The Latest Breaking News from GroceryBig Box Retailers

Grocery retailer Kroger (KR) reported solid second-quarter financials and raised its full-year guidance. The company’s consistent performance amid the current macroeconomic headwinds reflects the non-cyclical nature of its sector and the company’s fundamental strength. Moreover, its steady earnings stream allows it to pay increasing dividends to stockholders. Hence, we think…

With Americans cutting back on their shopping, big box retailers face overstocking issues. However, the upcoming holiday season might help them make a comeback. Therefore, investors could consider adding fundamentally strong big-box retail stocks Walmart (WMT), Kroger (KR), Casey's (CASY), and Ingles Markets (IMKTA) to their watchlists. Read on….

Amid the uncertain macroeconomic environment, the grocery/big-box retail industry has been thriving as the inelastic demand for the products these retailers sell is helping them pass on the rising prices to consumers. Therefore, fundamentally sound stocks from this hottest industry Walmart (WMT), Kroger (KR), Albertsons Companies (ACI), and Casey's General…

The economy witnessed a slight relaxation in inflation last month, but it is still running near 40-year highs. Amid such an inflationary scenario, grocery/big box retailers tend to hold up well due to stable consumer demand for their products. So, you could consider investing in BJ’s Wholesale Club Holdings (BJ),…

Kroger (KR) recently raised its dividend payout rate by more than 23%. Moreover, Wall Street analysts are bullish on the stock’s near-term prospects. However, will it be wise to add KR to your portfolio now, given the lingering macro headwinds? Keep reading to find out….

Costco Wholesale (COST) is currently trading just 10.9% below its 52-week high and possesses further upside potential, according to Wall Street. The stock closed the last trading session at $545.75. However, is it worth investing in COST at this hefty price level? Let’s find out….

Although rising input costs and supply shortages have been troubling traditional retailers, resilient consumer spending and a healthy job market should allow them to stay afloat. Therefore, discount retailers BJ’s (BJ) and Big Lots (BIG) could be on investors’ radars. But which of these stocks is a better choice for…

U.S. inflation running hotter-than-expected has led the benchmark indices to end the last week in the red. On top of it, the World Bank has warned of stagflation and slashed its global growth forecast. Amid this volatile situation, fundamentally solid stocks in the consumer defensive sector Kellogg (K), Kroger (KR),…

Consumers are heading to discount stores to buy general merchandise amid surging prices. This growing demand and enhanced service offering should benefit popular discount retailers Costco (COST) and Target (TGT). But which of these stocks is a better buy now? Read more to find out.