Media & Marketing MLS strikes TikTok partnership as threat of US ban looms A multi-year agreement follows growing traction for soccer in the U.S. but also arrives as lawmakers pressure ByteDance to divest the video app. MarketingDive March 21, 2023March 21, 2023 < 1 min read TikTokPartnershipsMarketing: SocialGovernmentDivestitures 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Dick’s Sporting Goods to Shutter Field & Stream Brand Dick’s Sporting Goods is shifting focus away from its Field & Stream stores toward its House of Sport concept, a significantly larger — and more profitable — version of the familiar Dick’s Sporting Goods store. Dick’s opened its first Field & Stream in 2013, catering to outdoor enthusiasts and hunters. Navdeep Gupta, executive vice president […] Joe Keenan March 9, 2023March 9, 2023 < 1 min read Dept. Sporting goodsDept. NonfoodExecutivesBrick and MortarHoliday & EventsConsumersResults & InvestmentPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger and Albertsons plan divestiture of 250-300 stores: Reuters The grocers are considering selling the locations, which could generate more than $1 billion in sales, in a bid to appease regulators reviewing the $24.6 billion merger. Grocery Dive February 14, 2023February 14, 2023 < 1 min read KrogerDivestituresBrick and MortarAlbertsons / SafewayMergers 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger, Albertsons Focus On Store Divestment Reuters reports that Kroger and Albertsons have begun the process of determining how many stores they will have to divest in order to gain the approbation of the Federal Trade Commission (FTC) and permission to proceed with their $24.6 billion merger. The story notes that stores in all of the regions in which the two […] MorningNewsBeat February 13, 2023February 13, 2023 2 min read Albertsons / SafewayKrogerDivestituresBrick and MortarGovernmentResults & InvestmentMergersDelivery 0 Saving Bookmark this article Bookmarked
Channel: Grocery Reuters: Kroger and Albertsons Seek Sale of Up to 300 Stores to Ease Merger Concerns Kroger and Albertsons Companies are reportedly working on plans to sell between 250 and 300 of their combined 4,996 stores in order to alleviate U.S. antitrust concerns regarding their merger, people familiar with the matter told Reuters. The move is aimed at easing regulators’ concerns that the deal could lead to grocery price hikes during […] Retail TouchPoints February 11, 2023February 11, 2023 2 min read Albertsons / SafewayKrogerBrick and MortarMergersGovernmentCompetitionLegal & CriminalAhold DelhaizeDivestituresTechnology & InnovationResults & InvestmentPricing & PromotionsOperations & Supply ChainMarketing: TradeAmazonEconomyCostcoConsumersBankruptcyWalmartDept. Grocery 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger and Albertsons plan to divest stores to get FTC merger approval Kroger and Albertsons are looking at selling between 250 and 300 stores in a strategy to gain approval from the Federal Trade Commission for their planned merger. The two supermarket giants operate 4,996 stores combined. RetailWire February 11, 2023February 11, 2023 < 1 min read Brick and MortarMergersKrogerAlbertsons / SafewayGovernmentDivestituresStrategy 0 Saving Bookmark this article Bookmarked
Trends & External Forces CVS beats on 4Q sales, earnings WOONSOCKET, R.I. — CVS Health topped analysts’ expectations for fourth-quarter sales and earnings, led by strong insurance and retail results. Earnings per share for the three months ended Dec. 31 rose 0.5% from the year-ago period to $1.99 on revenue of $83.8 billion (up 9.5%). Wall Street had projected adjusted EPS of $1.92 on revenue […] MMR February 8, 2023February 9, 2023 3 min read Results & InvestmentHealth & WellnessCVSDept. HBCCOVID19Dept. PharmacyEconomyGovernmentInternationalDeliveryDivestituresOperations & Supply ChainShoppersExecutivesStrategy 0 Saving Bookmark this article Bookmarked 5
Agencies & Vendors BCG Matrix: How to organise your product portfolio When a company evolves in a competitive market, it must constantly adapt to changes in the market and its competitors. This adaptation requires continuous monitoring in order to follow the evolution of the market and adapt its positioning accordingly. To ensure the sustainability of a company, it must have a balanced portfolio of products or […] Ecommerce Nation February 7, 2023February 7, 2023 5 min read ConsultingResults & InvestmentCompetitionData VisualizationDept. NonfoodMarketing: In StoreStrategyDivestituresSustainabilityTargetPricing & PromotionsPredictions and ForecastsAcquisition 0 Saving Bookmark this article Bookmarked
Corporate Strategy B&G Foods to Sell Back to Nature to Barilla America PARSIPPANY, N.J.–(BUSINESS WIRE)–B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into an agreement to sell the Back to Nature brand to Barilla America. “Our decision to sell Back to Nature is part of a broader effort at B&G Foods to focus our portfolio on businesses that are core to our long-term strategy […] BusinessWire - Supermarket December 16, 2022December 17, 2022 < 1 min read StrategyExecutivesDivestitures 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers JD Sports sells 15 retail brands to Frasers Group for almost £50m JD Sports has sold 15 retail brands to Mike Ashley’s Frasers Group for almost £50m. The owner of House of Fraser and Sports Direct has snapped… View Article The Retail Bulletin December 16, 2022December 17, 2022 < 1 min read Divestitures 0 Saving Bookmark this article Bookmarked
Channel: Grocery CEOs defend merger of Albertsons and Kroger CINCINNATI — Rodney McMullen, chairman and chief executive officer of Kroger Co., was joined by Albertsons Cos.’ CEO Vivek Sankaran last month in defending the companies’ proposed merger before a U.S. Senate subcommittee, whose members raised concerns over whether a combination of the nation’s two largest supermarket chains would harm consumers and workers. A merger […] MMR December 13, 2022December 14, 2022 2 min read KrogerMergersAssociatesExecutivesShoppersConsumersAlbertsons / SafewayGovernmentDivestituresOwned Brands (Private Label)Operations & Supply ChainPredictions and ForecastsReturnsDept. FreshCustomer ExperienceCompetitionDept. GroceryLegal & CriminalDeliveryDept. FuelData & InsightsBrick and MortarDept. Fresh PreparedDoorDashSustainabilityStrategyMarketing: TradeMarketing: Loyalty & SubscriptionHoliday & EventsFood DeliveryTechnology & Innovation 0 Saving Bookmark this article Bookmarked
CPG: Food Your Views: Right To The End Responding to last week’s interview with Matthew Lee Sawyer, author of “Make it In America: How International Companies & Entrepreneurs Can Successfully Enter & Scale in US Markets,” MNB reader Tom Murphy wrote: Great interview, both in terms of content and insights. The failure of most of the examples discussed were the result of what […] MorningNewsBeat December 12, 2022December 12, 2022 4 min read Dept. DairyExecutivesCVSAssociatesAlbertsons / SafewayDept. FreshKrogerAmazonDept. GroceryDept. RefrigeratedDept. PharmacyInternationalGovernmentData & InsightsMergersHoliday & EventsKraftHeinzEconomyDivestituresDept. PerimeterBrick and MortarResults & InvestmentDeliveryStore LocationCOVID19Big DataStrategySustainabilityInsight ProvidersTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Technology & Innovation How “Co-Opetition” Can Help Overcome the Obstacle of Retail Overstock The retail industry has struggled to cope with the unprecedented changes in the last few years spurred by the pandemic, leading to a scarcity of goods and overstocking in many cases. Additionally, snarls in supply chains resulted in bulk purchases until inflation changed consumer shopping patterns. Failure to identify and forecast changes resulted in excess […] Shubhankit Verma December 9, 2022December 9, 2022 4 min read Technology & InnovationOperations & Supply ChainData & InsightsPartnershipsShoppersAmazonPredictions and ForecastsBest BuyDivestituresPricing & PromotionsAIWeatherMarketing: TradeConsumersBrick and MortarConsultingCOVID19Dept. ApparelMarketing: VoiceEconomyMarketing: BroadcastMarketing: In StoreStrategySustainabilityTech: AIDept. Nonfood 0 Saving Bookmark this article Bookmarked
Trends & External Forces Kroger-Albertsons Deal To Get Hard Look from FTC The Federal Trade Commission (FTC) yesterday sent what is called “a second request” for additional information on the proposed $24.6 billion acquisition by Kroger of Albertsons, a deal that would, if approved, combine the second and fourth ranked US supermarket chains. Bloomberg writes that “such a request lengthens a transaction’s antitrust review by months or […] MorningNewsBeat December 7, 2022December 7, 2022 2 min read GovernmentKrogerMergersAlbertsons / SafewayCompetitionLegal & CriminalAssociatesTechnology & InnovationMetaverseTech: AR and VRPredictions and ForecastsDivestituresEconomyAcquisitionMeta (Facebook)Dept. GroceryBrick and MortarConsumersUnileverDept. FreshStart UpsStrategySustainabilityDept. Perimeter 0 Saving Bookmark this article Bookmarked
International Made.com stock to be auctioned off by John Pye Made.com administrators have appointed John Pye Auctions to sell off stock from the recently collapsed furniture business. The auction house has been brought in to raise money for creditors of… The post Made.com stock to be auctioned off by John Pye appeared first on Latest Retail Technology News From Across The Globe – Charged. ChargedRetail November 15, 2022November 15, 2022 < 1 min read International - UKTechnology & InnovationDivestitures 0 Saving Bookmark this article Bookmarked
Department: Nonfood Your Views: Searing Criticisms On Friday, we took note of a Fox Business story saying that “Sears Holdings has emerged from bankruptcy after more than 10,000 court filings and a four-year stay that saw the department store chain shrink from almost 700 stores to less than two dozen. The bankruptcy estate’s reorganization plan took effect on Oct. 29, signaling […] MorningNewsBeat November 15, 2022November 15, 2022 3 min read Dept. NonfoodBrick and MortarMerchandisingBankruptcyDept. AppliancesTargetAmazonDept. GroceryStore FormatShoppersResults & InvestmentAssociatesMarketing: Loyalty & SubscriptionPredictions and ForecastsMarketing: SocialMarketing: PrintDivestituresTwitter 0 Saving Bookmark this article Bookmarked
Media & Marketing Asda chooses Veeam as it takes control of protecting large, virtualised infrastructure Asda has selected Veeam Software’s Availability Suite to provide backup and restore for mission critical systems. Following its divestiture from Walmart in early 2021, the supermarket chain has taken responsibility for protecting the large, virtualised infrastructure that underpins its business. It says that Veeam has enabled it to do this without sending IT headcount soaring. […] Retail Technology Innovation Hub November 8, 2022November 8, 2022 2 min read Data & InsightsTechnology & InnovationMarketing: SocialTwitterInternational - UKBrick and MortarWalmartDivestituresPredictions and ForecastsDeliveryDept. NonfoodOperations & Supply ChainLegal & CriminalMarketing: In StoreSustainabilityPartnershipsAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Half of UK Retailers Fear They Will Be Forced to Slash Prices Before Christmas Due to Downturn in Consumer Spending Contributed by Brightpearl. A poll of 250 retailers found 45 per cent have surplus goods they’re desperate to offload – with fashion, toys and gifts, baby and toddler the sectors struggling the most being And 59 per cent of those in this situation admit there’ll be ‘dangerous’ ramifications for their business if they fail […] Retail Minded November 2, 2022November 2, 2022 2 min read ConsumersHoliday & EventsOperations & Supply ChainInternational - UKTechnology & InnovationCOVID19StrategyPredictions and ForecastsDept. ApparelDept. NonfoodData & InsightsDept. Toys & GamesGoogleResults & InvestmentShoppersDivestituresBankruptcy 0 Saving Bookmark this article Bookmarked
Technology & Innovation Your Views: Choose Your Corner On Friday, we took note of a Wall Street Journal story about how “the U.S. economy grew at a 2.6% annual rate in the third quarter despite a slowdown in consumer spending during the summer amid high inflation and rising interest rates.” I commented about the mixed messages: I’m not an economist, and have […] MorningNewsBeat October 31, 2022October 31, 2022 5 min read Technology & InnovationEconomyBrick and MortarAssociatesConsumersMergersDept. GroceryDept. FuelExecutivesCompetitionAmazonKrogerTrader JoesAhold DelhaizeAlbertsons / SafewayAldiResults & InvestmentOperations & Supply ChainCOVID19Dept. DairyMerchandisingDivestituresWalmart 0 Saving Bookmark this article Bookmarked
Channel: Grocery Senators Call for Antitrust Panel to Evaluate Kroger-Albertsons Merger The proposed $25 billion Kroger-Albertsons merger is already running into significant opposition from progressive lawmakers and others, according to CNN. A Senate antitrust panel will hold a hearing next month on the Kroger-Albertsons merger focused on how the deal could impact competition in the grocery industry. This comes after several senators raised concerns and called on […] Kristina Stidham October 21, 2022October 21, 2022 2 min read Albertsons / SafewayKrogerMergersGovernmentLegal & CriminalAcquisitionAssociatesDivestituresCompetitionBrick and MortarDept. GroceryBankruptcyTwitterMarketing: SocialExecutivesSustainabilityPress ReleasePredictions and ForecastsPhilanthropyDept. Fresh 0 Saving Bookmark this article Bookmarked 4
Channel: Drug Your Views: Forks & Knives More comments from the MNB community about the proposed Kroger-Albertsons deal… One MNB reader wrote: One key learning after going through this process that I feel is evident to both Kroger and Albertsons management is the follow up to divestiture. Recall the Haggen’s debacle, where Albertsons sold some 88 stores to Haggen, (who failed miserably […] MorningNewsBeat October 21, 2022October 21, 2022 3 min read Albertsons / SafewayConsumersLidlAldiCompetitionKrogerOwned Brands (Private Label)Dollar GeneralBrick and MortarResults & InvestmentRite AidWalgreensEconomyMergersUnileverOperations & Supply ChainDivestituresMerchandisingMarketing: In StoreInternational - UKGovernmentAhold Delhaize 0 Saving Bookmark this article Bookmarked
Shopper & Customer Big bargains will dominate the holiday season, but shoppers may not be sold Retailers are discounting computers, toys and more to try to sell off excess inventory and encourage budget-conscious shoppers to spend. CNBC October 21, 2022October 21, 2022 < 1 min read ShoppersHoliday & EventsOperations & Supply ChainDivestituresDept. Toys & GamesDept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Grocery Will the Kroger-Albertsons deal get past regulators? Success will depend on how the FTC defines competition and whether the companies can satisfy the agency’s increasingly intense scrutiny of store divestitures, experts say. Grocery Dive October 20, 2022October 20, 2022 < 1 min read KrogerAlbertsons / SafewayCompetitionGovernmentDivestitures 0 Saving Bookmark this article Bookmarked
Trends & External Forces P&G Announces Fiscal Year 2023 First Quarter Results CINCINNATI–(BUSINESS WIRE)–The Procter & Gamble Company (NYSE:PG) reported first quarter fiscal year 2023 net sales of $20.6 billion, an increase of one percent versus the prior year. Excluding the impacts of foreign exchange, acquisitions and divestitures, organic sales increased seven percent. Diluted net earnings per share were $1.57, a decrease of two percent versus prior […] BusinessWire - Supermarket October 19, 2022October 19, 2022 5 min read Predictions and ForecastsResults & InvestmentProcter & GambleHealth & WellnessDivestituresDept. Natural / Organic 0 Saving Bookmark this article Bookmarked
Channel: Grocery Your Views: Merger Madness Not surprisingly, lots of email about the proposed Kroger-Albertsons merger… An MNB reader weighed in: The pending merger of Kroger and Albertsons has a defined strategy for a spinoff of 100 – 375 stores into what is known as a SpinCo. SpinCo’s exist for at least two major reasons: 1) To appease the regulatory authorities […] MorningNewsBeat October 17, 2022October 18, 2022 4 min read Albertsons / SafewayKrogerMergersBrick and MortarAcquisitionResults & InvestmentDept. GroceryWalmartConsumersStrategyDivestituresGovernmentExecutivesWalgreensAmazonBankruptcyUnited Natural FoodsPredictions and ForecastsOwned Brands (Private Label)Dept. FreshOperations & Supply ChainDept. PerimeterEconomyRite AidHealth & WellnessMarketing: Trade 0 Saving Bookmark this article Bookmarked
Channel: Grocery Reports: Kroger, Albertsons Close To Announcing Merger There were numerous reports yesterday that Kroger and Albertsons have been negotiating a merger/acquisition agreement that could be finalized as early as today, though the stories also emphasized that a deal could be delayed or abandoned. The exact structure of the deal has not yet been reported, and neither company would comment on the record. […] MorningNewsBeat October 14, 2022October 14, 2022 5 min read Albertsons / SafewayKrogerMergersResults & InvestmentGovernmentDept. GroceryEconomyCOVID19AmazonCompetitionShoppersLegal & CriminalWalmartBrick and MortarBOPISAcquisitionMarketing: Loyalty & SubscriptionOcadoTechnology & InnovationWhole FoodsCostcoCVSDivestituresDept. NonfoodDeliveryHealth & WellnessDept. FreshData & InsightsUnited Natural FoodsTech: RoboticsSustainabilityStrategyInternational - UKPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger and Albertsons Companies Announce Definitive Merger Agreement Company Release – 10/14/2022 Establishes National Footprint to Serve America with Fresh, Affordable Food for Everyone Combines Two Companies with Shared Values to Unite Around Kroger’s Purpose to Feed the Human Spirit Accelerates Kroger’s Go-to-Market Strategy and Positions Combined Company as a Premier Omnichannel Food Retailer, Delivering Quality, Value, Convenience and Choice for Customers Continuing Track Record […] Kroger Press Releases October 14, 2022October 15, 2022 13 min read Albertsons / SafewayKrogerAssociatesShoppersDept. GroceryExecutivesResults & InvestmentDept. FreshBrick and MortarGovernmentCustomer ExperienceDivestituresOperations & Supply ChainData & InsightsMergersOmnichannelAcquisitionESG and CSRReturnsDept. FuelLegal & CriminalConsumersPricing & PromotionsMarketing: TradeDept. PharmacyHealth & WellnessMarketing: Direct & PersonalizationPhilanthropyOwned Brands (Private Label)Predictions and ForecastsBig DataDept. Natural / OrganicDeliveryPress ReleaseBOPISMarketing: BrandMarketing: Retail MediaPartnershipsInclusivityMarketing: Loyalty & SubscriptionAgenciesSustainabilityDept. PerimeterDept. HBCData VisualizationEconomyTechnology & InnovationStore LocationUnileverMarketing: In StoreMerchandising 0 Saving Bookmark this article Bookmarked 5
Channel: Ecommerce & Digital Amazon’s Counterintuitive Next Big Move — Helping Brands Sell Off Amazon With 2 million third-party sellers accounting for more than half of its retail revenue, Amazon’s relationship with the businesses that sell on its platform has become essential to its success. As those sellers have become more successful though, they have also become more powerful …and more demanding. Many are no longer content to exist solely […] Retail TouchPoints September 25, 2022September 25, 2022 7 min read AmazonShoppersOperations & Supply ChainDept. PetDeliveryBrick and MortarTechnology & InnovationPartnershipsSustainabilityExecutivesDivestituresPackagingShopifyInstacartReturnsCustomer ExperienceMarketing: VoiceRecommerceBOPISMarketing: SocialData & InsightsStart UpsDept. BakeryDept. GroceryDept. Natural / OrganicHoliday & EventsMarketing: In StoreDept. ApparelMerchandising 0 Saving Bookmark this article Bookmarked
Trends & External Forces Billionaire Retailer-Manufacturer Gives Away His Iconic Company The New York Times this morning has the story of Yvon Chouinard, founder and owner of Patagonia, and how, “rather than selling the company or taking it public, Mr. Chouinard, his wife and two adult children have transferred their ownership of Patagonia, valued at about $3 billion, to a specially designed trust and a nonprofit […] MorningNewsBeat September 15, 2022September 15, 2022 2 min read GovernmentSustainabilityResults & InvestmentPhilanthropyStrategyDivestituresDept. Apparel 0 Saving Bookmark this article Bookmarked
Corporate Strategy B&G shifts its strategy toward slow, steady growth Future divestitures may lie ahead for Specialty business unit. Food Business News September 12, 2022September 12, 2022 < 1 min read StrategyPredictions and ForecastsDivestitures 0 Saving Bookmark this article Bookmarked
Channel: Mass International Shopper & Customer Technology & Innovation Tesco infuriates shoppers as it slashes Clubcard points value Supermarket giant Tesco came under fire following the announcement that it will be reducing the value of Clubcard reward vouchers from June 2023. The reduction will come into force after… The post Tesco infuriates shoppers as it slashes Clubcard points value appeared first on Latest Retail Technology News From Across The Globe – Charged. Written by ChargedRetail March 21, 2023March 21, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Corporate Strategy Corporate Finance Partnerships & Alt Profit Media & Marketing Agencies & Vendors Data & Insights International Shopper & Customer Technology & Innovation aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […] Written by Retail Technology Innovation Hub March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation The Daily QuickWit (3/17): The Top Retail News The top retail news and most read stories in commerce. Written by RetailWit March 17, 2023March 21, 2023 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Partnerships & Alt Profit Shopper & Customer Technology & Innovation Kroger lands deal for self-driving truck deliveries Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […] Written by Supermarket News March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
CPG: Food Channel: Grocery Department & Category Department: Beverage Department: Food Corporate Strategy Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Owned Brands (Private Label) Albertsons Redesigns and Expands Open Nature Own Label Line Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […] Written by MorningNewsBeat March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked