Yesterday’s top retail news and most read stories.
- Kroger beats estimates, raises guidance in Q1.
- Walmart partners with Roku to advance TV Commerce.
- Target announces bigger Target Deal Days.
- Tesco sees changing shopper behavior.
- And more!
Kroger Reports First Quarter 2022 Results and Raises Full-Year Guidance
“Kroger achieved strong first quarter results as we successfully executed on our strategy of Leading with Fresh and Accelerating with Digital. We are incredibly proud of our associates who continue to put the customer at the center of everything we do.
Our team is doing an outstanding job managing costs in an inflationary environment, which is allowing us to continue to invest in our associates while providing our customers the freshest food at affordable prices when and where they need it. We are delivering everyday value through personalized experiences, trusted Our Brands products, data-driven promotions, and seamless e-commerce solutions.
Looking ahead, we are well positioned to continue delivering for our customers, investing in our associates, and driving sustainable returns for shareholders.”
AMZN vs WMT Weekly: Let the Markdowns Begin
First came weak retail sales for the month of May that simply confirmed the changing mindset and economic climate that
Just How Bad Are Social Media Platforms’ Reputations? Really Bad.
TikTok, Meta and Twitter all rank in the bottom 10 of the 100 most visible companies. Brand reputation matters, influencing
The World’s 10 Most-Purchased FMCG Brands Last Year Were…
The average household buys 55 different FMCG brands a year. Coca-Cola was the “most-chosen” FMCG brand in the world last
