Mergers

Articles on mergers in the retail industry.

  1. Channel: Grocery

In Washington State, Intensive Scrutiny Of Kroger-Albertsons Deal

The Seattle Times has a piece about the proposed $24.6 billion acquisition of Albertsons by Kroger, and the companies’ saying that they will sell 413 stores, including 104 in Washington State, to C&S Wholesale Grocers in order to get Federal Trade Commission (FTC) approvals. While Kroger has pledged that it will not close any stores […]
2 min read
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  1. Channel: Grocery

Analysis:  Kroger-Albertsons Deal Still In Regulatory Trouble

The financial analysis service Seeking Alpha is out with an assessment of the prospects that the Federal Trade Commission (FTC) will approve Kroger’s proposed $24.6 billion acquisition of Albertsons. In short, Seeking Alpha is dubious, at least in part because of ongoing comparisons of the proposed divestiture of more than 400 stores to C&S Wholesale […]
3 min read
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  1. Channel: Grocery

Kroger Pledges Post-Merger Greater Commitment To Local

Kroger this week said that once its proposed $24.6 billion acquisition of Albertsons has been approved by federal regulators and closed, it will extend its commitment to “make more local products available to its customers … Post-close, the combined company will increase the number of local products in its stores by 10%, which equates to […]
< 1 min read
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  1. Acquisitions, Divestitures & Mergers

Announcing The Forrester Wave™: Vulnerability Risk Management, Q3 2023

A lot has changed since the last Forrester Wave™ evaluation on vulnerability risk management (VRM) in 2019. Since then, the VRM market has experienced several mergers, an unprecedented increase in volume of common vulnerabilities and exposure, and vulnerabilities such as Log4j that will forever live in infamy (and responder nightmares). All these factors mean that […]
< 1 min read
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  1. Channel: Grocery

UFCW cites ‘echoes of Haggen’ in proposed C&S deal

The United Food and Commercial Workers union on Wednesday expressed deep concerns about the proposed acquisition of 413 Kroger- and Albertsons-owned stores by C&S Wholesale Grocers. “It looks like Haggen 2.0,” said Kim Cordova, president of UFCW Local 7 in Colorado and Wyoming, referring to Haggen’s 2015 implosion after acquiring 146 Safeway and Albertsons stores […]
4 min read
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  1. Channel: Convenience

Pizza, Pizza, Pizza, Drives Casey’s General Stores Success

  Success does leave clues and at Casey’s General Stores once again it was Pizza, Pizza, Pizza that drive a strong first quarter, marked by an uptick in inside sales; you guessed it driven be pizza sales.  Regular reader of this blog know that Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® was […]
4 min read
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  1. Channel: Grocery

Even with divestiture deal, Kroger-Albertsons merger faces challenging odds, analysts say

The grocers’ plan to sell hundreds of stores to C&S Wholesale Grocers increases the chance of the deal getting done, according to two Wall Street firms — though they still put the odds at only around 50%.
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  1. Channel: Grocery

Albertsons launches rapid grocery pick-up and delivery service in US

[[“value”:” Albertsons’ Flash grocery service enables pick-up and delivery orders in as little as 30 minutes. Credit: © Business Wire/Albertsons Companies. Food and drug retailer Albertsons has launched the Flash grocery service, which enables customers to receive their DriveUp & Go and delivery orders in as little as 30 minutes. Through Albertsons’ websites and mobile […]
2 min read
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  1. Channel: Grocery

Kroger, Albertsons make deal with C&amp;S Wholesale Grocers — officially selling off 413 stores

    [[“value”:” In a deal which could end up being the foundation for their $24.6 billion merger deal, Kroger and Albertsons Cos. have sold 413 stores to C&S Wholesale Grocers. The sale also includes eight distribution centers and five private label brands. Related: Will the Kroger, Albertsons merger create pharmacy deserts? The two […]
2 min read
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  1. Channel: Grocery

Grocery Outlet woos Albertsons customers

Access chart in Dash. Grocery Outlet customers are increasingly spending their grocery wallet at the discounter, turning away from brands owned by Albertsons, including Safeway and Von’s. The California-based discount grocer increased its share of supermarket wallet among customers to over 6% in the last week of August, up from around 5% a year earlier […]
< 1 min read
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  1. Channel: Grocery

SN Top 10: Kroger, Aldi, Sprouts top the week's headlines

    [[“value”:” In this week’s recap of the Top 10 most popular Supermarket News articles, Kroger, Albertsons may sell off stores to C&S Wholesale Grocers in anticipation of merger deal. Kroger and Albertsons could be close to selling an undisclosed number to C&S Wholesale Grocers, as a means towards cinching regulatory approval for the […]
2 min read
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  1. Channel: Ecommerce & Digital

The 25 Worst Stocks by Shareholder Wealth Losses (1926-2022)

The 25 Worst Stocks by Shareholder Wealth Losses (1926-2022) Among publicly-listed U.S. companies, the 25 worst stocks have lost shareholders a collective $1.2 trillion since 1926. Put another way, just 0.1% of all stocks have led to 14% of all cumulative losses in shareholder wealth. In this graphic, we use data from Henrik Bessembinder of […]
2 min read
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  1. Channel: Grocery

Kroger Reports Second Quarter 2023 Results and Reaffirms Guidance

The Kroger Co. (NYSE: KR) today reported its second quarter 2023 results, reaffirmed 2023 guidance and updated investors on how Leading with Fresh and Accelerating with Digital continues to position Kroger for long-term sustainable growth.
8 min read
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  1. Channel: Grocery

Your Views:  Pre-Existing Conditions

Yesterday we took note of a Bloomberg report that “C&S Wholesale Grocers – with backing from SoftBank Group Corp. – is in talks to buy grocery stores that Kroger Co. and Albertsons Cos. are selling to win regulatory approval for their $25 billion merger, according to people familiar with the matter.” We got several emails […]
< 1 min read
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  1. Channel: Grocery

Kroger, Albertsons may sell off stores to C&S Wholesale Grocers in anticipation of merger deal

Acquisition could happen in the coming days as part of plan to divest stores. Kroger and Albertsons could be close to selling an undisclosed number to C&S Wholesale Grocers, as a means towards cinching regulatory approval for the two companies’  $24.6 billion merger deal, according to reporting by Bloomberg.  It has been speculated that both Kroger and […]
2 min read
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  1. Channel: Drug

WSJ: Rite Aid Prepping for Bankruptcy That Could Limit Opioid Lawsuits’ Impact

Rite Aid is reportedly preparing for a Chapter 11 bankruptcy filing that could take place within weeks, according to the Wall Street Journal. Quoting people familiar with the situation, the Journal reported that the move would help address the numerous lawsuits related to the retailer’s alleged role in the sale of opioids. Rite Aid had […]
2 min read
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  1. Channel: Grocery

Seven State Treasurers Write FTC To Oppose Kroger-Albertsons Deal

It was just about a week ago that the secretaries of state from seven states – Arizona, Colorado, Maine, Minnesota, New Mexico, Rhode Island and Vermont – have written to Federal Trade Commission (FTC) Chair Lina Khan, calling for regulators to block Kroger’s proposed $24.6 billion acquisition of Albertsons. Now, seven state treasurers – from […]
2 min read
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  1. Channel: Grocery

Seven State Officials Ask FTC To Block Kroger-Albertsons Deal

Reuters reports that the secretaries of state from seven states – Arizona, Colorado, Maine, Minnesota, New Mexico, Rhode Island and Vermont – have written to Federal Trade Commission (FTC) Chair Lina Khan, calling for regulators to block Kroger’s proposed $24.6 billion acquisition of Albertsons. All the secretaries of state are elected Democrats.  (In some states, […]
2 min read
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  1. Channel: Grocery

Aldi to buy 400 stores from Southeastern Grocers

BATAVIA, Ill. — Aldi today announced it has agreed to acquire Winn-Dixie and Harveys Supermarket locations from Southeastern Grocers, as the Jacksonville, Fla.-based retailer continues to divest supermarket assets. The deal includes some 400 Winn-Dixie and Harveys Supermarket outlets across Alabama, Florida, Georgia, Louisiana and Mississippi, Aldi said in a statement announcing the definitive agreement […]
2 min read
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  1. Channel: Grocery

Aldi Adds 400 Stores with Acquisition of Harveys Supermarket, Winn-Dixie

Southeastern Grocers (SEG) has initiated a strategic divestiture of its business, with Aldi set to acquire all SEG grocery operations under the Winn-Dixie and Harveys Supermarket banners and investment group Fresco Retail Group set to take over the Fresco y Más banner. Under the proposed merger agreement, Aldi will acquire all outstanding SEG capital stock, […]
2 min read
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  1. Technology & Innovation

Including Sereact and Bureau: five retail technology funding rounds you need to know about

RTIH rounds up five retail systems ventures who have recently secured significant investments in their businesses, including Kavida.ai, Serve Robotics, and Clean Food Group. 1. Kavida.ai London-based supply chain startup, Kavida.ai, has secured a £900k investment to enhance its platform with artificial intelligence tool ChatGPT. The company, which was founded in 2020, works with manufacturers and […]
4 min read
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  1. Acquisitions, Divestitures & Mergers

NRF Hot 25 List Spotlights Fastest-Growing Retailers

Mexican grocer Chedraui, Raley’s Supermarkets and Primark Stores have topped the National Retail Federation’s 2023 Hot 25 Retailers list, which ranks the fastest-growing retail companies in the U.S. The annual ranking is compiled by global marketing consultancy Kantar and is determined by comparing year-over-year increases in domestic sales (in the case of the 2023 list, […]
4 min read
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Hy-Vee launches RedMedia omnichannel retail media network

Hy-Vee launched the full-scale version of its retail media network, called Hy-Vee RedMedia, at the Groceryshop 2023 conference this week in Las Vegas. The West Des Moines, Iowa-based retailer described the platform as a disruptor in the retail media landscape that will connect brands directly with Hy-Vee’s customer base across multiple platforms, including both online […]
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Instacart stock languishes after IPO

Instacart saw its share price erode in the two days following its initial public offering, after it rose 12.7% in its first day of trading on the NASDAQ exchange. The stock settled down to just slightly over its IPO price of $30 per share on Wednesday, its first full day on the exchange, then ranged […]
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Retail Media Metrics

#30DaysofRetailMedia | Day 21: Retail Media Metrics Metrics help brand advertisers measure retail media effectiveness. Key performance indicators (KPIs) span the full marketing funnel, as consumers can enter anywhere. Brand advertisers: 🎯 Choose KPIs according to their objectives📊 Measure baseline results for meaningful comparisons🌟 Review their metrics for data insights to optimize their processes and […]
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  1. Holiday & Events
  2. Trends & External Forces
  3. Holiday & Events

The big chill: Holiday retail sales 2023 expected to slow

Experts predict slow growth in 2023 holiday sales as consumers tighten their belts in a tough economy, but e-commerce will remain a bright spot. Stores are filling with displays of holiday decorations and holiday-themed merchandise as retailers eagerly prepare for the annual shopping surge, but consumers may not be as excited. Forecasts for 2023 holiday […]
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