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For Walmart And Amazon's Grocery Businesses, The Pressure Is On
Tuesday, April 7, 2020 - 3:45pm | 378Read More...RBC's first-hand checks and surveys point to Walmart Inc's (NYSE: WMT) grocery business gaining market share in the current environment, but it merely marks an acceleration of prior trends, according to Mark Mahaney. What To Know Walmart's online grocery business is clearly a "...
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PreMarket Prep Stock Of The Day: Kroger
Wednesday, April 1, 2020 - 2:12pm | 768Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Instacart Employees Ready To Strike After 'Insulting' Proposal
Monday, March 30, 2020 - 1:40pm | 363Read More...Instacart's gig-workers appear to be set on striking after declaring the company's proposals to be "insulting" and "a sick joke," the Gig Workers Collective & Instacart Shoppers group wrote in a Medium post. What Instacart Workers Want Instacart's...
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A Brief Look At Online Grocery Trends Amid The Coronavirus
Friday, March 27, 2020 - 3:50pm | 288Read More...The coronavirus has forced many people to embrace online grocery shopping options and this trend will help spur overall e-commerce growth amid the coronavirus pandemic and related "stay at home measures," Loup Ventures Andrew Murphy and Will Thompson wrote in a blog post. Loup Ventures...
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Online Grocers Struggle To Keep Up With Demand Amid Coronavirus
Monday, March 16, 2020 - 4:15pm | 332Read More...The ongoing spread of the coronavirus across the U.S. presents a new challenge for online grocers of all sizes. What Happened Surging demand for online grocery orders is causing platforms like Whole Foods to experience technical difficulties, Grocery Dive reported. The Amazon.com, Inc. (NASDAQ:...
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A Look At Albertsons Pending IPO
Tuesday, March 10, 2020 - 11:12am | 374Read More...Grocery chain Albertsons Companies confirmed filed a registration statement last week to become a publicly listed company, marking its third attempt to do so in the past five years. What To Know Albertsons' most recent attempt to become public occurred in 2018 when its merger with pharmacy...
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New Fresh Market CEO A Pro In Turnarounds, Says Grocery Dive Report
Thursday, March 5, 2020 - 2:45pm | 402Read More...Specialty grocery chain The Fresh Market appointed Jason Potter as CEO effective March 2. The executive boasts extensive experience to turn around the formerly public company, which was acquired by Apollo Global Management in 2016. The Fresh Market's New CEO Potter brings more than three...
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The Street's Mixed Reaction To Buffett's $550M Kroger Bet
Wednesday, February 19, 2020 - 12:52pm | 519Read More...Legendary investor Warren Buffett and his Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) disclosed a $549.1-million stake in grocery chain Kroger Co (NYSE: KR) but not all Street analysts are convinced it's a wise investment. What Happened Shares of Kroger inched higher Friday after...
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Early Reactions To Walmart's Q4 Miss: 'Not Surprising'
Tuesday, February 18, 2020 - 2:44pm | 558Read More...Retail giant Walmart Inc (NYSE: WMT) reported Tuesday with fourth-quarter results that fell shy of expectations. The stock erased its premarket losses and was trading in the green by the afternoon. Walmart CEO: What's Next For 2020 Walmart's outlook for 2020 includes no...
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Study: 'Instacart Effect' Created Tens Of Thousands Of New Jobs, Hundreds Of Millions In New Revenue
Friday, February 14, 2020 - 3:25pm | 428Read More...Online grocery same-day delivery and pickup platform Instacart helped the grocery industry create 23,000 new jobs and $620 million in incremental revenue across just four states, according to a study by Dr. Robert Kulick of NERA Economic Consulting. What Happened Instacart's online platform...
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Kroger Gets Into The Podcast Business, Announces 5 Food Trends For 2020
Monday, January 27, 2020 - 12:59pm | 400Read More...Grocery chain Kroger Co (NYSE: KR) announced last week it will host a podcast hosted by cookbook author and TV personality Danielle Kartes. Kroger's (NYSE: KR) Podcast Kroger's podcast is titled "Noshtalgia" and will focus on sharing food memories and provide listeners with a...
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Instacart Challenges Restaurant Delivery Space Through Grocery Stores
Friday, January 24, 2020 - 4:28pm | 328Read More...Instacart thinks it found a way to stick out in the food delivery business by providing consumers with a cheaper option through grocery stores. What Happened Instacart announced Thursday the launch of Instacart Meals which gives consumers the option of ordering specialty counter items found in...
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Kroger Announces Launch Of Branded Plant-Based Meat
Wednesday, January 8, 2020 - 1:46pm | 352Read More...Kroger Co (NYSE: KR) announced Wednesday the launch of its own branded plant-based meat alternative product line and will be marketed as Simple Truth Emerge. What Happened Kroger's new plant-based products will sell under its existing natural and organic brand called Simple Truth, the...
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Walmart Testing Driverless Grocery Delivery
Tuesday, December 10, 2019 - 2:12pm | 631Read More...Walmart Inc. (NYSE: WMT) and robotics and driverless delivery company Nuro announced a partnership for a pilot program to use autonomous delivery vehicles for home grocery delivery. The program will be offered to Walmart's Houston-based customers, allowing them to order items online for scheduled...
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Morgan Stanley Agrees With Grocery Outlet CEO On E-Commerce
Monday, December 9, 2019 - 4:49pm | 416Read More...The extreme value grocery chain Grocery Outlet Holding Corp (NASDAQ: GO) has no plans to make a major push into e-commerce — a decision Morgan Stanley analysts agree with. Grocery Outlet CEO: 'TJ Maxx Of Grocery' Grocery Outlet is best described as the "TJ Maxx of grocery,"...
















