Financials

Retailers

Assets of Boxed to go up for auction

The online warehouse club-style retailer—impacted by technology and bank market crashes—entered Chapter 11 bankruptcy in April.

Kroger

Kroger tallies Q1 sales gains

Strong delivery results and growth in digital households helped boost online sales by 15%.

Grocery distributor announces actions to address profit weakness in “challenging environment.”

New Jersey-based ShopRite operator sees online sales rise nearly 5%.

The retail giant is taking aim at “persistently high levels of packaged food inflation,” CFRA Research’s Arun Sundaram said.

Aisle 1: In the past week, both Dollar Tree and Dollar General have warned that their shoppers are struggling. If deep discounters are feeling the stress, other retailers need to pay attention, writes WGB Editor-in-Chief Heather Lalley.

Grocery remains bright spot as nonfood sales, especially big-ticket items, continue to lag.

Progress in strategic plan comes amid “challenging macro dynamics,” CEO Tony Sarsam said.

The discounter’s stock price fell nearly 20% Thursday following a challenging first quarter earnings report that revealed mounting consumer pressure.

Growth in traffic and membership attest to the strength of the retailer's value proposition, CFO Richard Galanti said in announcing the wholesale club's third quarter earnings.

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