Finances & Deals
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Courtesy of Kroger
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 20 hours ago -
Scott Olson via Getty Images
Federal court blocks Kroger’s bid to merge with Albertsons
The judge’s decision to grant the FTC’s request for a preliminary injunction is a major blow to the grocers and likely marks the end of their effort to combine.
By Catherine Douglas Moran , Sam Silverstein • Updated 20 hours ago -
SDI Productions via Getty Images
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 -
Catherine Douglas Moran/Grocery Dive
SNAP to drive growth in consumables throughout 2025: report
Households participating in the food assistance program spend 32% more per person compared to non-SNAP consumers, Circana data shows.
By Peyton Bigora • Dec. 9, 2024 -
Courtesy of Kroger
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 -
Sam Silverstein/Grocery Dive
ColumnThe Friday Checkout: Walmart and Target earnings point to shopper demands
While both retailers have grown their grocery offerings recently, Walmart fared much better in the third quarter — highlighting a key strategic difference between the retailers in the core department.
By Grocery Dive Staff • Nov. 22, 2024 -
Nate Delesline III/Grocery Dive
Target misses Q3 earnings expectations, lowers guidance
While the retailer’s food and beverage category grew in the low single digits in Q3, a deceleration in discretionary demand and multiple cost pressures caused headwinds.
By Nate Delesline III • Nov. 20, 2024 -
Scott Olson via Getty Images
Walmart exceeds Wall Street expectations in Q3
The retailer’s food units reached their highest level in four years while e-commerce saw a significant bump.
By Peyton Bigora , Catherine Douglas Moran • Nov. 19, 2024 -
Jeff Wells/Grocery Dive
What the stock market is saying about Albertsons and Kroger
The companies’ diverging performances this year say a lot about their respective outlooks and the likelihood of their merger going through, according to Wall Street analysts.
By Sam Silverstein • Nov. 13, 2024 -
Courtesy of Instacart
Instacart records vigorous Q3
Rising volumes and a growing advertising business helped drive the technology company’s results, though investors appear dissatisfied with its outlook.
By Catherine Douglas Moran • Nov. 13, 2024 -
Courtesy of Grubhub
Wonder to acquire Grubhub for $650M
Just Eat Takeaway originally purchased Grubhub for $7 billion in 2020 and has been trying to sell the company since 2022.
By Julie Littman • Nov. 13, 2024 -
ArLawKa AungTun via Getty Images
ColumnThe Friday Checkout: Will grocery M&A heat up under Trump?
Corporate leaders anticipate a flurry of deals once Donald Trump returns to the White House. The grocery industry seems primed for more combinations.
By Grocery Dive Staff • Nov. 8, 2024 -
Courtesy of Kroger
Kroger finalizes $1.4B opioid settlement with 30 states
The settlement includes attorney fees of up to $149 million as part of the arrangement — nearly 11% of the total amount.
By Catherine Douglas Moran • Nov. 6, 2024 -
Catherine Douglas Moran/Grocery Dive
Kroger-Albertsons merger in court: 6 key takeaways
Competition, pricing and the fate of Albertsons were key points of contention in the three court battles that unfolded over a nearly two-month period.
By Jeff Wells , Sam Silverstein • Nov. 4, 2024 -
Kaarin Vembar/Grocery Dive
Publix reports Q3 sales uptick
Heightened shopping demand during Hurricane Helene boosted sales for the Florida-based grocer during the three-month period that ended Sept. 28.
By Catherine Douglas Moran • Updated Nov. 4, 2024 -
Peyton Bigora/Grocery Dive
Sprouts’ strong momentum continues in Q3
The grocer’s net sales hit $1.9 billion, fueled by solid comparable-store sales and ongoing brick-and-mortar expansion.
By Peyton Bigora • Oct. 31, 2024 -
Catalin205 via Getty Images
In Remembrance: 5 grocery concepts and companies that got buried in 2024
From the demise of Dom’s Kitchen & Market to the shuttering of Schnucks’ Eatwell banner, the industry has put several things to rest this year.
By Catherine Douglas Moran • Oct. 31, 2024 -
Courtesy of Simbe
Simbe raises $50M in latest funding round
Goldman Sachs led the robotics company’s Series C round, which brings its total funding raised to over $100 million.
By Catherine Douglas Moran • Oct. 25, 2024 -
CatLane via iStock
Sponsored by GivexCommunity roundup – Spare change, big impact!
What is Community Roundup and how can it enhance your business? Learn how easy it is to give back to the community every time you shop.
By Andy Ruff , Vice President of Community Rewards, Givex • Oct. 21, 2024 -
Courtesy of Save A Lot
Save A Lot launches first-ever loyalty program
Shoppers can redeem points for free products and access deals through the mobile app while individual stores can customize the app with local offers.
By Peyton Bigora • Oct. 16, 2024 -
AnastasiaNurullina via Getty Images
Aldi’s Thanksgiving basket to feed 10 people for less than $47
This year’s deal includes a Butterball turkey and numerous staple side dishes and ingredients.
By Peyton Bigora • Oct. 16, 2024 -
Permission granted by Wakefern Food Corp.
Wakefern buys specialty food brand Di Bruno Bros.
The regional grocery cooperative now owns the portfolio of Italian and European products, which are distributed nationally.
By Catherine Douglas Moran • Oct. 16, 2024 -
Sam Silverstein/Grocery Dive
Albertsons records modest revenue gain in Q2, but profitability falls
The supermarket operator posted same-stores sales growth of 2.5% during the period, while net income slipped 45%.
By Sam Silverstein • Oct. 15, 2024 -
Courtesy of SpartanNash
SpartanNash to buy regional grocer Fresh Encounter
The acquisition of the grocer’s 49 stores across Ohio, Indiana and Kentucky grows SpartanNash’s store portfolio by a third.
By Catherine Douglas Moran • Oct. 14, 2024 -
Courtesy of Caroline Medeiros
Stop & Shop pressed on pricing by 4 Democratic lawmakers
The politicians’ letter to Ahold Delhaize CEO Frans Muller asked for an explanation on pricing discrepancies between Massachusetts locations.
By Peyton Bigora • Updated Oct. 11, 2024
