Supermarkets
Albertsons Is Under Pressure as American Shoppers Become More Cautious
Albertsons is facing a difficult period as weaker consumer spending, declining profitability and a more cautious American shopper put pressure on one of the country’s largest supermarket operators. The company recently cut its financial...
Kroger Faces a New Consumer Trust Test Over $17 Million Pharmacy Settlement
Kroger is facing renewed attention over a proposed $17 million class-action settlement involving prescription drug pricing, putting another spotlight on the increasingly complicated relationship between supermarkets, pharmacies and consumers. The settlement concerns allegations that...
The American Grocery Basket Is Shrinking — Shoppers Have Less Money to Spend
The American consumer is showing signs of fatigue, and supermarkets are beginning to feel the pressure. U.S. retail sales fell 0.6% in July, the weakest monthly performance in more than a year, while retailers...
Oil Shock Threatens to Reach the Supermarket Shelves as Iran Sanctions Tighten
Oil prices have slipped on Monday, but there is little reason for retailers, suppliers or consumers to assume that the pressure on fuel and food prices is over. The market is waiting for the...
Walmart Finally Accepts Apple Pay: Are Younger, Higher-Income Shoppers Changing the Checkout Game?
After years of resisting Apple Pay, Walmart is finally changing direction. The retailer’s decision to begin accepting Apple Pay and Google Pay in its US stores marks a significant change in its approach to...
Mariano’s Closures Add to Albertsons and Kroger Retail Shake-Up After Failed Merger
The fallout from the failed Kroger-Albertsons merger is continuing to reshape the American grocery sector, with store closures now providing another reminder of how difficult the supermarket market has become. Among the latest developments,...
After Years of Resistance, Walmart Finally Changes Course on Apple Pay
After more than a decade of resisting Apple Pay and other contactless payment services, Walmart has finally changed course. The retail giant announced on August 21 that it will begin introducing tap-to-pay at selected...
Prince Harry Faces $13 Million Legal Bill as He Prepares to Return to the UK
Prince Harry is facing a major financial setback just as he and Meghan Markle prepare to move back to the United Kingdom. A UK High Court judge has ordered Harry and six other claimants...
Walmart Is Finally Bringing Tap-to-Pay to Stores Across the U.S
Walmart shoppers will soon have a faster way to pay at the register. Starting next week, Walmart will begin rolling out tap-to-pay at select stores and Sam’s Club locations across the United States. The...
FTC Must Draw the Line: Should Supermarkets Be Allowed to Price a Product According to Who Is Buying It?
The US Federal Trade Commission (FTC) has opened the door to one of the most uncomfortable questions facing modern retail: what happens when a supermarket knows not only what you want to buy, but...