Jon Springer

Executive Editor

Articles by
Jon Springer

Page 104
Retailers

Kroger Beats Sales, Profits Expectation in Q3

The Kroger Co.’s third-quarter sales and earnings exceeded expectations, with officials framing the performance as a promising start for the newly launched Restock initiative.

Retailers

Ingles Investor Nominates 2 Board Members

The investment fund has proposed the candidates to join the retailer’s board of directors at its 2018 annual meeting of shareholders in February.

The Tewksbury, Mass.-based operator of Market Basket stores in New England quietly launched a website, as well as corporate Twitter, Facebook and Instagram accounts late last month.

The grocery e-commerce landscape is turning into a three-way battle: There’s Amazon, there’s Walmart and then there’s everyone else.

Nearly 700 workers will be laid off next month as the company switches to a different third-party manager.

Ahold Delhaize confirmed this week that its Fresh Formats division, which pioneered the millennial-friendly Everything Fresh and Bfresh small-store concepts, would be rolled into its Stop & Shop store division.

A financial report filed by Whole Foods with the Securities and Exchange Commission—the company’s final such report now that it’s a part of the larger Amazon—indicates sales jumped by 4.4% in its fiscal fourth quarter.

A challenging year for Natural Grocers by Vitamin Cottage ended on a positive note as the retailer exceeded sales and earnings projections for its fiscal fourth quarter.

The partnership with Venmo supports hunger charity, and may broaden appeal.

The chain is “learning and adapting” in the U.S., an official says.

The retailer's Q3 results have been impacted by hotter competition.

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