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 SN Top 10: Kroger, Albertsons, Grocery Outlet top the week’s headlines 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 Supermarket News March 4, 2024March 4, 2024 < 1 min read Regional GroceryKrogerAlbertsons / SafewayGrocery OutletGovernmentLegal & Criminal 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger workers in Houston area have new deals on the table They will have until March 12 to vote on contracts that increase wages and benefits Supermarket News March 2, 2024March 6, 2024 < 1 min read KrogerAssociates 0 Saving Bookmark this article Bookmarked
Channel: Grocery The Friday Checkout: Could the Kroger-Albertsons saga become a political football? The chains are trying to merge as politicians and consumers connect the grocery industry with high prices. Can the retailers overcome the pressure? Grocery Dive March 1, 2024March 1, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / SafewayConsumersMergers 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger lets downtown Cincinnati lease lapse Unknown number of Kroger employees move to Blue Ash Technology Center, Kroger Co. has allowed the lease to lapse on Cincinnati downtown office space used by the grocer’s digital team, a Kroger spokesperson has confirmed. The workers were relocated from Atrium Two, 221 E. Fourth St., to the company’s Blue Ash Technology Center at 11450 […] EIN Supermarket News March 1, 2024March 6, 2024 2 min read KrogerTechnology & InnovationAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees Kroger workers authorize strike in West Virginia, Kentucky, and Ohio Thousands could strike “at any moment” as union resumes contract negotiations Supermarket News March 1, 2024March 4, 2024 2 min read AssociatesKroger 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: SSNIPT Blues 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 […] MorningNewsBeat March 1, 2024March 1, 2024 2 min read MergersGovernmentRegional GroceryBrick and MortarKrogerAlbertsons / SafewayCompetitionLegal & CriminalDollar GeneralRestaurantsPredictions and ForecastsCostcoTargetDept. GroceryDeliveryAssociatesAgencies 0 Saving Bookmark this article Bookmarked
Channel: Grocery What’s next for Kroger and Albertsons as merger case moves on to court The grocers’ ability to combine could come down to how a judge rules on the FTC’s request for a preliminary injunction, antitrust experts said. Grocery Dive February 29, 2024February 29, 2024 < 1 min read Regional GroceryMergersKrogerAlbertsons / SafewayGovernmentLegal & Criminal 0 Saving Bookmark this article Bookmarked
Data & Insights Tailored to Perfection: Creating a Hyper-Local Shopping Experience with AI It’s easy to understand, emotionally, why consumers would want to shop from a store that tailors its product assortments to the neighborhood they live in. For large chain retailers, it’s a way of letting the community know that consumers are seen and that the store wants to be part of the community. Ultimately, it sounds […] Retail TouchPoints February 29, 2024February 29, 2024 3 min read AITechnology & InnovationMerchandisingData & InsightsConsumersKrogerShoppersPartnershipsBrick and MortarPredictions and ForecastsMarketing: Direct & PersonalizationStore Location84.51Insight ProvidersIndustry Conferences and EventsExecutivesMarketing: Retail MediaCompetitionStrategyWalmartMarketing: Social MediaConsultingBig DataDept. NonfoodAssociatesMarketing: Loyalty & SubscriptionOperations & Supply Chain 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 The FTC-Kroger, Albertsons fight could be long and complicated A solution may not happen until 2025, and the remedies could be vast Supermarket News February 28, 2024February 29, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / SafewayPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
CPG: Food Your Views: Minority Opinion? We’ve posted a lot of commentary and emails against the Kroger-Albertsons deal, so it is important to point out that not everybody feels that way, as one MNB reader wrote: Throughout the saga of the Kroger-Albertsons deal I’ve definitely felt I carry the minority opinion. I work for a large CPG and engage with Kroger’s […] MorningNewsBeat February 28, 2024February 28, 2024 3 min read Dept. DairyKellogg'sDept. BeverageMarketing: Social MediaEconomyKrogerESG and CSRExecutivesAlbertsons / SafewayDept. GroceryRegional GroceryConsumersCompetitionDept. NonfoodBrick and MortarPredictions and ForecastsShoppersDept. FreshSustainability 0 Saving Bookmark this article Bookmarked
Shopper & Customer Finding Food Sales Success at the intersection of Share of Stomach and Share of Wallet. Retail food sales success can be found at the intersection of growing your share of stomach and your share of wallet according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® who stated these two metrics play a crucial role in understanding consumer behavior and competitive dynamic driving success today within the […] Grocerant Guru February 28, 2024February 28, 2024 4 min read Dept. GroceryConsumersData & InsightsRestaurantsMarketing: Social MediaShoppersDept. Fresh PreparedBrick and MortarDept. DeliRegional GroceryTwitterDept. FreshMeta (Facebook)Trends: Food and BeverageStrategyKrogerPublixDeliveryAssociatesESG and CSRDept. PerimeterKraftHeinzWalmartAldi 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
Corporate Strategy Your Views: Mass Marketing Lives I got several reactions to yesterday’s breaking news about the Federal Trade Commission (FTC) filing suit to block Kroger’s proposed $24.6 billion acquisition of Albertsons. MNB fave Glen Terbeek wrote: So much mass marketing mentality. We are past the 1960’s. What about maximizing market performance of each local store and its shoppers through creating […] MorningNewsBeat February 27, 2024February 27, 2024 5 min read Technology & InnovationAIKrogerShoppersGovernmentTargetStore LocationAcquisitionDept. Natural / OrganicRegional GroceryAlbertsons / SafewayWalmartData & InsightsMeta (Facebook)Industry Conferences and EventsAssociatesPredictions and ForecastsMetaverseResults & InvestmentMarketing: Social MediaHealth & WellnessDept. Toys & GamesDept. DairyDept. NonfoodDept. BeverageStrategyConsumersBrick and MortarTech: CashierlessVendorsOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Grocery SN Top 10: Walmart, Kroger, Wegmans top the week’s headlines In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Walmart agreeing to acquire Vizio for $2.3 million, which the Bentonville, Ark.-based retailer announced last Tuesday. The deal will send shockwaves through 0 Author Missing February 27, 2024February 27, 2024 < 1 min read WegmansWalmartRegional GroceryKrogerAcquisition 0 Saving Bookmark this article Bookmarked
Channel: Grocery FTC files lawsuit to stop Kroger, Albertsons merger Nine attorneys general join the effort to block the merger Supermarket News February 27, 2024February 27, 2024 < 1 min read MergersRegional GroceryLegal & CriminalKrogerGovernmentAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Grocery FTC sues to block Kroger, Albertsons merger, arguing deal would raise grocery prices and hurt workers The FTC, which was joined by a group of attorneys general, argued the $24.6 billion Kroger-Albertsons deal would hurt competition in the grocery industry. CNBC February 26, 2024March 4, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / SafewayMergersAssociatesCompetition 0 Saving Bookmark this article Bookmarked
Channel: Grocery FTC Sues To Block Kroger-Albertsons $25B Merger The Federal Trade Commission (FTC) has taken legal action to halt the proposed $25 billion merger between Kroger and Albertsons, labeling it as potentially harmful to consumers. This merger, slated to be the largest in US supermarket history, aims to combine two of the nation’s top retailers, with brands like Safeway, Vons, Harris Teeter, and […] RetailWire February 26, 2024February 26, 2024 < 1 min read KrogerAlbertsons / SafewayMergersRegional GroceryGovernmentLegal & CriminalConsumers 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
Trends & External Forces NGA ‘appreciates FTC’s commitment to preserving competition’ WASHINGTON — The National Grocers Association (NGA), which represents independent food retailers and wholesales, issued a statement supporting the Federal Trade Commission’s decision to challenge the merger of Kroger Co. and Albertsons’ Cos. “Every day, America’s local independent supermarkets face economic challenges due to the influence of massive power buyer chains who use their leverage […] MMR February 26, 2024February 26, 2024 2 min read GovernmentIndustry Conferences and EventsCompetitionEconomyDept. GroceryBrick and MortarCOVID19ConsumersShoppersDept. NonfoodKrogerLegal & CriminalMergersOperations & Supply ChainRegional GroceryExecutivesAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Channel: Home Improvement Acquisitions, Divestitures & Mergers Corporate Finance Operations & Supply Chain Home Depot Acquires SRS for $18.25B, Boosting Pro Sales 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. Written by RetailWire March 28, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Channel: Grocery Kroger to close 3 e-commerce fulfillment facilities The grocer said it will shutter one Ocado-powered spoke in South Florida and two others in Texas in late May. Written by Grocery Dive March 27, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Corporate Strategy Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Charted: Car Brand Loyalty in 2024 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. […] Written by Visual Capitalist March 26, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Retail Ecosystem ESG Media & Marketing Agencies & Vendors Retail Ecosystem Data & Insights International Shopper & Customer Technology & Innovation Trends & External Forces Operations & Supply Chain Key Takeaways From Shoptalk Spring 2024 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 […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Department: Consumer Durables Corporate Strategy Corporate Finance Partnerships & Alt Profit Shopper & Customer Trends & External Forces Stores & Formats Nike Pivots, Embraces Wholesale Once Again 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 […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked