Report: Fairway Market is up for sale again

The iconic New York City-based grocer, which operates 15 supermarkets and four wine stores, has interest from potential buyers, Bloomberg reported.

By Krishna Thakker • Sept. 23, 2019

Smart cart startup Caper raises $10M

The startup, which says its AI-equipped shopping carts are a cheaper alternative to cashierless stores, will use the funding to build its team and fulfill its pipeline. 

By Jessica Dumont • Sept. 12, 2019

Amazon acquires stake in Indian grocer

The deal gives the company a 3.58% stake in India's Future Retail, the country's second largest retail chain with more than 1,500 stores. 

By Jessica Dumont • Aug. 23, 2019

Grocery Outlet bursts off the starting block

Its first publicly reported earnings showed strong comps and income growth, with executives confident in the company's future performance and expansion.

By Jessica Dumont • Aug. 14, 2019

Sprouts falls flat on Q2 earnings, but retains optimism

The company blamed some of its struggles on expanding and maintaining store productivity simultaneously, but hopes to build on strengths including its bulk section and pricing. 

By Jessica Dumont • Aug. 1, 2019

Amazon profits miss as expenses surge

The e-tailer's retail offerings performed well leading up to Prime Day while physical store sales — the majority of which are Whole Foods — remained flat.

By Daphne Howland • July 26, 2019

Albertsons' new CEO encouraged, wants to elevate performance

On the company's Q1 earnings call, Vivek Sankaran touted a sixth straight quarterly increase in same-store sales while pointing to the importance of technology and store updates.

By Jessica Dumont • July 24, 2019

Analysts are a 'go' for Grocery Outlet stock

The discount grocer's unique model, stable business performance and memorable shopping experience point to long-term success, according to reports from Jefferies and Cowen.

By Lauren Manning • July 16, 2019

Independent grocery platform Mercato wins new funding

The e-commerce provider, which serves smaller specialty food retailers, plans to use the capital to expand to new markets.  

By Lauren Manning • July 3, 2019

Kroger earnings stabilize, but long-term prospects remain murky

The retailer reported same-store sales that were below expectations, and said its alternative revenue streams will contribute $100 million in incremental profit this year.

By Jeff Wells • June 20, 2019

On IPO day, Grocery Outlet's president talks future vision

The company's stock, which was priced at $22 per share for the initial public offering, roared to life in trading on the Nasdaq Thursday. 

By Jessica Dumont • June 20, 2019

Grocery Outlet looks to raise $250M in IPO

The discount grocer aims to sell 17.2 million shares of common stock priced between $15 and $17 per share.

By Jessica Dumont • Updated June 10, 2019

UNFI beats earnings expectations as Supervalu integration continues

The distributor benefited from higher inflation, but its core business remains challenged by the competitive pressures and shifting consumer tastes its retail customers face.

By Jeff Wells • June 6, 2019

BJ's sets its sights on grocery

After shifts to health and beauty, the retailer's CEO Christopher Baldwin said during an earnings call that it plans to double down on the segment, particularly perishable goods. 

By Lauren Manning • May 24, 2019

Meal kit maker Purple Carrot sold to Japanese e-grocer

The deal includes a $12.8 million upfront payment plus $17 million if Purple Carrot hits unspecified earnings goals over the next three years, according to the companies.

By Jeff Wells • May 22, 2019

SpartanNash invests $18.3M in Family Fare re-brand

With two consecutive quarters missing expectations, the grocer-wholesaler is giving the banner a boost with a new look and improved offerings at 18 locations.

By Jessica Dumont • May 21, 2019

Ahold Delhaize reports top- and bottom-line growth

First-quarter results, which didn't include the impact of the Stop & Shop strikes, saw higher operating margins and net income while online sales rose 25%.

By Krishna Thakker • May 8, 2019

Save-A-Lot reportedly exploring a sale

According to Reuters, the hard discounter has hired an investment bank to look into an acquisition or outside investment as competition and a large debt load drag the business down.

By Jeff Wells • May 7, 2019

Publix's profits shoot up in Q1

Net sales totaled $9.7 billion and same-store sales increased 1.9%, though a calendar shift around Easter produced slightly lower-than-expected results.

By Krishna Thakker • May 2, 2019

Sprouts beats Q1 estimates, reports 60% delivery growth

The natural grocer said customers are increasingly recognizing it as an omnichannel destination as delivery now reaches all of its markets.

By Jessica Dumont • May 2, 2019

Blue Apron trims losses in Q1

Sales and customer count continued to slide as the meal kit company announced a new same-day delivery pilot in the San Francisco Bay Area.

By Krishna Thakker • April 30, 2019

Amazon 'morphing' free Prime 2-day shipping to 1 day

The e-commerce giant is investing some $800 million to upgrade the infrastructure for its most-appreciated Prime membership perk.

By Daphne Howland • April 26, 2019

Stop & Shop strike hits Ahold Delhaize's bottom line

The company estimates the 11-day strike will impact underlying profit by as much as $110 million.

By Jennifer Sweeney • April 24, 2019

Walgreens sees Kroger partnership as a way forward

After reporting its worst earnings since 2014, Walgreens executives said they plan to focus on grocery and other non-pharmacy offerings to boost business.

By Jessica Dumont • April 3, 2019

Kroger sells Turkey Hill brand

Private equity firm Peak Rock Capital acquired the CPG business for an undisclosed amount as Kroger focuses on its house brands.

By Jeff Wells • March 20, 2019