Plans call Kopit Levien and Sarafan to join Instacart’s board effective October 28, the San Francisco-based online grocery giant said. Source: prnewswire.comUS: Independent grocers reach record sales and profitsThe 2021 edition of the Independent Grocers Financial Survey, a joint study between the National Grocers Association (NGA) and FMS Solutions, finds record financial and operational performance benchmarks in a banner year for the $253bln independent supermarket industry. Source: bnnbloomberg.caUS: Retail trade group expects holiday sales to rise by all-time record, despite congested portsThe National Retail Federation said it expects holiday sales during November and December to rise between 8.5% and 10.5%, for a total of between $843.4bln and $859bln of sales. 2 grocery chain said, the strongest sign of the sector’s exposure to supply chain problems gripping the world. The over 100-year-old grocery chain reported total sales of A$9.76bln ($7.33bln) in the quarter, up from A$9.61bln last year and beating a UBS estimate of A$9.65bln."

Source: Mint October 29, 2021 00:30 UTC