Christine LaFave Grace

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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."

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.

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.

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.

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.

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.

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.

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%.

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.

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.

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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