Source: supermarketnews.comUS: Natural Grocers sets another record with fiscal 2021 net salesNatural Grocers by Vitamin Cottage's net sales in fiscal year 2021 exceeded the company's record-breaking sales of just a year ago, co-president Kemper Isely announced. Lakewood, Colorado-based Natural Grocers reported net sales of $1.06bln for the fiscal year that ended September 30, a 1.8% increase from fiscal 2020, when the company first broke $1bln. Net sales in fiscal 2021 are 16.8% higher than net sales from FY2019. The Pennsylvania-based supermarket chain will open a new grocery store along the Delaware River waterfront and an Heirloom market at the Fashion District in Philadelphia. The retail cooperative, which consists of 35 associated companies, is also targeting 5th spot in terms of Italian grocery market share (7.5%).

Source: The Hindu November 22, 2021 13:39 UTC