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Contact-free payment speeds up checkout at discount grocer
Aldi is making it easier for customers to pay for purchases. The fast-growing deep-discount grocer now accepts all forms of contactless payment, including Apple Pay, Google Wallet and Android Pay. All options are available across Aldi’s nearly 1,700 stores nationwide. Shoppers can pay for their groceries by tapping their contactless-enabled bank card, smartphone or other wearable device on a dedicated payment terminal. -
Kroger Q2 profit falls on price cuts as same-store sales rise
Aggressive price cuts took a toll on the nation's largest grocery store operator in its second quarter. Kroger Co.'s net income fell to $353 million, or 39 cents per share, in the quarter ended Aug. 12, from $383 million, or 40 cents per share, in the year-ago period. Its results were in line with the Street estimates. Gross margins fell by 30 basis points.