Super Market Email Newsletter: Walmart cranks up earnings projections (August 16, 2024)

SN Daily

AUGUST 16, 2024

Walmart boosts earnings projections after strong Q2

Retailer registered year-over-year increases in almost every category

SpartanNash lowers prices on 6,000 products in the wake of poor Q2

Retailer also is changing the shopper experience

Grocery food prices up slightly in July

It marks the ninth straight month the food at home index increased minimally

Ibotta grows its user base by 158%, partners with Instacart

The Denver, Colo.-based tech company attributes much of its user growth to partnership with Walmart rewards customers

SN Products to Watch: Taco Bell’s Mild Sauce

It’s now available in grocery stores

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T&T Supermarkets plans California store

San Jose location would become third in the U.S. for Canadian retailer

Grocery Outlet estimates saving customers $2.8B in 2023

Chain’s second annual Impact Report cites community, environmental efforts

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Walmart announces strong earnings, grocery prices are up, but barely, and more

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	Supermarket News launches SN Foodservice at Retail event This new grocery event will take place Oct. 23 - 25 in Schaumburg, Ill. Read More

The results are in...

Walmart’s private label brands now dominate the industry, according to recent statistics. Five Walmart brands had over 50% U.S. household penetration in the past year. On LinkedIn, we asked if grocers were still seeing private label perform at their stores. A whopping 87% of you said yes.

See the Results