Channel: Grocery Taking a closer look at Kroger and Albertsons’ revised divestiture deal with C&S A series of charts and maps shows how the retailers’ revised deal differs from the original, and how it would impact markets across the country. Grocery Dive April 23, 2024April 23, 2024 < 1 min read Regional GroceryKrogerDivestituresAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Trends & External Forces FTC Looks to Block Tapestry’s $8.5 Billion Acquisition of Capri Holdings Saying that Tapestry’s planned purchase of Capri Holdings would eliminate head-to-head competition in the “accessible luxury” handbag market, the Federal Trade Commission (FTC) has authorized a lawsuit to block the $8.5 billion deal. The acquisition plan, announced in August 2023, would bring together some of the most iconic names in luxury, uniting Tapestry’s Coach, Stuart […] Retail TouchPoints April 23, 2024April 23, 2024 2 min read AcquisitionGovernmentCompetitionConsumersMergersPredictions and ForecastsAssociatesDept. ApparelAlbertsons / SafewayRegional GroceryKrogerMarketing: Social MediaBrick and MortarLegal & CriminalPackagingDivestituresStrategy 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid is closing another 53 stores PHILADELPHIA — Rite Aid this month announced plans to close 53 more stores, adding to the roughly 200 it has shuttered since filing for Chapter 11 bankruptcy protection late last year. Officials with the retail pharmacy chain said decisions about which stores to close are based on factors including business strategy, lease and rent considerations, […] MMR April 23, 2024April 23, 2024 < 1 min read Rite AidBrick and MortarBankruptcyHealth & WellnessDept. PharmacyStrategyShoppersResults & InvestmentDivestituresKraftHeinz 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger and Albertsons update divestiture plan with C&S The grocery chains have increased the number of stores they plan to divest and added other assets to the deal as they press ahead with their embattled merger plan. Grocery Dive April 22, 2024April 22, 2024 < 1 min read DivestituresRegional GroceryKrogerAlbertsons / SafewayMergersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Strategy First Quality promotes Allen Bodford GREAT NECK, N.Y. — First Quality announced it has named Allen Bodford as president of its Absorbent Hygiene division, effective immediately. The division produces adult incontinence products, baby diapers, training and youth pants, period pads and baby wipes for health care and retail channels. The division’s operations include four manufacturing locations across the United States […] MMR March 27, 2024March 27, 2024 < 1 min read ExecutivesOperations & Supply ChainConsumersResults & InvestmentPredictions and ForecastsInternational - North AmericaHealth & WellnessDivestituresDept. HBCDept. BabyDept. Apparel 0 Saving Bookmark this article Bookmarked
Channel: Grocery Do Kroger and Albertsons need to revise their divestiture deal with C&S? The grocery giants may need to rethink their plan to offload assets as they look to appease regulators with their proposed mega-merger, analysts say. Grocery Dive March 25, 2024March 25, 2024 < 1 min read Regional GroceryKrogerDivestituresAlbertsons / SafewayMergers 0 Saving Bookmark this article Bookmarked
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 […] Marie Albiges March 20, 2024March 21, 2024 < 1 min read KrogerDept. PharmacyMergersRegional GroceryAlbertsons / SafewayAssociatesGovernmentAcquisitionConsumersDivestituresHealth & WellnessBrick and MortarC&S Wholesale GrocersLegal & CriminalOperations & Supply ChainPredictions and ForecastsPress Release 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger, Albertsons Fire Back At FTC 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 […] MorningNewsBeat March 18, 2024March 18, 2024 2 min read KrogerGovernmentRegional GroceryAlbertsons / SafewayAssociatesMarketing: In StoreMergersLegal & CriminalCompetitionTargetAmazonDivestituresCostcoBrick and MortarPredictions and ForecastsWalmart 0 Saving Bookmark this article Bookmarked
Merchandising Maximizing Your Trade Show Success: A Post-Exhibition Game Plan for CPG Brands Expo West begins today, and for the next few days many brands will experience a whirlwind of networking, handing out samples, schmoozing at after-hours events, and starting potential business deals. Once it all wraps up, though, now what? Well, then it’s time to turn that momentum into tangible success. You’ve invested time, money, and energy […] RangeMe March 13, 2024March 13, 2024 4 min read MerchandisingSustainabilityVendorsPredictions and ForecastsMarketing: Social MediaAssociatesShoppersOperations & Supply ChainDeliveryPop UpsData & InsightsIndustry Conferences and EventsDivestituresPricing & Promotions 0 Saving Bookmark this article Bookmarked
Trends & External Forces Adidas warns of falling sales in North America as it continues to sell off Yeezy inventory Adidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear brand continues to sell off its Yeezy inventory. CNBC March 13, 2024March 13, 2024 < 1 min read Operations & Supply ChainDivestituresDept. ApparelPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat March 12, 2024March 12, 2024 2 min read Albertsons / SafewayRegional GroceryKrogerGovernmentBrick and MortarAssociatesConsumersAcquisitionPredictions and ForecastsCostcoDivestituresC&S Wholesale GrocersAmazonWalmartHoliday & EventsMergersPiggly WigglyUnilever 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Beyond Acquires Zulily, Plans to Revive Brand in Q2 Beyond, Inc. — parent company of Bed Bath & Beyond and Overstock.com — has acquired the intellectual property of defunct flash-sale retailer Zulily, following that platform’s abrupt wind-down of its business in late 2023. Newly appointed Beyond, Inc. Executive Chairman Marcus Lemonis said the acquisition is aimed at strengthening Beyond’s position in the off-price market. Beyond paid $4.5 million in […] Retail TouchPoints March 10, 2024March 10, 2024 3 min read AcquisitionExecutivesShoppersOperations & Supply ChainPredictions and ForecastsBed Bath & BeyondAmazonBankruptcyMarketing: Social MediaResults & InvestmentLegal & CriminalDept. ApparelInsight ProvidersBig DataData & InsightsDept. NonfoodDivestituresESG and CSRMarketing: BrandShopifyStrategySustainabilityTechnology & InnovationVendors 0 Saving Bookmark this article Bookmarked
Trends & External Forces Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024 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. Kroger March 7, 2024March 8, 2024 9 min read KrogerResults & InvestmentPredictions and ForecastsAssociatesDept. FuelShoppersDept. Fresh PreparedDept. DeliHealth & WellnessSustainabilityEconomyGovernmentConsumersOperations & Supply ChainStrategyDept. PharmacyMarketing: BrandDept. FreshReturnsMergersOwned Brands (Private Label)PartnershipsDept. GroceryDept. DairyDept. BeverageData & InsightsExecutivesMarketing: Direct & PersonalizationWeatherCustomer ExperienceCompetitionPress ReleaseUnileverDivestituresDept. PerimeterAlbertsons / SafewayDept. BakeryTargetRegional GroceryDept. Natural / OrganicDept. HBCBrick and MortarDeliveryTrends: ConsumerTechnology & InnovationMarketing: TradeMarketing: Loyalty & SubscriptionMarketing: In StoreESG and CSR 0 Saving Bookmark this article Bookmarked
Trends & External Forces Rite Aid to divest most Health Dialog assets PHILADELPHIA — Rite Aid Corp. today announced that it has entered into an asset purchase agreement (APA) for the partial sale of its Health Dialog business to Carenet Health (Carenet), a provider of healthcare engagement, clinical support, telehealth and advocacy solutions. Health Dialog provides personalized population health solutions to improve the health of members while […] MMR March 6, 2024March 6, 2024 2 min read Health & WellnessRite AidDivestituresMarketing: Direct & PersonalizationPredictions and ForecastsOperations & Supply ChainKraftHeinzExecutivesDept. HBCBrick and MortarBankruptcy 0 Saving Bookmark this article Bookmarked
Corporate Strategy Former Eckerd CEO Stew Turley dies at 89 TAMPA — Stew Turley, who guided the evolution of Eckerd Corp. for three decades, died last week at his home in Florida after a battle with lymphoma. He was 89. During the course of his tenure at the retailer, which began in 1966 when he was named manager of non-drug operations, Eckerd grew to 2,778 […] MMR February 28, 2024February 28, 2024 2 min read ExecutivesBrick and MortarOperations & Supply ChainMergersConsumersShoppersTargetResults & InvestmentDivestituresPartnerships 0 Saving Bookmark this article Bookmarked
Channel: Grocery Analysts weigh in on FTC’s suit to challenge Kroger-Albertsons deal The agency’s detailed statement opposing the proposed merger has industry experts mulling over the C&S divestiture plan and its possible impacts on industry competition. Grocery Dive February 28, 2024February 28, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / SafewayCompetitionMergersDivestitures 0 Saving Bookmark this article Bookmarked
Channel: Grocery Pardon the Disruption: 4 thoughts on the FTC’s challenge to Kroger-Albertsons The agency strongly refuted claims the companies made around pricing, worker benefits and store divestitures, setting the stage for a pitched legal battle. Grocery Dive February 27, 2024February 27, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / SafewayLegal & CriminalDivestitures 0 Saving Bookmark this article Bookmarked
Channel: Grocery FTC sues to block Kroger-Albertsons merger WASHINGTON — The Federal Trade Commission has filed a lawsuit to block Kroger’s proposed $25 billion merger with Albertsons Cos., contending that consumers will see higher prices and workers will see lower wages if the deal goes through. “This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over […] MMR February 26, 2024February 26, 2024 2 min read MergersKrogerConsumersAlbertsons / SafewayRegional GroceryGovernmentAssociatesAcquisitionBrick and MortarDept. GroceryOperations & Supply ChainCompetitionDivestituresLegal & CriminalDept. FreshEconomyCostcoHealth & WellnessDept. PerimeterC&S Wholesale GrocersOwned Brands (Private Label)AmazonResults & InvestmentWalmart 0 Saving Bookmark this article Bookmarked
Channel: Grocery Report: FTC Ready To Block Kroger-Albertsons Deal Bloomberg reports that “the US Federal Trade Commission and a group of states are poised to sue as soon as next week to block the tie-up between supermarket giants Kroger Co. and Albertsons Cos., according to people familiar with the plans. “The suit is expected before Feb. 28, when an agreement not to close the […] MorningNewsBeat February 22, 2024February 22, 2024 2 min read GovernmentKrogerRegional GroceryAlbertsons / SafewayDivestituresLegal & CriminalBrick and MortarMergersAssociatesPredictions and ForecastsAcquisitionUnileverC&S Wholesale GrocersPiggly Wiggly 0 Saving Bookmark this article Bookmarked
Channel: Grocery UFCW local throws support behind Kroger-Albertsons merger UFCW Local 555 said Monday that it endorses the grocers’ proposed divestiture plan with C&S Wholesale Grocers. Grocery Dive February 21, 2024February 21, 2024 < 1 min read Regional GroceryMergersKrogerAlbertsons / SafewayDivestituresC&S Wholesale Grocers 0 Saving Bookmark this article Bookmarked
Channel: Grocery The Friday Checkout: Is C&S Wholesale Grocers fit to run assets Kroger, Albertsons want to divest? The lawsuit brought by Colorado’s attorney general claims that the wholesaler and retailer doesn’t have the experience to run hundreds of stores and several more private brands. Grocery Dive February 16, 2024February 16, 2024 < 1 min read Regional GroceryKrogerDivestituresC&S Wholesale GrocersAlbertsons / SafewayOwned Brands (Private Label)Legal & CriminalBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Grocery Colorado Sues To Block Kroger-Albertsons Deal Colorado Attorney Journal Phil Weiser yesterday filed a lawsuit designed to block Kroger’s proposed $24.6 billion acquisition of Albertsons, saying the the deal would be anticompetitive. Axios reports that “Weiser has been leading a multi-state investigation since December 2022 and is the second state to sue following Washington … The announcement said the deal not […] MorningNewsBeat February 15, 2024February 15, 2024 2 min read KrogerGovernmentAlbertsons / SafewayRegional GroceryLegal & CriminalMergersAcquisitionBrick and MortarCompetitionAssociatesOperations & Supply ChainDept. PharmacyPress ReleasePredictions and ForecastsDivestitures 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Adidas Plans To Sell Off Remaining Yeezy Inventory Adidas has announced that it has opted to sell all of its remaining Yeezy inventory throughout 2024. RetailWire February 2, 2024February 2, 2024 < 1 min read Operations & Supply ChainDept. ApparelDivestituresPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Adidas Will Sell Remaining Yeezy Stock at Cost Adidas will sell off its remaining Yeezy inventory at cost rather than write it off at a loss, the company announced alongside its preliminary results for 2023. The move isn’t entirely unexpected — in 2023, the company issued releases of Yeezy stock in May and July. Products in those two releases were sold at a […] Retail TouchPoints February 2, 2024February 2, 2024 2 min read Dept. ApparelPartnershipsPredictions and ForecastsOperations & Supply ChainPhilanthropyMarketing: Social MediaExecutivesStrategyResults & InvestmentMerchandisingDivestituresConsumers 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid completes its sale of Elixir PHILADELPHIA — Rite Aid Corporation has completed the previously announced sale of its Elixir Solutions business to MedImpact Healthcare Systems for approximately $575 million. “We are pleased to finalize the sale of Elixir, marking another important milestone in our transformation to strengthen our long-term financial position,” said Jeffrey Stein, Rite Aid’s CEO and chief restructuring […] MMR February 2, 2024February 2, 2024 < 1 min read Rite AidHealth & WellnessResults & InvestmentPredictions and ForecastsKraftHeinzExecutivesDivestitures 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Shuttered Zulily Taps Gordon Brothers to Handle Sale of Inventory and Fulfillment Center Assets Zulily Group has engaged the advisory firm Gordon Brothers to sell off more than $85 million of inventory and the assets of its two fulfillment centers following the online retailer’s decision late last year to shut down. Screenshot of the Zulily website from December 2023 highlighting the going-out-of-business sale. News of the wind-down first broke […] Retail TouchPoints January 31, 2024January 31, 2024 2 min read Operations & Supply ChainAmazonPredictions and ForecastsDept. ApparelLegal & CriminalBankruptcyConsumersMarketing: Social MediaDept. NonfoodResults & InvestmentPress ReleaseDept. AppliancesMarketing: PrintDivestituresDept. HBCSustainabilityAcquisition 0 Saving Bookmark this article Bookmarked
Channel: Grocery SN Top 10: Aldi, Walmart, Rite Aid top the week's headlines In this week’s recap of the Top 10 most popular Supermarket News articles, the top story Aldi acquisition of Southeastern Grocers moves forward with divestiture of Fresco y Más. Southeastern Grocers Inc. has completed its divestiture of Fresco y Supermarket News January 29, 2024January 29, 2024 < 1 min read Southeastern GrocersRegional GroceryAldiWalmartRite AidDivestituresAcquisition 0 Saving Bookmark this article Bookmarked
Channel: Grocery Aldi acquisition of Southeastern Grocers moves forward with divestiture of Fresco y Más The deal is expected to be completed within the first half of 2024 Supermarket News January 27, 2024January 27, 2024 < 1 min read Southeastern GrocersAcquisitionRegional GroceryDivestituresAldiPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Grocery Southeastern Grocers completes sale of Fresco y Más The divestiture is linked to a broader plan the grocery company announced last summer to ultimately exit the supermarket business. Grocery Dive January 26, 2024January 26, 2024 < 1 min read Southeastern GrocersDivestitures 0 Saving Bookmark this article Bookmarked
Channel: Grocery SEG completes sale of Fresco y Más JACKSONVILLE, Fla. — Southeastern Grocers said it has completed the divestiture of its Fresco y Más operations via a sale of the banner to an investment group, which plans to maintain existing operations at the locations. SEG last year announced plans to sell the chain to Fresco Retail Group LLC as part of its ongoing […] MMR January 25, 2024January 25, 2024 2 min read Southeastern GrocersRegional GroceryAldiOperations & Supply ChainDivestituresAhold DelhaizeAcquisitionExecutivesBankruptcyBrick and MortarDept. GroceryDept. PharmacyWalgreensCVSWalmartPress ReleasePublixResults & Investment 0 Saving Bookmark this article Bookmarked
Technology & Innovation Data & Insights Technology & Innovation Trends & External Forces Coca-Cola Sparks AI Transformation With $1.1B Microsoft Cloud Expansion Over the next five years, Coca-Cola will be focused on global productivity and innovation, adopting leading-edge tech with cloud and AI platforms as the foundation. Get the details. Written by Consumer Goods Technology April 23, 2024April 23, 2024 Saving Bookmark this article Bookmarked
Associates & Employees Channel: Ecommerce & Digital Channel: Grocery Channel: Home Improvement Channel: Mass Channel: Restaurants CPG: Food Data & Insights Department: Food Department: HBC Department: Nonfood International Media & Marketing Operations & Supply Chain Shopper & Customer Technology & Innovation Trends & External Forces Ranked: The Largest U.S. Corporations by Number of Employees See this visualization first on the Voronoi app. The Largest U.S. Corporations by Number of Employees 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. Revenue and profit are common measures for measuring the size of […] Written by Visual Capitalist April 21, 2024April 21, 2024 Saving Bookmark this article Bookmarked
Channel: Mass Retailer Media Data & Insights Walmart’s new combo will aid suppliers Walmart Luminate and Walmart Connect to become Walmart Luminate Insights Activation Written by Supermarket News April 18, 2024April 18, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Media & Marketing Technology & Innovation Amazon introduces shoppable, ad-supported channel to Prime Video, Freevee The channel leverages Amazon’s “shop the show” technology to enable viewers to easily purchase content seen on their TV screen via a mobile device. Written by MarketingDive April 18, 2024April 18, 2024 Saving Bookmark this article Bookmarked
Operations & Supply Chain Department: Nonfood ESG Operations & Supply Chain Asics creates a circular shoe, returns program The sporting goods company designed a shoe ready to undergo recycling at the end of its use. Written by RetailDive April 18, 2024April 18, 2024 Saving Bookmark this article Bookmarked