China's spending slump weighs as e-commerce giant Alibaba misses estimates
Alibaba Group has recently reported disappointing first-quarter results, largely due to a spending slump among Chinese consumers. The e-commerce giant announced revenues of 243.24 billion yuan ($33.98 billion) for the quarter ending June 30, falling short of analysts’ predictions of…
The Fresh Market, NielsenIQ Form New Partnership
The Fresh Market has announced a significant partnership with NielsenIQ (NIQ), aimed at transforming the grocery shopping experience. This collaboration is set to enhance the specialty food retailer’s understanding of consumer behaviours while reinforcing its commitment to innovation and quality….
Why Consumers Are Taking Time to Plan Their Grocery Shop
Consumers today are taking a more methodical approach to grocery shopping, driven by rising prices and the abundance of shopping options. Recent insights from Inmar Intelligence, revealed during a webinar on mid-year promotion trends, show that shoppers are investing significant…
Consumers Prove Resilient – Again
Consumers Prove Resilient – Again Recent data highlights an interesting trend in consumer behavior amid economic uncertainties. The latest report from the U.S. Census Bureau unveils that retail sales surged by 1.1% from June to July, marking a 2.6% increase…
Erewhon Adds Whole-Body MRI Scans to Lifestyle Collective
Independent organic food retailer Erewhon has recently expanded its Lifestyle Collective by incorporating Prenuvo, a provider of whole-body MRI scans. This significant addition aligns with Erewhon’s objective to promote holistic health and preventive care. Other featured brands in the collective…
Rite Aid Exits Michigan
Rite Aid Corp has officially announced its exit from Michigan, marking a significant shift in the retail pharmacy landscape. This decision is one of the many results of the company’s recent bankruptcy filing and ongoing restructuring efforts. Rite Aid operated…
SpartanNash Reports Softer Sales in Q2
SpartanNash, a Michigan-based food solutions company, has reported a challenging second quarter, with net sales decreasing by 3.5% compared to the same period last year. This decline is primarily due to reduced volumes in both its retail and wholesale operations,…
Walmart Continues on Growth Track in Q2
Walmart Inc. has reported impressive results for the second quarter of its fiscal year 2025, demonstrating solid growth in revenue and operating income. E-commerce has become a significant driver of this success, with Walmart U.S. posting a remarkable 4.2% increase…
T&T Supermarkets to Open 1st California Store
T&T Supermarket Inc., a prominent Canadian Asian grocery chain, has announced plans to open its first California store at Westgate Center in San Jose in the fall of 2025. This move marks a significant step in T&T’s expansion into the…
Dollar General Adds to Its Board of Directors
Dollar General is enhancing its board of directors with the recent appointment of Kamy Scarlett, who holds the position of senior executive vice president of human resources, corporate affairs, and Best Buy Canada at Best Buy Co., Inc. This addition,…
