FINANCE

Ahold Delhaize sells FreshDirect to ultrafast delivery platform Getir
Ahold Delhaize USA will sell its FreshDirect online grocery business to a Turkish ultrafast delivery platform.
Dutch Bros brews up strong quarter; sees potential for 4,000 locations
Dutch Bros Inc. reported top- and bottom-line third-quarter growth as its continues its aggressive expansion.

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Ralph Lauren tops Q2 earnings, sales estimates
Ralph Lauren Corp. on Wednesday posted another solid quarter despite economic uncertainty, higher prices and continuing wholesale weakness at home.
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The top holiday shopping product category is…
One type of product comes in as the clear favorite among holiday shoppers.
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NRF: Holiday spend to reach record levels even as growth slows to pre-COVID levels
Holiday shoppers will spend more this year amid solid wage and job growth but will be looking for deals and discounts to stretch their budgets.
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Starbucks posts record revenue amid strong U.S. traffic, higher prices
Starbucks Corp. reported better-than-expected fourth-quarter earnings and sales as it opened hundreds of stores and customers flocked to its cafes.
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Chicken Salad Chick acquires Piece of Cake bakery chain
Chicken Salad is sweetening its menu offerings via an acquisition.
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CVS Health beats Street with strong quarter; profit jumps to $2.3 billion
CVS Health Corp. reported stronger-than-expected third-quarter earnings and revenues amid growth across all its divisions, particularly health services.
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Publix reports strong third quarter as earnings soar
Publix is on track for a banner year.
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Sprouts Farmers Market to open 35 stores in 2024; names new CFO
Sprouts Farmers Market named a new finance head and also reported better-than-expected third quarter results.
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How fast is e-commerce growing globally?
A new study reveals some impressive numbers around the global expansion of e-commerce.
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Giant Eagle issues credit card for rewards members
A regional food, fuel and pharmacy retailer is extending the functionality of its rewards offering.
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Shein acquires UK fast-fashion brand Missguided
Shein continues to expand its global reach.
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Median annual IT outage cost for retailers near $10 million
Retailers are paying a heavy price for incidents where their technology stacks go down.

Coverage and analysis on finance news, including quarterly results, general retail sales and bankruptcy filings, for the retail channel brought to you by Chain Store Age.