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Supermarket/Grocery

  • Phillips Edison acquires six grocery-anchored shopping centers

    Cincinnati -- Phillips Edison Grocery Center REIT II, Inc. expanded its portfolio in California, Wisconsin and Florida, with the acquisition of six grocery-anchored shopping centers. They include:

    Moreno Marketplace in Moreno Valley, California

  • Costco logs a 4% increase in same-store sales

    October was a good month for Costco, which reported growth in same-store and total sales.

    The club retailer posted a 4% increase in U.S. same-store sales for October, excluding gasoline price deflation and currency fluctuation. sThe comp increase was 5% for the whole company.

    For the month, the company saw $8.78 billion in net sales and $19.53 billion over the four weeks. Though Costco’s U.S. sales saw a slight increase, its Canadian stores saw an 8% decrease in same-store sales for the month and a 9% decline over four weeks.

  • Delivery.com steps up app experience

    Delivery.com is focused on providing on-demand delivery from small, local retailers, but that doesn’t stop the company from thinking big.

    Delivery.com is unveiling a new iOS app with an optimized user experience within each of Delivery.com's core categories of food, alcohol, groceries and laundry. Enhancements in the new app include visual design, customized recommendations for users, and a complementary app for Apple Watch.

  • Whole Foods' profit, comps tumble; still on track for expansion

    Whole Foods is trying to get its groove back, but after reporting weak fourth quarter results, it is not clear when that will be as the company expressed concern about the competitive climate and the impact on its profit margins.

  • Sam’s Club elevates focus on food with merchant moves

    Veteran Safeway merchant Toby Noiles has joined Sam’s Club in a senior role as the warehouse club operator creates a new organizational structure for its food and beverage business.

    Noiles was named senior VP and general merchandise manager of grocery and beverage and joins Sam’s Club from the online grocery delivery company Fresh Direct where she served as chief merchandising officer. Noiles was with Fresh Direct only seven months but prior to that she spent 29 years with Safeway and held a wide range of merchandising roles.

  • Whole Foods hits the wall, comps turn negative

    Whole Foods is trying to get its groove back, but after reporting weak fourth quarter results it is not clear when that will be as the company expressed concern about the competitive climate and the impact on its profit margins.

  • PwC: Retail mergers & acquisition activity hits $1 billion

    Mega deals worth more than $1 billion drove the U.S. retail and consumer sector’s strong third quarter, according to PwC’s U.S. quarterly R&C Deals Insights report.

    During the three-month period ending Sept. 30, 36 deals valued over $50 million were announced for the sector, with deal value up 64% in the third quarter, accounting for $46.6 billion, compared to $28.4 billion in the second quarter. Deal volume went up 6% from the second quarter, but down 36% from third quarter 2014.

  • Target expands same-day delivery

    Target is expanding its Instacart same-day delivery service to another major U.S. city.

    Following a successful pilot in Minneapolis, Target is now partnering with Instacart to offer customers in the San Francisco Bay Area fresh food, non-perishable food items, health and beauty products, pet and household supplies, and select baby items delivered to their homes in as little as one hour.

  • Walmart, Hobby Lobby tops in faith-friendly retailer list

    Walmart and Hobby Lobby top the retailer list of the first ever annual Faith Equality Index.

    Faith Driven Consumer, a group that represents 41 million Christian consumers, has published an index rating the faith compatibility of major brands both in the consumer and entertainment spheres, as well as serving as a voice for this community.

  • Report: Another retailer powers up same-day delivery

    A major national retailer is the latest chain to start offering same-day delivery in a large metropolitan area.

    According to Re/code, Best Buy is partnering with third-party delivery service Deliv to offer customers in the San Francisco area, including San Jose, same-day delivery of online orders. The official rollout follows a recent pilot of the service Best Buy conducted with Deliv in the greater San Francisco area.

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