Grocery Business

Featured News

Buoyed by private label and digital sales, Kroger raises its financial forecast

The grocery giant, which is in talks to acquire Albertsons for $24.6 billion, on Thursday reported same-store sales growth of 6.9% for the third quarter. Operating profit, however, dipped 3.1% from a year ago.

Retailers

Albertsons’ planned $4B special dividend spotlighted by senate panel

CEO Vivek Sankaran said the payment would return cash to longtime shareholders and isn’t part of the Kroger merger.

Retailers

Grocery Outlet's new Maryland location now open; new store in Pennsylvania coming next week

The Maryland location is at 801 East Pulaski Highway in Elkton and the Pennsylvania location is at 1301 Quentin Rd. in Lebanon.

Recent Stories

Recent Stories

The new, ground-up, 50,000-square-foot store will be located at 2699 Benner Pike in Bellefonte, Pennsylvania..

The 46,811-square-foot store is located at the Coventry Marketplace at 955 Wood Duck Dr.

The move will spare grocers and other retailers from what industry leaders warned would be a disastrous supply chain situation.

In her lawsuit, Donya Prioleau alleges that the gunman who killed six of his coworkers in Chesapeake was known by the retailer to have a “long-standing pattern of disturbing and threatening behavior.”

Revenue at the delivery company has not kept up with costs coming out of the pandemic, CEO Tony Xu said Wednesday.

CEO Vivek Sankaran said the payment would return cash to longtime shareholders and isn’t part of the Kroger merger.

How We See It

Retailers kick off their charitable programs for the holiday season and celebrate generosity on Giving Tuesday.

The Dutch retailer said it remains committed to becoming carbon net zero across all of its operations by 2050.

The discount grocer's store count keeps growing as it opens its first store in Blairsville, Georgia, and announces prices cuts for shoppers as they enter the holiday entertaining season.