Mergers

Articles on mergers in the retail industry.

  1. Channel: Grocery

Guest Column:  Why C&S Wholesale Grocers Is Nothing Like Haggen

by Scott Moses Content Guy’s Note: Scott Moses, Managing Director and Head of Grocery, Pharmacy & Restaurants at Solomon Partners, yesterday posted a column on his website addressing the concerns that allowing the Kroger acquisition of Albertsons would repeat the mistake made by the FTC when it allowed Albertsons to acquire Safeway in 2015, divesting stores to […]
3 min read
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  1. Technology & Innovation

The Innovation Conversation:  2024 Predictions

The continuing goal of “The Innovation Conversation” is to explore some facet of the fast-changing, technology-driven retail landscape and how it affects businesses and consumers. It is, we think, fertile territory … and one that Tom Furphy – a former Amazon executive who led the team that developed Amazon Fresh, and currently CEO and Managing […]
< 1 min read
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  1. Channel: Grocery

Lawmakers Ask FTC To Block Kroger-Albertsons Deal

A group of Democratic Senators and Representatives has called on the Federal Trade Commission (FTC) to block the proposed $24.6 billion acquisition of Albertsons by Kroger, saying in a letter that the “merger will harm consumers, workers, farmers, and other food suppliers across the country.” The letter to FTC Chair Lina Khan says that the […]
2 min read
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  1. Technology & Innovation

Prof G Markets: Bitcoin’s Rally, Elon’s xAI Fundraising, and Alaska Airlines Acquires Hawaiian

Scott breaks down his wins and loses amid crypto’s bull market this year. He also shares his thoughts on the state of the airline industry and whether or not Hawaiian Airlines could make a good merger arbitrage trade. Finally, he and Ed discuss why Elon Musk needs to raise $1 billion for his AI company. […]
< 1 min read
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  1. Channel: Ecommerce & Digital

McMillon & Jassy:  Not Quite Together Again For The First Time

Both Walmart CEO Doug McMillon and Amazon CEO Andy Jassy appeared on CNBC yesterday, making observations about their businesses and the current consumer environment. McMillon’s comments included: •  “We’re continuing to see traffic growth in store, plus even more transaction growth for pickup, curbside and delivery. As a company our in store business is continuing […]
4 min read
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  1. Technology & Innovation

Your Views:  Even A Blind Man Knows

Got the following email regarding my conversation with ReposiTrak’s Randy Fields and Dr. Benjamin Miller, executive vice president of regulatory and scientific affairs of The Acheson Group (TAG): Thank you for presenting the discussion about the FDA’s new traceability requirements.  People in our industry are simply not aware of the impending, major disruption in logistics […]
8 min read
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  1. Data & Insights

Kroger Blueprint 2023 Event Recap

Last month our Harvest Group Kroger team hosted our annual Kroger Blueprint event in Cincinnati. We created our series of Blueprint events to remove the barrier between retailer strategy and our clients by hearing directly from retailer executives about the strategies for growth in the coming year and how they apply specifically to your business. […]
3 min read
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  1. Channel: Grocery

Kroger Says Q3 Sales Down Slightly

Kroger yesterday said that its Q3 total sales were down slightly, to $34 billion from $34.2 billion during the same period a year ago.  Same store sales were down .6 percent, while digital sales were up 11 percent in the third quarter. The retailer’s operating profit was $912 million for the quarter, up from $841 […]
< 1 min read
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  1. Channel: Delivery

Dom’s, Foxtrot Aim To Outfox Competition With Merger

Two Chicago startup food retailers – Dom’s Kitchen & Market and Foxtrot – announced  their merger plans yesterday. From the Chicago Tribune coverage: “The merged companies will be helmed by Foxtrot CEO Liz Williams under a new entity, Outfox Hospitality. The deal is expected to close in the fourth quarter, the companies said in a […]
2 min read
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  1. Technology & Innovation

Featuring Metacask, Evri, and Confer With: RTIH’s biggest retail technology articles on LinkedIn right now

We’re big fans of LinkedIn and are busy building an amazing community of retail tech enthusiasts on the social media platform. These are the articles that are currently on their radars, including Tesco, B&M, TPP Retail, SeeChange Technologies, Coalescent Mobile Robotics, German Doner Kebab, and the 2023 RTIH Innovation Awards. B&M rolls out TPP Retail […]
5 min read
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  1. Shopper & Customer

Fast Friendly Service Counts at Convenience Stores

  The fast-food sector drive-thru has set a standard for service or perceive fast, friendly, convenient service that consumers like. According to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® “elevating customer service in the minds-eye of the consumer that is equal too or better than the ‘drive-thru’ should be the goal of […]
4 min read
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  1. Channel: Drug

Walgreens Cuts 5% of Corporate Workforce in Streamlining Bid

Walgreens Boots Alliance (WBA) will cut 267 jobs — 5% of its corporate workforce — in a move to “streamline our operations and focus on our critical priorities,” according to a Walgreens spokesperson, who noted that “none of these roles are based at our stores.” These latest cuts follow a 10% reduction in Walgreens’ corporate […]
< 1 min read
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  1. Channel: Drug

SN Top 10: Kroger, CVS, Walgreens top the week's headlines

 ​[[“value”:”In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Kroger, Albertsons sound off on negative comments over pending merger. A recent listening session about the pending Kroger, Albertsons merger was f”]] 
< 1 min read
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  1. Trends & External Forces

Best Buy Health Partners with Leading Hospital to Support In-Home Care

In collaboration with Boston’s Mass General Brigham hospital, Best Buy Health will support an expanded home-based health care delivery model designed to improve how safe, quality care can be provided with technology and clinical expertise. The partners’ first priority is to scale and support Mass General Brigham’s Home Hospital, which will expand access to Massachusetts […]
2 min read
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  1. Channel: Grocery

Ahold Delhaize’s chief sustainability officer to retire

ZAANDAM, the Netherlands — Ahold Delhaize chief legal officer and chief sustainability officer Jan Ernst de Groot plans to retire from those posts effective May 31, the company said. Following Ernst’s decision, the company has decided to create a dedicated role for Sustainability in the Executive Committee. Linn Evans, currently Chief Legal Officer and General […]
2 min read
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  1. Channel: Grocery

Kroger, Albertsons sound off on negative comments over pending merger

    [[“value”:” A recent listening session about the pending Kroger, Albertsons merger was filled with misleading information, according to an Albertsons spokesperson. Federal Trade Commission Chair Lina Khan and Colorado Attorney General Phil Weiser hosted the hour-long meeting in Denver, where several store workers and community members spoke out against the merger, but no […]
2 min read
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  1. Channel: Mass

SN Top: Sobeys, Walmart, Walgreens top the week's headlines

    [[“value”:” In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Sobeys vegetable supplier calls it quits. A supplier of some vegetables to Sobeys stores has sold its operations, reports Canada news outlet Saltwire. Sawler Gardens’ sale with a local farmer located about a mile from its land located on […]
< 1 min read
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  1. Channel: Drug

Walgreens Agrees to $192.5 Million Settlement with Shareholders over Failed Rite Aid Merger

Just three weeks before it was set to go to trial, Walgreens Boots Alliance (WBA) has agreed to pay $192.5 million to settle a class-action lawsuit brought by investors who claim they were misled by the company about the likelihood of a successful 2015 merger with Rite Aid, multiple sources report.   In late 2015, […]
2 min read
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  1. Channel: Drug

Walgreens agrees to pay $192.5m to settle Rite Aid investors’ lawsuit

Walgreens is one of the leading pharmacy chains in the US. Credit: Kevin Zolkiewicz/ Flickr (Creative Commons). US-based retail pharmacy chain Walgreens Boots Alliance (WBA) has agreed to pay $192.5m to settle a class action lawsuit filed by investors of drugstore chain Rite Aid, Reuters reported. On 27 October 2015, Rite Aid and Walgreens announced […]
2 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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