Financial News

Walmart reported another strong quarter as its e-commerce sales continued to soar amid the pandemic. 

The Sunbury, Pa.-based retailer posted $1 billion in sales for the 13-week period ended Sept. 26 — a 14.4% increase over the same period last year.

Costco said that its e-commerce sales increased 91%, U.S. same-store sales increased by 16.4%, and traffic to warehouses increased by 6.2%.

In its Q3 report, Ahold Delhaize reported same-store sales growth of 12.4%, as well as plans for its private brand portfolio.

Publix reported that its net and comparable sales surged in its third quarter, once again fueled by coronavirus-triggered demand.

Amazon is creating new seasonal jobs in several locations across the United States and Canada, and also has promoted more than 35,000 operations employees in 2020.

According to dunnhumby’s latest Consumer Pulse Survey, 49% of consumers reported that their personal finances were poor and 91% said they are closely watching increasing store prices. 

For its second quarter of fiscal 2020, Albertsons reported digital sales growth of 243%, identical-sales growth of 13.8% and revenue growth of 11.2% to $15.8 billion.