groceries

54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries
54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries
May 31, 2024  |  Consumer Finance

Pay later plans — those arrangements enabling consumers to cover purchases over a set period of time — are not only a popular way to...

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Walmart CFO: Shoppers Replacing Fast Food With Groceries
Walmart CFO: Shoppers Replacing Fast Food With Groceries
May 16, 2024  |  Walmart

Walmart’s grocery business is reportedly benefiting from the high price of fast food. The retailer’s chief financial officer, John David Rainey, told CNBC Thursday (May 16) that it’s...

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Grubhub Deepens Grocery Offering With Mercato Partnership
Grubhub Deepens Grocery Offering With Mercato Partnership
April 18, 2024  |  Partnerships

Grubhub is expanding its grocery presence via a partnership with online marketplace Mercato. The collaboration, announced Thursday (April 18), will bring Mercato’s inventory from more than 950 independent grocery...

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Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
Kraft Heinz Sales Dip as Shoppers Make ‘Smaller Trips’
February 14, 2024  |  Earnings

From dollar store shoppers to wealthier club store members, consumers are seeking value. So said Kraft Heinz CEO Carlos Abrams-Rivera, addressing his company’s 7.1% quarterly sales drop...

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Walmart Shares Hit All-Time High as Groceries Draw Shoppers
Walmart Shares Hit All-Time High as Groceries Draw Shoppers
November 03, 2023  |  Walmart

Walmart’s shares reportedly reached an all-time high Friday (Nov. 3), with investors betting on its ability to thrive during the holiday season. This peak, at...

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Buoyant Grocery Spend Sharpens Online, Offline Battle Lines Between Walmart and Amazon
Buoyant Grocery Spend Sharpens Online, Offline Battle Lines Between Walmart and Amazon
September 15, 2023  |  Retail

The latest official data from the United States government gives a nod to the fact that U.S. consumer spending on grocery products remains buoyant. The...

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Report: Hostess Weighs Sale After Takeover Interest From Food Giants
Report: Hostess Weighs Sale After Takeover Interest From Food Giants
August 27, 2023  |  Acquisitions

Some of the world’s biggest food companies are reportedly interested in buying Hostess Brands. The Twinkies-maker is considering a sale after hearing takeover interest from companies...

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Deliveroo Orders Drop, but Customers Up Spending by 10%
Deliveroo Orders Drop, but Customers Up Spending by 10%
August 10, 2023  |  Earnings

Deliveroo Plc, the British food delivery company, posted strong earnings on Thursday (Aug. 10) for the first half of 2023, even while total orders fell 6%...

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Walmart Offers Customers on Government Assistance Walmart+ Discounts
Walmart Offers Customers on Government Assistance Walmart+ Discounts
July 20, 2023  |  Retail

Walmart is continuing its efforts to court customers who receive government assistance. The retail giant on Thursday (July 20) announced the debut of its Walmart+ Assist program, which...

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