Finances & Deals: Page 4
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Catherine Douglas Moran/Grocery Dive
Farm bill proposal won’t cut SNAP benefits: House ag chair
Republicans are pushing to return to a cost-neutral process when determining funds for food assistance.
By Sarah Zimmerman • April 17, 2024 -
Getty Images; Albertsons’ Flavor Adventure
How grocers have leaned into loyalty
Loyalty programs have grown in importance as grocers work to convey to customers that they are on their side — not inflation’s. Here are the most notable updates so far this year.
By Peyton Bigora • April 15, 2024 -
Nastassia Samal via Getty Images
Maison Solutions buys Arizona grocer for $22M
The acquisition of Lee Lee Oriental Supermart will add $70 million in annual revenue to Maison, effectively doubling its sales.
By Peyton Bigora • April 10, 2024 -
Sam Silverstein/Grocery Dive
Ahold Delhaize and 4 other grocers establish venture capital fund
W23 Global will invest $125 million over five years in small businesses that support in-store and online shopping experiences as well as sustainability initiatives.
By Peyton Bigora • April 8, 2024 -
Sam Silverstein/Grocery Dive
Lower grocery comps reflect new challenges for an industry in transition
Retailers are facing pressure to maintain sales volumes as the boosts they received from the pandemic and inflation fade, experts say.
By Sam Silverstein • April 2, 2024 -
Catherine Douglas Moran/Grocery Dive
Do Kroger and Albertsons need to revise their divestiture deal with C&S?
The grocery giants may need to rethink their plan to offload assets as they look to appease regulators with their proposed mega-merger, analysts say.
By Catherine Douglas Moran • March 25, 2024 -
Peyton Bigora/Grocery Dive
Sprouts loyalty program looks to significantly boost first-party data collection
Set to pilot this summer, the specialty grocer’s loyalty program will operate on a points-based system and offer better insights into shopper behavior.
By Peyton Bigora • March 21, 2024 -
Courtesy of Kroger
Kroger to sell specialty pharmacy division
The grocer is parting ways with the healthcare unit as it focuses its attention on overcoming regulatory opposition to its planned merger with Albertsons.
By Sam Silverstein • March 19, 2024 -
Courtesy of Kroger
Kroger and Albertsons hit back at the FTC
The regulatory agency has mischaracterized competition and labor dynamics in the grocery industry in seeking to block their merger, the grocers said in filings this week.
By Sam Silverstein • March 15, 2024 -
Joe Raedle via Getty Images
Dollar Tree will soon offer products that cost $7
Price points for hundreds of goods will now range up to that amount as the retailer aims to reach higher-income shoppers.
By Peyton Bigora • March 13, 2024 -
Courtesy of Kroger
Kroger reports improved profit line as it girds for battle with FTC
The grocer is determined to overcome the government’s effort to stop its merger with Albertsons but sees room to grow even if it can't consummate the deal, its CEO said.
By Sam Silverstein • March 8, 2024 -
Courtesy of Target
Target to launch paid membership program to rival Amazon Prime, Walmart+
Target Circle 360 will cost $99 a year and comes as the retailer plans 300 new stores in the coming decade.
By Nate Delesline III • March 5, 2024 -
Courtesy of Kroger
Column
The Friday Checkout: Could the Kroger-Albertsons saga become a political football?
The chains are trying to merge as politicians and consumers connect the grocery industry with high prices. Can the retailers overcome the pressure?
By Grocery Dive Staff • March 1, 2024 -
Courtesy of Albertsons
What’s next for Kroger and Albertsons as merger case moves on to court
The grocers' ability to combine could come down to how a judge rules on the FTC's request for a preliminary injunction, antitrust experts said.
By Sam Silverstein • Feb. 29, 2024 -
Adobestock/ Meow Creations
Southeastern Grocers accepting supplemental health benefits with new partnership
NationsBenefits members can now buy approved healthy groceries and over-the-counter medications at Harveys Supermarket and Winn-Dixie locations.
By Peyton Bigora • Feb. 28, 2024 -
Courtesy of Kroger
Analysts weigh in on FTC’s suit to challenge Kroger-Albertsons deal
The agency's detailed statement opposing the proposed merger has industry experts mulling over the C&S divestiture plan and its possible impacts on industry competition.
By Peyton Bigora • Feb. 28, 2024 -
Scott Olson via Getty Images
ColumnPardon the Disruption: 4 thoughts on the FTC’s challenge to Kroger-Albertsons
The agency strongly refuted claims the companies made around pricing, worker benefits and store divestitures, setting the stage for a pitched legal battle.
By Jeff Wells • Feb. 27, 2024 -
Scott Olson via Getty Images
Iowa bill seeks to bring grocery options to underserved communities
Introduced by a state representative who formerly owned a food store, the proposed legislation would provide grants of $50,000 to $500,000 to grocers with up to 10 locations.
By Catherine Douglas Moran • Feb. 26, 2024 -
LD via Getty Images
FTC files suit to stop Kroger-Albertsons merger
Nine attorneys general have joined the federal court complaint, which claims that the deal would boost grocery prices and hurt workers.
By Sam Silverstein , Jeff Wells • Updated Feb. 26, 2024 -
Courtesy of Walmart
Walmart records grocery gains, improved e-commerce profitability in Q4
The retailer’s U.S. comparable-store sales excluding fuel rose 4% as a softening in general merchandise sales partially offset strength in grocery and health and wellness.
By Catherine Douglas Moran • Feb. 20, 2024 -
Scott Olson via Getty Images
Walmart buys Vizio for $2.3B as retail media race turns to streaming
The deal helps Walmart catch up with Amazon and comes as its U.S. advertising unit grew revenue by 30% in fiscal 2024.
By Peter Adams • Feb. 20, 2024 -
Courtesy of Albertsons
ColumnThe Friday Checkout: Is C&S Wholesale Grocers fit to run assets Kroger, Albertsons want to divest?
The lawsuit brought by Colorado’s attorney general claims that the wholesaler and retailer doesn’t have the experience to run hundreds of stores and several more private brands.
By Grocery Dive Staff • Feb. 16, 2024 -
Jessica Dumont/Grocery Dive
Grocery Outlet snaps up discount grocery chain for $62M
The purchase of 40 United Grocery Outlet stores and a distribution center will extend Grocery Outlet’s presence in the Southeast.
By Catherine Douglas Moran • Feb. 16, 2024 -
Courtesy of HelloFresh
HelloFresh to offer discounted meal kits to Cigna Healthcare members
The tie-up aims to make HelloFresh meal kits available as “a healthcare benefit” as consumers turn to food retailers for health and wellness guidance.
By Peyton Bigora • Feb. 15, 2024 -
Courtesy of Instacart
Instacart reports strong Q4, highlights investments in customer incentives
The company says it has overhauled its discount and promotion strategy to help reactivate existing users and attract new ones.
By Catherine Douglas Moran • Feb. 14, 2024
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