Finances & Deals: Page 11


  • Image attribution tooltip
    Al Bello via Getty Images
    Image attribution tooltip

    Walmart shrugs off disruption as US comps grow 5.6%

    Despite a slowdown in e-commerce and over $400 million in supply chain costs in Q4, the retailer grew its sales and made a pile from non-retail income. 

    By Ben Unglesbee • Feb. 17, 2022
  • Exterior of a Save A Lot store
    Image attribution tooltip
    Courtesy of Save A Lot
    Image attribution tooltip

    Save A Lot finishes conversion to wholesale model

    The discount food retailer said it will hold onto 18 locations in its home market of St. Louis to test "new innovations and programs."

    By Feb. 11, 2022
  • Natural Grocers
    Image attribution tooltip
    Courtesy of Natural Grocers
    Image attribution tooltip

    How Natural Grocers' health loyalty program is powering growth

    The company's {N}power membership grew 20% over the past year and now accounts for nearly three-quarters of its net sales.

    By Feb. 7, 2022
  • Exterior of BJ's Wholesale Club store
    Image attribution tooltip
    Courtesy of BJ's Wholesale Club
    Image attribution tooltip

    BJ's to buy four refrigerated distribution centers

    The acquisition of the facilities from longtime partner Burris Logistics will allow the club retailer to handle its perishable supply chain in-house.

    By Jan. 26, 2022
  • Products available from Bokksu
    Image attribution tooltip
    Courtesy of Bokksu
    Image attribution tooltip

    Japanese digital food marketplace Bokksu raises $22M

    The Series A round, which brings the New York- and Tokyo-based company's valuation to $100 million, will help expand product assortment, fund more original content and bring on more workers. 

    By Jan. 25, 2022
  • Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Albertsons' CEO says consumer engagement remains 'strong' amid inflation, but uncertainty looms

    Vivek Sankaran said the grocer hasn't seen a major impact in consumption patterns, though it's preparing for a shift if prices rise further.

    By Jan. 12, 2022
  • Exterior of Foxtrot Market's Georgetown location in Washington, D.C.
    Image attribution tooltip
    Sam Silverstein/Grocery Dive
    Image attribution tooltip

    Foxtrot brings in $100M, plans to open 25 new stores in 2022

    The upscale convenience store chain is also testing cashierless technology and looking to triple the size of its engineering team to about 120 people, co-founder and CEO Mike LaVitola said.

    By Jan. 11, 2022
  • Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Albertsons' sales return to pre-pandemic levels, research shows

    The grocer is also seeing fewer shoppers than it did prior to the onset of the public health crisis, but average monthly sales per customer remain up, according to a report by Bloomberg Second Measure.

    By Jan. 6, 2022
  • Exterior of a Costco store
    Image attribution tooltip
    Tim Boyle via Getty Images
    Image attribution tooltip

    Costco is adding pickup lockers to more stores

    The retailer expects to have pickup lockers in more than 200 of its locations by the end of 2022 and has launched an online marketplace with almost 1,000 products, Chief Financial Officer Richard Galanti told investors on Thursday.

    By Dec. 13, 2021
  • UNFI
    Image attribution tooltip
    Courtesy of United Natural Foods, Inc.
    Image attribution tooltip

    UNFI gets a Q1 boost from new business and inflation

    The wholesaler recorded $7 billion in net sales — the second time it's ever hit that quarterly number as strong macro trends outpaced supply challenges.

    By Dec. 8, 2021
  • A silver sign on a brick wall identifies the Kroger Co. corporate headquarters.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Kroger's stock jumps as comp sales turn positive

    The company posted its first positive identical sales growth this fiscal year as net sales and earnings also beat Wall Street's expectations.

    By Dec. 2, 2021
  • Boxed
    Image attribution tooltip
    Courtesy of Boxed
    Image attribution tooltip

    Boxed moves into on-demand, fresh grocery delivery with acquisition

    By acquiring New York's MaxDelivery, the online retailer said it will be able to scale same-day, dark-store-powered service to additional markets in the months ahead.

    By , Nov. 30, 2021
  • Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    Dollar Tree pivots to $1.25 prices even as inflation-wary shoppers seek the retailer out

    The company saw a modest sales bump during the third quarter, with consumers chasing value. Meanwhile, supply chain costs have choked margins.

    By Ben Unglesbee • Nov. 23, 2021
  • Exterior of BJ's Wholesale Club store
    Image attribution tooltip
    Courtesy of BJ's Wholesale Club
    Image attribution tooltip

    Grocery leads sales gains for BJ's as club stores continue to thrive

    Grocery comps for the quarter increased 6%, and the company announced it will begin delivery via DoorDash early next year.

    By Nov. 19, 2021
  • Image attribution tooltip
    Al Bello via Getty Images
    Image attribution tooltip

    Walmart steals grocery market share in Q3

    Domestic comp sales were up 9.2% in the quarter as consumers turned to the retailer amid record inflation.

    By Maria Monteros • Nov. 16, 2021
  • Grocery Outlet
    Image attribution tooltip
    Jessica Dumont/Grocery Dive
    Image attribution tooltip

    Grocery Outlet still struggling to regain momentum

    Traffic levels remain depressed as shoppers continue to prioritize stock-up shopping and e-commerce, but stock analysts see a brighter 2022 ahead for the discount grocer.

    By Nov. 10, 2021
  • Rendering of Sprouts exterior
    Image attribution tooltip
    Permission granted by Sprouts Farmers Market
    Image attribution tooltip

    Sprouts sees comp sales fall as strategy stalls

    The produce-focused grocer has not been able to regain the approximately 25% of transactions it lost in the second quarter of 2020, CEO Jack Sinclair said during the company's earnings call.

    By Nov. 5, 2021
  • Exterior of a Reasor's store in Tulsa, Oklahoma
    Image attribution tooltip
    Retrieved from Google Maps on November 02, 2021
    Image attribution tooltip

    Brookshire Grocery Company to acquire Reasor's

    With the acquisition, the Texas-based supermarket chain will expand into Oklahoma, with the 17 stores continuing to operate under the Reasor's banner. 

    By Nov. 2, 2021
  • Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    Amazon Q3 retail sales rise only slightly as profits plummet

    The e-commerce giant grappled with ballooning costs and falling revenue in the period, reflecting challenges that other retailers also face right now.

    By Daphne Howland • Oct. 29, 2021
  • Instacart shopper buying groceries
    Image attribution tooltip
    Courtesy of Instacart
    Image attribution tooltip
    Deep Dive // Instacart's Road to IPO

    Examining Instacart's emerging next chapter

    On the heels of two technology acquisitions, a deeper move into digital ads and fulfillment-as-a-service, analysts weigh in on what the e-commerce company is building.

    By Oct. 26, 2021
  • Ethnic e-grocer Weee
    Image attribution tooltip
    Permission granted by Weee
    Image attribution tooltip

    E-grocer Weee expands restaurant delivery with acquisition

    The company's pickup of food delivery company Ricepo helps deepen its presence in restaurant delivery and respond to customer demands, according to the Thursday announcement.

    By Oct. 21, 2021
  • A Coborn's store in New Prague, Minnesota
    Image attribution tooltip
    Retrieved from Google Maps on October 19, 2021
    Image attribution tooltip

    Coborn's to enter Michigan with 6-store acquisition

    The purchase of Tadych's Econofoods will boost Coborn's store count by roughly 10% and add approximately 800 employees to its workforce.

    By Oct. 20, 2021
  • Gorillas
    Image attribution tooltip
    Courtesy of Gorillas
    Image attribution tooltip

    Gorillas nabs nearly $1B in Series C funding led by Delivery Hero

    The funding puts the ultrafast delivery startup at a pre-money valuation of $2.1 billion and gives Delivery Hero a roughly 8% stake in the company.

    By Oct. 19, 2021
  • The Caper Cart
    Image attribution tooltip
    Courtesy of Instacart
    Image attribution tooltip

    Instacart buys smart cart maker Caper AI for $350M

    The e-commerce company said its acquisition will help bridge in-store and online shopping for consumers while making it easier for its workers to fulfill orders.

    By Oct. 19, 2021
  • Instacart
    Image attribution tooltip
    Retrieved from Instacart on March 02, 2021
    Image attribution tooltip

    Instacart acquires catering software firm FoodStorm

    The acquisition will provide Instacart with an order management system for end-to-end order-ahead and catering services that it will integrate into its enterprise grocery e-commerce solutions. 

    By Oct. 7, 2021