Grocery

Matt Newberg, the founder of the food website HNGRY, posed as a driver for Amazon.com, Inc. (NASDAQ: AMZN) and wrote in a guest post for Grocery Dive that there is "much more lurking" behind the scenes at Amazon. What Happened: Amazon appears to have a strategy for its...

U.S. consumers are stocking up on food supplies ahead of a potential surge in COVID-19 cases — and they're worried about rising food prices, according to two separate surveys. Replenishing Ahead Of Winter: An Inmar Intelligence survey of U.S. consumers found that 57% of shoppers...

Whole Foods, the physical grocery store arm of Amazon.com, Inc. (NASDAQ: AMZN), announced the launch Wednesday of a new one-hour grocery pickup service exclusive for Prime members. Late To The Party: Amazon Prime members must place an order of $35 or more to qualify for a free one-hour pickup...

Grocer Whole Foods released its annual predictions of the top 10 food trends to look out for in 2021. Here are the trends the Amazon.com, Inc. (NASDAQ: AMZN)-owned grocer is expecting to dominate pantries next year.  1. Well-Being: Superfoods, probiotics and other health and...

Shares of Albertsons Companies Inc (NYSE: ACI) were higher by more than 4% after the grocery store company reported a top-and-bottom-line beat in its second-quarter results. Earnings Highlights: Albertsons said it earned 60 cents per share in the second quarter on revenue of $15.76 billion...

Instacart on Thursday said it secured $200 million as part of a new financing round that values the grocery delivery company at $17.7 billion. What Happened: Existing Instacart investors Valiant Peregrine Fund and D1 Capital Partners led the new financing round and comes at a time when...

Grocery chain Kroger Co (NYSE: KR) expanded its restaurant presence by launching two new on-premise kitchens for take-out and delivery orders. What Happened: Kroger launched two on-premise kitchens in Metro Indianapolis, Indiana, and Metro Columbus, Ohio, as part of an ongoing partnership...

Whole Foods founder and CEO John Mackey was a guest on Fox Business' "Barron's Roundtable" to talk grocery trends ahead of a likely surge in COVID-19 cases. No Change To Recent Trends: Whole Foods isn't stocking up on food items at a more than typical pace, Mackey said....

Grocery e-commerce platform Marcatus and consumer industry insights company Incisiv detailed in a new study current and future trends in the physical and online grocery space. Marcatus And Incisiv's Findings Marcatus and Incisiv analyzed relevant industry data and surveyed 60,000 people across...

The bullish case for General Mills, Inc. (NYSE: GIS) is based on a combination of the company's ability to maintain recent sales momentum and shares trading at a discount and , according to Credit Suisse. The General Mills Analyst: Robert Moskow upgraded General Mills from Neutral to...

Ongoing uncertainty surrounding community spread of coronavirus could impact how and where Americans shop for food and household essentials this fall. Every week, Benzinga releases nationally sampled consumer sentiment survey data related to the coronavirus impact. This week’s survey ...

The bullish case for Kroger Co (NYSE: KR) can no longer be justified, as it will be more difficult for the grocery chain to beat expectations moving forward, according to BofA Securities. The Analyst: Robert Ohmes downgraded Kroger from Buy to Neutral with a price target lowered from $42 to $40....

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...

Location data analytics startup Placer.ai provided some foot traffic insight that Kroger Co (NYSE: KR), GameStop Corp. (NYSE: GME), and Dave & Buster's Entertainment Inc (NASDAQ: PLAY) investors should be aware of before their respective earnings releases. Kroger's Staying Power:...

Pizza's status as a family-friendly staple is here to stay, American Flatbread owner Brad Sterl told Benzinga. 40 Pounds A Year: Prior to the COVID-19 pandemic, the average person reportedly consumed close to 40 pounds of pizza a year, Sterl said. Despite a surge in demand for pizza during...