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Christine LaFave Grace

Editor

Articles by
Christine LaFave Grace

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Retailers

UPDATE: Police Identify Victims in Mass Shooting at Buffalo Tops

Tops President John Persons said Monday that the company is "rapidly working to create a fund for the families of victims and those directly impacted."

Retailers

10 Dead in Mass Shooting at Tops Friendly Market in Buffalo, NY

A suspect was in custody Saturday evening following a mass shooting described by Erie County Sheriff John Garcia as "pure evil."

CPG

Biden Talks Formula Shortage with Walmart, Target CEOs, Vows Action

Retail leaders and manufacturers discussed with the president what they're doing to combat a nationwide baby-formula shortage that saw out-of-stocks spike to 43% for the week ended May 8.

Retailers

SpartanNash Touts Higher Sales and Margins Ahead of Key Board Vote

The retailer and wholesaler, battling with an activist investor group over the makeup and direction of its board, reported a preliminary comp-store sales increase of 7.2% in Q1.

Fresh Food

Wholesale Inflation Came In at 11% in April, Down Slightly

Producer prices for eggs soared 161% year over year and wholesale grain prices spiked 41% in a month that saw wholesale food inflation significantly outpace overall producer price inflation.

Technology

Instacart Files IPO Paperwork

The San Francisco-based delivery specialist, which cut its valuation by almost 40% in March, said it had confidentially filed an S-1 registration form with the SEC.

Retailers

Target Workers in Christiansburg, Va., Seek Union Vote

Adam Ryan, an organizer with Virginia-based Target Workers Unite, filed a petition with the National Labor Relations Board calling for a union election at the Christiansburg store.

Retailers

South American Retail Conglomerate to Take Majority Stake in The Fresh Market

Cencosud, with funds managed by an Apollo Global Management affiliate, will acquire a 67% stake in The Fresh Market Holdings, which operates 160 grocery stores in 22 states.

Retailers

Grocery Inflation Rose Even Further in April

Food-at-home prices rose 10.8% year over year in April, another 40-plus-year high, as inflation across the economy cooled only slightly to 8.3%.

Retailers

SpartanNash Partners With DoorDash for Speedy Delivery

More than 100 SpartanNash-owned stores and 2,100 independent grocers served by the company's wholesale business will be able to access on-demand grocery delivery through DoorDash.

Retailers

Who's Still on the Labor-Force Sidelines? Older Workers

Americans 65 and older have yet to return to prepandemic employment levels and constitute the biggest segment of the "missing" workforce, a Kansas City Fed economist finds.

Technology

Online Grocery Sales Skidded in April

With inflation top of mind for consumers, delivery order volumes shrank during the month, and even pickup—online grocery's powerhouse—saw declines.

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