Retailers

The latest news and analysis of U.S. grocerymass, drug, discount and club retailers, including financial, executive leadership and mergers and acquisitions

Retailers

Despite Sales Growth, Target's Margins 'Well Below Expectations' in Q1

Echoing Walmart, Target said that higher transportation costs and excess inventory squeezed profits in the first quarter.

Retailers

Amazon Fresh Prepares for First Stores in New Jersey, New York

Once open, the grocery stores in Paramus, N.J., and Oceanside, N.Y., will bring Amazon Fresh’s store total to 32.

U.S. comp sales growth came in at a better-than-expected 3%, but the Bentonville, Ark.-based retailer lowered its full-year EPS guidance as 2022's "unusual environment" continues to pressure margins.

Danone, Unilever and Purina are among the first partners leveraging sponsored product in the country.

The grocer will hold pop-up hiring events on May 21 at its 113 locations in Arizona and New Mexico, as well as its distribution center in Chandler, Ariz.

The San Antonio-based retailer is expanding its presence in the Dallas-Fort Worth area as it increases its commitment to Texans with the launch of H-E-B Wellness Primary Care Clinic in Austin.

Walmart is aiming to bring more emerging and high-potential talent into its retail ecosystem with the announcement of a new management-training program and expanded career-development opportunities.

Walmart customers shifted their spending away from general merchandise to grocery—and in some cases, from national brands to private labels—to help manage rising food prices in the first quarter.

The Buffalo 5/14 Survivors Fund will "provide direct financial assistance to the survivors of the deceased and those directly affected," Tops said.

The Grand Rapids, Mich.-based retailer's new stores are in Fort Wayne, Ind., and West Branch, Mich.

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