Shares of Sprouts Farmers Market, The Fresh Market and other specialty grocers tumbled Wednesday following a weaker-than-expected earnings report from Whole Foods Market, which some saw as a sign of increasing compet...
Supervalu, in partnership with four Twin Cities-area independent retailers, said Wednesday that the group has agreed to acquire 18 Rainbow Foods grocery stores from Milwaukee-based Roundy’s for about $65 million, plu...
“We continue to believe management is implementing the right strategies as the company works to improve business fundamentals.”
—SCOTT MUSHKIN, Wolfe Research
Lunds and Byerly’s Kitchen, a new foodservice-focused format in Wayzata, Minn., from Lunds Food Holdings, focuses on freshly prepared offerings. The 17,000-square-foot space includes plenty of chef-driven...
Supervalu said Wednesday that fourth-quarter identical-store sales were up 2.1% at Save-A-Lot and 0.2% at its more traditional supermarkets, helping drive net income of $26 million for the period.
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"[Supermarkets] went out and looked at the top Internet retailers, like Amazon.com and Best Buy, and tried to imitate that, rather than trying to create an experience modeled on the way people shop for groceries...
Mariano’s Fresh Market has opened an 80,000-square-foot, two-story supermarket in the Ravenswood area on Chicago’s North Side. Among the amenities at the fast-growing chain’s largest location are a...
"It’s more of a threat to traditional supermarkets than to Whole Foods, but Walmart has always been a threat to traditional supermarkets more than to Whole Foods."...