Corporate Operations: Page 2
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5 lessons for grocers from the Kroger-Albertsons saga
The companies’ failed merger is a stark reminder of the risks food retailers face as they position themselves in a rapidly changing market, analysts said.
By Catherine Douglas Moran , Sam Silverstein • Dec. 18, 2024 -
Top grocery M&A deals of 2024
Despite Kroger and Albertsons hogging headlines with their mega-merger, a number of regional players also combined.
By Peyton Bigora • Dec. 18, 2024 -
Trendline
Retail media
Grocers of all sizes are continuing to test the bounds of digital retail media capabilities through the launch of new capabilities and third-party partnerships.
By Grocery Dive staff -
Albertsons says Kroger had ‘buyer’s remorse’
“Kroger’s conduct created frustration and distrust among regulators … and ultimately caused an unprecedented litigation onslaught,” Albertsons claims in a newly unsealed lawsuit.
By Sam Silverstein , Catherine Douglas Moran • Dec. 17, 2024 -
Top grocery CEO moves of 2024
Executive shuffling this past year largely impacted regional and specialty supermarkets.
By Peyton Bigora • Dec. 17, 2024 -
Column
Number Sense: Amazon Fresh’s pricing strategy doesn’t compute
The chain’s new store in Gaithersburg, Maryland, beckons customers with a modern atmosphere and plenty of value-focused messaging, but how it decides what to charge is something of a mystery.
By Sam Silverstein • Dec. 16, 2024 -
Costco records a brisk Q1 as it sees strong interest in groceries
The club retailer’s U.S. same-store sales excluding fuel were up 7.2% in its latest quarter — the highest level for that figure in two years.
By Sam Silverstein • Dec. 16, 2024 -
Instacart says restaurant delivery is good for its grocery business
The Uber Eats partnership aims to fuel engagement with its app and boost online grocery spending, Instacart CFO Emily Reuter said at a Nasdaq event.
By Catherine Douglas Moran • Dec. 16, 2024 -
Sponsored by Healthy Family Project
Healthy Family Project’s Carry the Cause: Inspiring the grocery and produce industries to give back
Discover how Healthy Family Project's Carry the Cause empowers grocery leaders to fight hunger this winter.
Dec. 16, 2024 -
Ahold Delhaize names new Food Lion president
Greg Finchum, the banner’s executive vice president of retail operations, will assume the top role in May 2025.
By Catherine Douglas Moran , Sam Silverstein • Updated Dec. 13, 2024 -
Amazon’s top grocery moves in 2024
From digital updates to reigniting Amazon Fresh store openings, the e-tailer giant continued to push ahead with its grocery strategy.
By Catherine Douglas Moran • Dec. 13, 2024 -
Column
The Friday Checkout: What will rise from the ashes of the Kroger-Albertsons tie-up?
The spectacular flameout of the grocers’ merger plan has created the conditions for a tantalizing round of M&A activity in the months to come.
By Grocery Dive Staff • Dec. 13, 2024 -
Kroger and Albertsons look ahead after merger deal collapses
The grocers both signaled that they are in strong financial shape and said they would devote billions of dollars to repurchase shares from investors.
By Sam Silverstein • Dec. 12, 2024 -
Kroger and Albertsons’ alleged collusion in Colorado remains a focus for state’s AG
The state’s top law enforcement officer is awaiting a ruling over his suit claiming the grocers illegally cooperated during a 2022 King Soopers strike.
By Sam Silverstein • Dec. 12, 2024 -
Column
Pardon the Disruption: 5 takeaways from the latest twists in the Kroger-Albertsons saga
After two courts struck down the merger, the grocers turned against each other, opening a stunning new chapter.
By Jeff Wells • Dec. 12, 2024 -
Albertsons sues Kroger over failed merger
Albertsons has terminated the companies’ merger agreement, alleging Kroger did not offer an adequate divestiture package and repeatedly ignored regulators’ concerns.
By Catherine Douglas Moran , Jeff Wells • Dec. 11, 2024 -
Kroger-Albertsons merger dealt another blow in Washington state
A state judge on Tuesday granted an injunction blocking the grocers’ combination.
By Catherine Douglas Moran , Jeff Wells , Sam Silverstein • Updated Dec. 10, 2024 -
Outfox Hospitality faces $3.8M in labor penalties
The Illinois Department of Labor seeks back wages from the bankrupt retailer and its subsidiaries for failing to give workers 60 days’ notice before they were laid off.
By Jessica Loder • Dec. 10, 2024 -
UNFI reports improved results as turnaround effort gains steam
The grocery retailer and wholesaler said Tuesday that its Q1 sales rose more than 4% year-over-year and adjusted EBITDA earnings increased nearly 15%.
By Sam Silverstein • Dec. 10, 2024 -
Schnuck Markets names new chief data and information officer
The grocery chain promoted Tom Henry to succeed Bob Hardester, who is retiring later this month.
By Catherine Douglas Moran • Dec. 10, 2024 -
IGA buys media company to streamline in-store promotions
The acquisition of Inmar’s Scanner Applications aims to help independents offer on-shelf deals.
By Catherine Douglas Moran • Dec. 10, 2024 -
Sam’s Club says customer input on private label is key
The Walmart-owned club retailer is deepening its shopper feedback channel as it evolves its merchandising strategy, its chief merchant said.
By Catherine Douglas Moran • Dec. 9, 2024 -
Inside the store: T&T Supermarket serves up a supersized Asian culinary experience
Shoppers braved long wait times to see the Loblaw-owned chain’s U.S. debut. Inside they found the huge store brimming with unique items and fresh foods.
By Jeff Wells • Dec. 9, 2024 -
Column
The Friday Checkout: Is Kroger looking past its deal with Albertsons?
Kroger’s CEO told investors this week that it doesn’t need to merge with its rival to grow. Could that mean the company thinks the deal won’t go through?
By Grocery Dive Staff • Dec. 6, 2024 -
Food Lion’s president retiring in 2025
Meg Ham plans to leave the Ahold Delhaize banner on May 2, 2025, after more than 35 years with the company.
By Catherine Douglas Moran , Sam Silverstein • Dec. 5, 2024 -
Kroger is prepared to go it alone if Albertsons deal falls through, chief executive says
“We’ve always made sure that we don’t need to do mergers to make our business successful,” President and CEO Rodney McMullen told investors Thursday.
By Sam Silverstein , Catherine Douglas Moran • Dec. 5, 2024