Supermarkets may have staying power even after the coronavirus crisis is under control. WSJheard explains. WSJWhatsNow
As plans emerge to reopen parts of the U.S. economy, a new WSJ/NBC News poll shows the majority of Americans think it will be a long time before the economy can return to normal. WSJ’s Gerald F. Seib explains. Photo: G. Ronald Lopez/ZUMA WireLarge grocers have done very well during the coronavirus pandemic amid newfound enthusiasm for making bread and collecting toilet paper. The benefit is likely to be more than temporary.
Kroger logged a surge in same-store sales—excluding its fuel business—of roughly 30% in March, a jump from the 2% growth it registered in the fourth quarter, its chief executive said last week. In the five-week period ended April 5, Costco Wholesale Corp. posted an increase in net sales of 11.7% from the same period last year. Sales at Walmart’s...
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