H-E-B Topples Amazon as Top U.S. Grocery Retailer

By Bridget Goldschidmt Source: Progressive Grocer After two years in the top spot, Amazon has ceded first place to H-E-B in the sixth annual dunnhumby Retailer Preference Index (RPI), a comprehensive nationwide study probing the approximately $1 trillion U.S. grocery market. Three years into the pandemic, H-E-B has wrested back [...]

2023-02-03T19:11:55+00:00February 3rd, 2023|Tags: , |

Whole Foods charts a new course

By Richard Mitchell Source: Supermarket News Whole Foods Market Chief Executive Officer Jason Buechel has unveiled what he said is a 10-year vision for leading the company into the future. The Austin-based retailer’s “Growing with Purpose” initiative, announced at the grocer’s first quarterly town hall meeting, will follow a scheme [...]

2023-01-19T16:14:20+00:00January 19th, 2023|Tags: |

NRF: Get ready for change, executives warn

By Richard Mitchell Source: Supermarket News Keeping in step with a rapidly changing marketplace will be key for retaining shoppers, according to major retail executives. In remarks at the National Retail Federation’s NRF 2023 Retail’s Big Show event in New York, John Furner, president and chief executive officer of Walmart [...]

2023-01-19T16:04:11+00:00January 19th, 2023|Tags: , |

Kroger’s Merger With Albertsons Could Help Its Stock in a Tough Time for Grocers. Here’s How.

By Sabrina Escobar Source: MarketWatch Kroger's intended merger with rival Albertsons could limit declines in its stock, even as macroeconomic conditions get tougher for the grocery segment, Morgan Stanley says. Analyst Simeon Gutman raised his rating for Kroger stock to Equal-Weight from Underweight on Tuesday and changed his price target [...]

2023-01-18T22:24:51+00:00January 18th, 2023|Tags: , , |
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