Albertsons / Safeway

  1. Channel: Grocery

In Washington State, Intensive Scrutiny Of Kroger-Albertsons Deal

The Seattle Times has a piece about the proposed $24.6 billion acquisition of Albertsons by Kroger, and the companies’ saying that they will sell 413 stores, including 104 in Washington State, to C&S Wholesale Grocers in order to get Federal Trade Commission (FTC) approvals. While Kroger has pledged that it will not close any stores […]
2 min read
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  1. Channel: Grocery

Your Views:  Divestiture Blues

Regarding the proposed Kroger-Albertsons deal, one MNB reader wrote: My immediate reaction to the announced sale of stores to C&S was that, outside the Pac NW, the stores being divested in other geographies do not provide enough scale in their markets to become viable competitors to the merged Kroger/Albertsons stores. The small number of stores […]
2 min read
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  1. Channel: Grocery

Analysis:  Kroger-Albertsons Deal Still In Regulatory Trouble

The financial analysis service Seeking Alpha is out with an assessment of the prospects that the Federal Trade Commission (FTC) will approve Kroger’s proposed $24.6 billion acquisition of Albertsons. In short, Seeking Alpha is dubious, at least in part because of ongoing comparisons of the proposed divestiture of more than 400 stores to C&S Wholesale […]
3 min read
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  1. Channel: Delivery

Instacart stock languishes after IPO

Instacart saw its share price erode in the two days following its initial public offering, after it rose 12.7% in its first day of trading on the NASDAQ exchange. The stock settled down to just slightly over its IPO price of $30 per share on Wednesday, its first full day on the exchange, then ranged […]
2 min read
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  1. Channel: Grocery

Kroger Pledges Post-Merger Greater Commitment To Local

Kroger this week said that once its proposed $24.6 billion acquisition of Albertsons has been approved by federal regulators and closed, it will extend its commitment to “make more local products available to its customers … Post-close, the combined company will increase the number of local products in its stores by 10%, which equates to […]
< 1 min read
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  1. Channel: Grocery

UFCW cites ‘echoes of Haggen’ in proposed C&S deal

The United Food and Commercial Workers union on Wednesday expressed deep concerns about the proposed acquisition of 413 Kroger- and Albertsons-owned stores by C&S Wholesale Grocers. “It looks like Haggen 2.0,” said Kim Cordova, president of UFCW Local 7 in Colorado and Wyoming, referring to Haggen’s 2015 implosion after acquiring 146 Safeway and Albertsons stores […]
4 min read
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  1. Channel: Grocery

Kroger remodels Houston store with Hispanic focus

    [[“value”:” Kroger has revamped a Signature store in Houston to include several features geared toward the area’s majority Hispanic population, according to reporting from the Houston Chronicle. In addition to bilingual signage, the newly remodeled store also includes some unique product offerings, including the chain’s first-ever assortment of fresh, store-made ceviche. The ceviche […]
2 min read
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  1. Channel: Delivery

Instacart’s IPO Raises $660 Million; Grocers Have Skin In The Game

Grocery delivery company Instacart launched its initial public offering (IPO) yesterday, raising $660 million with a $30 per share price that was at the top end of its offering range.  The price reflects a $10.2 billion valuation;  the company is making less than 10 percent of its shares available. Public trading of Instacart’s shares will […]
4 min read
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  1. Channel: Dollar/Value

Your Views:  Higher Purposes

I did a FaceTime the other day about how employee disengagement actually can be an infection that can ravage an organization.  One MNB reader responded: Businesses that are grounded in higher purpose, mission, values and beliefs offer their customers an opportunity to be part of something greater than themselves. In tandem, these organizations culturally are […]
4 min read
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  1. Channel: Grocery

Albertsons launches new flash grocery service

    [[“value”:” Albertsons Companies has launched its Flash grocery service to more than 2,000 store locations. The service expedites customers’ DriveUp & Go and delivery orders in as little as 30 minutes. The new service is now available to the Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME, and Tom Thumb banner stores. Shoppers can select […]
2 min read
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  1. Channel: Grocery

Even with divestiture deal, Kroger-Albertsons merger faces challenging odds, analysts say

The grocers’ plan to sell hundreds of stores to C&S Wholesale Grocers increases the chance of the deal getting done, according to two Wall Street firms — though they still put the odds at only around 50%.
< 1 min read
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  1. Channel: Ecommerce & Digital

Albertsons Launches “Flash” 30-Minute Pickup/Delivery Service

Albertsons yesterday launched a new pickup and delivery service called “Flash,” which it says allows customers “to receive their DriveUp & Go and delivery orders in as little as 30 minutes.” The company said it is now available in more than 2,000 locations. Two elements of the “Flash” program: •  “Members of the company’s FreshPass […]
< 1 min read
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  1. Channel: Grocery

Albertsons launches rapid grocery pick-up and delivery service in US

[[“value”:” Albertsons’ Flash grocery service enables pick-up and delivery orders in as little as 30 minutes. Credit: © Business Wire/Albertsons Companies. Food and drug retailer Albertsons has launched the Flash grocery service, which enables customers to receive their DriveUp & Go and delivery orders in as little as 30 minutes. Through Albertsons’ websites and mobile […]
2 min read
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  1. Retailer Media

As Advertisers Shift Budgets into Retail Media, IAB Releases Measurement Standards

The Interactive Advertising Bureau (IAB) has released a preliminary framework to standardize retail media measurement. The framework was developed in collaboration with the Media Rating Council (MRC) as well as 55 companies with a stake in the performance of retail media, including The Mars Agency, Albertsons Media Collective, Google, Unilever U.S., Criteo, Best Buy Ads, […]
3 min read
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  1. Retailer Media

As Advertisers Shift Budgets into Retail Media, IAB Releases Measurement Standards

The Interactive Advertising Bureau (IAB) has released a preliminary framework to standardize retail media measurement. The framework was developed in collaboration with the Media Rating Council (MRC) as well as 55 companies with a stake in the performance of retail media, including The Mars Agency, Albertsons Media Collective, Google, Unilever U.S., Criteo, Best Buy Ads, […]
3 min read
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  1. Channel: Ecommerce & Digital

Report:  Kroger Hits Pause On Ocado Warehouse Rollout

Diginomica reports that Ocado’s relationship with Kroger has “run into some bumps in the road as the US firm puts the development of new Ocado automated Customer Fulfilment Centers (CFCs) on hold until such time as it is confident that ones that have already been opened are meeting expectations.” According to the story, “Kroger and […]
< 1 min read
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  1. Channel: Grocery

Your Views:  Multiplier Effects

On the subject of treating employees in a way that keeps them engaged, one MNB reader wrote: I have a nephew with limited cognitive skills but is a loyal bagger at a Michigan Kroger. On his fifth year of service he received a package containing Thank You cards from store management and fellow workers as […]
9 min read
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  1. Channel: Grocery

Kroger, Albertsons make deal with C&amp;S Wholesale Grocers — officially selling off 413 stores

    [[“value”:” In a deal which could end up being the foundation for their $24.6 billion merger deal, Kroger and Albertsons Cos. have sold 413 stores to C&S Wholesale Grocers. The sale also includes eight distribution centers and five private label brands. Related: Will the Kroger, Albertsons merger create pharmacy deserts? The two […]
2 min read
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  1. Channel: Grocery

Kroger Q2 2023 Earnings Recap

​[[“value”:” In Kroger’s Q2 earnings release on September 8, the company reported a slowing of comp sales for the quarter, while signaling the challenges of lapping inflation-driven results in Q3 of 2022 and facing a disinflationary macroeconomic environment for the remainder of the fiscal year. In the most critical piece of news, Kroger and Albertsons […]
< 1 min read
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  1. Channel: Grocery

Grocery Outlet woos Albertsons customers

Access chart in Dash. Grocery Outlet customers are increasingly spending their grocery wallet at the discounter, turning away from brands owned by Albertsons, including Safeway and Von’s. The California-based discount grocer increased its share of supermarket wallet among customers to over 6% in the last week of August, up from around 5% a year earlier […]
< 1 min read
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Hy-Vee launches RedMedia omnichannel retail media network

Hy-Vee launched the full-scale version of its retail media network, called Hy-Vee RedMedia, at the Groceryshop 2023 conference this week in Las Vegas. The West Des Moines, Iowa-based retailer described the platform as a disruptor in the retail media landscape that will connect brands directly with Hy-Vee’s customer base across multiple platforms, including both online […]
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  1. Channel: Delivery
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Instacart stock languishes after IPO

Instacart saw its share price erode in the two days following its initial public offering, after it rose 12.7% in its first day of trading on the NASDAQ exchange. The stock settled down to just slightly over its IPO price of $30 per share on Wednesday, its first full day on the exchange, then ranged […]
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  1. Retailer Media

Retail Media Metrics

#30DaysofRetailMedia | Day 21: Retail Media Metrics Metrics help brand advertisers measure retail media effectiveness. Key performance indicators (KPIs) span the full marketing funnel, as consumers can enter anywhere. Brand advertisers: 🎯 Choose KPIs according to their objectives📊 Measure baseline results for meaningful comparisons🌟 Review their metrics for data insights to optimize their processes and […]
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  1. Holiday & Events
  2. Trends & External Forces
  3. Holiday & Events

The big chill: Holiday retail sales 2023 expected to slow

Experts predict slow growth in 2023 holiday sales as consumers tighten their belts in a tough economy, but e-commerce will remain a bright spot. Stores are filling with displays of holiday decorations and holiday-themed merchandise as retailers eagerly prepare for the annual shopping surge, but consumers may not be as excited. Forecasts for 2023 holiday […]
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