The chain is 'cautiously optimistic.'
Convenience is where Sprouts has found its edge as it had an uptick in sales with its grab-and-go and deli items. Other sections generating growth were the dairy and bakery departments. Additionally, online sales have gained traction with a 15% increase this quarter.
Albertsons, which operates more than 2,200 stores with that name along with Safeway, Vons, Jewel-Osco, Acme, and more, reported"better-than-anticipated" earnings on July 26. Prior to the increased traffic to its stores, Albertsons had a series of slumps that included a 10% sales decline a year ago and in 2016 all of its stores were sold off in Florida as it left the state.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más: