Three months in the national spotlight reached a kind of peak this week for conventional supermarkets, as news from the two largest U.S. chains highlighted crowning performances during the coronavirus crisis. Kroger detailed robust in-store and online sales growth in its fiscal first quarter that officials said vindicated its strenuous Restock program, while Albertsons Cos. at long last priced an initial public stock offering fueled by rapid COVID profit and sales growth valuing the company at $10 billion. And while there were plenty of reminders that the industry was not beyond the complications of operating in ongoing health, economic and social crises, the benefits of being essential providers were, in a word, super.
How the Pandemic Accelerated Kroger's Transformation
Investments in online shopping and other "moats" of Restock helped the retailer bank record volume gains.
Albertsons Prices IPO
Striking while COVID demand drives historic gains in sales, the stock sales could generate more than $1.3 billion for outgoing owners.
H-E-B’s Masking Red Tape
While Texas is one of 20 states to experience a record spike in coronavirus-related hospitalizations this week, shoppers throughout most of the state are no longer required to wear masks in businesses, including grocery stores.
Giant Eagle Reopens ‘Dark’ Store to the Public
The Garfield Heights, Ohio, store—one of two stores dedicated to curbside pickup only during the pandemic—will reopen to customers to shop in-store.
Trade-Down Shoppers Encounter ‘A Different Dollar General’
As a recession takes hold, the discounter keeps an eye on vulnerable core shoppers—and welcomes wealthier new visitors, CEO Todd Vasos says.
PepsiCo Takes a 'Hard Look' at Its Portfolio
As the country grapples with racial inequalities, Quaker Oats has decided to remove the 130-year-old Aunt Jemima brand from its portfolio.
PCC Community Markets Opens in Central District With New Racial Equity Protocols
The pandemic and racial unrest roiling Seattle played a large role in how PCC plans to operate its new store.
The Paradox of the Sudden Recession
Conventional supermarket retailers may eventually reckon with increased demand for value, but the unusual circumstances have them riding high—not low, analysts say.
Plant-Based Meat Alternatives Show Robust Gains Amid Tight Meat Supply
Since the pandemic shopping began, dollar and volume growth have both been in the double digits compared to last year.
Coronavirus Accelerates Need to Connect With Shoppers 'Hyperpersonally'
Online retail has conditioned consumers to expect hyperpersonalized experiences wherever they go, and the pandemic is quickening the convergence.
Target Bumps Starting Wage to $15; Extends COVID Health Benefits
The $2-per-hour increase meets the retailer's 2017 goals; one-time bonus comes as premium pay ends and some COVID health benefits are extended.
GreenWise Market Opens First Georgia Store
The 25,089-square-foot location is the seventh for the specialty, natural and organic retailer.
Tom Thumb's Restaurant Partnership Brings Texas BBQ to Its Shelves
Terry Black’s Barbecue's partnership with the grocer was brought on by “changes in how people dine out, how people shop for groceries.”