Finances & Deals: Page 16


  • Produce section of Safeway store at 415 14th Street, SE, Washington, D.C., on Aug. 11, 2020. Store opened Aug. 12, 2020.
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    Sam Silverstein/Grocery Dive
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    Grocery sales pick up steam in November

    The food-retailing sector moved ahead by nearly 2% during the month even as overall retail sales dipped, according to the Census Bureau.

    By Dec. 16, 2020
  • Farmstead
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    Retrieved from Farmstead.
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    Farmstead will expand to 14 more markets in 2021

    The online startup said it has also achieved profitability on a per-order basis in its home market of San Francisco.

    By , Rosie Bradbury • Dec. 15, 2020
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    Ahold Delhaize
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    Ahold Delhaize links latest line of credit to sustainability goals

    The Netherlands-based grocery retailer has closed a new revolving credit facility tied to its health and environmental ambitions. 

    By Rosie Bradbury • Dec. 14, 2020
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    Courtesy of Costco Wholesale
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    Costco reports strong comps, net sales and earnings in Q1 as foot traffic recovers

    The retailer saw online grocery sales surge by almost 300% during the 12 weeks that ended Nov. 22.

    By Dec. 11, 2020
  • Whole Foods Market
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    Courtesy of Whole Foods Market
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    UNFI expects to renew Whole Foods contract, name new CEO early next year

    The distribution company's sales moderated as it missed Wall Street estimates for revenue and earnings per share.

    By Dec. 10, 2020
  • Dollar General reports strong Q3 results as it continues self-distribution push

    The discount chain offers produce at more than 1,000 stores and expects to roll it out to 600 additional locations next year. 

    By Dec. 4, 2020
  • Kroger storefront
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    Courtesy of Kroger
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    Kroger's overall sales growth slows as digital remains hot

    Online sales contributed to nearly half of the grocer's 10.9% comparable sales gain in Q3, with channel demand "three years or so" ahead of schedule, Chairman and CEO Rodney McMullen said.

    By Dec. 3, 2020
  • Exterior of BJ's Wholesale Club store
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    Courtesy of BJ's Wholesale Club
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    BJ's grocery sales remain robust amid one-stop shopping

    The warehouse club is focusing its assortment on healthier offerings as it looks to attract families with teens.

    By Nov. 23, 2020
  • The outside of a Target location in Martinsburg, Virginia
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    Courtesy of Target
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    Target steals more market share as same-day channels grow 217% in Q3

    The retailer posted banner numbers across the board as consumers leaned on its digital-first services and flocked to its stores.

    By Ben Unglesbee • Nov. 18, 2020
  • Dollar General increases investment in frontline bonuses by 40%

    The discount retailer will award an additional $50 million in bonuses in the fourth quarter, bringing its total-year payout to $173 million.

    By Nov. 18, 2020
  • A grocery aisle at the Wegmans store in Tysons, Virginia
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    Catherine Douglas Moran/Grocery Dive
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    Grocery sales fall slightly in October but stay well above 2019 cadence

    Consumer spending on groceries continues at the calmer month-to-month pace that began in May, the Census Bureau reported.

    By Nov. 17, 2020
  • Two blue bags with groceries on a doorstep.
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    Courtesy of Walmart corporate blog
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    Walmart sales gains slow in Q3 as visits drop and basket sizes rise

    The number of transactions at the retailer declined 14.2% during the quarter while average ticket size rose 24%.

    By Ben Unglesbee • Nov. 17, 2020
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    DoorDash
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    DoorDash launches IPO

    The food delivery company's initial public offering stock price is expected to range between $75 and $85 per share. 

    By Julie Littman • Updated Nov. 30, 2020
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    SpartanNash
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    SpartanNash sees sales and comp store growth subside in Q3

    The grocer intends to make adjustments to its sagging military business, according to new CEO Tony Sarsam.

    By Nov. 12, 2020
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    Jessica Dumont
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    Grocery Outlet sees slower comp sales growth in Q3, looks ahead to fleet expansion

    The discount grocer, known for its "treasure hunts," is on track to open 34 stores this year and sees room to add 1,500 more.

    By Nov. 11, 2020
  • Exterior of Giant Food store at 9400 Fairfax Boulevard, Fairfax, Virginia, on Aug. 25, 2020. Store opened Aug. 21, 2020.
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    Sam Silverstein/Grocery Dive
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    Ahold Delhaize lays out omnichannel updates to keep 2020 growth going long term

    As it logged another strong financial quarter, the company announced new digital services and a 100% increase in online capacity. 

    By Nov. 4, 2020
  • Prepared meals from Freshly
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    Courtesy of Freshly
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    Nestlé buys Freshly, valuing meal delivery firm at $950M

    The world's largest food manufacturer, which purchased a stake in the upstart in 2017, can bring its deep knowledge of customer trends, R&D capability and portfolio of brands to the meal kit delivery business.

    By Christopher Doering • Oct. 30, 2020
  • Blue Apron yo-yos again with Q3 customer losses

    The meal kit company rebounded when the pandemic hit, but its latest earnings report revealed operational struggles to meet demand. 

    By Jessica Dumont • Oct. 30, 2020
  • Whole Foods redesigns private label products
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    Courtesy of Whole Foods
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    Price and meal prep top of mind for retailers rethinking private brands

    Over the next two years, roughly one-third of retailers plan to significantly increase investments in private brands as they capitalize on shifting consumer habits brought on by the pandemic, according to FMI.

    By Oct. 30, 2020
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    Yujin Kim / Supply Chain Dive
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    Pandemic fuels blockbuster Amazon Q3 even without Prime Day

    But the e-commerce giant seems to have ceded some market share to rivals, which are logging even higher increases in online sales, analysts said.

    By Daphne Howland • Oct. 30, 2020
  • Sprouts' ID sales growth slows as it stays the course on long-term strategy

    The natural foods chain's digital sales increased 337% during the quarter, and it began taking pickup and delivery orders directly through its website and app.

    By Oct. 29, 2020
  • Kroger
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    Jeff Wells/Grocery Dive
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    As Kroger Restock winds down, questions remain over digital profitability

    Executives said the initiative has set the grocer on the right course, and it's gaining market share faster than ever, but a lot still rests on the success of its Ocado tie-up.

    By Oct. 28, 2020
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    Aldi
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    Aldi opening Arizona stores next week as part of US expansion

    The discount grocery chain will open two much-anticipated stores in Arizona on Nov. 5 and has at least seven more reportedly in the planning stages in the state.

    By Rosie Bradbury • Oct. 26, 2020
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    H-E-B
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    H-E-B doles out $500 bonus to workers

    The pay boost to all full- and part-time employees follows a permanent compensation increase the retailer implemented in June.

    By Oct. 23, 2020
  • Whole Foods new 365 brand logo
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    Courtesy of Whole Foods
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    Why Trader Joe's traffic has recovered but Whole Foods' hasn't

    Specialty chains were hit hardest by the drop-off in Q2 foot traffic, but some, like Trader Joe's, have been better at adapting to a new "mission-driven" shopper mindset, according to a report from Placer.ai.

    By Rosie Bradbury • Oct. 22, 2020