Retailers

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

Retailers

Most U.S. Households Subscribe to a Retail Membership Program

Data and tech company Numerator finds that Amazon Prime has a higher satisfaction rate and intent to renew among subscribers vs. Walmart+ and Shipt Everyday.

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.

"We really are an integral part of the community. We do more than just sell groceries; we’re a center, in many cases, of the neighborhood," Tops' John Persons says.

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

The two retail giants expected to see elevated supply-chain costs, more macroeconomic uncertainty and an impact from lapping stimulus spending—but not to this extent.

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.

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.

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