Acquisitions, Divestitures & Mergers

Articles about the big moves (acquisitions, divestitures and mergers)

  1. Acquisitions, Divestitures & Mergers
TAMPA — Stew Turley, who guided the evolution of Eckerd Corp. for three decades, died last week at his home in Florida after a battle with lymphoma. He was 89. During the course of his tenure at the retailer, which began in 1966 when he was named manager of non-drug operations, Eckerd grew to 2,778 […]
  1. Acquisitions, Divestitures & Mergers
“When I get customer interaction I want it to count. Technology can help with that.” So said Naomi Simcock, Operations Director at John Lewis, in a Q&A conference session with consultant, Andrew Busby, at Smart Retail Tech Expo on 27th February at ExCel in London. “I’ve got a huge supply chain and other fixed costs, […]
  1. Acquisitions, Divestitures & Mergers
After nearly a decade of reliance by marketers, traditional retargeting tactics like third-party cookies are going away. But when one door closes, another opens. Marketers interested in better understanding customer needs and preferences in order to provide more personalized and compelling offers are turning to identity solutions as not just a replacement for third-party cookies, […]
  1. Acquisitions, Divestitures & Mergers
Macy’s, Inc. has unveiled its Bold New Chapter strategy, signaling a major shift for the iconic department store retailer. Macy’s plans to close 150 underproductive nameplate stores — approximately 50 this year alone — and continue its expansion of smaller-format stores as it prioritizes investment in about 350 go-forward locations. Additionally, noting that its luxury […]
  1. Acquisitions, Divestitures & Mergers
Google made $31 billion running ads across the web last year, capitalizing on a tech footprint that touches nearly every web page on the internet. The company’s ad server and ad exchange are ubiquitous, behind-the-scenes technology that helps websites make money, and it all dates back to its 2007 acquisition of DoubleClick.  In this month’s […]
  1. Acquisitions, Divestitures & Mergers
I got several reactions to yesterday’s breaking news about the Federal Trade Commission (FTC) filing suit to block Kroger’s proposed $24.6 billion acquisition of Albertsons. MNB fave Glen Terbeek wrote: So much mass marketing mentality.  We are past the 1960’s.   What about maximizing market performance of each local store and its shoppers through creating […]
  1. Acquisitions, Divestitures & Mergers
In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Walmart agreeing to acquire Vizio for $2.3 million, which the Bentonville, Ark.-based retailer announced last Tuesday. The deal will send shockwaves through  
  1. Acquisitions, Divestitures & Mergers
The Federal Trade Commission (FTC) has taken legal action to halt the proposed $25 billion merger between Kroger and Albertsons, labeling it as potentially harmful to consumers. This merger, slated to be the largest in US supermarket history, aims to combine two of the nation’s top retailers, with brands like Safeway, Vons, Harris Teeter, and […]
  1. Acquisitions, Divestitures & Mergers
WASHINGTON — The Federal Trade Commission has filed a lawsuit to block Kroger’s proposed $25 billion merger with Albertsons Cos., contending that consumers will see higher prices and workers will see lower wages if the deal goes through. “This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over […]
  1. Acquisitions, Divestitures & Mergers
WASHINGTON — The National Grocers Association (NGA), which represents independent food retailers and wholesales, issued a statement supporting the Federal Trade Commission’s decision to challenge the merger of Kroger Co. and Albertsons’ Cos. “Every day, America’s local independent supermarkets face economic challenges due to the influence of massive power buyer chains who use their leverage […]
  1. Acquisitions, Divestitures & Mergers
MNB reader Rich Heiland had a thought about out continuing conversation about CVS’s shortcomings: I consider drug stores a commodity. None of them do anything to distinguish themselves from one another in any significant way. I live in a downtown area. There is a Rite-Aid a block or so away. I go there. If there […]
  1. Acquisitions, Divestitures & Mergers
In the more than 70 years since Joseph Sherwood bought a bankrupt jewelry store in Bell Gardens, Calif., much has changed in the world, and in retail. That post-WWII period in the Western U.S. was marked by the Dust Bowl Exodus, now a distant memory for most. Since then, the demographic makeup of California has […]
  1. Acquisitions, Divestitures & Mergers
Buzzfeed has sold youth culture media company Complex to livestream shopping platform NTWRK, which plans to use the acquisition to build a “next generation content and shopping experience.” The sale of Complex was part of a larger restructuring at Buzzfeed that also included the layoff of 16% of its workforce, as the company looks to […]
  1. Acquisitions, Divestitures & Mergers
The CPG Guys welcome Daniella Harkins from LiveRamp to discuss the clean room revolution in identity – for both company-company and internal data connectivity.  We specifically focus on LiveRamp’s recent acquisition of clean room specialist Habu and what that means for the future of identity-driven marketing.  LiveRamp enables companies and their partners to better connect, […]
  1. Acquisitions, Divestitures & Mergers
The shipping and delivery phase of an e-commerce order is filled with opportunities or ‘touchpoints’ that you can capitalize on to convert one-time shoppers into repeat customers and spread positive word of mouth to influence their close ones, all while hoping that you don’t encounter any challenge that can infuriate your customers and get your […]
  1. Acquisitions, Divestitures & Mergers
Marc Lore, who ran Walmart’s US e-commerce business from 2016-2021 after he sold it his Jet e-commerce startup for $3.3 billion, has opened a new food hall inside the retailer’s Quakertown, Pennsylvania, store. Inc. reports that Lore’s new food startup, Wonder, dropped its high-tech delivery model last year, opting instead to open what it calls […]
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  1. Acquisitions, Divestitures & Mergers
Testing for Ships in Product Packaging compatibility often involves “a series of drops and vibrations,” a packaging innovation team leader said. Sellers can expect fee discounts for program participation. Amazon is pulling back the curtain on how it’s teeing up more packages to arrive on doorsteps without Amazon logos. Last week, the Ships in Product Packaging program expanded by […]
  1. Acquisitions, Divestitures & Mergers
84.51° is out with a new report that “examines who omnichannel shoppers are, where they shop, and some of the reasons why they choose to shop in-store and online.” Some key findings: •  “This shopper is likely to be Millennial or Gen Z, is engaged with natural and organic, is more likely to have children, […]
  1. Acquisitions, Divestitures & Mergers
Walmart this morning released its final results for Q4 and the just completed fiscal year, saying that Q4 revenue was $173.4 billion, up 5.7 percent from the same period a year ago.  Q4 operating income was up 13 percent to $7.3 billion. US same store sales for the quarter were up four percent. Global e-commerce […]

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