational excellence in our stores” amid pending merger with Kroger.

Retailers

Erewhon Market makes equity investment in CPG brand Zuma Valley

By Diane Adam on Jul. 20, 2023

The food company makes coconut products that are featured in the grocer's famed smoothies and its whipped cream is a bestseller for the upscale grocer.

Inflation

Grocery prices hold steady in June

By Heather Lalley on Jul. 12, 2023

Egg prices continued to decrease significantly, while prices for meats, poultry, fish and dairy also dropped. Restaurant prices, however, continue to tick upward, according to CPI data released Wednesday.

Retailers

Costco sees little change in June sales

By Russell Redman on Jul. 07, 2023

U.S. comparable sales declined 2.5%, but analysts noted that the club chain’s core comps remain steady.

Retailers

Walgreens to close 150 stores over the next year

By Russell Redman on Jun. 30, 2023

Cost-savings targets raised as Q3 profit for U.S. health care business falls short of management’s expectations.

Retailers

Sobeys finishes fiscal 2023 on high note with completion of Project Horizon

By Russell Redman on Jun. 22, 2023

CEO Michael Medline said the Canadian retailer’s focus is now on “turbo-charging our business.”

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