Grocery

Consumers are spending more time working and eating from home during the COVID-19 pandemic, and these shifts in habits are here to stay, Albertsons Companies Inc. (NYSE: ACI) CEO Vivek Sankaran said on CNBC's "Squawk on the Street" hours after the company reported third-...

Grocers ended 2020 in a better position compared to other retailers and investors are wondering if the momentum can be sustained into 2021. High Note: Seven of the largest grocery nationwide grocery chains saw a year-over-year foot traffic decline of just 2.5% on Dec. 23 and a 1.1% drop on Dec. 24...

Retail giant Amazon.com, Inc. (NASDAQ: AMZN) opened its first Amazon Fresh grocery store in Woodland Hills, California in September, and it's off to a "very impressive" start, according to location analytics company Placer.ai. Strong Start: Amazon's California grocery store...

Shares of Kroger Co (NYSE: KR) fell more than 5% Thursday morning after the grocery chain reported a revenue miss in its third quarter and said online sales growth slowed. Quarter Review: Kroger said it earned 71 cents per share in the third quarter on revenue of $29.72 billion versus...

Matt Newberg, the founder of the food website HNGRY, posed as a driver for Amazon.com, Inc. (NASDAQ: AMZN) and wrote in a guest post for Grocery Dive that there is "much more lurking" behind the scenes at Amazon. What Happened: Amazon appears to have a strategy for its...

U.S. consumers are stocking up on food supplies ahead of a potential surge in COVID-19 cases — and they're worried about rising food prices, according to two separate surveys. Replenishing Ahead Of Winter: An Inmar Intelligence survey of U.S. consumers found that 57% of shoppers...

Whole Foods, the physical grocery store arm of Amazon.com, Inc. (NASDAQ: AMZN), announced the launch Wednesday of a new one-hour grocery pickup service exclusive for Prime members. Late To The Party: Amazon Prime members must place an order of $35 or more to qualify for a free one-hour pickup...

Grocer Whole Foods released its annual predictions of the top 10 food trends to look out for in 2021. Here are the trends the Amazon.com, Inc. (NASDAQ: AMZN)-owned grocer is expecting to dominate pantries next year.  1. Well-Being: Superfoods, probiotics and other health and...

Shares of Albertsons Companies Inc (NYSE: ACI) were higher by more than 4% after the grocery store company reported a top-and-bottom-line beat in its second-quarter results. Earnings Highlights: Albertsons said it earned 60 cents per share in the second quarter on revenue of $15.76 billion...

Instacart on Thursday said it secured $200 million as part of a new financing round that values the grocery delivery company at $17.7 billion. What Happened: Existing Instacart investors Valiant Peregrine Fund and D1 Capital Partners led the new financing round and comes at a time when...

Grocery chain Kroger Co (NYSE: KR) expanded its restaurant presence by launching two new on-premise kitchens for take-out and delivery orders. What Happened: Kroger launched two on-premise kitchens in Metro Indianapolis, Indiana, and Metro Columbus, Ohio, as part of an ongoing partnership...

Whole Foods founder and CEO John Mackey was a guest on Fox Business' "Barron's Roundtable" to talk grocery trends ahead of a likely surge in COVID-19 cases. No Change To Recent Trends: Whole Foods isn't stocking up on food items at a more than typical pace, Mackey said....

Grocery e-commerce platform Marcatus and consumer industry insights company Incisiv detailed in a new study current and future trends in the physical and online grocery space. Marcatus And Incisiv's Findings Marcatus and Incisiv analyzed relevant industry data and surveyed 60,000 people across...

The bullish case for General Mills, Inc. (NYSE: GIS) is based on a combination of the company's ability to maintain recent sales momentum and shares trading at a discount and , according to Credit Suisse. The General Mills Analyst: Robert Moskow upgraded General Mills from Neutral to...

Ongoing uncertainty surrounding community spread of coronavirus could impact how and where Americans shop for food and household essentials this fall. Every week, Benzinga releases nationally sampled consumer sentiment survey data related to the coronavirus impact. This week’s survey ...