Higher interest rates, reduced savings and fewer government benefits from SNAP are impacting how consumers spend their money and, in turn, strategy, Kroger's CEO said.
Despite a drop in revenue, net earnings were $971 million, or $2.10 per share on the common stock, compared with $712 million, or $1.55 per share, in the previous year’s third quarter.
T&T Supermarkets has added retail real estate expert Chris Pine to its team as the company moves forward in its plans to open its US flagship location.
Diebold Nixdorf offers retailers a variety of self-service kiosks to suit their needs. For prepared foods, a major game changer is the self-ordering kiosks.
Upside said the use of its platform leads to 10% larger baskets, 1.7 times more visits than the average customer and 1.9 times higher spending compared to the average customer.