The number of cases of Covid-19 continue to increase across the United States daily and while some industries are at a virtual standstill, the grocery industry is hard-pressed to keep up with consumer demand. While California-based Instacart is planning to hire 300,000 people nationwide, Western grocers Smart & Final, Superior Grocers and Albertsons Cos. are […]
Tag: Dave Hirz
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Net Sales Up, But Same-Store Down At Smart & Final
Smart & Final Stores has reported its financial results for the first quarter 2017, ended March 26. While net sales for the Commerce, California-based company increased 6.4 percent to $967.0 million, comparable store sales decreased 2.5 percent. The retailer cites impacts of deflation, cannibalization and adverse weather for the decline. Net loss for the quarter […]