Over the last few weeks, the five major food and grocery retailers in the US have reported their quarterly results. We take a look at what they tell us about the sector more broadly and what suppliers need to do to support their retail customers. The top five Walmart, Kroger, Target, Albertsons and Ahold and Delhaize are a diverse group of retailers. Walmart and Target have extensive non-fo...

We review Target’s second quarter performance and how it’s adapting to the COVID-19 pandemic. Q2 key numbers Total revenue increased 24.7% to $23.0bn, with comparable sales up 24.3% Comparable store sales were up 10.9% while digital comp sales increased 195% Net earnings increased 80.3% to $1.7bn Target’s unique fulfillment model What stands out for me in these results is t...

Target is adjusting its holiday plans this year in response to the COVID-19 pandemic, including starting its promotions earlier, closing on Thanksgiving Day and expanding its digital offer. Delivering a safe holiday season The priority for Target this year is to deliver a safe holiday season for its customers. Traditionally, retailers such as Target place all their efforts behind driving st...