Acquisition

Articles on acquisitions in the retail industry.

  1. Channel: Mass

Walmart Connect Extends Retail Media Reach with More In-Store Opportunities, Access for Non-Endemic Advertisers

Walmart plans to take its Connect retail media offering “to the next level” this year, by expanding access to international and non-endemic advertisers, doubling down on self-serve capabilities across its spectrum of advertiser tools and expanding in-store, onsite and offsite advertising opportunities. “The role of our advertising business is earning increased attention — especially after […]
3 min read
0
  1. Partnerships & Alt Profit

Beyond Partners with X to Build Up its Growing Slate of Brands

Beyond, Inc. — parent company of the newly relaunched Overstock.com as well as Bed Bath & Beyond and Zulily — has entered a long-term strategic partnership with X even as other advertisers flee the scandal-plagued social media platform. Beyond was formed following Overstock’s June 2023 acquisition of Bed Bath & Beyond, followed by its March […]
< 1 min read
0
  1. Channel: Drug

What CVS Pharmacy’s New Cost-Plus Reimbursement Approach Means for PBMs, Pharmacies, Plan Sponsors, and Prescription Prices (rerun)

This week, I’m rerunning some popular posts while I prepare for Friday’s live video webinar: Drug Channel Implications of the Inflation Reduction Act. For more on acquisition cost reimbursement for pharmacies, see Sections 8.4. and 12.3.4. of our new 2024 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers. Click here to see the original […]
3 min read
0
  1. Shopper & Customer

Want Continuity in Brand Messaging Online Ordering is your Best Option

  Food retailers striving for a consistent brand message too edify their relationship with the consumers can find that empowering consumers to utilize their digital platform for online ordering is more effective than in person experience according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.    That said, it doesn’t matter if […]
5 min read
0
  1. 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 […]
< 1 min read
0
  1. 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.
< 1 min read
0
  1. Channel: Home Improvement

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 […]
2 min read
0
  1. Channel: Grocery

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 […]
2 min read
0
  1. Retail Ecosystem

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 […]
< 1 min read
0
  1. Shopper & Customer

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 […]
5 min read
0
  1. Department: Beverage

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 […]
3 min read
0
  1. Media & Marketing

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 […]
< 1 min read
0
  1. Channel: Grocery

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 […]
< 1 min read
0
  1. Media & Marketing

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 […]
5 min read
0
  1. Data & Insights

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 […]
2 min read
0
  1. Data & Insights

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. […]
2 min read
0
  1. Channel: Dollar/Value

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 […]
2 min read
0
  1. Channel: Grocery

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. […]
2 min read
0
  1. Acquisitions, Divestitures & Mergers

Purple, Tempur Sealy Settle Mattress Firm Acquisition Concerns

Purple Innovation, Inc., maker of the Purple mattress, and Tempur Sealy International, Inc., have established new partnership parameters amid Tempur Sealy’s planned acquisition of Mattress Firm. The companies also have “amicably resolved” their “various intellectual property disputes,” according to a Purple press release. Tempur Sealy initially announced its plans to acquire Mattress Firm in May […]
2 min read
0
  1. Channel: Grocery

Kroger/Albertsons vs. FTC Court Case Scheduled For Late August

Mark your calendars.  Set your alarm.  August 26, 2024, has been set foe the beginning of the trial that will determine whether the Federal Trade Commission (FTC) will be able to block Kroger’s $24.6 acquisition of Albertsons. The trial will take place in the Us District Court in Portland, Oregon, and is expected to last […]
2 min read
0
  1. Channel: Grocery - Natural

Amazon’s Missteps with Whole Foods Market Again?

  While the acquisition of Whole Foods by Amazon in 2017 brought potential benefits, there have also been criticisms of Amazon’s approach, including our own Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions. Here are 8 points often mentioned: 1.       Branding: Buying Whole Food aka ‘Whole Paycheck’ Amazon missed an opportunity to reposition […]
3 min read
0
Note: Requires ChatGPT Plus
Advertisement

Trending Topics

Editor’s Choice

  1. Channel: Mass
  2. Channel: Mass
  3. Department: Consumer Durables
  4. Department: Nonfood
  5. Media & Marketing
  6. Data & Insights
  7. Shopper & Customer
  8. Trends & External Forces
  9. Merchandising
  10. Operations & Supply Chain

Target’s April 2024 Circle Sale was its largest by sales lift

Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […]
Written by
  1. Department: Consumer Durables
  2. Media & Marketing
  3. Data & Insights
  4. Shopper & Customer
  5. Trends & External Forces
  6. Stores & Formats

TikTok Shop customers spend more at lower ticket apparel retailers

Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […]
Written by
  1. Trends & External Forces
  2. Corporate Finance
  3. Corporate Purpose
  4. ESG
  5. Media & Marketing
  6. Data & Insights
  7. Technology & Innovation
  8. Trends & External Forces
  9. Associates & Employees

Where Does One U.S. Tax Dollar Go?

See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […]
Written by

Trending

Advertisement