The top news and stories in retail:
- Kroger-Albertsons merger facing hurdles
- Food sales worst hit as retail slumps in September
- Gopuff lays off hundreds of employees
- Amazon faces $1B lawsuit in UK
- And much more!
Food sales worst hit as retail slumps in September
In figures released today, the ONS said overall retail sales fell 1.4% in September, following a 1.7% decline in August.
Senators Call for Antitrust Panel to Evaluate Kroger-Albertsons Merger
The proposed $25 billion Kroger-Albertsons merger is already running into significant opposition from progressive lawmakers and others, according to CNN.
Delivery Startup Gopuff Lays Off Hundreds of Employees
Bloomberg reports that “Gopuff has fired hundreds of staff members, coming after earlier rounds of job cuts this year, as
Amazon faces $1 billion class action lawsuit in the UK over alleged antitrust breach
KEY POINTS Amazon harms its customers by directing them to its “featured offer,” resulting in better-value deals being hidden and
Kroger, Albertsons tie-up faces hurdles in Texas and Illinois
Data powered by Earnest’s Orion spend dataset. Supermarket sales excludes food sales at big box and warehouse club retailers like
Sam’s Club Completes Chainwide Rollout of Inventory-Scanning Robots
Sam’s Club has completed the addition of inventory scanning capabilities to the fleet of robotic scrubbers in its nearly 600
Walmart announces early Black Friday deals online, in store
Dive Brief: Alongside the retailers offering early markdowns, Walmart announced Wednesday its three-week long “Black Friday Deals for Days” event
