Food contributes to 2.9% gain in U.S. GDP for Q4

Consumer spending climbs 2.1% in the quarter, fueled in part by a rebound in purchases of goods.


Boxed lands up to $20 million new financing

Online retailer reiterates possibility of a sale of the company.

Owners have hired an investment bank to explore the disposal of the American c-store network, which includes Kroger's 700-plus convenience stores, report says.

Shareholders waited over two months as the payment, announced with the Kroger mega-merger, became entangled in litigation.

Washington’s Supreme Court late Tuesday cleared the way for stockholder payments to begin. But the state’s attorney general warned the grocer’s planned $24.6 billion merger with Kroger is “far from a done deal.”

Supermarket giant upholds strong growth pace since unveiling of merger deal with Kroger.

The discount grocery retailer-turned-wholesaler aims to sharpen its focus on growth.

Food and sundries provide comparable-sales lift, while online sales remain down versus tough prior-year comparison.

CEO Andy Jassy points to "uncertain economy" as the retail giant plans more "role reductions" in 2023.

A financing crunch amid a tough tech market prompts review of strategic alternatives, CEO Chieh Huang said.

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