Mergers

Articles on mergers in the retail industry.

  1. 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 […]
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  1. 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 […]
6 min read
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  1. 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 […]
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  1. 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  
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  1. 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 […]
2 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
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  1. 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 […]
4 min read
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  1. 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 […]
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  1. 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 […]
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  1. 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 – […]
3 min read
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  1. 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, […]
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  1. 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) […]
2 min read
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  1. 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 […]
16 min read
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  2. Channel: Grocery
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Kroger considers Disney+ perk for grocery delivery members

​US retail giant Kroger is reportedly in talks with the Walt Disney Company to offer the Disney+ streaming service as a benefit to paying members of its Kroger Boost grocery delivery programme. The post Kroger considers Disney+ perk for grocery delivery members appeared first on Retail Insight Network.
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Sam’s Club Expands Store Rollout of AI-Powered Exit Tech

Walmart-owned Sam’s Club says it’s turning to artificial intelligence to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club customers who pay either at a register or through the Scan & Go mobile app can now walk out of the […]
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