Finances & Deals
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Sam Silverstein/Grocery Dive
ColumnThe Friday Checkout: Walmart and Target earnings point to shopper demands
While both retailers have grown their grocery offerings recently, Walmart fared much better in the third quarter — highlighting a key strategic difference between the retailers in the core department.
By Grocery Dive Staff • Nov. 22, 2024 -
Nate Delesline III/Grocery Dive
Target misses Q3 earnings expectations, lowers guidance
While the retailer’s food and beverage category grew in the low single digits in Q3, a deceleration in discretionary demand and multiple cost pressures caused headwinds.
By Nate Delesline III • Nov. 20, 2024 -
Scott Olson via Getty Images
Walmart exceeds Wall Street expectations in Q3
The retailer’s food units reached their highest level in four years while e-commerce saw a significant bump.
By Peyton Bigora , Catherine Douglas Moran • Nov. 19, 2024 -
Jeff Wells/Grocery Dive
What the stock market is saying about Albertsons and Kroger
The companies’ diverging performances this year say a lot about their respective outlooks and the likelihood of their merger going through, according to Wall Street analysts.
By Sam Silverstein • Nov. 13, 2024 -
Courtesy of Instacart
Instacart records vigorous Q3
Rising volumes and a growing advertising business helped drive the technology company’s results, though investors appear dissatisfied with its outlook.
By Catherine Douglas Moran • Nov. 13, 2024 -
Courtesy of Grubhub
Wonder to acquire Grubhub for $650M
Just Eat Takeaway originally purchased Grubhub for $7 billion in 2020 and has been trying to sell the company since 2022.
By Julie Littman • Nov. 13, 2024 -
ArLawKa AungTun via Getty Images
ColumnThe Friday Checkout: Will grocery M&A heat up under Trump?
Corporate leaders anticipate a flurry of deals once Donald Trump returns to the White House. The grocery industry seems primed for more combinations.
By Grocery Dive Staff • Nov. 8, 2024 -
Courtesy of Kroger
Kroger finalizes $1.4B opioid settlement with 30 states
The settlement includes attorney fees of up to $149 million as part of the arrangement — nearly 11% of the total amount.
By Catherine Douglas Moran • Nov. 6, 2024 -
Catherine Douglas Moran/Grocery Dive
Kroger-Albertsons merger in court: 6 key takeaways
Competition, pricing and the fate of Albertsons were key points of contention in the three court battles that unfolded over a nearly two-month period.
By Jeff Wells , Sam Silverstein • Nov. 4, 2024 -
Kaarin Vembar/Grocery Dive
Publix reports Q3 sales uptick
Heightened shopping demand during Hurricane Helene boosted sales for the Florida-based grocer during the three-month period that ended Sept. 28.
By Catherine Douglas Moran • Updated Nov. 4, 2024 -
Peyton Bigora/Grocery Dive
Sprouts’ strong momentum continues in Q3
The grocer’s net sales hit $1.9 billion, fueled by solid comparable-store sales and ongoing brick-and-mortar expansion.
By Peyton Bigora • Oct. 31, 2024 -
Catalin205 via Getty Images
In Remembrance: 5 grocery concepts and companies that got buried in 2024
From the demise of Dom’s Kitchen & Market to the shuttering of Schnucks’ Eatwell banner, the industry has put several things to rest this year.
By Catherine Douglas Moran • Oct. 31, 2024 -
Courtesy of Simbe
Simbe raises $50M in latest funding round
Goldman Sachs led the robotics company’s Series C round, which brings its total funding raised to over $100 million.
By Catherine Douglas Moran • Oct. 25, 2024 -
CatLane via iStock
Sponsored by GivexCommunity roundup – Spare change, big impact!
What is Community Roundup and how can it enhance your business? Learn how easy it is to give back to the community every time you shop.
By Andy Ruff , Vice President of Community Rewards, Givex • Oct. 21, 2024 -
Courtesy of Save A Lot
Save A Lot launches first-ever loyalty program
Shoppers can redeem points for free products and access deals through the mobile app while individual stores can customize the app with local offers.
By Peyton Bigora • Oct. 16, 2024 -
AnastasiaNurullina via Getty Images
Aldi’s Thanksgiving basket to feed 10 people for less than $47
This year’s deal includes a Butterball turkey and numerous staple side dishes and ingredients.
By Peyton Bigora • Oct. 16, 2024 -
Permission granted by Wakefern Food Corp.
Wakefern buys specialty food brand Di Bruno Bros.
The regional grocery cooperative now owns the portfolio of Italian and European products, which are distributed nationally.
By Catherine Douglas Moran • Oct. 16, 2024 -
Sam Silverstein/Grocery Dive
Albertsons records modest revenue gain in Q2, but profitability falls
The supermarket operator posted same-stores sales growth of 2.5% during the period, while net income slipped 45%.
By Sam Silverstein • Oct. 15, 2024 -
Courtesy of SpartanNash
SpartanNash to buy regional grocer Fresh Encounter
The acquisition of the grocer’s 49 stores across Ohio, Indiana and Kentucky grows SpartanNash’s store portfolio by a third.
By Catherine Douglas Moran • Oct. 14, 2024 -
Courtesy of Caroline Medeiros
Stop & Shop pressed on pricing by 4 Democratic lawmakers
The politicians’ letter to Ahold Delhaize CEO Frans Muller asked for an explanation on pricing discrepancies between Massachusetts locations.
By Peyton Bigora • Updated Oct. 11, 2024 -
Mark Seip/Grocery Dive
Albertsons to pay nearly $4M to settle civil law enforcement complaint
The grocer engaged in false advertising and unfair competition by unlawfully charging higher prices on goods, according to Los Angeles’ district attorney.
By Peyton Bigora • Oct. 7, 2024 -
Peyton Bigora/Grocery Dive
UNFI posts net sales increase, unveils 3-year financial recovery plan
The company will focus on “controllable variables” to improve financial results and will cut back on capital investments next year, CEO Sandy Douglas said.
By Peyton Bigora • Oct. 1, 2024 -
Courtesy of Weis Markets
Weis Markets buys 2 supermarkets
The Mid-Atlantic grocer plans to convert the stores it is acquiring from Sunnyway Foods to its own banner.
By Sam Silverstein • Sept. 24, 2024 -
Scott Olson via Getty Images
ColumnThe Friday Checkout: Kroger faces uphill climb as judge weighs merger’s fate
Although a court decision could still be weeks away, Wall Street analysts and investors are predicting the deal with Albertsons won’t get approved.
By Grocery Dive Staff • Sept. 20, 2024 -
Courtesy of Albertsons
Closing arguments in FTC’s case against Kroger-Albertsons merger set for Tuesday
As the three-week-long trial winds down, another legal proceeding over the deal is getting started in Washington state.
By Jeff Wells • Sept. 17, 2024
