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Financials

Retailers

Walmart's New Plan: Unite the Orange and Blue

CEO Doug McMillon eyes "a whole other gear" to spark bigger, more profitable e-commerce baskets.

Retailers

Kroger Draws Investment From Warren Buffett

The noted investor's Berkshire Hathaway reveals it spent $550M to acquire 19 million shares.

Retailers

Ahold Delhaize Shutting Down Peapod's Midwest Operations

By Jon Springer on Feb. 12, 2020

The e-commerce operation, which operated with little competition for the better part of two decades, will refocus on East Coast supermarket brands as food delivery takes on a new contours.

Retailers

Omnichannel Powers U.S. Q4 Sales Momentum at Ahold Delhaize

By Jon Springer on Feb. 12, 2020

The retailer's U.S. comps grew by 2.3%—and online sales by nearly 43%—justifying a focus on bricks with clicks.

CPG

Brandless Closes Shop in Blow to Virtual CPG Challenger

By Jon Springer on Feb. 11, 2020

The online shop built around multiple consumer and retail trends couldn't overcome cost challenges and competition despite heavy funding.

Retailers

Ingles Feels Effects of Gas Prices, Refinancing Costs in Q1

By Jon Springer on Feb. 10, 2020

Sales and comps increased on higher rings and a small increase in traffic during the holiday period.

Retailers

How Earth Fare's Last-Gasp Deal Collapsed

By Jon Springer on Feb. 05, 2020

Bankruptcy filing details talks with a potential suitor that died over the weekend, leading to the retailer's sudden liquidation.

Retailers

Earth Fare Files Chapter 11 as Liquidation Commences

By Jon Springer on Feb. 04, 2020

After a sale effort proved unsuccessful, the beleaguered natural foods retailer seeks to raise funds for creditors through inventory and asset blowouts while minimizing additional obligations.

Retailers

Earth Fare Shutting All Stores

By Jon Springer on Feb. 03, 2020

The pioneering natural and organic chain said competition, debts and a fruitless search for buyers impeded the company’s progress.

Retailers

Grocery Delivery Orders Double as Amazon Sales Soar in Q4

By Jon Springer on Feb. 01, 2020

The online giant described free Prime delivery as a test, but customers are voting affirmatively.

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