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Retail & Financial

The latest retail financial news covering expansions, mergers & acquisitions, quarterly reports, bankruptcies and other corporate developments.

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More Tops Markets now sell beer and wine

Sep 11, 2020

Fourth store in Pennsylvania cleared to offer expanded alcoholic beverage selection

Kroger’s identical sales jump nearly 15% in second quarter

Sep 11, 2020

CEO Rodney McMullen cites digital, fresh food, private brands as catalysts

Target to increase number of Black team members by 20% over three years

Sep 11, 2020

Retailer reports half of its workers are people of color, and more than half are women

Food retail sales remain strong at Sobeys in first quarter

Sep 10, 2020

‘Grocery sales are still significantly higher than historic levels,’ CEO Michael Medline says

Schnuck Markets reinforces ties to community with new store announcement

Sep 09, 2020

St. Louis-based retailer to open third store in Columbia, Mo., next year

Walmart tests drone grocery delivery in North Carolina

Sep 09, 2020

Retailer partners with Flytrex on end-to-end drone delivery pilot

Willy Street Co-op keeps community strong through COVID-19

Sep 09, 2020

To help its community during the pandemic, the Madison, Wis., co-op increased its support of low-income residents and ramped up its delivery service

SN Top 10: Albertsons’ retail innovation in pictures

Sep 06, 2020

Take a store tour — two tours, in fact — in this gallery that showcases how Albertsons is instituting a next-generation shopping experience in Albertsons and Safeway stores...

Costco reports double-digit sales growth for August, Q4

Sep 04, 2020

Monthly comp-sales up 13.2%, with strong performance across business units

Albertsons embraces micro-fulfillment to power e-commerce

Sep 03, 2020

To support e-commerce growth, Albertsons Cos. has expanded its partnership with automation specialist Takeoff Technologies to deploy micro-fulfillment centers (MFCs) to fill online grocery orders...