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Grocery Stores And Other Retailers Trim Hours And Limit Purchases
Monday, March 16, 2020 - 11:05am | 495Grocery stores nationwide are curtailing hours to deep clean and restock shelves emptied by consumers' coronavirus-induced panic-buying of staples like bottled water and toilet paper. Meanwhile, high-touch retailers Nike and Lululemon joined Apple in shuttering their stores for several weeks to...
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Beyond Meat Vs. Impossible Foods: Product Offerings And Pricing
Tuesday, March 3, 2020 - 4:15pm | 1027It's time for the battle of plant-based food companies: Beyond Meat Inc (NASDAQ: BYND) versus Impossible Foods. Which company's products reign supreme? Which tastes better? Who wins on cost and distribution? Beyond Meat Los-Angeles-based Beyond Meat was founded in 2009 by CEO Ethan Brown...
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3 Analysts Debate Kroger's Stock Following Q3 Earnings
Friday, December 6, 2019 - 11:28am | 596Kroger Co (NYSE: KR) reported Thursday third-quarter resultsthat fell short of expectations. Kroger reported quarterly earnings of 47 cents per share, which missed the analyst consensus estimate by a penny. The company reported quarterly sales of $27.974 billion, which missed the analyst consensus...
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Uber Expands Its Reach Into Grocery Delivery And Latin America
Monday, October 14, 2019 - 2:01pm | 662Moving forward with its mission to be the operating system of your daily life, Uber Technologies Inc. (NYSE: UBER) plans to add grocery delivery to its offerings in 2020. Uber has made an agreement to take a majority stake in Cornershop, the dominate online grocery provider in Chile, Mexico, Peru...
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Food-Delivery Apps Add More Supermarkets To Their Routes
Wednesday, October 2, 2019 - 6:08pm | 672Food delivery apps are primarily known for allowing users to order and eat their favorite restaurant dishes from their own couches and dining rooms, but since Americans tend to spend more money on groceries than meals out, food-delivery companies have begun reaching into the established grocery...
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German Supermarket Chain Lidl Is Marrying The Last-Mile Of Offline And Online Shopping
Tuesday, July 9, 2019 - 3:24pm | 627German food retail chain Lidl has announced a cooperative agreement with Deutsche Post DHL Group to add 500 DHL Packstations to Lidl stores this year in an attempt to fuse shopping between offline retail purchases and online ecommerce. Customers can shop at a Lidl store, while also conveniently...
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Today's Pickup: Grocery Shoppers Still Prefer Shopping In Stores
Tuesday, July 2, 2019 - 12:19pm | 825Good day, While most of society seems to be moving quickly toward online shopping, grocery shoppers remain laggards. That is the finding of a new report from Walker Sands on current retail trends. The firm finds that only 11 percent of those surveyed have ordered a food item from Amazon.com, inc...
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Southern California Supermarket Workers Vote To Authorize Strike
Wednesday, June 26, 2019 - 6:10pm | 228Supermarket workers at Albertsons, Vons and Ralphs stores voted today (June 26) to give union leaders the authority to call a strike. A tally of the votes was not immediately available. The decision itself does not trigger a strike, but gives the union the authority to call a strike any time in...
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Possible Grocery Strike Raises Questions About Online Delivery In Southern California
Tuesday, June 25, 2019 - 5:14pm | 746A strike by thousands of union workers at major Southern California supermarket chains would have a huge upside for non-union big box grocers and e-retailers but would likely disrupt other online grocery delivery services, industry experts said. "We know Amazon.com, Inc. (NASDAQ: AMZN) will not be...
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The Multibillion-Dollar Chinese Unicorns You've Never Heard Of
Saturday, July 7, 2018 - 11:15am | 386China is a powerhouse for startups, with hundreds of new companies created each year. But sifting through the field to find the next global "unicorn" is akin to searching for a needle in a haystack, according to Bloomberg. Here's a selection of some of the most notable China-...
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Ahead Of Kroger's Q4 Report, Two Key Questions From Loop Capital Markets
Wednesday, March 7, 2018 - 4:04pm | 454Kroger Co (NYSE: KR) is scheduled to report fourth-quarter results before Thursday's market open, and Loop Capital is expecting a "solid" print — but said two key questions stand in the way of a bullish stance on the grocer. The Analyst Loop Capital Markets' Andrew Wolf...
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Analyst: Kellogg's Recent Pullback Is A Buying Opportunity
Wednesday, November 22, 2017 - 4:10pm | 413The grocery store landscape is rapidly changing and companies like Kellogg Company (NYSE: K) that are exposed to the "middle aisles" are falling out of favor among some analysts. The Analyst Argus Research Company's David Coleman upgraded Kellogg's stock rating from Hold to Buy...
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Deutsche Bank Anticipates A Beat And Raise From Dollar General
Thursday, November 16, 2017 - 1:49pm | 368Dollar store retailers, including Dollar General Corp. (NYSE: DG), are on deck to report their respective earnings reports. The Analyst Deutsche Bank's Paul Trussell upgraded Dollar General's stock from Hold to Buy with a price target boosted from $79 to $93. The Thesis Dollar General...
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The Best Food Retail Stock Is...Dollar Tree?
Tuesday, November 14, 2017 - 1:44pm | 619The food and grocery sector's struggles and challenges have been made clear throughout 2017. But investors shouldn't shy away from investing in the space and may want to consider an investment in Dollar Tree, Inc. (NASDAQ: DLTR) as the best way to gain exposure to food retailers. The...
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Cautious Call On Kellogg; Shares Downgraded On Risk To Shelf Space
Tuesday, September 19, 2017 - 11:11am | 426Analysts at Piper Jaffray no longer hold a bullish view on Kellogg Company (NYSE: K) amid a view that retailer push back against food companies is a "real threat" to food companies. The firm's Michael Lavery downgraded Kellogg's stock rating from Overweight to Neutral with a price target slashed...