U.S. grocery slowdown deepens as shoppers buy fewer items at CNBC. “Grocery unit sales fell 1.8% in June vs. last year as shoppers cut back, outweighing food inflation, new Bain data shows…Grocery prices are roughly 33% higher than they were in 2019…” Read more
Uber Agrees to Buy Delivery Hero in $14.8 Billion Deal at Bloomberg. “The acquisition marks a sizable expansion in Asia, Latin America and the Middle East for Uber and boosts its total markets to 99 from 79.” Bloomberg subs.
Associated Wholesale Grocers Names BJ’s Executive as New CFO “Kelly Kauffman will join the company as CFO…Most recently, Kauffman served as SVP of Financial Planning and Analysis at BJ’s Wholesale Club…Previously, Kauffman was VP of Finance at Whole Foods Market…” Press release
Home Depot debuts 2026 Halloween Collection “The viral 12 ft Skelly returns with technology upgrades including custom sounds, light and servo motor movements. The roster of giant décor expands with an 11 ft Giant-Sized Mummy and 8 FT Perilous Plant Monster.” Press release
H-E-B’s average sales per store are more than twice those of Kroger NRF
Mystery Freedom Fuel stations that sold discounted gasoline tied to NFL coach and commodities trader at Politico. “Baltimore Ravens senior special teams coach Randy Brown and former commodities trader Yoni Gontownik signed the certificate of formation…” Read more
Walmart back-to-school: Lowest prices since 2019 on the 14 most popular school supplies Press release
2 men injured after shots fired inside a Kroger store outside Houston 6 ABC
Best Buy Executive Team updates “Frank Bedo named chief strategy & growth officer…Patrick McGinnis named chief revenue officer…Luke Motschenbacher named chief retail & services officer…” Press release
PwC: How GLP-1 users shop, eat, and seek support “21% of U.S. households now include a current GLP-1 user…Per-household grocery spend is down 5.5% as users swap snacks, sugary drinks, and alcohol for fresh produce, protein, and supplements, while apparel spend jumps 9.9% after 6 to 8 months…” Read more
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