Mergers

Articles on mergers in the retail industry.

  1. Channel: Mass
In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Colorado sues to block Kroger, Albertsons merger. Colorado Attorney General Phil Weiser announced that the state is suing to block the $24.6 billion Kro  
  1. Channel: Grocery
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 […]
  1. International
The UK arm of the The Body Shop has entered administration, the British version of bankruptcy protection, according to Reuters and other media reports, but it will continue to operate online and via its 199 UK brick-and-mortar stores for the time being. Private equity firm Aurelius Group purchased the retailer from Natura &Co in November […]
  1. Channel: Grocery
Citing its actions following previous corporate mergers, Kroger said it plans to lower prices when its planned merger with Albertsons is finalized. The supermarket giant will invest $500 million to lower prices on “day one” following the transaction’s close, and also plans to invest $1.3 billion to improve Albertsons’ brick-and-mortar stores. The Kroger-Albertsons merger was […]
  1. Channel: Grocery
Kroger this morning issued a press release that continues to make the argument – the same argument that it has made since first proposing the $24.6 billion acquisition of Albertsons – that it will lower prices once the deal is complete, and that it has a 20-year track record of lowering prices after it makes […]
  1. Operations & Supply Chain
In episode 439 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Alissa Ahlman, chief merchandising officer, home segment at Franchise Group, Inc., a world-class franchising platform for a diverse collection of market-leading and emerging brands, including American Freight, a retail furniture chain. Listen in as Ahlman provides an overview of both companies (0:45), how the […]
  1. Media & Marketing
Target could soon be following in the footsteps of competitors Amazon, Walmart and Kroger by introducing a paid membership program, according to reporting by Bloomberg and other media outlets quoting people familiar with the matter. Titled “Project Trident” internally, the new program could launch as soon as this year. The retailer already offers its free […]
  1. Channel: Grocery
by Kevin Coupe Yesterday, we reported on Monday’s announcement that Gary Millerchip was stepping down as Kroger’s CFO after more than 15 years with the company, to join a then-unnamed company as its new CFO. Shortly thereafter, the name of that company was made public:  Costco. The timing, to say the least, was interesting – […]
  1. Corporate Strategy
Costco said this morning that Gary Millerchip, who yesterday said he was stepping down as Kroger’s CFO after more than 15 years with the company, as its new CFO. He succeeds Richard Galanti, who has been Costco’s CFO for more than three decades. Ron Vachris became Costco’s new CEO just last month, succeeding Craig Jelinek, […]
  1. Trends & External Forces
The Cincinnati Enquirer, Kroger’s hometown newspaper, reports that “Kroger’s plan to take over rival Albertsons faces growing legal peril from all sides after several states and consumers have sued to stop the controversial $25 billion deal.” While conventional wisdom is that potential – some would suggest, probable – opposition from the Federal Trade Commission (FTC) […]
  1. Technology & Innovation
Reacting to Amazon’s plan to create a pay tier for its Alexa smart speaker system, one MNB reader wrote: Our main household use for Alexa is to control lights, heat, and A/C.  If they start charging for it, we will stop using it.  There are many other platforms available for home control that do not […]
  1. Technology & Innovation
Walmart will reportedly shut down its Store No. 8 innovation unit, according to the Wall Street Journal and other media outlets, as the retailer seeks to cut costs and find new ways to develop and test new ideas. The division, which was formed in 2017 following Walmart’s acquisition of Jet.com, has been the incubator for […]
  1. Channel: Grocery
NEW YORK — Regulators with the Federal Trade Commission need more time to consider Kroger’s proposed acquisition of Albertsons Cos. and the related divestiture plan the retailers offered to allay antitrust concerns, according to court filings. Kroger revealed in court filings in a California lawsuit brought by consumers seeking to halt the merger that regulators […]
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  1. Department: Food
  2. Holiday & Events
  3. Operations & Supply Chain
When Valentine’s Day approaches, the world’s craving for fresh roses reaches its peak. Swissport, a leader in the global logistics arena, orchestrates the movement of over 9,000 tons of these love tokens through its acclaimed Flower Corridor, spanning from the Kenyan highlands to Europe.
  1. Channel: Mass
  2. Partnerships & Alt Profit
  3. Data & Insights
Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. The Sky Bridges Standalone walled gardens are transforming into an interconnected network of fortresses. It’s not that walled gardens are opening up, exactly, but individual platforms are now actively partnering to allow one-to-one user targeting and other use cases among themselves – but […]
  1. Channel: Grocery
  2. Channel: Ecommerce & Digital
  3. Channel: Grocery
  4. Department & Category
  5. Corporate Strategy
  6. Corporate Finance
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  8. International
  9. Shopper & Customer
  10. Trends & External Forces
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  12. Associates & Employees
  13. Operations & Supply Chain
  14. Owned Brands (Private Label)
  15. Stores & Formats
ZAANDAM, The Netherlands — Ahold Delhaize reported solid results for its fourth quarter and 2023 fiscal year, with full-year sales and earnings per share in line with expectations. Fourth quarter net sales were €23.0 billion ($24.65 billion), up 1.9% at constant exchange rates and down 1.4% at actual exchange rates. Comparable sales, excluding gas, increased […]
  1. Trends & External Forces
  2. Channel: Ecommerce & Digital
  3. Channel: Grocery
  4. Channel: Mass
  5. Channel: Specialty & Other
  6. Corporate Strategy
  7. Partnerships & Alt Profit
  8. Media & Marketing
  9. Retailer Media
  10. Data & Insights
  11. Shopper & Customer
  12. Trends & External Forces
  13. Merchandising
  14. Stores & Formats
The Wall Street Journal reports that “Walmart is shopping in the TV aisle to help grow its advertising business.  The retail giant is in talks to buy smart television-manufacturer Vizio for more than $2 billion, according to people familiar with the situation. The move would give Walmart more places where it can sell ads and pitch […]
  1. Data & Insights
  2. Department & Category
  3. Department: Consumer Durables
  4. Department: HBC
  5. Department: Nonfood
  6. Data & Insights
  7. Shopper & Customer
  8. Trends & External Forces
  9. Merchandising
We just launched the YipitData Consumer Spend Index (YCSI),  a measure of overall and category-level non-seasonally adjusted US retail sales as observed in a large transaction panel.  In January, YCSI showed consumer spending Y/Y growth (ex-gas stations) decelerated slightly from December. Y/Y growth in core retail sales was relatively stable over this period. YCSI saw […]

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