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
Channel: Grocery Wednesday Eye-Opener: Questions, Questions 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 – […] MorningNewsBeat February 7, 2024February 7, 2024 3 min read KrogerExecutivesCostcoAlbertsons / SafewayRegional GroceryAcquisitionCompetitionMergersPredictions and ForecastsAmazonSustainabilityWalmart 0 Saving Bookmark this article Bookmarked
Corporate Strategy NEWS UPDATE: Costco Names Departing Kroger CFO As Its Own New CFO 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, […] MorningNewsBeat February 7, 2024February 7, 2024 < 1 min read ExecutivesKrogerCostcoAcquisitionPredictions and ForecastsRegional GroceryMergersAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Grocery Costco taps former Kroger finance chief to serve as CFO Gary Millerchip, a key architect of the grocer’s pending merger with Albertsons, is taking over from Richard Galanti, who is leaving the club retailer after nearly 40 years. Grocery Dive February 6, 2024February 6, 2024 < 1 min read Results & InvestmentKrogerExecutivesCostcoRegional GroceryMergersAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger Announces CFO Transition Todd Foley Appointed Interim CFO Kroger February 6, 2024February 6, 2024 3 min read KrogerExecutivesResults & InvestmentPredictions and ForecastsStrategyMarketing: BrandGovernmentDept. GroceryReturnsAssociatesRegional GroceryPress ReleaseConsultingMergersBrick and MortarDept. FreshSustainabilityAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Trends & External Forces Beyond FTC, Threats Remain To Kroger-Albertsons Deal 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) […] MorningNewsBeat February 6, 2024February 6, 2024 2 min read GovernmentLegal & CriminalConsumersKrogerRegional GroceryAlbertsons / SafewayAssociatesMergersCompetitionMarketing: In StoreExecutivesPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Grocery 5 things top news: Kroger, Albertsons deflect recent merger crtiticism The most impactful stories in the grocery industry for the week ending Nov. 3 0 Author Missing February 5, 2024February 5, 2024 < 1 min read Regional GroceryMergersKrogerAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Technology & Innovation Your Views: Making Up For Lost Time 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 […] MorningNewsBeat February 1, 2024February 1, 2024 16 min read Technology & InnovationAIStreamingShoppersDept. GroceryDept. NonfoodAssociatesTech: CashierlessMarketing: Digital MediaDept. Toys & GamesCostcoMarketing: BroadcastAmazonRegional GroceryDept. FreshKrogerRestaurantsAlbertsons / SafewayConsumersPredictions and ForecastsEconomyHealth & WellnessDollar GeneralPackagingExecutivesDeliveryCVSMarketing: Loyalty & SubscriptionMarketing: In StoreWalmartDept. PerimeterOperations & Supply ChainMarketing: TradeWegmansWhole FoodsWalgreensReturnsHoliday & EventsGovernmentMarketing: VoiceDept. BeverageData & InsightsInsight ProvidersOwned Brands (Private Label)MergersMarketing: Retail MediaPartnershipsAhold DelhaizePricing & PromotionsBig DataSustainabilityDept. OTCStrategyDept. HBCDept. BakeryDept. Natural / OrganicBrick and Mortar84.51 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers PGA Tour secures up to $3 billion from U.S. investors as LIV Golf merger hangs in the balance Strategic Sports Group’s investment in the PGA Tour comes as the professional golf organization’s merger with the Saudi-backed LIV Golf is up in the air. CNBC January 31, 2024January 31, 2024 < 1 min read MergersResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Grocery UFCW steps up efforts to stop Kroger-Albertsons merger In a press conference on Friday, the union pushed back on claims made by the grocers and raised concerns about C&S Wholesale Grocers taking on divested stores. Grocery Dive January 30, 2024January 30, 2024 < 1 min read Regional GroceryMergersKrogerAlbertsons / SafewayC&S Wholesale GrocersBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Amazon and iRobot’s Merger Plans Collapse Under Regulatory Pressure The much-discussed merger between Amazon and iRobot is no more. Regulatory hurdles indicate that their $1.4 billion business venture was untenable. RetailWire January 30, 2024January 30, 2024 < 1 min read MergersAmazon 0 Saving Bookmark this article Bookmarked
Channel: Grocery Unions voice support of anti-Kroger, Albertsons merger report The recent University of Utah study says pay, job quality will be negatively impacted if the merger deal goes through 0 Author Missing January 29, 2024January 29, 2024 < 1 min read MergersRegional GroceryKrogerAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Grocery 5 things top news: Lawmakers are against Kroger, Albertsons merger The most impactful news in the grocery industry for the week ending Dec. 15 0 Author Missing January 29, 2024January 29, 2024 < 1 min read Regional GroceryMergersKrogerGovernmentAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Technology & Innovation Walmart Shutters Store No. 8 Innovation Incubator 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 […] Retail TouchPoints January 23, 2024January 23, 2024 < 1 min read WalmartTechnology & InnovationAcquisitionAssociatesMarketing: Social MediaGamingMergersMetaversePredictions and ForecastsDept. NonfoodDept. Toys & GamesEconomyExecutivesTrends: RetailTrends: TechMerchandising 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger pushes back timeline on merger closure 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 […] MMR January 23, 2024January 23, 2024 2 min read KrogerMergersGovernmentLegal & CriminalConsumersRegional GroceryAlbertsons / SafewayBrick and MortarExecutivesAcquisitionAmazonC&S Wholesale GrocersDept. GroceryDivestituresWalmartPiggly Wiggly 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger, Albertsons merger is delayed Grocers say deal will not happen in early 2024; Washington State AG issues statement on lawsuit to block merger 0 Author Missing January 22, 2024January 22, 2024 < 1 min read MergersRegional GroceryKrogerAlbertsons / SafewayPredictions and ForecastsLegal & Criminal 0 Saving Bookmark this article Bookmarked
Channel: Grocery 5 things top news: Kroger, Albertsons merger suffers blow from state AG The most impactful stories in the grocery industry for the week ending Jan. 12 0 Author Missing January 21, 2024January 21, 2024 < 1 min read Regional GroceryMergersKrogerAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Department: Consumer Durables Department: Nonfood Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Merchandising Operations & Supply Chain Target’s April 2024 Circle Sale was its largest by sales lift Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […] Written by Earnest Research April 25, 2024April 25, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Stores & Formats TikTok Shop customers spend more at lower ticket apparel retailers Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […] Written by Earnest Research April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Corporate Finance Corporate Purpose ESG Media & Marketing Data & Insights Technology & Innovation Trends & External Forces Associates & Employees Where Does One U.S. Tax Dollar Go? See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […] Written by Visual Capitalist April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation AI boosts innovation in ingredient selection, formulation AI could minimize the traditional trial-and-error approach in product development. Written by Supermarket Perimeter April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Data & Insights Trends & External Forces Google Won’t Pull Cookies In 2024 Google announces it’s delaying its self-imposed deadline to deprecate third-party cookies on Chrome for the third time. The post Google Won’t Pull Cookies In 2024 appeared first on AdExchanger. Written by AdExchanger April 23, 2024April 24, 2024 Saving Bookmark this article Bookmarked