Acquisition

Articles on acquisitions in the retail industry.

  1. Acquisitions, Divestitures & Mergers

New national lottery operator Allwyn set to acquire Camelot

Allwyn, which is set to run the National Lottery from February 2024, is to acquire existing operator Camelot. The company announced today it had reached an agreement with Camelot’s owner, the Ontario Teachers’ Pension Plan Board, to acquire Camelot UK Lotteries Limited. The acquisition, which is subject to regulatory approvals, including from the Gambling Commission, […]
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  1. Channel: Home Improvement

The Home Depot Launches Job Network to Empower Skilled Tradespeople

In episode 376 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jenna Arca, director of workforce development at The Home Depot, the largest home improvement retailer in the United States. Arca discusses the launch of The Home Depot’s Path to Pro job-seeker marketplace for skilled tradespeople and hiring trade professionals (0:47), the origin of the […]
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  1. Channel: Mass

Prof G Markets: Target and Walmart Earnings, Hedge Funds and Pinterest, and Estée Lauder Buys Tom Ford

Description: This week on Prof G Markets, Scott explains why Target and Walmart had such contrasting earnings reports for the third quarter, and offers his insight on Target’s brand strategy. He then shares his thoughts on why hedge funds might be buying up shares of Pinterest, and whether hedge fund disclosures are worth paying attention […]
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  1. Technology & Innovation

The Counterintuitive Marketing Magic Behind True Classic’s DTC Success

Being a DTC brand is a bit of a slog lately — just ask Peloton, Wayfair or Allbirds. But as these brands and many others look to new channels, such as stores and wholesale, to combat flagging sales and elusive profitability, True Classic is doubling down on digital.  Founded in Los Angeles in 2019, the […]
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  1. Channel: Grocery - Natural

Chicago Mayor Decries Whole Foods Closure On South Side

The Chicago Tribune reports that Chicago Mayor Lori Lightfoot has described Amazon-owned Whole Foods as “not a good partner, period” for its closure of a once highly touted store in the city’s Englewood neighborhood. The store was originally opened six year ago, subsidized with $10.7 million in city money, and lauded for being part of […]
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  1. Media & Marketing

Lori Stillman, VP Research, National Association of Convenience Stores

We are excited to release two bonus episodes recorded live at the MarketDial podcast studio  at the National Association of Convenience Stores (NACS) conference in Las Vegas. Our first special guest is Lori Stillman, Vice President, Research for NACS, who helps us understand some of the fun facts and figures about the industry, before we […]
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  1. Shopper & Customer

Your First-Party Data Strategy Matters — Especially in a Downturn

When businesses see signs of an economic downturn, the natural reaction is to cut costs and try to do more with less. However, there’s one area where your marketing team shouldn’t look to trim: harnessing the first-party data you collect directly from customers.  This information gained through call center interactions, mobile app behavior, and loyalty […]
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  1. Media & Marketing

How Not to Feel the Pinch From the Digital Grinch This Holiday Season

Just like that, the holiday season is upon us. For brands everywhere, it’s time to promote your gifting offering. This season will pose new challenges with rising media costs, shifting consumer sentiment, and declining digital measurement capabilities post Apple ATT. However, this year also presents new opportunities with consumers looking to celebrate a true post-pandemic […]
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  1. Shopper & Customer

How to Solve Retailers’ Top Customer Engagement Challenges

Savvy retailers know that fostering deeper customer relationships is the key to sustainable, long-term business success. To build these relationships, brands need to take a comprehensive, thoughtful approach to creating their customer engagement strategy. It’s the art and science of growing brand loyalty by providing the best in user experience across all relevant channels. Customer […]
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  1. International

RetailNext Acquires UK Counting and Footfall Solutions Specialist from Ipsos

RetailNext, the leading analytics solution for brick-and-mortar retailers, today announced the acquisition of Retail Performance, the UK-based people-counting and footfall solutions from Ipsos, one of the world leaders in Market Research. The deal strategically positions RetailNext for further rapid growth in the UK and European retail intelligence space, and coincides with the company’s opening of […]
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  1. Channel: Ecommerce & Digital

Amazon Clinic is Amazon’s new virtual health service

Amazon.com has launched Amazon Clinic, a new virtual healthcare platform where customers can get help with 20 common conditions such as acne, migraines and seasonal allergies. The new service is separate from One Medical, the primary care company that Amazon has offered $3.9 billion to acquire.
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  1. Shopper & Customer

Building a Customer Retention Strategy

Most CPG founders are so focused on acquiring new customers that they don’t spend enough time and energy retaining their existing ones. According to Neil Patel, “The probability of selling to an existing customer is 60-80%, while the probability of selling to a new prospect is 5-20%.” On top of this, customer acquisition costs for […]
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  1. Channel: Ecommerce & Digital

Amazon launches virtual health care clinic in U.S.

SEATTLE — Amazon on Tuesday launched Amazon clinic, a virtual platform where users can connect with healthcare providers to help treat common ailments like allergies and skin conditions. Dr. Nworah Ayogu, chief medical officer and general manager, Amazon Clinic said in blog posts that its new service would operate in 32 states, where customers who seek […]
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  1. Corporate Finance

How To Sell Your Business With The Highest Business Value?

Building a business up takes so much more than just capital. It requires you to put in effort, time, and hard work. There are eight important considerations.
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  1. Shopper & Customer

Buckle Up, Retailers: Strategies For Growth During The Most Frugal Holiday Season Ever

As the ‘golden quarter’ once again rolls around – the third since the pandemic began – retailers have learnt from experience to expect a direct challenge to business.  In 2020, lockdown-fuelled online shopping surges led to mass stockouts; 2021 brought global supply chain issues and delays; and this year, among skyrocketing inflation and the cost-of-living […]
6 min read
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  1. Department: HBC

Prof G Markets: The Failure of FTX, Why HBO Will be Acquired, and the Cannabis Industry

This week on Prof G Markets, Scott shares his thoughts on how Sam Bankman-Fried’s crypto exchange FTX came crashing down like a house of cards. He then explains what Disney’s earnings reveal about a streaming market headed for consolidation, and why HBO makes for an appealing acquisition target. And in this week’s Unpack, we check […]
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  1. Media & Marketing

Meta lays off thousands, FTX collapses, and Twitter has a very weird week

Hey, friends! Welcome back to Week in Review, the newsletter where we recap the top TechCrunch headlines from the past seven days. Get it in your inbox every Saturday AM by signing up here. Ready? Let’s go. most read Twitter had a week so strange that it could easily make up this entire newsletter, so […]
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  1. Channel: Drug

Walgreens’ VillageMD Buys Summit Health in $8.9 Billion Deal

With investments from majority owner Walgreens Boots Alliance (WBA) and Cigna subsidiary Evernorth, VillageMD will acquire Summit Health-CityMD, a provider of primary, specialty and urgent care services. Following the $8.9 billion acquisition, which is expected to close in Q1 2023 subject to customary approvals, VillageMD and Summit Health will operate a total of 680 locations […]
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  1. Channel: Ecommerce & Digital

Amazon To Launch Total-Business Cost Cutting Review

The Wall Street Journal reports that Amazon CEO Andy Jassy has launched a “cost-cutting review of the tech giant and paring back on businesses at the company that haven’t been profitable.” According to the story, “The review reflects Mr. Jassy’s intense interest in reducing expenses and focus on profits in recent months, some of the […]
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  1. Channel: Restaurants

Does your Restaurant App Suck Your Customers Think So

There is no doubt that year over year customer count declines within the restaurant sector are caused by many things including the ilk of slow service, cold food not cold, hot food not hot, delivery orders going out the front door as a customer’s waits, waits, and waits at a table for their food.  Ok, […]
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  1. Technology & Innovation

How Women Can Lead and Succeed in a Male-Dominated Space

Women in financial services are playing a key role in the industry’s future, driving innovation and leading the way into a more digital presence. The rise of women in this male-dominated space has been a powerful trend over the last couple of decades. We recently spoke with several executives in finance — including some who […]
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  1. Trends & External Forces

FTC Signals Hardball Stance On Competition

Bloomberg reports that “the US Federal Trade Commission plans to make wider use of its 1914 founding statute to police anticompetitive behavior by companies in the internet age,” issuing a new policy statement signaling its intention to prevent “unfair methods of competition. “FTC Chair Lina Khan said the policy, which re-affirms Section 5 of the […]
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  1. Department: Beverage

Keurig Dr Pepper invests in Athletic Brewing

Keurig Dr Pepper Inc. (KDP), Burlington, Mass., and Frisco, Texas, announced a minority stake in Athletic Brewing Co., a leading non-alcohol craft beer maker. The transaction represents KDP’s latest move into rapidly emerging beverage categories, following its acquisition of non-alcohol ready-to-drink cocktail brand Atypique.  
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  1. Channel: Grocery

Federal Judge Won’t Block Albertsons Dividend, But State Issues Remain

Reuters reports that a US federal court judge has refused to temporarily block a $4 billion dividend payment to its shareholders in advance of the company’s proposed acquisition by Kroger. According to the story, “The federal court in Washington D.C. denied issuing a restraining order in the case, which was filed by the attorneys general […]
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  1. Holiday & Events

Ahold Delhaize posts strong Q3 sales gains

ZAANDAM, the Netherlands — Ahold Delhaize’s net sales increased 9.1% at constant exchange rates to €22.4 billion ($22.42 billion). At actual exchange rates, net sales grew 20.8%, the company said on Wednesday. Comparable store sales (including gasoline) grew faster in the third quarter than they had in the second, growing 8.2% in the U.S. and […]
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  1. Shopper & Customer

Shoe Carnival Launches ‘Customer Friendly’ Universal Rewards Program

In episode 374 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Deb Hannah, senior vice president of marketing and corporate communications at Shoe Carnival, one of the nation’s largest family footwear retailers and parent company of Shoe Station. Hannah discusses the integration of Shoe Station into the Shoe Carnival business following its recent acquisition (0:50), […]
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  1. Technology & Innovation

From Retail Analytics to Visual Merchandising, Here Are This Month’s Insights From Our Top Retail Influencers

On October 28th, RETHINK Retail hosted their October Small Groups Mixer, a monthly virtual event catered to all of 2022’s Top Retail Influencers (TRI). This month attendees discussed a range of topics including Retail Analytics, Black Friday, Visual Merchandising, AI & the Customer Experience, and recent Retail Acquisitions.  Here, we’ll explore these topics and additional […]
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Editor’s Choice

  1. Shopper & Customer
  2. Department: Consumer Durables
  3. Department: Nonfood
  4. Corporate Strategy
  5. Corporate Finance
  6. ESG
  7. Partnerships & Alt Profit
  8. Media & Marketing
  9. Retailer Media
  10. Agencies & Vendors
  11. Data & Insights
  12. Shopper & Customer
  13. Trends & External Forces
  14. Associates & Employees
  15. Operations & Supply Chain
  16. Stores & Formats

Retail Media is Here in a Big Way: Should Search be Worried?

By John Spiropoulos Media is filled with evolutionary step-change transitions which permanently alter the marketplace. Each evolutionary event, seen in terms of advertiser outlays – the media mix – is driven by incremental change during economic uncertainty. This is particularly true – and trackable – in modern times. Some of these events were covered in […]
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  1. Media & Marketing
  2. Department: Consumer Durables
  3. Department: HBC
  4. Department: Nonfood
  5. Corporate Finance
  6. Partnerships & Alt Profit
  7. Media & Marketing
  8. Agencies & Vendors
  9. Data & Insights
  10. Technology & Innovation
  11. Holiday & Events

U.S. SMI Core Release Note – October 2022

SMI Core data captures the actual spend data from the SMI Pool partners of major holding companies and large independent agencies, representing up to 95% of all US national brand ad spending, to provide a complete monthly view of the SMI Pool market size, investment share and category performance. Core Data delivers detailed ad intelligence across all media […]
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  1. Trends & External Forces
  2. Channel: Grocery
  3. Department: HBC
  4. ESG
  5. Media & Marketing
  6. Trends & External Forces
  7. Associates & Employees
  8. Merchandising

Kroger Health Center marks first anniversary

CINCINNATI — The Kroger Health Center for Advanced Community Care, a joint project of Kroger Health and the University of Cincinnati James L. Winkle College of Pharmacy, recently celebrated its one-year anniversary. The Center employs pharmacists, technicians, nurse practitioners, and dietitians to provide an interprofessional model of care. It also provides practical experiences for students […]
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  1. Channel: Dollar/Value
  2. Corporate Strategy
  3. Corporate Finance
  4. Corporate Purpose
  5. ESG
  6. Media & Marketing
  7. Shopper & Customer
  8. Associates & Employees
  9. Merchandising
  10. Operations & Supply Chain
  11. Stores & Formats

Dollar Tree sales up 8.1% in third quarter

CHESAPEAKE, Va.— Dollar Tree executives said the retailer’s new pricing strategy lifted operating income nearly 23% to $381 million in the third quarter ended October 29. Top-line sales rose 8.1% to $6.94 billion. Comparable-store sales at its Dollar Tree stores increased 8.6% from a year earlier, while comps at its Family Dollar stores were up […]
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