Corporate Strategy Macy’s to Close 150 Nameplate Stores, Focus on Luxury and Small-Format Locations Macy’s, Inc. has unveiled its Bold New Chapter strategy, signaling a major shift for the iconic department store retailer. Macy’s plans to close 150 underproductive nameplate stores — approximately 50 this year alone — and continue its expansion of smaller-format stores as it prioritizes investment in about 350 go-forward locations. Additionally, noting that its luxury […] Retail TouchPoints February 27, 2024February 27, 2024 2 min read Brick and MortarExecutivesStrategyOperations & Supply ChainMarketing: Social MediaMergersResults & InvestmentPredictions and ForecastsTargetTechnology & Innovation 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
Channel: Grocery FTC files suit to stop Kroger-Albertsons merger Nine attorneys general have joined the federal court complaint, which claims that the deal would boost grocery prices and hurt workers. Grocery Dive February 26, 2024February 26, 2024 < 1 min read Regional GroceryMergersKrogerGovernmentAlbertsons / SafewayAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees Washington State measure protects grocery workers if merger approved Workers must be retained for six months and would receive compensation if terminated 0 Author Missing February 26, 2024February 26, 2024 < 1 min read AssociatesMergers 0 Saving Bookmark this article Bookmarked
Channel: Grocery 5 things top news: FTC files lawsuit against Kroger, Albertsons merger The most impactful stories in the grocery industry 0 Author Missing February 26, 2024February 26, 2024 < 1 min read Regional GroceryMergersLegal & CriminalKrogerGovernmentAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: No Real Future MNB reader Rich Heiland had a thought about out continuing conversation about CVS’s shortcomings: I consider drug stores a commodity. None of them do anything to distinguish themselves from one another in any significant way. I live in a downtown area. There is a Rite-Aid a block or so away. I go there. If there […] MorningNewsBeat February 26, 2024February 26, 2024 5 min read Brick and MortarWalmartPredictions and ForecastsConsumersAssociatesMergersAlbertsons / SafewayShoppersDept. PerimeterDept. FreshKrogerGovernmentCompetitionRegional GroceryGhost KitchenEconomyAmazonCVSSoutheastern GrocersAcquisitionWhole FoodsExecutivesPackagingDept. GroceryHealth & WellnessMarketing: Loyalty & SubscriptionMerchandisingStreamingRite AidTargetWakefernAgenciesAhold DelhaizeDept. Natural / OrganicOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger, Albertsons merger could face FTC, multi-state lawsuit Colorado and Washington state are already suing to stop the acquisition Supermarket News February 22, 2024February 22, 2024 < 1 min read Regional GroceryMergersLegal & CriminalKrogerGovernmentAlbertsons / SafewayAcquisition 0 Saving Bookmark this article Bookmarked
Channel: Grocery Report: FTC Ready To Block Kroger-Albertsons Deal Bloomberg reports that “the US Federal Trade Commission and a group of states are poised to sue as soon as next week to block the tie-up between supermarket giants Kroger Co. and Albertsons Cos., according to people familiar with the plans. “The suit is expected before Feb. 28, when an agreement not to close the […] MorningNewsBeat February 22, 2024February 22, 2024 2 min read GovernmentKrogerRegional GroceryAlbertsons / SafewayDivestituresLegal & CriminalBrick and MortarMergersAssociatesPredictions and ForecastsAcquisitionUnileverC&S Wholesale GrocersPiggly Wiggly 0 Saving Bookmark this article Bookmarked
Trends & External Forces How Hydra Health is Transforming the Hospital Gift Shop Hospitals and medical campuses typically look at retail as an essentially insignificant element in their patient, visitor and employee experiences. That translates into gift shops and cafeteria spaces that are often sterile environments featuring the same mediocre-quality products and pre-packaged foods. Marie Kloor and her firm, Hydra Health, are focused on changing that. “Our mission […] Retail TouchPoints February 22, 2024February 22, 2024 6 min read Health & WellnessAssociatesBrick and MortarPredictions and ForecastsTechnology & InnovationData & InsightsShoppersDept. ApparelOperations & Supply ChainKraftHeinzDept. HBCMarketing: Social MediaStore FormatPartnershipsMergersMarketing: Loyalty & SubscriptionResults & InvestmentLegal & CriminalDept. Natural / OrganicStore LocationDept. NonfoodTech: CashierlessDept. FreshDept. BeverageConsumersPop UpsMarketing: In Store 0 Saving Bookmark this article Bookmarked
Channel: Grocery UFCW local throws support behind Kroger-Albertsons merger UFCW Local 555 said Monday that it endorses the grocers’ proposed divestiture plan with C&S Wholesale Grocers. Grocery Dive February 21, 2024February 21, 2024 < 1 min read Regional GroceryMergersKrogerAlbertsons / SafewayDivestituresC&S Wholesale Grocers 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger, Albertsons Hit With Unfair Labor Practices Charge Colorado Public Radio reports that “a union representing workers at local grocery stores filed unfair labor practice charges against grocery store chains Kroger and Albertsons on Thursday because of an alleged illegal ‘no poaching’ agreement between the two chains. “The complaint was filed by UFCW Local 7 with the National Labor Relations Board. It came […] MorningNewsBeat February 21, 2024February 21, 2024 < 1 min read AssociatesRegional GroceryKrogerAlbertsons / SafewayMergersLegal & CriminalBrick and MortarDept. NonfoodMarketing: BroadcastPredictions and ForecastsDept. Grocery 0 Saving Bookmark this article Bookmarked
Channel: Grocery Oregon grocery union endorses Kroger, Albertsons merger It’s the first known support from a union representing grocery workers and contradicts the national UFCW’s opposition 0 Author Missing February 20, 2024February 20, 2024 < 1 min read AssociatesRegional GroceryMergersKrogerAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Mass SN Top 10: Kroger, Walmart, Instacart top the Week’s headlines 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 Supermarket News February 20, 2024February 20, 2024 < 1 min read InstacartKrogerWalmartDeliveryRegional GroceryMergersAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Corporate Finance Capital One Eyes Discover Financial Merger In a potentially massive move for the credit card industry, reports suggest that Capital One is contemplating acquiring Discover Financial. If this deal goes through, it would merge two of the country’s biggest credit card giants, creating a behemoth in the sector. RetailWire February 20, 2024February 20, 2024 < 1 min read Results & InvestmentMergers 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Kroger says previous mergers have lowered prices The grocer noted that it has invested in lowering prices since 2003 and saved consumers $5 billion in the process 0 Author Missing February 16, 2024February 16, 2024 < 1 min read MergersKrogerConsumers 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger-Albertsons merger faces lawsuit by Colorado attorney general The suit claims the deal violates the state’s antitrust act and alleges the grocers have a “history of collusion” with unlawful no-poach and non-solicitation agreements. Grocery Dive February 15, 2024February 15, 2024 < 1 min read Legal & CriminalRegional GroceryMergersKrogerAlbertsons / SafewayGovernment 0 Saving Bookmark this article Bookmarked
Channel: Grocery Colorado sues to block Kroger, Albertsons merger State also seeks $1 million in civil penalties from the two grocers over the no-poach and non-solicitation agreement 0 Author Missing February 15, 2024February 15, 2024 < 1 min read Regional GroceryMergersKrogerAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Grocery Colorado Sues To Block Kroger-Albertsons Deal 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 […] MorningNewsBeat February 15, 2024February 15, 2024 2 min read KrogerGovernmentAlbertsons / SafewayRegional GroceryLegal & CriminalMergersAcquisitionBrick and MortarCompetitionAssociatesOperations & Supply ChainDept. PharmacyPress ReleasePredictions and ForecastsDivestitures 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger promises to lower prices following merger with Albertsons This is the grocer’s latest pledge as it looks to ease public concerns regarding the pending deal. Grocery Dive February 14, 2024February 14, 2024 < 1 min read Regional GroceryMergersKrogerAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
International The Body Shop UK Enters Administration 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 […] Retail TouchPoints February 14, 2024February 14, 2024 < 1 min read International - UKSustainabilityBrick and MortarPredictions and ForecastsMarketing: Social MediaMerchandisingMergersPackagingDept. Natural / OrganicESG and CSRHealth & WellnessBankruptcyOperations & Supply ChainResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Carl Icahn Reveals Stake in JetBlue Amidst Merger Fallout Billionaire investor Carl Icahn’s firm, Icahn Enterprises, has disclosed ownership of 33.62 million shares of JetBlue Airways, amounting to a significant 9.91% stake. RetailWire February 13, 2024February 13, 2024 < 1 min read Mergers 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger Plans to Cut Prices Following Completion of Albertsons Merger 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 […] Retail TouchPoints February 13, 2024February 13, 2024 < 1 min read MergersKrogerRegional GroceryAlbertsons / SafewayPredictions and ForecastsMarketing: Social MediaBrick and MortarGovernmentExecutivesOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger Presses Post-Merger-We’ll-Lower-Prices Argument 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 […] MorningNewsBeat February 13, 2024February 13, 2024 4 min read KrogerMergersTechnology & InnovationAIAlbertsons / SafewayRegional GroceryShoppersGovernmentAcquisitionCustomer ExperienceAssociatesPress ReleaseConsumersResults & InvestmentExecutivesPredictions and ForecastsCompetitionWalmartAhold DelhaizeAmazonDept. FreshTargetStrategyBrick and MortarHoliday & EventsCostcoData & InsightsDept. GroceryDollar GeneralMarketing: Direct & PersonalizationLegal & Criminal 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain American Freight Introduces New Store Concept Focused on Value 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 […] Joe Keenan February 12, 2024February 12, 2024 < 1 min read Operations & Supply ChainMerchandisingShoppersPredictions and ForecastsPodcastsMergersMarketing: Social MediaMarketing: In StoreHoliday & EventsData & Insights 0 Saving Bookmark this article Bookmarked
Channel: Grocery The Friday Checkout: Kroger’s CFO left for a rival. What does that say about its merger with Albertsons? Gary Millerchip jumped suddenly to Costco even as the blockbuster deal he helped engineer remains up in the air. Grocery Dive February 9, 2024February 9, 2024 < 1 min read Regional GroceryMergersKrogerExecutivesAlbertsons / SafewayCostco 0 Saving Bookmark this article Bookmarked
Media & Marketing Target Mulls Paid Loyalty Program 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 […] Retail TouchPoints February 8, 2024February 8, 2024 < 1 min read Marketing: Loyalty & SubscriptionTargetAmazonDeliveryWalmartKrogerPredictions and ForecastsCVSMarketing: Social MediaMergersDept. PharmacyMondelezPricing & PromotionsAcquisition 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