Acquisitions, Divestitures & Mergers Minnesota Timberwolves sale to Alex Rodriguez and Marc Lore falls apart Alex Rodriguez and Marc Lore planned to acquire a majority stake in the NBA’s Minnesota Timberwolves and the WNBA’s Lynx. CNBC March 28, 2024March 28, 2024 < 1 min read Acquisition 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers The Home Depot Acquiring Supplier to Professional Contractors The Home Depot said yesterday it is acquiring SRS Distribution Inc. (SRS) — a materials provider across several verticals serving professional roofers, landscapers and pool contractors — in a deal valued at approximately $18.25 billion. It would be Home Depot’s largest acquisition in its history. The home improvement retailer expects the acquisition to close this […] TotalRetail March 28, 2024March 28, 2024 < 1 min read AcquisitionData & InsightsHome DepotDeliveryOperations & Supply ChainInternationalResults & InvestmentDept. AppliancesDept. Nonfood 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Home Depot Acquires SRS for $18.25B, Boosting Pro Sales Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers. RetailWire March 28, 2024March 28, 2024 < 1 min read AcquisitionHome DepotResults & InvestmentOperations & Supply ChainMondelez 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Home Depot Boosts Pro Offering with $18.25B Acquisition of SRS Distribution The Home Depot is acquiring building products distributor SRS Distribution for $18.25 billion in a bid to accelerate the growth of its pro offerings. The deal, which is expected to close by the end of the retailer’s fiscal 2024 in late January 2025, is subject to customer closing conditions and will be funded through a […] Retail TouchPoints March 28, 2024March 28, 2024 2 min read AcquisitionHome DepotOperations & Supply ChainShoppersPredictions and ForecastsMarketing: Loyalty & SubscriptionMarketing: Social MediaExecutivesInternationalLowesDept. NonfoodDept. AppliancesDeliveryBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Home Depot is acquiring specialty distributor SRS for $18.25 billion in huge bet on growing pro sales Home Depot is making the largest acquisition in its history as its sales growth stagnates. CNBC March 28, 2024March 28, 2024 < 1 min read Home DepotAcquisition 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers First Quality promotes Allen Bodford GREAT NECK, N.Y. — First Quality announced it has named Allen Bodford as president of its Absorbent Hygiene division, effective immediately. The division produces adult incontinence products, baby diapers, training and youth pants, period pads and baby wipes for health care and retail channels. The division’s operations include four manufacturing locations across the United States […] MMR March 27, 2024March 27, 2024 < 1 min read ExecutivesOperations & Supply ChainConsumersResults & InvestmentPredictions and ForecastsInternational - North AmericaHealth & WellnessDivestituresDept. HBCDept. BabyDept. Apparel 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers ALDI to add 800 stores over five years BATAVIA, Ill. — ALDI, a retailer already known for its rapid growth, has unveiled plans to increase its store count by 800 locations across the country by the end of 2028. The ambitious five-year expansion plan involves opening new stores and converting existing ones. As part of this expansion effort, ALDI announced that it has […] MMR March 26, 2024March 26, 2024 2 min read Regional GroceryAldiBrick and MortarSoutheastern GrocersAcquisitionPredictions and ForecastsConsumersExecutivesShoppersOperations & Supply ChainMarketing: Retail MediaInsight ProvidersBig DataHealth & WellnessEconomyDept. Natural / OrganicDeliverydunnhumbyStrategy 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers ThirdLove’s Co-Founder Shares the Brand’s Customer Acquisition and Retention Approach In episode 445 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews David Spector, co-founder and chairman of ThirdLove, a women’s intimates and lifestyle brand. Listen in as Spector shares the genesis of the company (0:45), his professional background prior to co-founding the company (4:20), his current role at the business (6:10), and how ThirdLove approaches […] TotalRetail March 25, 2024March 26, 2024 < 1 min read AcquisitionIndustry Conferences and EventsShoppersGoogleExecutivesMarketing: Social MediaData & InsightsConsumersResults & InvestmentPodcastsConsultingESG and CSRPredictions and ForecastsMarketing: Loyalty & SubscriptionPartnershipsStrategy 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Refrigeration revolution: How Daikin’s acquisition of AHT changes the game Refrigerated cases are a workhorse in any supermarket, presenting a tantalizing display of grocery staples and indulgences alike. Grocery Dive March 25, 2024March 25, 2024 < 1 min read AcquisitionDept. Refrigerated 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Do Kroger and Albertsons need to revise their divestiture deal with C&S? The grocery giants may need to rethink their plan to offload assets as they look to appease regulators with their proposed mega-merger, analysts say. Grocery Dive March 25, 2024March 25, 2024 < 1 min read Regional GroceryKrogerDivestituresAlbertsons / SafewayMergers 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Cautious welcome for merger of newspapers’ print operations Independent news retailers have given a cautious thumbs-up after the monopolies watchdog cleared a proposal from News UK and DMG Media to combine their printing and primary distribution operations. The new company is expected to go live in early June and will operate independently. As… This story continues at Cautious welcome for merger of newspapers’ […] Talking Retail March 22, 2024March 22, 2024 < 1 min read Operations & Supply ChainMergersPredictions and ForecastsInternational - UK 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Even Late to the Paid Membership Party, Target Believes it’s ‘Starting from a Position of Strength’ Target’s announcement earlier this month that it was launching a paid membership plan almost felt like a foregone conclusion. Amazon’s Prime membership has been paying dividends for the company for decades, and after Walmart followed suit with Walmart+ in 2020, it was only a matter of time before Target entered the mix. With the addition […] Retail TouchPoints March 22, 2024March 22, 2024 5 min read ConsumersTargetPartnershipsDeliveryMarketing: Loyalty & SubscriptionIndustry Conferences and EventsWalmartWalgreensShoppersAmazonStreamingDept. FreshExecutivesPredictions and ForecastsPricing & PromotionsTechnology & InnovationMergersMarketing: Social MediaBrick and MortarDept. HBCResults & InvestmentOperations & Supply ChainMarketing: BroadcastHealth & WellnessMarketing: Digital MediaData & InsightsHome DepotMarketing: TradeMarketing: BrandLowesDept. Fresh PreparedMarketing: In StoreDept. FuelBig LotsDept. DeliConsultingAcquisition 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers David’s Bridal Looks Beyond Dresses in New Partnership with PersonalizationMall David’s Bridal has teamed up with PersonalizationMall.com to offer customers access to thousands of customizable items to make their special day even more special, including monogrammed gear, wedding day essentials and keepsakes. “The bride’s special day, and the festivities leading up to it, is all about her, and her experience should be personalized to reflect that,” said […] Retail TouchPoints March 22, 2024March 22, 2024 2 min read Marketing: Direct & PersonalizationShoppersDept. ApparelExecutivesBrick and MortarPartnershipsMarketing: Social MediaStrategyResults & InvestmentMergersBankruptcyOperations & Supply ChainAssociatesDept. NonfoodPredictions and ForecastsDeliveryTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers How Fire Department Coffee Turned Customers Into Investors With Equity Crowdfunding During yesterday’s webcast, Fire Department Coffee CEO, Luke Schneider, discussed how he raised $1.8M for his business through crowdfunding with the help of StartEngine. The webcast also included Harrison Bert, Director of Sales for StartEngine and was moderated by Wayne Bennett, SVP of Retail for ECRM and RangeMe. For those of you not familiar with […] RangeMe March 21, 2024March 21, 2024 3 min read Dept. BeverageResults & InvestmentVendorsBrick and MortarPhilanthropyExecutivesAcquisitionMarketing: Social MediaESG and CSRPredictions and ForecastsWalmartDept. NonfoodMeijerRegional GrocerySponsoredStart UpsConsumers 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Darden posts first same-store sales decline since pandemic, offset by Ruth’s Chris acquisition LongHorn Steakhouse was the company’s only division to report same-store sales growth. CNBC March 21, 2024March 21, 2024 < 1 min read AcquisitionCOVID19 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers MNTN Integrates with Popular Measurement Platform MNTN has fully integrated with Rockerbox, allowing marketers to more accurately measure the influence of their connected TV (CTV) advertising on conversions and revenue alongside other marketing channels directly within the Rockerbox platform. The integration includes MNTN’s proprietary Verified Visits attribution, which is designed to attribute site visits to CTV ads only when the ads […] Retail TouchPoints March 20, 2024March 20, 2024 < 1 min read Marketing: BroadcastStreamingAcquisitionTargetMarketing: Social MediaData & InsightsPredictions and ForecastsPartnershipsMarketing: Direct & PersonalizationDept. FreshDelivery 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Kroger to Sell Specialty Pharmacy Business Amid Merger Discussions As it faces regulatory scrutiny over its potential merger with Albertsons, grocery chain Kroger has decided to sell off its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health. In a press release Monday, Kroger said the sale is expected to close in the second half of the year. “As part of our regular […] Marie Albiges March 20, 2024March 21, 2024 < 1 min read KrogerDept. PharmacyMergersRegional GroceryAlbertsons / SafewayAssociatesGovernmentAcquisitionConsumersDivestituresHealth & WellnessBrick and MortarC&S Wholesale GrocersLegal & CriminalOperations & Supply ChainPredictions and ForecastsPress Release 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Cisco Acquires Splunk for $28 Billion After months of anticipation, Cisco has finalized the acquisition of Splunk, marking a significant milestone for both companies. RetailWire March 20, 2024March 20, 2024 < 1 min read Acquisition 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Kroger to sell specialty pharmacy business Grocer says the deal is separate from the proposed Albertsons merger Supermarket News March 20, 2024March 21, 2024 < 1 min read KrogerDept. PharmacyRegional GroceryMergersAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Jeff Needham receives CHPA’s Lifetime Achievement Award AMELIA ISLAND, Fla. – The Consumer Healthcare Products Association (CHPA) awarded its Ivan D. Combe Lifetime Achievement Award to longtime industry leader Jeff Needham at the opening session of its annual Self-Care Leadership Summit (SLS)today in Florida. The Combe Award is the highest honor bestowed by the U.S. consumer healthcare industry. It recognizes the outstanding work and contributions of individuals whose lifetime of achievements […] MMR March 19, 2024March 19, 2024 3 min read ConsumersHealth & WellnessExecutivesData & InsightsOwned Brands (Private Label)Dept. HBCDept. OTCAmazonPredictions and ForecastsMergersEconomyInternational - UKPartnershipsTechnology & InnovationGovernmentWalmart 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Kroger to sell specialty pharmacy division The grocer is parting ways with the healthcare unit as it focuses its attention on overcoming regulatory opposition to its planned merger with Albertsons. Grocery Dive March 19, 2024March 19, 2024 < 1 min read KrogerDept. PharmacyRegional GroceryMergersHealth & WellnessAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers FabFitFun acquires PupBox from Petco The deal both satisfies a need from existing members who have been asking for more pet offerings and allows the company to reach new audiences. RetailDive March 19, 2024March 19, 2024 < 1 min read Dept. PetAcquisition 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Why Does Food Outlet Brand Marketing Messaging Matter At the intersection of new customer acquisition, emerging food trends, and consumer migration brand messaging plays an increasingly important role according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Johnson stated, Brand marketing messaging is crucial for several reasons. It acts as the voice of your brand, shaping how customers […] Grocerant Guru March 19, 2024March 19, 2024 5 min read Dept. GroceryInternationalData & InsightsRestaurantsMarketing: Social MediaShoppersDept. DairyMarketing: BrandDept. BakeryPredictions and ForecastsDept. BeverageAcquisitionCompetitionConsumersMeta (Facebook)Marketing: Loyalty & SubscriptionDept. Adult BevDept. Fresh PreparedDept. FreshTwitterAssociatesHealth & WellnessESG and CSRHoliday & EventsMarketing: BroadcastSustainabilityTargetTrends: Food and Beverage 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers How Unleashed Brands Connects With Families Across its Portfolio In episode 444 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Michael Browning, co-founder and CEO of Unleashed Brands, a portfolio of innovative brands that help kids learn, play and grow, including Urban Air, Snapology, and The Little Gym. Listen in as Browning provides an overview of Unleashed Brands (0:55), discusses why he launched the […] Joe Keenan March 19, 2024March 19, 2024 2 min read Data & InsightsShoppersExecutivesAcquisitionTargetPredictions and ForecastsPodcastsAssociates 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Epsilon launching next-generation retail media platform LAS VEGAS – Epsilon, a global advertising and marketing technology company, today announced the launch of the next generation of its retail media platform. Epsilon Retail Media applies artificial intelligence and person-first identity in the ad server, unlocking opportunities to drive stronger outcomes with shoppers on retailers’ properties, across the open web or in tandem. […] MMR March 18, 2024March 18, 2024 2 min read AITechnology & InnovationMarketing: Retail MediaInsight ProvidersShoppersExecutivesData & InsightsAcquisitionMarketing: Loyalty & SubscriptionAhold DelhaizePredictions and ForecastsConsumersVendorsDeliveryMarketing: Social MediaTrends: Marketing 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Kroger, Albertsons Fire Back At FTC Kroger and Albertsons have argued in separate legal filings that the federal Trade Commission (FTC) is misguided and flat-out wrong in opposing their $24.6 billion merger. Both retailers contend that the FTC, in suggesting that the deal would give the combined companies an unfair competitive advantage, ignores the fact that they would also be competing […] MorningNewsBeat March 18, 2024March 18, 2024 2 min read KrogerGovernmentRegional GroceryAlbertsons / SafewayAssociatesMarketing: In StoreMergersLegal & CriminalCompetitionTargetAmazonDivestituresCostcoBrick and MortarPredictions and ForecastsWalmart 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Kroger and Albertsons hit back at the FTC The regulatory agency has mischaracterized competition and labor dynamics in the grocery industry in seeking to block their merger, the grocers said in filings this week. Grocery Dive March 15, 2024March 15, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / SafewayCompetitionMergersAssociates 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Dollar Tree To Close 1,000 Stores Dollar Tree said yesterday that it will close 1,000 stores – most of them Family Dollar units – over the next few years, a decision that Axios describes as “a reversal of the retailer’s rapid expansion, which included its 2015 acquisition of Family Dollar.” Six hundred Family Dollar stores are slated to close before the […] MorningNewsBeat March 14, 2024March 14, 2024 2 min read Brick and MortarDollar TreeFamily DollarExecutivesGovernmentOperations & Supply ChainAldiShoppersRegional GroceryAcquisitionSustainabilityDept. GroceryDept. PetMerchandisingPredictions and ForecastsStrategy 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Your Views: Perception Shift I talked this week about how Jon Jenkins of AWS made the point during the NGA technology Summit that retailers should not compare smart carts to more traditional carts in terms of cost; instead, he suggested, they should be thought of a self-checkout systems being used throughout the store, taking pressure off the front end. […] MorningNewsBeat March 13, 2024March 13, 2024 2 min read Brick and MortarRegional GroceryAlbertsons / SafewayGovernmentWaWaAcquisitionResults & InvestmentKrogerInsight ProvidersBig DataTech: CashierlessDeliveryCompetitionTechnology & InnovationPredictions and ForecastsMarketing: BrandIndustry Conferences and EventsAldiData VisualizationCircle KAhold DelhaizeAlimentation Couche-TardAmazonAssociates7-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Maximizing Your Trade Show Success: A Post-Exhibition Game Plan for CPG Brands Expo West begins today, and for the next few days many brands will experience a whirlwind of networking, handing out samples, schmoozing at after-hours events, and starting potential business deals. Once it all wraps up, though, now what? Well, then it’s time to turn that momentum into tangible success. You’ve invested time, money, and energy […] RangeMe March 13, 2024March 13, 2024 4 min read MerchandisingSustainabilityVendorsPredictions and ForecastsMarketing: Social MediaAssociatesShoppersOperations & Supply ChainDeliveryPop UpsData & InsightsIndustry Conferences and EventsDivestituresPricing & Promotions 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Home Depot Acquires SRS for $18.25B, Boosting Pro Sales Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers. Written by RetailWire March 28, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Kroger to close 3 e-commerce fulfillment facilities The grocer said it will shutter one Ocado-powered spoke in South Florida and two others in Texas in late May. Written by Grocery Dive March 27, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Charted: Car Brand Loyalty in 2024 See this visualization first on the Voronoi app. Car Brand Loyalty in 2024 This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. This graphic visualizes the best and worst car brands in terms of brand loyalty. […] Written by Visual Capitalist March 26, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Key Takeaways From Shoptalk Spring 2024 Shoptalk always brings the best and brightest minds of the industry together for four days packed with insights, networking opportunities, trend predictions and so much more. This year, the spring event in Las Vegas was no exception. But like many other major industry events, Shoptalk can feel like you’re sprinting a marathon — there’s so […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Nike Pivots, Embraces Wholesale Once Again Amid faltering demand for shoes and clothing as well as slipping digital sales, Nike Inc. said last week that it will bank a lot more on the thing it has spent the past several years turning away from: other retailers. Executives discussed those plans on Nike’s earnings call, during which it announced that while fiscal […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked