Albertsons / Safeway

  1. Channel: Grocery
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. Department: Food
WASHINGTON – To kick off the 2024 Annual Meat Conference, the Meat Institute and FMI – The Food Industry Association announced 10 winners for the 2024 Leaders of Tomorrow Program. The winners are: Kaylee Russell, Tyson Foods; Michael Yeater, Albertsons Companies; Tammy Gonzales, Cargill; Mike Van Drie, SpartanNash Co.; Nicole Koch, Seaboard Foods; Liz Holt Welnhofer, Pre Brands; Hillary Niblock, Superior Farms; Marie-Pier Labarre, Cascades; Zachary Stadler, Associated Wholesale […]
  1. Channel: Grocery
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 […]
  1. Channel: Grocery
MNB reader Karl Graff emailed me about yesterday’s story concerning the staff of a Wisconsin Dollar General store that quit en masse, and my comment that “dollar stores in general have a reputation for cutting corners wherever and whenever possible, with low staffing levels that put enormous stress on the folks who do work there.  […]
  1. Channel: Delivery
Alternative data can help investors increase conviction around unit economics, competition, and strategic initiatives for their long term holdings. Our Instacart (CART) research is a perfect example of differentiated granularity into fees, competition and SNAP benefit usage on the platform. Average Discount as % of AOV (pre-discount) Average Fees as % of AOV (pre-discount) Our […]
  1. Channel: Grocery
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. […]
  1. Channel: Grocery
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 […]
  1. Shopper & Customer
Online grocery shopping has skyrocketed in popularity over the last four years. Today, major grocery store chains like Kroger and Albertsons offer mobile apps to their customers for easy ordering or delivery. Separately, third-party services such as Instacart work with shoppers to get their groceries delivered to their homes. This convenience and efficiency have turned […]
  1. Department: HBC
Scott Moses,  partner and Head of the Grocery, Pharmacy & Restaurants Investment Banking practice at Solomon Partners, appeared on Yahoo Finance the other day to talk about the issue of shrinkflation, but the conversation evolved into a discussion of the rationale for the Kroger-Albertsons deal.  No matter how you feel about the proposed deal – […]
  1. Channel: Dollar/Value
Discount supermarket retailer Lidl U.S. has named four executives with extensive retail experience to top posts, including naming Frank Kerr as the company’s first-ever Chief Customer Officer. Kerr is returning for a second stint at Lidl U.S., where he was one of the first 50 employees, and he’ll be responsible for driving a holistic customer […]
  1. Trends & External Forces
Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth.
  1. Data & Insights
The continuing goal of “The Innovation Conversation” is to explore some facet of the fast-changing, technology-driven retail landscape and how it affects businesses and consumers. It is, we think, fertile territory … and one that Tom Furphy – a former Amazon executive who led the team that developed Amazon Fresh, and currently CEO and Managing […]
  1. Channel: Grocery
The Orange County Register reports that Gelson’s has closed its store in Laguna beach, California, “citing unprofitability and tough economics.” “The limited population of the area coupled with challenging economic headwinds for grocers in California have unfortunately made this decision necessary,” said John Bagan, Gelson’s president-CEO.  “Despite an amazing and dedicated team, Laguna Beach has […]
  1. Channel: Grocery
In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was The FTC-Kroger, Albertsons fight could be long and complicated. The lawsuit filed by the Federal Trade Commission (FTC) against the $24.6 billion K  
  1. Trends & External Forces
Got this email from an MNB reader: I believe the final ruling on the merger will come down to who best defines “grocery store” for the courts.  If it’s the broader definition that includes WMT, Costco, Dollar General, Target, delivery & remote options, etc., Kroger will prevail.   If the 1980s / FTC definition of […]
Note: Requires ChatGPT Plus
Advertisement

Trending Topics

Editor’s Choice

  1. Acquisitions, Divestitures & Mergers
  2. Channel: Home Improvement
  3. Acquisitions, Divestitures & Mergers
  4. Corporate Finance
  5. Operations & Supply Chain
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. Media & Marketing
  2. Corporate Strategy
  3. Media & Marketing
  4. Data & Insights
  5. Shopper & Customer
  6. Trends & External Forces
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. […]
  1. Retail Ecosystem
  2. ESG
  3. Media & Marketing
  4. Agencies & Vendors
  5. Retail Ecosystem
  6. Data & Insights
  7. International
  8. Shopper & Customer
  9. Technology & Innovation
  10. Trends & External Forces
  11. Operations & Supply Chain
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 […]
  1. Department: Consumer Durables
  2. Department: Consumer Durables
  3. Corporate Strategy
  4. Corporate Finance
  5. Partnerships & Alt Profit
  6. Shopper & Customer
  7. Trends & External Forces
  8. Stores & Formats
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 […]

Trending

Advertisement