In its fourth-quarter highlights, Bentonville, Arkansas-based Walmart U.S. reported total revenue was $141.7 billion, an increase of $2.9 billion, or 2.1 percent. Walmart U.S. comp sales increased on a two-year stacked basis by 6 percent with continued strength in food and consumables. Walmart U.S. e-commerce had strong growth in grocery pickup and delivery, and walmart.com […]
Category: Corporate Store News
Kroger Precision Marketing Challenges Media Industry
The Kroger Co.’s media advertising business, Kroger Precision Marketing (KPM), has a new sales attribution capability to provide brands full transparency into media performance. Kroger’s self-service advertising platform now allows brands to view in-store and online sales results attributed to advertising campaigns across Kroger properties. Kroger applies only 100 percent verified transactions from both in-store and online customers. Microsoft […]
Sprouts Farmers Market To Open Redding, CA, Store On Feb. 26
Sprouts Farmers Market will open in Redding, California, at 1401 Hilltop Drive on Wednesday, Feb. 26. Sprouts’ store layout, inspired by farmers markets, features fresh produce at the center of the store, an expansive bulk foods section and an extensive vitamin department focused on wellness. To celebrate the new store, Sprouts is giving away a classic […]
QFC Design In Kirkland, Washington, Embraces Modern Grocery Store Experience
Quality Food Centers (QFC) reports that its new store in Kirkland, Washington, was designed by Mackenzie, an integrated design firm based in Portland, Oregon. Central to the design of the store, which the company said has thrived since opening on July 31, are comfortable communal spaces where customers are encouraged to sit, relax and enjoy […]
Instacart Drives Job Creation, Revenue Growth For Grocery Industry
A new study by Dr. Robert Kulick of NERA Economic Consulting released Feb. 12 reveals the positive economic impact that Instacart has on the broader U.S. retail grocery industry. The study leverages statistical analysis to quantify Instacart’s role—deemed “The Instacart Effect”—in driving significant increases in retail grocery employment and revenue. The study found that by […]
Food Lion MVP Customers Save Millions With Shop & Earn Rewards
Food Lion recently celebrated the two-year anniversary of its innovative Shop & Earn MVP rewards program. With Shop & Earn, MVP customers have saved more than $58 million in the past two years on top of their usual MVP savings. Since the program’s full banner inception in February 2018, customers have loaded their monthly Shop […]
Earth Fare Store Leases, Intellectual Property Assets Up For Sale
A&G Real Estate Partners (AGREP) and Hilco Streambank have been engaged by Asheville, North Carolina-based Earth Fare to market and sell all Earth Fare stores and leases, and its intellectual property, respectively. Earth Fare, the natural and organic grocer, announced liquidation sales at all of its stores on Feb. 3, and filed for Chapter 11 […]
Sprouts Farmers Market To Open Cave Creek, AZ, Store Feb. 19
Sprouts Farmers Market will open in Cave Creek, Arizona, at 5355 East Carefree Highway on Wednesday, Feb. 19. More than 100 new team members will be led by Store Manager Tom Critz, who has been with Sprouts in various leadership positions since 2011 and most recently managed the store at Scottsdale and Pinnacle Peak Roads. “Tom […]
