E-grocery sales surge in February, driven by subscriptions and delivery
This momentum highlights the impact of aggressive membership and subscription strategies, which have driven higher order frequency and customer retention.
This momentum highlights the impact of aggressive membership and subscription strategies, which have driven higher order frequency and customer retention.
“These results show that households are apprehensive and carefully navigating lingering inflation and turmoil related to changing economic policies,“ says NRF's Chief Economist.
The transaction is subject to customary closing conditions, including regulatory approval. Additional terms of the acquisition were not disclosed.
This marks the grocery giant's second wave of layoffs in less than a month. In February, Kroger also announced reductions in non-store positions across the country.
Despite the positive Q4 performance, Ulta warned of a challenging year ahead, forecasting full-year sales below analysts’ estimates. Profit per share is also expected to be lower than Wall Street’s expectations.
MiDOViA’s Menopause Friendly Accreditation recognizes organizations making impactful changes in menopause care beyond just awareness.
DG's Q4 profits hurt by portfolio review, store closings.
Amazon's physical retail operations have faced challenges in recent years. Due to economic headwinds, Amazon Fresh paused the expansion of new locations in 2023.
FTC attorney Jonathan Cohen retracted his previous statement in a letter to U.S. District Judge John Chun in Seattle.
“We have lost employees in the agency, in our division, and on our case team,“ FTC attorney Jonathan Cohen stated.
“We urge extreme caution in the use of tariffs to address unfair trade barriers to ensure that household budgets are not further squeezed by cost increases,” RILA said.
Within the food category, egg prices surged 10.4% in February, bringing the 12-month increase to a staggering 58.8%
The initiative seeks to revise the FDA’s “Generally Recognized as Safe” (GRAS) Final Rule.
The Nourishing Neighbors program will donate $10 million each year to fight food insecurity through focused initiatives.
Kroger reported e-commerce sales of $13 billion in 2024, underscoring the growing importance of its online operations.
These smaller stores will stock essential over-the-counter medications and first aid products but will not carry many consumer goods found in CVS.