Grocery

Retail behemoth Walmart Inc (NYSE: WMT) derives more than half of its business from grocery sales, and rival Target Corporation (NYSE: TGT) is looking to steal share through the launch of a new private label brand, CNBC reported Monday. What Happened Target will begin selling food products in mid-...

Value retailer Grocery Outlet Holding Corp (NASDAQ: GO) reported second-quarter results that were encouraging but two analysts aren't ready to recommend investors buy the stock. The Analysts Bank of America's Robert Ohmes maintains a Neutral rating on Grocery Outlet with a price target...

Good day, Costco Wholesale Corporation (NASDAQ: COST) gets high marks from customers for its low prices and high quality products. But the big box retailer scores toward the bottom when it comes to online grocery delivery, Yahoo reports. According to a survey of 2,000 U.S. shoppers and 220...

Amazon.com, Inc. (NASDAQ: AMZN) will push a third round of price cuts at Whole Foods this week to improve accessibility and expand the grocer’s consumer base, according to a report by the Wall Street Journal. What Happened  An average reduction of 20 percent will be applied to more...

Kroger Co (NYSE: KR) hosted a meeting Wednesday to introduce new CFO Gary Millerchip. While the company did address some concerns, there continues to be a lack of clarity into the reasons for the grocery chain's poor fourth-quarter performance and why management expects a positive...

Amazon.com, Inc. (NASDAQ: AMZN)'s continued push into the grocery space will result in Kroger Co (NYSE: KR) being its "punching bag," CNBC's Jim Cramer said during his daily "Mad Money" show Monday.  What Happened The Wall Street Journal reported in early March...

Grocery store retailer Kroger Co (NYSE: KR) reported Thursday with disappointing fourth-quarter results, which prompted a sell-off in the stock that carried over to Friday.  The Analysts Bank of America Merrill Lynch's Robert Ohmes maintains a Buy rating on Kroger with an unchanged $...

Grocery retailer Kroger Co (NYSE: KR) reported a top-and-bottom line miss in its fourth-quarter results, which prompted a sell-off in the stock. What Happened Kroger said it earned 48 cents per share in the quarter on revenue of $28.1 billion versus the Street's expectations of 51 cents per...

Amazon.com, Inc. (NASDAQ: AMZN) will open dozens of grocery stores in several U.S. cities, the Wall Street Journal reported Friday. Amazon is planning the first store, in Los Angeles, possibly by the end of this year, and has signed leases for two others to open in early 2020, the Journal reported...

Grocery chain Kroger Co (NYSE: KR) is teaming up with tech giant Microsoft Corporation (NASDAQ: MSFT) to create a new connected store experience in what appears to be a challenge to Amazon.com, Inc. (NASDAQ: AMZN)'s expansion in the sector.  What It Is  The future of grocery...

Grocery chain Kroger Co (NYSE: KR) on Monday announced CFO J. Michael Schlotman will retire from the company in one year after holding the title since 2000. Schlotman will be replaced by Gary Millerchip, CEO of Kroger Personal Finance, in April 2019 at which point Schlotman will remain an executive...

Costco Wholesale Corporation (NASDAQ: COST) reported Thursday its fiscal first-quarter earnings, highlighted by a sales miss amid a more competitive environment, especially in the fresh-grocery category. Here is a summary of what two analysts on opposite sides of the trade are saying after the...

Kroger Co (NYSE: KR) reported Thursday its third-quarter results highlighted by a top-and-bottom line beat, but a miss on the same-store sales line. Street analysts were mixed in their reaction with some recommending investors buy the stock and others suggesting to sit on the sidelines. The...

Retailer Walmart Inc (NYSE: WMT) reported third-quarter results Thursday highlighted by an earnings beat and the 16th consecutive quarter of rising comparable store sales. Here's what Street analysts are saying after the print. The Analysts Barclays' Karen Short...

Amazon.com, Inc. (NASDAQ: AMZN) announced this week that it plans to open 3,000 Amazon Go stores over the next three years, with roughly 50 slated for 2019 openings.  The Analyst Morgan Stanley analyst Brian Nowak maintained an Overweight rating on Amazon with a $2,500 price target. The...