Finances & Deals
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Courtesy of Ahold Delhaize
Ahold Delhaize allocates proceeds of its green bond to sustainability efforts
The Dutch grocer allotted the largest portion of the earnings toward green buildings and energy efficiencies.
By Peyton Bigora • April 26, 2024 -
Permission granted by Foxtrot
Foxtrot, Dom’s sued amid mass layoff
A class action complaint claims the companies violated the WARN Act by failing to give its employees at least 60 days notice of the shutdown.
By Brett Dworski • April 25, 2024 -
Sam Silverstein/Grocery Dive
Grocery e-commerce sales predicted to grow 3 times faster than in-store sales, report finds
Brick Meets Click’s latest five-year forecast notes that pickup will continue to dominate over delivery and ship-to-home.
By Peyton Bigora • April 25, 2024 -
Courtesy of Albertsons
Albertsons sees more turmoil ahead as it closes the books on a tough year
The grocer posted anemic same-store sales growth during its latest quarter, with lower inflation and a growing reliance on pharmacy posing key challenges.
By Sam Silverstein • April 23, 2024 -
Courtesy of Albertsons
Kroger and Albertsons update divestiture plan with C&S
The grocery chains have increased the number of stores they plan to divest and added other assets to the deal as they press ahead with their embattled merger plan.
By Sam Silverstein , Catherine Douglas Moran • April 22, 2024 -
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
