Mergers

Articles on mergers in the retail industry.

  1. Technology & Innovation

Your Views:  Seems Like Old Times

Yesterday I featured an email from an MNB reader that read: I was in the Kansas City airport, the 2nd day of the “new” airport. Down in baggage claim of all places is an Amazon Go store. Now I don’t know what title the people assisting shoppers are called (mentors, geniuses, etc.) but they had […]
9 min read
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  1. Channel: Grocery

Coalition Lines Up To Oppose Kroger-Albertsons Deal

Common Dreams reports that “a progressive coalition of more than 100 unions and consumer advocacy groups from across the United States has come together to build the ‘Stop the Merger’ campaign, a national and state-level effort to prevent Kroger from acquiring Albertsons and establishing the country’s most powerful grocery cartel. “On Tuesday, the coalition announced […]
< 1 min read
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  1. Retailer Media

Why Retail Media and CTV Are Set to Have a Very Happy 2023

For an advertiser looking for real-time conversions on its ads, retail media is nothing short of magic. Retail media ads connect impressions directly to purchases. You can see exactly how many people saw your ad and then completed a transaction. No other ad medium comes close. With retail media, brands can reach tens of millions […]
3 min read
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  1. Channel: Grocery

Massive coalition out to stop Kroger / Albertsons deal

A coalition of 100 organizations representing diverse interests from around the country have joined forces in the “Stop the Merger” campaign, a national and state-level effort to oppose the proposed $25 billion merger of grocery store chain giants Kroger and Albertsons. The announcement was made March 14. The coalition is announcing the launch of its […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

Prof G Markets: Scott’s NJOY Stake, the JetBlue/Spirit Merger, and WeightWatchers Buys Ozempic Maker

This week on Prof G Markets, Scott gives the inside scoop on his early investment in NJOY, which will reap 30x in returns after Altria’s acquisition of the vape company goes through. He also shares his thoughts on whether or not the JetBlue/Spirit Merger should be blocked, and takes a look at WeightWatchers’ move into […]
< 1 min read
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  1. Channel: Ecommerce & Digital

Focus and Flow

Bryan Wiener is one of the early digital pioneers who has created over half a billion dollars of shareholder value across the many companies he has either co-founded or helped grow and sell. He is best known for his leadership of 360i which he sold to Dentsu and his turnaround of Profitero which he sold […]
4 min read
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  1. Acquisitions, Divestitures & Mergers

Boehner To Become Speaker Of The Merger

Kroger said yesterday that it has hired John Boehner – the former Congressman from Ohio who served as Speaker of the House of Representatives from 2011 to 2015 – to help its lobbying effort aimed at federal approval of its proposed $24.6 billion acquisition of Albertsons. The Hill reports that “Boehner, who works for law […]
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  1. Trends & External Forces

Best Buy and Atrium Health Partner to Provide Enhanced At-Home Hospital Care

Best Buy Health will work with Atrium Health to develop new hospital-at-home offerings, helping enable providers to deliver high-quality care while reducing emotional and financial burdens on patients and caregivers. Atrium Health already has a strong position in telemedicine and a well-established hospital-at-home program, combined with a patient population of nearly 3 million people. Atrium […]
2 min read
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  1. Associates & Employees

Kroger To Invest $770 Million In Associates This Year

Kroger yesterday announced “a more than $770 million incremental investment in its associates during 2023. The company will use this investment to raise average hourly rates, improve healthcare options, build new training and development opportunities, and more.” The company said that this “builds on the $1.9 billion incremental investments in wages and comprehensive benefits Kroger […]
2 min read
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  1. Data & Insights

IRI and The NPD Group Rebrand as Circana

CHICAGO – Information Resources Inc. and The NPD Group merged in August 2022, and today the combined company has been rebranded under the name Circana. “We are proud to begin this new chapter together as Circana, a name that conveys our 360-degree, full-circle understanding of the consumer and market, and our unique ability to bring […]
2 min read
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  1. Channel: Grocery

Kroger posts solid 4Q, full-year 2022 results

CINCINNATI — The Kroger Co. today reported sales growth for its fourth quarter and fiscal year ended January 28. For the fourth quarter, net sales increased 5.9% to $34.82 billion. Comparable-store sales (excluding fuel) increased 6.2% from a year ago. Fourth-quarter sales of its Our Brands merchandise increased 10.1%. Kroger in the quarter celebrated the […]
2 min read
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  1. Channel: Grocery

Kroger Reports Fourth Quarter and Full-Year 2022 Results Announces Growth Expectations for 2023

Company Release – 3/2/2023 Fourth Quarter Highlights Fiscal 2022 Highlights CINCINNATI, March 2, 2023 /PRNewswire/ — The Kroger Co. (NYSE: KR) today reported its fourth quarter and fiscal year 2022 results, provided 2023 guidance and updated investors on how Leading with Fresh and Accelerating with Digital continues to position Kroger for long-term sustainable growth. Comments from Chairman and CEO Rodney […]
9 min read
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  1. Shopper & Customer

Retail Loyalty’s Moment is Now

There’s no question that rising prices have altered consumer behaviors. Whether they’re choosing lower-cost private-label items at the grocery store, cutting back on discretionary apparel purchases or spending less on electronics, persistent price increases are top-of-mind for shoppers across all retail sectors. Our recent survey of North American, UK and APAC consumers — which is […]
5 min read
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  1. Channel: Delivery

Instacart Expands Enterprise Offerings with Display Ads and Order Management for Deli and Produce Items

Instacart has expanded the offerings under its Instacart Platform umbrella, a suite of enterprise-grade technologies designed to help grocers with their digital transformations. New capabilities include online and in-store solutions to capture new ad revenue, the ability to bring more of the store online and seamless end-to-end fulfillment solutions. These new capabilities are now available […]
3 min read
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  1. Trends & External Forces

FTC Won’t Challenge Amazon’s One Medical Acquisition

The Federal Trade Commission (FTC) has decided not to challenge Amazon’s proposed $3.49 billion acquisition of 1Life Healthcare, parent company to One Medical, which provides membership-based primary healthcare services to employees for more than 8,000 companies in a dozen major US markets.  This is Amazon’s third largest acquisition, after Whole Foods ($13.7 billion in 2017) […]
2 min read
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  1. Channel: Mass

Dick’s Expands Reach into Outdoor Category with Acquisition of Moosejaw from Walmart

Dick’s Sporting Goods has agreed to acquire outdoor retailer Moosejaw from Walmart for an undisclosed amount. The deal is expected to close in March 2023. The acquisition expands Dick’s outdoor portfolio — currently led by Public Lands, which Dick’s launched in 2021 — and reaffirms the retailer’s “commitment to the long-term business opportunity in the growing multibillion-dollar […]
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  1. Channel: Grocery

Arizona AG to investigate Kroger/Albertsons merger

The Arizona Attorney General will investigate the proposed merger between Kroger and Albertsons over concerns that it could result in higher grocery prices for consumers. Kroger operates Fry’s Food & Drug Stores and Smith’s Food & Drug Stores in the state. Albertsons’ stores include its namesake chain and Safeway.
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  1. Channel: Grocery

Arizona A.G. Launches Antitrust Probe Into Kroger-Albertsons Deal

Attorney General Kris Mayes yesterday announced that her office “is launching an anti-trust investigation of the proposed merger between The Kroger Co., parent company of Smith’s and Fry’s Food & Drug Stores, and Albertsons Companies, which operates supermarkets under the Albertsons and Safeway brands in Arizona.” “Hardworking Arizonans struggle daily to put fresh, healthy food on […]
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  1. Corporate Strategy

ASOS Gets Second Interim CFO as Leadership Reorg Continues

British online fashion and beauty retailer ASOS has appointed its second interim CFO in four months as current interim CFO Katy Mecklenburgh plans to leave in May 2023 for another role. Sean Glithero has been named as the company’s new interim CFO until a permanent CFO is appointed. He will formally take over the role […]
2 min read
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  1. Technology & Innovation

Google, Accenture Deepen Relationship to Help Retailers Harness and Optimize Their Data

Google Cloud and Accenture are expanding their strategic partnership with a series of new initiatives to help retailers modernize their businesses and transform store operations.   Accenture’s AI.Retail platform — which helps retailers better utilize data and artificial intelligence to optimize common operations such as customer acquisition, pricing and promotions, assortment and supply chain — […]
3 min read
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  1. Channel: Ecommerce & Digital

FT: Amazon CEO Preparing to ‘Go Big’ on Grocery Investments

Amazon CEO Andy Jassy is reportedly planning to double down on the ecommerce giant’s physical grocery business despite recently announced plans to put growth on hold, according to the Financial Times. Jassy blamed the company’s grocery struggles on a lack of “normalcy” during the pandemic and noted that it was ready to “go big” on […]
2 min read
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  1. Channel: Grocery

Office Hours: The Kroger-Albertsons Merger, An Argument Against Seed-Stage Investing, and Taking Advantage of the “Silver Tsunami”

Scott discusses his thoughts on the Kroger-Albertsons merger and explains what needs to be done to restore dignity to work. He then advises against using a young family’s nest egg for seed-stage investing, and wraps up with his insight on the “Silver Tsunami.”  Music: https://www.davidcuttermusic.com / @dcuttermusic Learn more about your ad choices. Visit podcastchoices.com/adchoices
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  1. Channel: Grocery

Kroger, Albertsons Focus On Store Divestment

Reuters reports that Kroger and Albertsons have begun the process of determining how many stores they will have to divest in order to gain the approbation of the Federal Trade Commission (FTC) and permission to proceed with their $24.6 billion merger. The story notes that stores in all of the regions in which the two […]
2 min read
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  1. Trends & External Forces

Albertsons Launches Health and Wellness Platform Across 16 Banners

Albertsons has introduced the Sincerely Health platform, built in collaboration with healthcare providers, insurance and technology companies and using insights gathered from more than 10,000 customers and associates. The platform is accessible on the websites and apps of 16 of the supermarket giant’s banners, including Albertsons, Shaw’s, Safeway, Vons, Jewel-Osco, Acme and Tom Thumb. The […]
2 min read
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Editor’s Choice

  1. Technology & Innovation
  2. Corporate Strategy
  3. Corporate Finance
  4. Partnerships & Alt Profit
  5. Media & Marketing
  6. Agencies & Vendors
  7. Data & Insights
  8. International
  9. Shopper & Customer
  10. Technology & Innovation

aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category

AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […]
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  1. Partnerships & Alt Profit
  2. Partnerships & Alt Profit
  3. Shopper & Customer
  4. Technology & Innovation

Kroger lands deal for self-driving truck deliveries

Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […]
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  1. CPG: Food
  2. Channel: Grocery
  3. Department & Category
  4. Department: Beverage
  5. Department: Food
  6. Corporate Strategy
  7. Shopper & Customer
  8. Technology & Innovation
  9. Trends & External Forces
  10. Merchandising
  11. Owned Brands (Private Label)

Albertsons Redesigns and Expands Open Nature Own Label Line

Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […]
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  1. Stores & Formats
  2. Corporate Finance
  3. Trends & External Forces
  4. Associates & Employees
  5. Stores & Formats

Dollar General investing $100M in its stores, with a focus on boosting labor

Dive Brief: Dollar General posted net sales of $10.2 billion during the fourth quarter of 2022, a figure that was up 17.9% compared with the same period in 2021, the discount retail chain reported Thursday. Comparable-store sales rose 5.7% year-over-year in Q4, while operating profit was up 17.1%. CEO Jeff Owen said Dollar General intends to invest about […]
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