Finances & Deals
-
Regional grocer expands digital promotions
Mississippi chain Roberts Company Inc. has linked up with rewards technology company Upside.
By Peyton Bigora • Dec. 17, 2024 -
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 -
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 -
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 -
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 • 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 -
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 -
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 -
Column
The 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 -
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 -
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 -
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 -
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 -
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 -
Column
The 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 -
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 -
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 -
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 -
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 -
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 -
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 -
Sponsored by Givex
Community 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 -
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