Tag: Retail – Consumer Staples

Kroger to buy retailer Giant Eagle in a $1.65 billion deal

Kroger said on Wednesday it would buy supermarket chain Giant Eagle in ​a $1.65 billion deal, as it looks to scale amid ‌intense competition in the grocery sector.

Target investors reject proposal for independent board chair, sources say

 Target (TGT.N), shareholders on Wednesday rejected an investor proposal to separate the roles of ​board chair and executive leadership, according to two sources ‌with direct knowledge of the vote.

Kroger Plans Biggest Price Cuts In Years to Take On Walmart, Costco

Kroger Co.’s new chief executive officer is looking at big price cuts in order to win back market share and take on his former employer, Walmart Inc., and other competitors.

Walmart issues worse-than-expected outlook as high gas prices hit shoppers

Walmart issued a worse-than-expected financial outlook on Thursday as it reported fiscal first-quarter results, raising questions about the health of the U.S. consumer as high gas prices strain shopper budgets.

Grocer Albertsons forecasts annual sales below estimates

Albertsons (ACI) forecast its annual sales ​below Wall Street estimates on Tuesday, pointing ‌to pressure on demand from fierce competition with bigger rivals rolling out heavier discounts.

Amazon launches 1-hour shipping in US cities to challenge Walmart

Amazon (AMZN) is ramping up its speedy delivery service by offering 1-hour and 3-hour shipping in markets across the ​U.S., including Los Angeles and Chicago, in its latest efforts to ‌stave off e-commerce competition from its biggest rival Walmart.

Σούπερ μάρκετ: Αυξημένος ο τζίρος το πρώτο δίμηνο του 2026 – Επιφυλακτικός ο καταναλωτής

Αύξηση 6,1% παρουσιάζει ο συνολικός τζίρος του οργανωμένου λιανεμπορίου το πρώτο δίμηνο του 2026.

Dollar General Stock Falls Even as Earnings Surprise. Here’s Why.

Shares in Dollar General (DG) tumbled Thursday even after the discount retailer posted quarterly earnings and sales that beat consensus expectations.

Walmart Earnings Beat Estimates but Guidance Misses. The Stock Falls.

Walmart narrowly beat fourth-quarter earnings estimates but full-year guidance was softer than expected as the company seeks to set a lower bar for its first year under new CEO John Furner.

Kroger Plans to Appoint Ex-Walmart Executive Foran as CEO

Kroger Co. plans to name Greg Foran as the supermarket chain’s next chief executive officer, according to a person familiar with the matter, as the nation’s largest grocer looks to carve a new path after a failed megadeal and an unexpected exit of its former boss.

Walmart teams up with Google’s Gemini to make it easier for shoppers to find and buy products

Walmart and Google said Sunday that shoppers will soon be able to use Google’s artificial intelligence assistant Gemini to more easily discover and buy products from the retail giant and its warehouse club, Sam’s Club.

Walmart stock rises on Nasdaq-100 Index addition

Walmart (WMT) stock rose 3.6% Monday morning after the retail giant was announced to join the Nasdaq-100 Index effective January 20, 2026.

Target, Whole Foods and Walmart to be added to ByHeart baby formula lawsuits

Target Corp., Whole Foods Market and Walmart Inc. will soon be named as defendants in lawsuits against baby formula manufacturer ByHeart over formula potentially contaminated with botulism-causing spores.

Kroger misses third-quarter sales estimates as shoppers pull back spending

Kroger missed Wall Street estimates for third-quarter sales on Thursday as price-sensitive shoppers and economic uncertainty weighed on demand for its groceries and fresh produce.

Dollar General raises annual profit forecast as low prices pull in bargain hunters

Dollar General raised its annual profit forecast after beating third-quarter earnings estimates on Thursday, banking on resilient demand at its discount stores, as well as its efforts to cut costs and reduce inventory-related damages.

Walmart hikes sales and earnings forecast as it attracts shoppers across incomes

Walmart raised its sales and earnings outlook Thursday as the retailer posted revenue gains in its fiscal third quarter, driven by double-digit e-commerce growth and new customers across incomes.

Target cuts earnings guidance, warns about high prices, and predicts a weak holiday season

Target has consistently delivered on one thing in 2025: Serving up brutal warnings about its business on earnings days.

Walmart CEO Doug McMillon to retire in January after nearly 12 years leading retailer

Walmart CEO Doug McMillon is retiring early next year, the company said Friday in a filing.

Target to lower prices on 3,000 everyday items for holiday season

Target is slashing prices on 3,000 everyday items such as food, beverages and household essentials during the holiday season, as it seeks to attract shoppers who are tightening budgets amid economic uncertainties.

Lilly, Walmart launch first retail pick-up option for weight-loss drug

Eli Lilly (LLY.N), said on Wednesday it is partnering with Walmart (WMT.N), to expand access to Lilly’s weight-loss drug Zepbound, which will be offered for pick-up at Walmart pharmacies nationwide by mid-November.