Grocery Inflation Sticks Around in November, Up 1.6% for the Year
As 2024 draws to a close, grocery inflation remains a noteworthy issue in the food retail space. Recent Consumer Price Index (CPI) data from the Bureau of Labor Statistics (BLS) highlights a creeping increase in grocery prices, indicating that inflation…
Is Walgreens Seeking a Sale?
Walgreens is navigating stormy waters as it faces significant operational challenges and financial struggles. Following a harsh fiscal year culminating in a staggering $14.1 billion in operating losses, the pharmaceutical giant is believed to be weighing all options, including the…
Schnucks Names New Chief Data and Information Officer
Schnuck Markets, Inc. has appointed Tom Henry as its new Chief Data and Information Officer (CDIO), succeeding Bob Hardester, who is retiring after a decade in his role as both CIO and Chief Supply Chain Officer. This leadership change comes…
Grocery Inflation Sticks Around in November, Up 1.6% for the Year
As 2024 concludes, grocery inflation is still a concern for consumers. Recent data from the Consumer Price Index (CPI) highlights that grocery prices continue to rise, witnessing an increase of 0.5% in November alone. The Bureau of Labor Statistics (BLS)…
eGrowcery, Forage Enable EBT SNAP Payments for Retailers
In a notable advancement for the grocery retail sector, eGrowcery and Forage have announced a partnership designed to enhance payment solutions for digital grocery orders. This collaboration aims to provide significant flexibility in the realm of food purchases, particularly benefiting…
Stop & Shop Makes Digital Coupons Easily Accessible to All Offline
In a significant move to enhance customer engagement and accessibility, Stop & Shop has initiated a nationwide rollout of its innovative Savings Station kiosks. Designed specifically for grocery shoppers who may not have access to advanced digital technologies—such as smartphones…
Ollie’s Buying Up Big Lots Leases; New CEO to Take Reins in February
Ollie’s Bargain Outlet is making notable strides in the retail sector, recently announcing a 7.8% increase in revenue for its third quarter. The company has strategically leveraged former Big Lots locations to fuel its expansion, a move that comes on…
UNFI Off to ‘Solid Start’ in Q1
In the competitive landscape of grocery distribution, United Natural Foods Inc. (UNFI) has shown promising signs of resilience in its recent financial report for the first quarter of fiscal 2025. For the 13-week period ending November 2, UNFI reported net…
Hy-Vee Beefing Up In-Store Retail Media
Hy-Vee is setting a new standard in in-store advertising through its recent partnership with Grocery TV, an innovative retail media platform. Beginning February 2025, the collaboration will empower Hy-Vee to maximize the reach of brands at 400 retail locations by…
Albertsons Terminates Merger Agreement, Sues Kroger for Breach of Contract
In a significant turn of events within the grocery sector, Albertsons Companies has announced its decision to terminate the proposed merger agreement with The Kroger Co. This decision follows injunctions from both the U.S. District Court in Oregon and the…
