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Walmart Q3 revenues rise on strong sales

Walmart Q3 revenues rise on strong sales

BENTONVILLE, Ark. — Walmart on Thursday said its third-quarter revenue rose 2.5% to $128 billion on strong sales at its U.S. stores and websites. U.S. comparable sales increased 3.2%, extending a four-year streak of quarterly gains. U.S. e-commerce sales increased 41%, driven by gains in Walmart’s grocery business, which is gaining competitiveness thanks to the

Ahold Delhaize sees sales gain in Q3

Ahold Delhaize sees sales gain in Q3

ZAANDAM, the Netherlands — Ahold Delhaize reported that online sales gains and a solid performance in U.S. stores helped drive increased sales for the third quarter. “We saw a strong overall performance at our U.S. brands, particularly at Food Lion and Hannaford,” Ahold Delhaize president and chief executive officer Frans Muller said in a statement.

CVS Health beats Q3 earnings forecast

CVS Health beats Q3 earnings forecast

WOONSOCKET, R.I. — CVS Health turned in another impressive performance in the third quarter of 2019, as both adjusted earnings and revenues exceeded analysts’ estimates. Based on the solid result, the company raised its full-year guidance on adjusted earnings. “Our third-quarter results build on the positive momentum we have seen across the company since the

GIANT to open third Heirloom Market

GIANT to open third Heirloom Market

CARLISLE, Pa. – GIANT Food Stores will open its third GIANT Heirloom Market in Philadelphia on November 15, the company said on Thursday. The two-level, 13,000-square-foot store is located at 1002 N. Second St. in Philadelphia’s Northern Liberties neighborhood. The third GIANT Heirloom Market to open in the city, including the format’s debut in January,

Ahold Delhaize USA opens fresh foods facility

Ahold Delhaize USA opens fresh foods facility

NORTH KINGSTOWN, R.I. – Ahold Delhaize USA on Wednesday announced the opening of its fresh foods processing facility, which has begun preparing salads, sandwiches, wraps and other items for the deli and grab-and-go sections of its supermarkets. Production of cut fruits and vegetables is slated to begin next year. “We’re proud to officially open our doors

John Furner tapped to lead Walmart U.S.

John Furner tapped  to lead Walmart U.S.

BENTONVILLE — Walmart said Thursday that John Furner will become the president and chief executive officer of Walmart U.S., effective November 1. Furner, who currently serves as president and CEO of Sam’s Club, will succeed Greg Foran, who has led Walmart U.S. for five years. Foran is leaving Walmart to become CEO at Air New

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