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Kroger cut its full-year same-store sales outlook following its Q2 earnings report, citing pressured consumer spending and regulatory factors. Despite posting adjusted EPS of $1.09, the lowered sales…
Amazon will invest over $230 million in Whole Foods employee compensation, boosting hourly wages to $21 and expanding benefits. The announcement follows an NLRB ruling that upheld a recent union cert…
Falling U.S. consumer sentiment and persistent inflation are driving middle- and lower-income shoppers to discount dollar stores. While Dollar General and Dollar Tree report strong sales gains, tradi…
Amazon will close all U.K. Amazon Fresh grocery stores, refocusing on online delivery and its Whole Foods brand as it retreats from brick-and-mortar grocery after four years of experimenting with phy…