February 26, 2024 by MMR
Albertsons, Federat Trade Commission, FTC, Kroger
Featured Articles, Leading Headlines, Money, Retail News
WASHINGTON — The Federal Trade Commission has filed a lawsuit to block Kroger’s proposed $25 billion merger with Albertsons Cos., contending that consumers will see higher prices and workers will see lower wages if the deal goes through. “This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over
February 26, 2024 by MMR
Albertsons Cos., Colorado attorney general Phil Weiser, Kroger, merger
2024, Issue 02-26-2024
DENVER — Colorado attorney general Phil Weiser has filed a lawsuit aiming to block Kroger’s planned $25 billion merger with Albertsons Cos., arguing that the deal “would lead to stores closing, higher prices, fewer jobs, worse customer service and less resilient supply chains.” Kroger and Albertsons responded in a joint statement that they were “disappointed
January 15, 2024 by Jeffrey Woldt
Albertsons Cos., Jeffrey Woldt, Kroger, Rodney McMullen
2024, Issue 01-15-2024
CINCINNATI — The editors of Mass Market Retailers have named Rodney McMullen the publication’s Retailer of the Year. The recognition for Kroger’s chairman and chief executive officer will rightly be linked to the company’s pending $24.6 billion merger with Albertsons Cos., but the deal is only one aspect of the work that McMullen has done
November 27, 2023 by MMR
Amazon, dunnhumby Retailer Preference Index, H-E-B, Kroger, Leadership in Personalization, RPI
Issue 11-27-2023
CHICAGO — A “special edition” of the dunnhumby Retailer Preference Index (RPI) places Amazon, H-E-B and Kroger atop the latest rankings of grocery retailers in terms of their abilities to personalize shopping experience to best serve shoppers. The inaugural RPI for Leadership in Personalization finds that Amazon stands apart from all other retailers, dunnhumby says
October 9, 2023 by MMR
Denver, fulfillment center, Kroger
Issue 10-09-2023
JOHNSTOWN, Colo. — Kroger Co. last month opened its newest fulfillment “spoke” here, a facility that allows the grocery retailer to expand the reach of a customer fulfillment center (CFC) already operating in the Denver metro area and powered by technology from U.K.-based Ocado Group PLC. The CFC, or hub, was launched last spring in
September 20, 2023 by MMR
Albertsons, Kroger, Kroger chairman and CEO Rodney McMullen, Stuart Aitken
Leading Headlines, Retail News
CINCINNATI — Kroger Co. said Tuesday that it commit to making more local products available to its customers following its proposed merger with Albertsons Cos. Once the deal is consumated, the combined company will increase the number of local products in its stores by 10%, which equates to at least of 30 new local products
September 8, 2023 by MMR
fiscal second quarter earnings, Inflation, Kroger
Leading Headlines, Money, Retail News
CINCINNATI — The Kroger Co. today said revenue declined in the second quarter of fiscal 2023 as the rate of inflation slowed. Kroger reported net sales of $33.8 billion for the three months to August 12, down from $34.6 billion in the comparable period a year ago. Kroger reiterated its forecast for the full year
September 8, 2023 by MMR
Kroger, opioid settlements
Leading Headlines, Retail News
CINCINNATI — The Kroger Co. today said it has agreed to pay $1.2 billion to U.S. states, local governments and Native American tribes to settle the majority of claims that it fueled the opioid epidemic through its lax oversight of its pharmacy sales. That settlement would allow for “full resolution” of all claims on behalf
September 8, 2023 by MMR
Albertsons, C&S Wholesale Grocers, Kroger
Featured Articles, Leading Headlines, Retail News
CINCINNATI — The Kroger Co. and Albertsons Cos. today announced that they have entered a definitive agreement with C&S Wholesale Grocers LLC for the sale of 413 stores and other assets in connection with the supermarket retailers’ proposed merger. The agreement also calls for Keene, N.H.-based C&S Wholesale to acquire three banners, eight distribution
September 6, 2023 by MMR
Albertsons, C&S Wholesale Grocers, Kroger
Leading Headlines, Retail News
NEW YORK – C&S Wholesale Grocers is reportedly in talks to potentially buy grocery stores from Kroger and Albertsons as the retailers pursue regulatory approval of a proposed merger that could require divestiture of hundreds of supermarkets. News of the talks was first reported by Bloomberg News and picked up by other media outlets. Reuters,
August 7, 2023 by MMR
Boost by Kroger Plus, Kroger, paid subscription memberships
2023, Issue 08-07-2023, Issues
CINCINNATI — In the year since Kroger Co. introduced paid subscription memberships to accelerate its e-commerce growth, the program saved members more than $115 million, the retailer announced last month. Boost by Kroger Plus was launched in just four of the retailer’s divisions — Cincinnati-Dayton, Columbus, Atlanta and Central (Indianapolis). The two-tiered program offers various
July 10, 2023 by MMR
first quarter, Kroger
Issue 07-10-2023
CINCINNATI — Kroger Co.’s first quarter same-store sales and net earnings beat analysts’ projections, and the company reaffirmed its guidance for the year. Identical-store sales, excluding fuel, increased by 3.5% for the quarter, topping analysts’ average forecast of a 3.27% gain. Kroger said identical-store sales would have increased by 5.0% had it not been for