August CNBC/NRF Retail Monitor Data reveals sales up even as inflation affects growth
“Consumer spending rose again in August, fueled by a still-stable consumer and a robust back-to-school shopping season,” NRF president and CEO Matthew Shay said.
Retail News
At-home food trend powers Kroger’s Q2 performance
Analysts note that “food-at-home sits favorably in times of consumer stress and in terms of tariff exposure,” giving chains like Kroger a relative cushion.
FMI issues statement on August CPI food price numbers
Report shows a 0.6% monthly increase in food-at-home prices for August and a 2.7% rise on a year-over-year basis.
Weis Markets completes remodel of Culpeper store
Remodeled store brings fresh look and expands offerings to local community.
Market Basket board fires Arthur T. Demoulas
The two sides went to mediation last week in Delaware to try and end the struggle for control of the Massachusetts-based supermarket chain, but failed to resolve their issues.
Wegmans tops Fortune Magazine's Best Workplaces in Retail List
This is the 10th consecutive year that Wegmans has ranked No. 1 on the list.
CVS Health Foundation awards $1 million in Hometown Fund grants to boost local impact in Hartford
Grants will support local nonprofits improving health outcomes across the Greater Hartford area,
Deloitte predicts slower holiday retail sales growth in 2025
The consulting firm expects total sales between November and January to reach $1.61 trillion to $1.62 trillion, up from $1.57 trillion during the 2024 holiday period.
Credit and debit card ‘swipe’ fees tallied $236 billion in 2024
“These numbers show just how broken the payments market really is and that swipe fees are an even larger burden on small businesses and consumers than we knew previously,” MPC Executive Committee member and FMI — the Food Industry Association Chief Public Policy Officer Jennifer Hatcher said.
FMI comments on FDA’s proposed rule extending the compliance date for the food traceability rule
"We also strongly believe FDA should adjust certain aspects of the rule to provide adequate flexibility for the industry to be able to comply with the rule without unnecessarily straining the supply chain and increasing food prices for consumers."
Imports on the decline following summer surge ahead of tariffs
“We have seen the implementation of reciprocal tariffs across the globe, with a number of key trading partners being subjected to tariffs higher than the earlier 10% tariffs,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
Hy-Vee expands retail media offering with Instacart integration
The move enhances Hy-Vee RedMedia’s retail media portfolio, allowing brands to connect with high-intent shoppers directly within search and browse experiences.
Retail layoffs surge as BLS revises job growth down nearly 1 million
Economists had expected a downgrade of about 700,000, but the larger revision has rattled markets and raised new fears of stagflation.
Walgreens gets the party started with a broader range of celebration essentials
Broader assortment of party supplies now available nationwide in-store, online, with fast pickup or delivery
Retailers urge permanent ban on SNAP EBT fees
More than 1,000 retailers and trade groups urged lawmakers to pass the bipartisan EBT Act.
Albertsons realigns merchandising team
At the center of the changes is the company’s promotion of Michelle Larson to executive vice president and chief merchandising officer.