Most AP automation tools were built for offices, not grocery receiving docks. Discover why grocers lose $37K/yr to DSD pricing errors—and how to stop it.
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inCorporate Store News, Featured News, Finance News, Ingles Markets, News, Southeast
Ingles Q3 Sales Up, Net Income Slips Due To Higher Expenses
Operating and administrative expenses were up nearly $8 million for the quarter.
Posted inCorporate Store News, Finance News, West
Costco’s July Sales Up 10.7 Percent; Fresh Foods Up Mid-Single Digits
Comparable store sales in U.S. clubs were up 10.3 percent during the month when including gasoline prices and foreign exchange.
Posted inCorporate Store News, Ahold Delhaize, Finance News, News, Northeast, Southeast
Ahold Delhaize U.S. Sales Rise 1.4% In Q2; Online Up 14.5%
U.S. comp sales up, but pharmacy rules, egg prices and SNAP program changes impacted their growth.
Posted inFinance News, Corporate Store News, Featured News, News, Northeast, Pharmacy, Weis Markets
Weis Markets’ Q2 Revenue Up, Net Income Down Sharply
Pharmacy revenue took a hit of more than $10 million related to Medicare rules that took effect Jan. 1.
Posted inFinance News, Featured News, Independent Store News, News, Publix Super Markets, Southeast
Publix Reports Sales Up In Q2, Half; Comps Slightly Down
Medicare changes and economic headwinds contributed to the comp-store decreases.
Posted inFinance News, Corporate Store News, Featured News, News, Organic Natural, West
Sprouts Sales Up, Comps Down In Q2; New Store Pace To Grow In Q3
The Phoenix-based grocer expects to open at least 15 stores in the third quarter – its largest quarterly cadence to date.
Posted inNews, Ahold Delhaize, Corporate Store News, Featured News, Finance News
Ahold Delhaize Marks 10 Years With Euronext Gong Ceremony
The Zaandam, Netherlands-based retailer was formed in 2016 through the merger of Ahold and Delhaize Group, one of the largest cross-border deals in food retail.