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Food Basics Keeps Diwali Celebrations Shining in Ontario Communities
Globenewswire· 2025-10-02 13:51
Grocer steps in to support community celebrations in Ottawa and Waterloo, ensuring the Festival of Lights continues to shine brightToronto, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Diwali is one of the most widely celebrated festivals within Canada’s growing South Asian community - a time that unites families and friends in joy, light and tradition. While changing regulations and reduced funding have jeopardized celebrations across Ontario, Food Basics is proud to keep the spirit of Diwali shining bright. For the ...
Sprouts’ sharp e-commerce growth was unexpected, CEO says
Yahoo Finance· 2025-10-01 09:00
Core Insights - Sprouts Farmers Market has successfully maintained e-commerce sales at 15% of total sales, a significant increase from 2% prior to the COVID-19 pandemic [2][3] - The company has focused on expanding its footprint and establishing a self-distribution network, alongside launching its first loyalty program [3][8] E-commerce Growth - E-commerce sales for Sprouts have stabilized at 15%, with fresh produce maintaining the same percentage in both digital and in-store sales [2][3] - The growth in e-commerce was not initially planned but became a necessity during the pandemic [2] Store Expansion Strategy - Sprouts plans to open 35 new stores by the end of 2025, with an increased target of 40 new locations next year [6] - The company focuses on small store formats, which have proven to be more productive and appealing to customers [7] Distribution and Product Focus - Fresh produce constitutes 20% of Sprouts' total sales, with organic fresh produce making up 55% to 60% of that segment [4] - The company is developing distribution centers within a 250-mile radius of new store locations to support its produce-centric model [5] Customer Engagement - The launch of Sprouts' first loyalty program is a key initiative aimed at enhancing customer retention and engagement [8]
H-E-B names new president
Yahoo Finance· 2025-09-30 13:20
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Dive Brief: H-E-B has tapped COO Roxanne Orsak to be its next president, effective in January, the Texas grocery chain announced Tuesday. Orsak will replace Craig Boyan, who is retiring at the end of 2026 after serving as president of H-E-B since 2010. Orsak, who will be H-E-B’s first woman president, joined the retailer in 1988 as a store management trainee. ...
AMERANT BANK, SEDANO'S, AND FRESCO Y MÁS PRESENT DONATION TO CENTRO MATER FOLLOWING SUCCESSFUL COMMUNITY CAMPAIGN
Globenewswire· 2025-09-30 13:00
Core Insights - Amerant Bank, in collaboration with Sedano's Supermarkets, successfully concluded a community-driven reusable bag initiative, resulting in a donation of over $30,000 to Centro Mater, a local children's charity [1][2][5] Group 1: Campaign Overview - The campaign launched in December 2024, distributing over 40,000 reusable shopping bags across various locations in Miami-Dade, Broward, and Tampa [3] - Customers were encouraged to either receive complimentary bags or purchase them by donating any amount, directly supporting Centro Mater's mission [4] Group 2: Community Impact - The funds raised will support Centro Mater's essential educational and social services for underserved children and families [2][5] - The initiative reflects the commitment of both Amerant Bank and Sedano's Supermarkets to community investment and sustainability [5] Group 3: Company Background - Amerant Bank has been serving clients in Florida for over 45 years and is recognized for its support of non-profit organizations [7] - Sedano's Supermarkets, founded in 1962, is the largest independently owned Hispanic supermarket chain in the U.S., known for its customer service and ethnic product offerings [8]
AMERANT BANK, SEDANO’S, AND FRESCO Y MÁS PRESENT DONATION TO CENTRO MATER FOLLOWING SUCCESSFUL COMMUNITY CAMPAIGN
Globenewswire· 2025-09-30 13:00
Core Insights - The partnership between Amerant Bank and Sedano's Supermarkets successfully raised over $30,000 for Centro Mater, a local children's charity, through a community-driven reusable bag initiative [2][5] - The campaign, which launched in December 2024, distributed over 40,000 reusable shopping bags designed to reflect the cultural vibrancy of Hispanic communities [3][4] Company Contributions - Amerant Bank, in collaboration with Sedano's and Fresco y Más, presented a final donation to Centro Mater, highlighting their commitment to community investment and support for educational and social services [1][5] - The initiative was well-received by customers, who either received complimentary bags or donated to obtain the bags, showcasing community generosity [4][5] Community Impact - Centro Mater is recognized for its work in early childhood education, after-school programs, and family support services, benefiting underserved children and families in the region [4][5] - The campaign reflects the shared dedication of Amerant Bank and Sedano's to uplift local communities and promote sustainability [5]
X @Bloomberg
Bloomberg· 2025-09-29 22:14
The cheap croissants and no-name detergents that power discount grocers in the US and Europe are now filling shelves in China, where struggling chains are betting on store brands to lure back shoppers https://t.co/3sfGhJsSOc ...
DoorDash Extends Kroger Partnership to 2,700 New Stores
PYMNTS.com· 2025-09-29 20:06
Core Insights - DoorDash is expanding its partnership with Kroger to include 2,700 new stores, enhancing delivery services for fresh foods, essential items, and Kroger's private label products starting October 1 [2][3] - The collaboration aims to meet consumer demand for on-demand delivery while providing value and savings, as Kroger has been one of the most requested grocers on DoorDash's platform [2] Company Developments - The updated partnership will allow access to Kroger's private label offerings, which have gained popularity due to economic pressures and inflation, leading consumers to seek budget-friendly options [3] - Kroger plans to reintroduce paper coupons to cater to older customers and those less digitally savvy, aiming to simplify promotional offers and make deals accessible to a broader customer segment [4][5] Market Trends - The grocery sector is witnessing a surge in grocery orders through DoorDash, indicating a shift in consumer purchasing behavior towards online grocery shopping [2] - The rise of private-label brands is attributed to major retailers expanding their assortments to include premium and specialty segments, driven by consumer demand for cost-effective alternatives [3]
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Businesswire· 2025-09-29 15:00
Core Points - Ingles Markets, Incorporated has declared a cash dividend of $0.165 per share on Class A Common Stock and $0.15 per share on Class B Common Stock [1] - The annual dividend rate is $0.66 for Class A and $0.60 for Class B shares [1] - Dividends are payable on October 16, 2025, to shareholders of record on October 9, 2025 [1]
2 Warren Buffett Stocks To Buy Hand Over Fist and 1 To Avoid
Yahoo Finance· 2025-09-27 22:59
分组1: American Express - American Express reported a record revenue of $17.9 billion in Q2, reflecting a 9% year-over-year growth, with adjusted EPS rising 17% [1] - The company operates a comprehensive consumerism ecosystem, serving as both card issuer and payment processor, with attractive perks that some members pay up to $900 annually for [1] - American Express has become Berkshire Hathaway's second-largest stock holding, making up 17% of its publicly traded equities portfolio [2] 分组2: Kroger - Kroger operates 2,731 stores with annual sales around $150 billion, and while its growth is modest at about 3%, it maintains a consistent profit record [7] - The company has doubled its bottom line over the past decade and has increased its quarterly dividend payment by 250% during the same period [10] - Kroger's stock buybacks have halved the number of outstanding shares, contributing to significant shareholder value [10] 分组3: UnitedHealth Group - UnitedHealth Group has faced significant challenges, including a 60% stock price drop from peak to trough due to earnings shortfalls and regulatory scrutiny [12][14] - Despite consistent top-line growth for over a decade, the company's operating profits and EBITDA have stagnated, raising concerns about its future value [15][16] - The healthcare industry is experiencing increasing regulatory and pricing pressures, which may impact UnitedHealth's performance [16]
The 151 Top Military Discounts From Stores to Entertainment [2025]
UpgradedPoints.com· 2025-09-27 20:00
Core Insights - The article provides a comprehensive guide to military discounts available in 2025, focusing on verified offers that provide real savings for military personnel and their families [1][41] - Discounts are categorized by type, including grocery, automotive, electronics, and wellness, with emphasis on national availability and ease of verification [1][41] Eligibility - Military discounts are available to various groups including active duty members, retired service members, veterans, reserve and National Guard members, and their dependents [2] Verification Methods - Different methods for verifying military status include ID.me, SheerID, GovX, and in-store ID cards, with online verification generally being more efficient [3] Grocery Discounts - Top grocery discounts include Kroger (10% on special holidays), Walmart (occasional specials), and Safeway (10% on select holidays), all requiring military ID for verification [4][5] Miscellaneous Stores - Stores offering military discounts include Michaels, Tractor Supply, and Sport Clips, with varying verification requirements [8] Automotive Discounts - Car dealerships like GM and Ford offer rebates ranging from $500 to $1,000 for military personnel, with participation varying by dealer [28][29] Electronics Discounts - Major electronics brands such as Apple, Dell, and Microsoft provide discounts of 10% on select products, requiring military ID or verification through ID.me [17][18] Entertainment Discounts - Discounts for entertainment include 10% off tickets at AMC Theatres and Regal Cinemas, with verification needed [20] Fitness Discounts - Gyms like 24 Hour Fitness and Gold's Gym offer discounts of 10% to 15% for military members, with verification through ID.me [26] Credit Card Benefits - Military members can benefit from waived annual fees on top-tier credit cards, providing access to travel credits and other perks [37][38] Seasonal Promotions - Key holidays such as Memorial Day and Veterans Day are highlighted as optimal times for military discounts, with many retailers offering significant savings [38][42]