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Financials

Retailers

Assets of Boxed to go up for auction

 By Russell Redman on Jun. 20, 2023

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

 By Russell Redman on Jun. 15, 2023

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

Wholesalers & Distributors

UNFI CEO Sandy Douglas cites ‘deep disappointment’ with Q3 results

By Russell Redman on Jun. 07, 2023

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

Retailers

Village Super Market upholds sales pace in Q3

By Russell Redman on Jun. 06, 2023

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

Walmart

Analyst: Walmart issues ‘warning shot’ to CPGs on pricing

By Russell Redman on Jun. 05, 2023

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

Inflation

Dollar stores sound the alarm

By Heather Lalley on Jun. 02, 2023

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.

Retailers

Costco posts lackluster U.S., e-commerce comp sales in May

By Russell Redman on Jun. 02, 2023

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

Wholesalers & Distributors

SpartanNash rides sales momentum in 1st quarter

By Russell Redman on Jun. 01, 2023

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

Retailers

CEO: Dollar General shoppers are struggling

By Heather Lalley on Jun. 01, 2023

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

Retailers

Costco ‘doing as good a job as anyone’ in reining in prices

By Russell Redman on May 30, 2023

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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