Kroger’s new CEO reveals the chain’s biggest problems
Walmart, Target, and Costco generally enjoy pricing advantages over traditional grocers because they can all sell at lower markups because they don’t need to make their money on food and…
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Category: Politics
91-year-old grocery chain announces closures for longtime locations
A long-established grocery chain is preparing to close stores in a major market, leaving residents with fewer nearby options as rising operating costs and changing consumer habits continue reshaping the…
JetBlue to make a food change some are sure to like
Launched out of JFK Airport with an inaugural flight to Fort Lauderdale in February 2000, JetBlue Airways flies to more than 100 U.S. and international destinations while positioning itself as…
KFC makes key change that’s not on the menu
Funny enough, the next fast-food war may not be fought over chicken sandwiches, sauces, or value meals. It might be fought over the restaurant itself, and that shift isn’t hard…
Kohl’s CEO triggers major price cuts ahead of summer shopping season
In 2015, Amazon held the first-ever Prime Day, a 24-hour savings bonanza that marked the online retailer’s 20th anniversary. That singular event changed the landscape of seasonal sales. Where department…
Walmart makes major move to lure customers from Amazon Prime Day
Walmart is ramping up its efforts to prevent customers from flocking to Amazon’s upcoming Prime Day event, which offers steep discounts across multiple product categories. Last year, Amazon Prime Day…
Veteran analyst drops scathing 2-word take on Cracker Barrel after controversy
Every turnaround story has two versions. There’s the one management tells us and the one we notice hiding in the numbers. Cracker Barrel (CBRL) recently served up both. On Tuesday…
131-year-old coffee giant is coming for Keurig’s U.S. dominance
In 1895, a young grocer named Luigi Lavazza began experimenting with coffee blends in his shop in Turin. The company he built went on to send espresso to the International…
Beloved brewery abruptly closes, files Chapter 11 bankruptcy
When you open a brewery, you’re rolling the dice, although failure rates may not be as high as the recent spate of closures suggests. “Fifty-one-point-five percent of the brewpubs and…