Continue to Site >>>

Financials

Retail Foodservice

Blue Apron receives NYSE delisting warning

 By Russell Redman on Jan. 03, 2023

The meal kit company fell below the exchange’s stock price and market capitalization requirements.

Albertsons

Albertsons granted expedited review for delayed $4B dividend

 By Russell Redman on Jan. 03, 2023

Washington Supreme Court moves up hearing on special payment by three weeks.

Albertsons

Albertsons’ $4B special dividend held up through early February

By Russell Redman on Dec. 23, 2022

Washington Supreme Court sets new hearing to review state’s request for an appeal.

Retailers

Boxed retail business rides B2B wave

By Russell Redman on Dec. 20, 2022

CEO Chieh Huang eyes more growth for the online bulk-products retailer from higher-margin channels.

Albertsons

Albertsons $4B dividend payment remains frozen

By Russell Redman on Dec. 19, 2022

Washington Supreme Court extends temporary restraining order pending a decision on an appeal.

Retailers

Costco sales climb in Q1 despite earnings miss

By Russell Redman on Dec. 09, 2022

The warehouse club chain is holding the line on fresh food pricing amid continued margin pressure.

Albertsons

Judge nixes request for injunction on Albertsons’ $4B dividend

By Russell Redman on Dec. 09, 2022

The temporary restraining order on the grocer's planned special payment to shareholders was extended another 10 days.

Wholesalers & Distributors

Higher prices and new business drove UNFI's Q1 sales

By Diane Adam on Dec. 07, 2022

Net sales for the company's fiscal first quarter, which ended Oct. 29, were up 7.6% year over year, to $7.5 billion.

Retailers

Costco sales growth slows again in November

By Russell Redman on Dec. 02, 2022

U.S. comparable sales at the warehouse club climbed 6% for the month, while total e-commerce sales fell more than 10%.

Kroger

Buoyed by private label and digital sales, Kroger raises its financial forecast

By Heather Lalley on Dec. 01, 2022

The grocery giant, which is in talks to acquire Albertsons for $24.6 billion, on Thursday reported same-store sales growth of 6.9% for the third quarter. Operating profit, however, dipped 3.1% from a year ago.

  • Page 5