Grocery

Grocery Recent News

Save Foods Inc. Receives Patent For Proprietary Compound From European Office
The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.
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Point Pickup Technologies Acquires E-Commerce Tech Platform GrocerKey
Same-day delivery firm Point Pickup Technologies has acquired GrocerKey, a white label e-commerce technology platform.
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Albertsons Unveils Prime-Like Grocery Delivery Subscription
One company is seeking to turn grocery shopping from an errand to an activity.
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Walmart Reigns In Grocery Delivery Wars, But Instacart Is Pushing Hard
January was the peak sales month for online grocery sales, reaching $9.3 billion during the month, according to a Brick Meets Click/Mercatus Grocery Shopping Survey conducted Jan. 28-31.
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3 Months After Launch, Grocery Platform JOKR Raises $170M
Just three months after its global launch, last-mile grocery and retail delivery platform JOKR has raised $170 million in a Series A investment round led by GGV Capital, Balderton Capital and Tiger Global Management.
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Uber Rolling Out Same-Day, On-Demand Grocery Delivery In 400 Cities
Just when you thought Uber Technologies Inc. (NYSE: UBER) had perhaps put too many eggs in its basket, it's putting eggs in consumers' baskets – straight from the grocery store.
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BofA Downgrades Conagra Brands On Challenging Year Ahead
Fiscal 2022 is likely to be a transition year for Conagra Brands Inc (NYSE: CAG), as management takes action to combat inflation, against tough COVID-19-related volume comparisons, according to BofA Securities.
Kroger Partnering With KNAPP To Automate Great Lakes Distribution Center
Kroger Co., (NYSE: KR) America's largest grocery retailer, announced Tuesday that it has entered into an agreement with KNAPP, one of the world's largest innovators in the intelligent automation space, to overhaul its Gre
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15-Minute Grocery Delivery Is Real – And In New York, It's Free
Residents of select New York City neighborhoods may feel like they are dreaming, but 15-minute grocery delivery has arrived. JOKR, which has already launched in Mexico City, Lima, Peru, and Sao Paulo, makes its official debut Thursday in the New York boroughs of Manhattan, Brooklyn and Queens.
Kroger and Alberstons Stocks Get Downgrade: What You Need To Know
Two leading grocery chains, Kroger Co (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI), received downgraded ratings from Goldman Sachs.
Stock Wars: Casey's General Stores Vs. Shoprite Holdings
Benzinga matches up two leaders in a major industry sector, with the goal of letting readers decide which company is the better investment.
Albertsons Taps Google To 'Reinvent The Future Of Grocery Shopping'
Albertsons Companies Inc (NYSE: ACI) announced Tuesday morning a new partnership with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) to "reinvent t
Will Target's New Second Private-Label Grocery Brand Be A Hit?
Target Corporation (NYSE: TGT) has announced the launch of Favorite Day, a new private-label grocery brand.
Kroger CEO Talks 2021 Outlook: Consumers Are Loving Family Dinner Time
Grocery chain Kroger Co (NYSE: KR) reported Thursday morning its fourth-quarter results with management confident enough that recent trends will continue in 2021, off
Here's How Much Investing $1,000 In Costco Stock 5 Years Ago Would Be Worth Today
Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 116.7%. But there is no question some big-name stocks performed better than others along the way.
BofA Turns Bearish On Kroger Ahead Of Tough Comparisons
Grocery chain Kroger Co (NYSE: KR) faces difficult comparisons ahead and the stock's valuation could be pressured by negative identical sales in fiscal 2022.
$1,000, 5 Years Later: Walmart Stocks A Beacon For Investors
Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 131.9%. But there is no question some big-name stocks performed better than others along the way.
Instacart Acquires More Than 250 Patents From IBM: What's Next?
Instacart, the online grocery platform, has acquired more than 250 IBM (NYSE: IBM) patents.
Costco Finally Joins Curbside Pickup Trend With Pilot Program
Costco Wholesale Corporation (NASDAQ: COST) is joining the grocery curbside pickup trend with a pilot program at a few stores in New Mexico.
Southeastern Grocers Files For IPO: What Investors Need To Know
Southeastern Grocers announced Thursday its intent to offer 8.9 million shares of its common stock as part of an initial public offering. IPO Details: Existing Southeastern Grocers stockholders will sell 8.9 million shares to the public at a price between $14 and $16 per share.
How Grocery Data Shows A Sector Approaching Full Recovery
The grocery sector was among the first segments to see a surge in demand in the early stages of the COVID-19 pandemic and ended 2020 within 1% of 2019 visit levels, according to foot traffic analytics firm Placer.ai.
Albertsons CEO: Changing Consumer Habits Are Positive For Grocer
Consumers are spending more time working and eating from home during the COVID-19 pandemic, and these shifts in habits are here to stay, Albertsons Companies Inc. (NYSE: ACI) CEO Vivek Sankaran said on
Can Grocers Sustain The 'Pre-Christmas Bump'?
Grocers ended 2020 in a better position compared to other retailers and investors are wondering if the momentum can be sustained into 2021.