Channel: Grocery 5 things top news: Kroger, Albertsons pushes back against FTC The most impactful stories in the grocery industry for the week ending March 15 0 Author Missing March 18, 2024March 18, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / Safeway 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 Speak the CFO’s Language To Grow Digital Shelf Investments DSI “A lot of business cases, they depend on internal efficiency gains. But if you don’t measure this … then it will never lead to project success or success on the digital shelf … Have a measuring mindset.” — Ilse Goverts-van Kesteren, Lead Business Consultant, Wunderman Thompson When Wunderman Thompson asked […] Digital Shelf Institute March 18, 2024March 18, 2024 10 min read MerchandisingResults & InvestmentData & InsightsExecutivesConsumersPodcastsTargetMarketing: Social MediaPartnershipsReturnsKrogerPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Stores & Formats Harris Teeter tests DMV kiosks in three stores NC test could be expanded to more locations and other grocery banners Supermarket News March 16, 2024March 16, 2024 < 1 min read KrogerBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger and Albertsons hit back at the FTC The regulatory agency has mischaracterized competition and labor dynamics in the grocery industry in seeking to block their merger, the grocers said in filings this week. Grocery Dive March 15, 2024March 15, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / SafewayCompetitionMergersAssociates 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger adds new seafood items to private brands lineup The new oven- and microwave-ready options span the grocer’s Private Selection, Kroger and Home Chef brands, and are presented as easy meal solutions that streamline seafood preparation. Grocery Dive March 15, 2024March 15, 2024 < 1 min read KrogerDept. FreshOwned Brands (Private Label)HomeChef 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger, Albertsons file pointed responses to FTC Retailers allege “willful ignorance of basic facts” in FTC’s “flimsy case” Supermarket News March 15, 2024March 15, 2024 < 1 min read GovernmentRegional GroceryKrogerAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
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. […] MorningNewsBeat March 13, 2024March 13, 2024 2 min read Brick and MortarRegional GroceryAlbertsons / SafewayGovernmentWaWaAcquisitionResults & InvestmentKrogerInsight ProvidersBig DataTech: CashierlessDeliveryCompetitionTechnology & InnovationPredictions and ForecastsMarketing: BrandIndustry Conferences and EventsAldiData VisualizationCircle KAhold DelhaizeAlimentation Couche-TardAmazonAssociates7-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Channel: Grocery Court sets late August start date for hearing on Kroger-Albertsons merger A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction. Grocery Dive March 12, 2024March 14, 2024 < 1 min read Regional GroceryMergersKrogerAlbertsons / SafewayGovernment 0 Saving Bookmark this article Bookmarked
Channel: Grocery Hearing to decide next step in Kroger, Albertsons merger set for August Oregon case would block the merger while the FTC conducts an in-house hearing 0 Author Missing March 12, 2024March 12, 2024 < 1 min read MergersRegional GroceryKrogerAlbertsons / SafewayGovernment 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
Shopper & Customer The Power of Mobile Apps for Grocery Stores 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 […] Lawrence Snapp March 12, 2024March 12, 2024 3 min read ConsumersTechnology & InnovationAIShoppersOperations & Supply ChainThick DataMarketing: In StorePricing & PromotionsDeliveryMarketing: TradeBrick and MortarPredictions and ForecastsDept. NonfoodInstacartExecutivesKrogerAlbertsons / SafewayMarketing: Loyalty & SubscriptionRegional GroceryMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
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 […] Grocerant Guru March 12, 2024March 12, 2024 3 min read Whole FoodsDept. GroceryAmazonData & InsightsConsumersShoppersRegional GroceryMarketing: BrandDept. FreshBrick and MortarAcquisitionOwned Brands (Private Label)AgenciesMarketing: Retail MediaAssociatesKrogerMarketing: In StoreMarketing: Loyalty & SubscriptionMarketing: ShopperMarketing: Social MediaSustainabilityDept. Perimeter 0 Saving Bookmark this article Bookmarked
Channel: Grocery SN Top 10: Kroger, Wegmans, Publix top the week’s headlines In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was petition to shut down Wegmans’ fish market gets 4,000 signatures. Some 4,000 people have signed a petition to shut down Wegmans’ Manhattan fish mar Supermarket News March 12, 2024March 12, 2024 < 1 min read WegmansRegional GroceryPublixKroger 0 Saving Bookmark this article Bookmarked
Shopper & Customer Kroger invests in cross-channel customer experiences The grocer is planning on piloting drive-thru pickup lanes and tools to help associates more efficiently prepare items for pickup. Grocery Dive March 11, 2024March 11, 2024 < 1 min read ShoppersKrogerBOPISAssociatesStrategyDept. Nonfood 0 Saving Bookmark this article Bookmarked
Department: HBC Worth Watching: Scott Moses Makes The Case 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 – […] MorningNewsBeat March 11, 2024March 11, 2024 < 1 min read PartnershipsMarketing: Social MediaGovernmentResults & InvestmentRestaurantsRegional GroceryPredictions and ForecastsKrogerDept. PharmacyAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger Releases Q4, Annual Sales Figures Kroger said that its Q4 total sales, excluding fuel, declined 0.5 percent to $37.1 billion, from $34.8 billion during the same period a year ago. Same-store sales for the period were down 0.8 percent. However, operating profit grew to $1.19 billion from $826 million in the prior-year period, while Kroger digital sales grew more than […] MorningNewsBeat March 11, 2024March 11, 2024 < 1 min read KrogerEconomyShoppersDept. FuelConsumersDept. Adult BevDept. BeverageDept. GroceryExecutivesOwned Brands (Private Label)Predictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Finance Kroger stock jumps following Q4 earnings report CEO McMullen disappointed with FTC effort to block Albertsons merger but not surprised “given the current political environment” 0 Author Missing March 9, 2024March 9, 2024 < 1 min read Results & InvestmentKrogerGovernmentSustainabilityRegional GroceryMergersExecutivesAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Kroger reports improved profit line as it girds for battle with FTC The grocer is determined to overcome the government’s effort to stop its merger with Albertsons but sees room to grow even if it can’t consummate the deal, its CEO said. Grocery Dive March 8, 2024March 8, 2024 < 1 min read GovernmentKrogerRegional GroceryMergersExecutivesAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Associates & Employees Kroger’s Mid-Atlantic Division and UFCW Local 400 union make deal on wage increments The deal includes a starting wage increase to $13 per hour for new employees 0 Author Missing March 8, 2024March 8, 2024 < 1 min read AssociatesKroger 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
Corporate Finance Kroger’s Q4 earnings beat expectations CINCINNATI—Kroger reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel decreased 0.8% in the quarter, while underlying identical sales without fuel increased 0.1%. The […] MMR March 7, 2024March 7, 2024 3 min read Results & InvestmentKrogerAssociatesShoppersPredictions and ForecastsDept. FuelReturnsSustainabilityExecutivesConsumersCustomer ExperienceOwned Brands (Private Label)PartnershipsStrategyMarketing: TradeMarketing: Direct & PersonalizationDept. FreshOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Mass Grocers are trying to get orders to your door faster than ever — here’s why Walmart, Target and Kroger are trying to stand out on grocery convenience, not just price. CNBC March 7, 2024March 7, 2024 < 1 min read WalmartTargetKroger 0 Saving Bookmark this article Bookmarked
Channel: Grocery Federal Trade Commission files lawsuit to stop Kroger, Albertsons merger The US Federal Trade Commission is suing to block the Kroger Co.’s proposed $24.6 billion acquisition of the Albertsons Cos. Inc., alleging it is anti-competitive. Supermarket Perimeter March 7, 2024March 7, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / SafewayMergersLegal & CriminalAcquisition 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart, Kroger, Costco make top three grocery retailers list Kroger loses market share to Walmart again in Numerator’s annual review of grocery dollars spent Supermarket News March 7, 2024March 7, 2024 < 1 min read WalmartKrogerCostcoInsight Providers 0 Saving Bookmark this article Bookmarked
Data & Insights The Innovation Conversation: Data Illuminated 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 […] MorningNewsBeat March 6, 2024March 6, 2024 < 1 min read Technology & InnovationData & InsightsBig DataConsumersAmazonPredictions and ForecastsShoppersWalmartMarketing: Social MediaExecutivesMarketing: In StoreUnileverTrends: RetailKrogerResults & InvestmentRegional GroceryPodcastsPartnershipsDept. FreshAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural Can Whole Foods succeed with another scaled-down store? While grocers like Kroger have struggled to establish small-format banners, experts say there’s still an opportunity for these convenience-focused shops. Grocery Dive March 6, 2024March 6, 2024 < 1 min read Whole FoodsKroger 0 Saving Bookmark this article Bookmarked
Channel: Mass Target Primes New Paid Membership Program Following in the footsteps of Amazon Prime and Walmart+, Target announced the launching of Target Circle 360, a new paid membership program described by the company as “a new paid membership that includes unlimited free same-day delivery for orders over $35 in as little as an hour with no delivery fees or markups, free two-day […] MorningNewsBeat March 6, 2024March 6, 2024 2 min read TargetDeliveryMarketing: Loyalty & SubscriptionMarketing: Direct & PersonalizationAmazonWalmartPricing & PromotionsOperations & Supply ChainMarketing: In StoreConsumersShoppersStreamingDept. FuelKrogerPredictions and ForecastsMarketing: Digital Media 0 Saving Bookmark this article Bookmarked
Media & Marketing Target Adds Paid Option to Loyalty Program Target is adding a paid option to its loyalty program, offering free same-day delivery from the retailer’s Shipt subsidiary and its 100+ retail partners. The Target Circle 360 program’s annual $99 fee will be only $49 (for the first year) for customers who sign up from April 7, when the program kicks off, through May […] Retail TouchPoints March 5, 2024March 5, 2024 2 min read Marketing: Loyalty & SubscriptionTargetAmazonDeliveryWalmartShoppersPredictions and ForecastsReturnsMarketing: Social MediaCVSKrogerBrick and MortarDept. PharmacyExecutivesOperations & Supply ChainPartnershipsMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Channel: Grocery Gelson’s Closes (Jinxed?) Laguna Beach Store 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 […] MorningNewsBeat March 4, 2024March 4, 2024 2 min read Albertsons / SafewayMergersRegional GroceryDept. Adult BevDept. BeverageEconomyAcquisitionStore LocationExecutivesKrogerMarketing: In StorePop UpsPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers Trends & External Forces Court sets late August start date for hearing on Kroger-Albertsons merger A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction. Written by Grocery Dive March 12, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Restaurants Department & Category Department: Consumer Durables Department: Food Department: Nonfood ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Kids Like to Go Out to Eat ask Chuck E. Cheese Don’t want to cook, don’t want to do dishes, well according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® your kids don’t want you hear you complain about cooking dinner either. Chuck E. Cheese has a new program for that has a great chance to make the entire family happy according […] Written by Grocerant Guru March 11, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Corporate Finance Publix reports 49% growth in net earnings in FY23 US supermarket chain Publix has reported net earnings of $4.3bn in FY23, marking a 49% increase from FY22’s $2.9bn. The post Publix reports 49% growth in net earnings in FY23 appeared first on Retail Insight Network. Written by Retail Insights Network March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Channel: Mass Corporate Finance Media & Marketing Agencies & Vendors Data & Insights Trends & External Forces Target Q4 2023 Earnings Recap Target reported Q4 and 2023 financial results at its annual investor day on March 5, 2024. Quarterly comp performance improved sequentially from Q2 to Q4, but 2023 ended with comps down -3.7%. Profitability outperformed expectations as the company realized $2B of operating income growth in 2023 and reported notable gross margin improvements. The stock was […] Written by The Harvest Group March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces CPG: Food Channel: Ecommerce & Digital Channel: Grocery Channel: Mass Department & Category Department: Beverage Department: Food Department: HBC Acquisitions, Divestitures & Mergers Corporate Strategy Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Associates & Employees Operations & Supply Chain Owned Brands (Private Label) Stores & Formats 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. Written by Kroger March 7, 2024March 8, 2024 Saving Bookmark this article Bookmarked