Blue Apron to be acquired by Wonder Group

The food tech company founded by former Walmart e-commerce executive Marc Lore is buying the meal kit company for about $103 million — a fraction of what it was worth when it went public in 2017.

By Catherine Douglas Moran • Sept. 29, 2023

Kroger makes local sourcing pledge tied to Albertsons merger

The grocery giant said it will increase the number of local products in its stores by 10% once the proposed mega-merger closes. 

By Catherine Douglas Moran • Sept. 20, 2023

Kroger took a hard look at the past when crafting divestiture deal, CEO says

The chain was determined to avoid a repeat of Albertsons’ ill-fated 2015 deal with Haggen as it developed plans to sell stores to C&S Wholesale Grocers, Chairman and CEO Rodney McMullen said.

By Sam Silverstein • Sept. 20, 2023

Instacart makes long-awaited public market debut

The company’s shares on the Nasdaq started trading at $30 under the ticker symbol “CART” on Sept. 19, putting its valuation at just below $10 billion.

By Catherine Douglas Moran • Sept. 19, 2023

Instacart lifts target IPO share price range

The grocery tech company now expects its shares to fetch between $28 and $30 each, which would raise between $616 million and $660 million for the firm when it goes public.

By Catherine Douglas Moran • Sept. 15, 2023

Even with divestiture deal, Kroger-Albertsons merger faces challenging odds, analysts say

The grocers’ plan to sell hundreds of stores to C&S Wholesale Grocers increases the chance of the deal getting done, according to two Wall Street firms — though they still put the odds at only around 50%.

By Sam Silverstein • Sept. 14, 2023

Mapping Kroger and Albertson’s store divestiture deal with C&S

Three maps help outline the proposed $1.9 billion divestiture plan and show how the wholesaler could more than triple its footprint of retail locations.

By Catherine Douglas Moran , Peyton Bigora • Sept. 12, 2023

UFCW local unions raise concerns about Kroger-Albertsons’ divestiture plan with C&S

Seven UFCW Locals likened the deal to Haggen's purchase of Safeway stores in 2015, while UFCW International’s president said the organization will continue to closely monitor its impact.

By Peyton Bigora • Sept. 11, 2023

Instacart seeks up to $9.3B valuation in IPO

The grocery tech company plans to offer 22 million shares within an estimated price range of $26 to $28 per share, which would raise between $572 million and $616 million, per an SEC filing. 

By Catherine Douglas Moran , Sam Silverstein • Sept. 11, 2023

Kroger sees Q2 earnings slip with $1.4B opioid settlement charge

The grocer brought in $33.9 billion in sales, 2% less than during the same period last year, and said its settlement will cover most nationwide opioid claims.

By Catherine Douglas Moran • Sept. 8, 2023

Kroger, Albertsons may sell stores to C&S Wholesale Grocers: reports

The wholesale grocery supply company is in talks to buy locations that the supermarket operators are looking to offload to win regulatory approval for their merger, according to Bloomberg and Reuters.

By Catherine Douglas Moran • Sept. 6, 2023

How grocers are targeting back-to-school shoppers

Along with traditional promos on supplies and snacks, retailers this year are also incorporating evolving areas of their businesses like health services and prepared foods.

By Peyton Bigora • Aug. 28, 2023

Instacart files plans to go public

The grocery technology company, which intends to list its shares on the Nasdaq under the ticker symbol “CART,” said it has not yet determined how much money it will seek to raise through the IPO.

By Sam Silverstein , Catherine Douglas Moran • Updated Aug. 25, 2023

Boxed acquired by MSG Distributors

The regional distributor of consumables and household products stated it will work to continue serving Boxed’s customers, vendors and brands.

By Peyton Bigora • Aug. 21, 2023

State officials urge FTC to stop Kroger-Albertsons merger

In a Wednesday letter to Federal Trade Commission Chair Lina Khan, seven secretaries of state said the proposed deal would hurt shoppers, suppliers and workers.

By Sam Silverstein • Aug. 17, 2023

Meal kit roundup: HelloFresh earnings surge as Blue Apron announces layoffs

HelloFresh reported record adjusted EBITDA during Q2 even as its active customer base shrunk, while Blue Apron laid off around 20% of its corporate staff during the quarter.

By Sam Silverstein • Aug. 11, 2023

Ahold Delhaize sees results moderate in Q2

The company recorded increases in comparable-store and net sales in the U.S., but both measures came in significantly lower on a year-over-year basis for the second straight quarter.

By Sam Silverstein • Aug. 9, 2023

Save A Lot unloads last corporate-operated stores

The discount grocer is selling 18 St. Louis-area locations to Leevers Supermarkets as it finishes transferring ownership of all of its stores to independent licensees.

By Sam Silverstein • Aug. 8, 2023

Setting an initial pricing strategy for new products

How new advancements in data science unlock optimized pricing faster for new SKUs.

By Matthew Pavich, Sr. Director, Strategy & Innovation, Revionics • July 31, 2023

Albertsons records robust Q1 but outlines challenges on the horizon

The grocery chain posted a 4.9% increase in ID sales, but remains “mindful” of how slowing inflation and SNAP spending will impact the business, CEO Vivek Sankaran said in a statement.

By Catherine Douglas Moran • July 25, 2023

The Friday Checkout: The biggest winner on Amazon Prime Day? Cats.

Data from the 48-hour online sales event showed that cat treats and household essentials were among the hottest products, highlighting the ongoing effects of inflation.

By Grocery Dive Staff • July 14, 2023

Simbe Robotics raises $28M as it aims to bring its aisle-scanning tech to more retailers

The startup, which works with retailers including Schnucks, SpartanNash and BJ’s Wholesale Club, plans to tap the funds to help retailers leverage shopper data, co-founder and CEO Brad Bogolea said.

By Sam Silverstein • July 13, 2023

Brookshire Grocery prescribes a sale for most of its pharmacies

The Texas-based grocer has agreed to sell all of its 120 pharmacies in Texas, Louisiana and Arkansas to Walgreens, but will hold onto pharmacies in stores it operates under its Reasor’s banner in Oklahoma.

By Sam Silverstein • July 11, 2023

El Rancho Supermercado bought by Heritage Grocers Group

The deal brings the 28-store ethnic supermarket chain under common ownership with specialty grocers Cardenas Markets and Tony's Fresh Market.

By Sam Silverstein • June 29, 2023

Dollar Tree is rolling out groceries priced up to $5

At its annual investor conference last week, the discount retailer said it’s introducing higher-priced goods in categories like bread, ice cream and general merchandise at thousands of stores.

By Peyton Bigora • June 28, 2023