Finance & Capital Management

The bargain retailer continues to see increased visits as it expands its footprint across the country.

The retail giant will expand its number of sortation centers from nine to 15 over the next few years, increasing the range of its next-day delivery services.

The retailer and its private brands continue to attract new shoppers as high inflation remains persistent across grocery and retail categories.

Growing consumer demand for private label products also played a key role in helping the grocer grow sales in the quarter and the full year.

Dunnhumby's Consumer Trends Tracker details how American shoppers view and predict the future of grocery prices, with private brands expected to benefit again in 2023.

The company was cited by Morningstar Sustainalytics for its efforts related to fighting climate change, biodiversity and transparency.

Company officials said continued demand from shoppers is providing additional opportunities to grow revenue of its private label assortment.

The private label-centric retailer has purchased land along the Delaware River for a new distribution warehouse.