The Federal Trade Commission (FTC) is suing grocery giant Kroger over its acquisition of rival Albertsons for alleged anticompetitive concerns that could adversely impact consumers.
Kroger and Albertsons “remain committed” to merging their businesses, but they pushed back the anticipated closing date to as late as mid-August to give them time to address ongoing concerns from the Federal Trade Commission and several state Attorneys...
Retailers are gearing up to fight for consumers' dollars through mergers and acquisitions, as shoppers head into stores less and look for opportunities to make the most out of their trips, RJ Hottovy, head of analytical Research at Placer.ai, shared...
Grocery technology provider Afresh is rolling out its platform to more than 2,200 Albertsons meat and seafood departments following a pilot program, as retailers turn to fresh-food assortments to differentiate from online channels.
Albertsons this week released its 2023 environmental, social, and governance (ESG) report and announced that it has made progress to reduce carbon throughout its supply chain and reinforce food security in the communities it serves.
Albertsons has updated its Sincerely Health app with a nutritional insight too that will take the groceries purchases and provide a snapshot if a consumer is meeting the daily serving recommendations of the USDA MyPlate.
As CPG brands and retailers respond to shifting consumers behaviors -- from trading down to private label to more brick-and-mortar shopping -- they need to put aside preconceived notions of what consumers want and use data and their internal resources...
As consumer interest in food as medicine rises, Albertsons is helping shoppers connect the dots between well-being, diet and the types of food and products that support their health goals with the launch of a new digital wellness platform within its grocery...
Albertsons is rebranding its free-from Open Nature line, adding "a tasteful edge," as the company looks to provide its customers with value and better-for-you options across its entire Own private label brand, Brandon Brown, senior VP of Own...
United Natural Foods Inc. plans to remain on the sidelines rather than enter a bidding war against existing clients if and when anti-trust concerns force Kroger and Albertsons to divest retail locations as part of their proposed $24.6bn merger expected...
A Washington state court has granted a temporary restraining order to block dividend payments to Albertsons investors related to the $24.6bn merger with Kroger announced in October 2022.
While the industry waits to see if the $24.6bn mega merger of Kroger and Albertsons will hold up against scrutiny from regulators, brands and suppliers are also standing by to see what the consolidation of the second-largest and fourth-largest US supermarket...
Supermarket giant Kroger is merging with Albertsons Companies Inc. (Safeway, Vons, Jewel-Osco), bolstering its position as the second largest food retailer in the US with an estimated 11.8% market share behind Walmart at 17.1%.
Despite soaring at home food inflation, Albertsons’ shoppers remain “strong” with minimal trading-down to less expensive products, including private label, or pulling back on overall spending, executives said during the retailer’s fourth quarter earnings...
For Albertsons, the ongoing pandemic is a double-edge sword that simultaneously helped drive strong sales and better-than-expected earnings in the retailer’s third quarter announced yesterday and triggered a sudden and unexpected drop in stock the same...
In its Q3 earnings call yesterday, TreeHouse Foods’ CEO observed that, “as certain federal stimulus programs expire, we are seeing signs of private label recovery.” So will store brands regain some share they lost during the pandemic, and how are retailers...
Recognizing that risings costs are squeezing food and beverage margins as the pandemic continues, Albertsons will accept – to an extent – price increases that several large CPG players have warned in recent weeks are coming down the pike.
Albertsons Companies saw total revenue grow 11.2% to $15.8bn during Q2 2020 (12 weeks ended Sept. 12, 2020) driven by strong digital sales growth (+243%) and a growing base of loyal consumers who are gravitating towards the retailer's private label...
Kroger is adding its voice to the growing chorus of industry stakeholders asking elected officials to designate all grocery employees as ‘extended first responders’ and ‘emergency personnel’ to ensure they are protected and have access to healthcare during...
In a further sign that the online subscription and home delivery model for meal kits is challenging to sustain, Albertsons has unveiled plans to phase out the Plated subscription service and focus on building the meal kit brand – which it acquired in...
Plated is continuing the in-store rollout of its meal kits with Albertsons, gaining placement with 37 more stores in the Northeast and 42 locations in the Southwest.
