Grocery Outlet raises full-year guidance, will expand e-commerce coverage

CEO Eric Lindberg said during Tuesday's earnings call that the discount grocer plans to introduce Uber Eats and DoorDash delivery to a subset of stores following a successful online rollout with Instacart. 

By Catherine Douglas Moran • May 11, 2022

Food Rocket plans to offer 15-minute delivery from Chicago convenience store

The ultrafast grocery delivery startup intends to co-locate a fulfillment center with a Circle K location set to open this summer and plans to expand to additional cities this year.

By Sam Silverstein • May 10, 2022

Sprouts lowers its outlook for the year as unit sales decline

CEO Jack Sinclair said the company sees ways to boost baskets amid rising gas and food prices, but analysts aren't sold on the plan.

By Jeff Wells • May 5, 2022

Publix sees sales and earnings rise in Q1

The Florida-based supermarket chain recorded a comparable store sales increase of 11.7% for the first quarter of 2022 on a year-over-year basis, as revenue for the period rose 13.5% to $13.2 billion.

By Sam Silverstein • May 3, 2022

Rapid grocery delivery startup Food Rocket raises $25M, links with Circle K

The company plans to use the funding to expand to new markets, bolster its proprietary technology and work alongside the convenience store chain on e-commerce.

By Catherine Douglas Moran • April 27, 2022

Tony's Fresh Market sold to Apollo Global Management

The private equity firm is taking control of the Chicago-based specialty grocery chain, which has been family owned since its founding in 1979.

By Sam Silverstein • April 20, 2022

Albertsons' CEO sees loyalty as 'next phase' of business transformation

The grocer's loyalty program now has 30 million members, and the company hopes to deepen engagement across its digital and store initiatives, Vivek Sankaran told investors on Tuesday.

By Catherine Douglas Moran • April 12, 2022

Save Mart taps former Albertsons marketing chief as executive chairman

In an interview, Shane Sampson said the newly acquired regional grocery chain plans to be "nimble and agile" and that new private equity owner Kingswood Capital Management understands retail.

By Sam Silverstein • April 5, 2022

Sprouts ties new loan terms to sustainability goals

The health-focused grocer will incur lower borrowing costs under the revolving credit facility if it achieves targets for the sale of socially and environmentally sustainable products and the diversity of its board of directors.

By Sam Silverstein • March 28, 2022

Save Mart bought by private equity firm

The acquisition of the grocery company, which runs roughly 200 stores under the Save Mart, Lucky California and FoodMaxx banners in California and Nevada, marks the latest sale of a regional grocery chain.

By Catherine Douglas Moran , Jeff Wells • March 28, 2022

Instacart slashes its valuation by nearly 40%

The move comes amid a significant slowdown in growth on its core marketplace and follows its expansion into new technology services for retailers.

By Jeff Wells • March 25, 2022

Dollar General bulks up on perishables in Q4 as overall comps wilt

Sales penetration across the discount retailer's frozen and refrigerated categories has grown to 9%, driven by its DG Fresh self-distribution initiative.

By Sam Silverstein • March 18, 2022

Boxed targets B2B sales, technology services for growth

In its first public earnings report, the e-tailer noted sluggish results for its retail operations but expressed optimism for its business sales and tech services.

By Jeff Wells • March 17, 2022

AiFi raises $65M as retailers sharpen focus on computer vision

The frictionless checkout technology provider plans to use the funds, which it raised from investors including Aldi South Group, to expand its technical staff and put its gear into stores faster.

By Sam Silverstein • March 14, 2022

UNFI raises full-year guidance as it weathers supply chain challenges

Sales to Whole Foods and independent grocers increased by double digits in the company's Q2, but supply chain pressures continue to impact the business.

By Jeff Wells • March 10, 2022

Retail tech provider Swiftly raises $100M

The company, which helps drive digital shoppers to grocery stores, plans to expand its workforce by about 50%, said Chief Technology Officer Sean Turner.

By Sam Silverstein • March 9, 2022

Buyk halts service due to financing roadblock

Unable to access funds from its Russian founders, the U.S.-based ultrafast delivery service has furloughed workers and stopped serving customers until it lines up U.S. funding sources.

By Catherine Douglas Moran • March 8, 2022

Kroger's stock price soars after Q4 results and 2022 guidance beat projections

The grocer's better-than-expected comps and earnings guidance raised its stock price to its highest level in more than a year and indicated it still has plenty of room to grow in 2022.

By Jeff Wells • March 3, 2022

Grocery Outlet sees a brighter future amid inflation, supply chain woes

One-stop shopping behaviors have stemmed the company's growth during much of the pandemic, but executives say the chain is resonating with increasingly price-conscious shoppers.

By Catherine Douglas Moran , Jeff Wells • March 2, 2022

Publix boosts capital budget for 2022

The Southeastern chain expects to spend $2 billion this year on new stores and other projects, a 55% increase over the nearly $1.3 billion it invested in 2021.

By Jeff Wells • March 2, 2022

Target rides traffic boost to 19th straight quarter of growth

CEO Brian Cornell said that rises in comparable sales and other strong performance numbers were "proof our strategy is working."

By Ben Unglesbee • March 1, 2022

Albertsons could sell off underperforming banners, analyst says

As the supermarket chain announced its intention to weigh "strategic alternatives," Arun Sundaram with CFRA Research said selling off stores would help it better compete in omnichannel retailing.

By Sam Silverstein • March 1, 2022

Food waste reduction app Flashfood raises $12.3M

The company plans to use the Series A round to expand its U.S. presence.

By Catherine Douglas Moran • March 1, 2022

Weee raises $425M in latest funding round

The Series E investment boost, led by SoftBank Vision Fund 2, raises the ethnic e-grocer's valuation to $4.1 billion. 

By Catherine Douglas Moran • Feb. 28, 2022

Sprouts sees comp sales improve and makes executive changes

The specialty grocer appointed Nicholas Konat, former director of food merchandise planning at Target, as president and chief operating officer, and disclosed that Gil Phipps is no longer serving as chief marketing officer.

By Sam Silverstein • Feb. 25, 2022