Target Is Opening 11 Giant New Stores This Month, and Six Are Bigger Than Its Own Average
Target is not slowing down. The retailer confirmed today that it is opening 11 brand new stores across the United States this month, and almost …
Retail Industry
Coverage of brick-and-mortar retail, department stores, supermarkets, and physical commerce trends.
Why Kroger is likely to launch a price-investment reset by Q3 2026: 3 signals from Foran’s playbook
Kroger is likely to formalize a structured price-investment program under Greg Foran, its version of the Walmart US everyday-value playbook, most plausibly confirmed at Q2 earnings in September 2026. Three signals from the last month, Foran’s pricing critique, resumed store closures, and accelerating retail-media profit, point to a self-funded reset.
Ocado H1 revenue jumps 54% on Kroger payout: underlying sales up just 1%
Ocado Group’s first-half revenue rose 54% to £1.04bn, but a one-off Kroger termination fee accounted for almost all of the jump as underlying sales grew just 1%. The results confirmed a new Asda partnership, a return to profit at Ocado Retail, and a pledge to turn cash flow positive in the second half.
Morrisons weighs £600m store financing: Realty Income leads talks
Morrisons is in early talks with US net-lease REIT Realty Income over a roughly £600m (03m) financing secured against its stores, Sky News reports. No deal is close.
DMart Q1 profit rises 11%: revenue growth cools as quick commerce bites
Avenue Supermarts reported an 11% rise in first-quarter net profit, missing analyst estimates as revenue growth cooled to 15%. New CEO Anshul Asawa flagged slight margin gains, but quick-commerce rivals keep pressuring DMart value model.
PepsiCo Q2 revenue beats as US snacking cools: 2026 guidance held
PepsiCo’s second-quarter revenue topped Wall Street forecasts at about $24.2 billion, but flat North America volumes and softer US snack and soda demand tempered the result. The company held its full-year guidance and lifted its dividend for a 54th year, even as shares slipped in premarket trading.
Why the US grocery loyalty relaunch wave points to a retail-media data grab: 3 signals
A cluster of US grocery loyalty relaunches in June 2026, from Lidl Plus to Kroger Rewards, looks less like a discount play and more like a first-party-data land grab. Signals point to the loyalty wave converging with retail media before the 2026 holidays, with more relaunches likely by year-end.
Ocado’s Tim Steiner to step down as CEO: founder era winds down
Ocado Group has confirmed that co-founder Tim Steiner will step down as chief executive by the start of its 2028 financial year, moving into a founder role through 2029. The July 6 filing opens a formal succession process at the London-listed grocery-technology group, with no successor yet named.
Kroger acquires Giant Eagle for $1.65bn: a return to grocery M&A
Kroger has agreed to buy the family-controlled grocer Giant Eagle for about $1.65 billion. It is the company’s first major acquisition since the Albertsons merger collapsed in 2024.
Sainsbury’s grocery sales rise 3.6%: fifth straight quarter of gains
Sainsbury’s posted a 3.6% rise in first-quarter grocery sales as online jumped 12.5% and the UK’s second-largest grocer extended its run of market-share gains to five quarters. Argos and general merchandise stayed weak, but full-year profit guidance was left unchanged.