Walmart records grocery gains in Q3 but feels inflationary heat

The retailer is working to lower food prices to help consumers spend more on general merchandise as the holidays near, executives told investors.

By Catherine Douglas Moran • Nov. 16, 2023

The Friday Checkout: Instacart’s $2.6B payout

The company beat the Street in its first earnings report, but all the stock-based compensation it had piled up swung it to a loss.

By Grocery Dive Staff • Nov. 10, 2023

Ahold Delhaize’s results lose steam

The grocer’s comparable sales, net sales, operating income and online sales all lost momentum year over year during the third quarter.

By Sam Silverstein • Nov. 9, 2023

Instacart posts strong results in first earnings report since public market debut

For its third quarter, the company recorded $764 million in revenue, up 14% year over year, and a net loss of $2 billion mainly due to stock-based compensation tied to its IPO.

By Catherine Douglas Moran • Nov. 8, 2023

Ahold Delhaize USA selling FreshDirect to Getir

The food retail giant said it is offloading the grocery e-commerce service to focus on omnichannel. 

By Catherine Douglas Moran , Sam Silverstein , Jeff Wells • Nov. 8, 2023

Sprouts revises 2024 store count expansion plans

The specialty grocer plans to open 35 new locations next year rather than 40, the company’s CFO said Tuesday during an earnings call.

By Peyton Bigora • Nov. 1, 2023

The Friday Checkout: Kroger’s retail media business breaks new ground

The grocery giant plans to measure carbon emissions linked to offsite media campaigns and launch a programmatic offering amid an increasingly competitive retail media landscape. 

By Grocery Dive Staff • Oct. 20, 2023

Walmart aims to take inflation off the Thanksgiving table

The retailer’s two meal bundles match 2021 prices and provide customers with essential ingredients or convenient ready-to-bake goods. 

By Peyton Bigora • Oct. 19, 2023

What’s ahead in grocery M&A?

Kroger and Albertsons’ proposed mega-merger has prompted players in the industry to explore ways to work together, analysts and observers say.

By Catherine Douglas Moran , Sam Silverstein • Oct. 18, 2023

Albertsons results soften as headwinds persist

The grocer reported Tuesday that sales growth, same-store sales, net income and adjusted EBITDA all lost steam during the second quarter.

By Sam Silverstein • Oct. 17, 2023

Rite Aid files for Chapter 11 bankruptcy, names new CEO

The pharmacy retailer plans to use bankruptcy to shrink its store footprint and manage a nearly $4 billion debt load.

By Nate Delesline III • Oct. 16, 2023

Canada’s five largest grocery chains pledge to stabilize food prices

Metro, Loblaws, Sobeys, Walmart and Costco made initial commitments after recently meeting with the country’s minister of innovation, science and industry.

By Peyton Bigora • Oct. 9, 2023

Blue Apron to be acquired by Wonder Group

The food tech company founded by former Walmart e-commerce executive Marc Lore is buying the meal kit company for about $103 million — a fraction of what it was worth when it went public in 2017.

By Catherine Douglas Moran • Sept. 29, 2023

Kroger makes local sourcing pledge tied to Albertsons merger

The grocery giant said it will increase the number of local products in its stores by 10% once the proposed mega-merger closes. 

By Catherine Douglas Moran • Sept. 20, 2023

Kroger took a hard look at the past when crafting divestiture deal, CEO says

The chain was determined to avoid a repeat of Albertsons’ ill-fated 2015 deal with Haggen as it developed plans to sell stores to C&S Wholesale Grocers, Chairman and CEO Rodney McMullen said.

By Sam Silverstein • Sept. 20, 2023

Instacart makes long-awaited public market debut

The company’s shares on the Nasdaq started trading at $30 under the ticker symbol “CART” on Tuesday, putting its valuation at just below $10 billion. 

By Catherine Douglas Moran • Sept. 19, 2023

Instacart lifts target IPO share price range

The grocery tech company now expects its shares to fetch between $28 and $30 each, which would raise between $616 million and $660 million for the firm when it goes public.

By Catherine Douglas Moran • Sept. 15, 2023

Even with divestiture deal, Kroger-Albertsons merger faces challenging odds, analysts say

The grocers’ plan to sell hundreds of stores to C&S Wholesale Grocers increases the chance of the deal getting done, according to two Wall Street firms — though they still put the odds at only around 50%.

By Sam Silverstein • Sept. 14, 2023

Mapping Kroger and Albertson’s store divestiture deal with C&S

Three maps help outline the proposed $1.9 billion divestiture plan and show how the wholesaler could more than triple its footprint of retail locations.

By Catherine Douglas Moran , Peyton Bigora • Sept. 12, 2023

UFCW local unions raise concerns about Kroger-Albertsons’ divestiture plan with C&S

Seven UFCW Locals likened the deal to Haggen's purchase of Safeway stores in 2015, while UFCW International’s president said the organization will continue to closely monitor its impact.

By Peyton Bigora • Sept. 11, 2023

Instacart seeks up to $9.3B valuation in IPO

The grocery tech company plans to offer 22 million shares within an estimated price range of $26 to $28 per share, which would raise between $572 million and $616 million, per an SEC filing. 

By Catherine Douglas Moran , Sam Silverstein • Sept. 11, 2023

Kroger sees Q2 earnings slip with $1.4B opioid settlement charge

The grocer brought in $33.9 billion in sales, 2% less than during the same period last year, and said its settlement will cover most nationwide opioid claims.

By Catherine Douglas Moran • Sept. 8, 2023

Kroger, Albertsons may sell stores to C&S Wholesale Grocers: reports

The wholesale grocery supply company is in talks to buy locations that the supermarket operators are looking to offload to win regulatory approval for their merger, according to Bloomberg and Reuters.

By Catherine Douglas Moran • Sept. 6, 2023

How grocers are targeting back-to-school shoppers

Along with traditional promos on supplies and snacks, retailers this year are also incorporating evolving areas of their businesses like health services and prepared foods.

By Peyton Bigora • Aug. 28, 2023

Instacart files plans to go public

The grocery technology company, which intends to list its shares on the Nasdaq under the ticker symbol “CART,” said it has not yet determined how much money it will seek to raise through the IPO.

By Sam Silverstein , Catherine Douglas Moran • Updated Aug. 25, 2023