Finances & Deals


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    Peyton Bigora/Grocery Dive
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    UNFI posts net sales increase, unveils 3-year financial recovery plan

    The company will focus on “controllable variables” to improve financial results and will cut back on capital investments next year, CEO Sandy Douglas said.

    By Oct. 1, 2024
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    Courtesy of Weis Markets
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    Weis Markets buys 2 supermarkets

    The Mid-Atlantic grocer plans to convert the stores it is acquiring from Sunnyway Foods to its own banner.

    By Sept. 24, 2024
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    Scott Olson via Getty Images
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    Column

    The Friday Checkout: Kroger faces uphill climb as judge weighs merger’s fate

    Although a court decision could still be weeks away, Wall Street analysts and investors are predicting the deal with Albertsons won’t get approved.

    By Grocery Dive Staff • Sept. 20, 2024
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    Courtesy of Albertsons
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    Closing arguments in FTC’s case against Kroger-Albertsons merger set for Tuesday

    As the three-week-long trial winds down, another legal proceeding over the deal is getting started in Washington state.

    By Sept. 17, 2024
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    Courtesy of Kroger
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    Kroger reports sluggish results as merger decision looms

    The grocer’s sales were flat during the second quarter, but it returned to profitability after posting a loss during the same period a year ago.

    By Sept. 12, 2024
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    Brandon Bell via Getty Images
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    As the clock ticks on the Kroger-Albertsons merger, the stakes for the grocers are rising, analysts say

    “The opportunity cost of pursuing the merger over the past two years has been enormous for Kroger,” one business strategy expert said.

    By Sept. 10, 2024
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    Courtesy of Albertsons
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    Column

    The Friday Checkout: How strong can C&S be without Safeway?

    In a letter that surfaced during the federal Kroger-Albertsons merger trial, C&S told the FTC it would be able to “compete more effectively” if the grocers divest a stronger banner.

    By Grocery Dive Staff • Sept. 6, 2024
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    Catherine Douglas Moran/Grocery Dive
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    More than 47M people live in food-insecure households, USDA reports

    More than 13% of U.S. households were food insecure in 2023, a slight uptick from the year before and a significant increase compared to 2020.

    By Sept. 6, 2024
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    Courtesy of Kroger
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    Curtain rises on Kroger and Albertsons’ court fight with the FTC

    As the grocers get set to battle regulators before a judge, Kroger said assets it and Albertsons propose divesting would have generated about $21 billion in sales during the year that ended Feb. 3.

    By Aug. 26, 2024
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    PierreDesrosiers via Getty Images
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    Kroger says FTC’s effort to block merger with Albertsons is unconstitutional

    The grocer claims the agency’s administrative proceeding alongside its federal lawsuit challenging the deal is “an inappropriate attempt to receive multiple opportunities to litigate the same issues.”

    By , Updated Aug. 19, 2024
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    Retrieved from GetGo website.
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    Giant Eagle to sell c-store arm to Couche-Tard

    The deal, for an undisclosed amount, includes the grocer’s 270 convenience stores spread across Pennsylvania, Ohio, West Virginia, Maryland and Indiana.

    By Brett Dworski • Aug. 19, 2024
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    Courtesy of Kroger
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    Kroger pledges to double price cuts to $1B after Albertsons merger

    The increased investment to lower prices aims to help sweeten the deal as the grocery giants grapple with regulators’ concerns.

    By Aug. 16, 2024
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    Courtesy of Walmart
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    Walmart CEO: ‘Food continues to be strong’

    The retailer’s U.S. comparable-store sales excluding fuel rose 4% in Q2, with grocery as well as health and wellness sales outpacing general merchandise.

    By Aug. 15, 2024
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    Jessica Dumont/Grocery Dive
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    Grocery Outlet bags $1B in net sales again, names new CIO

    As it focuses on boosting value, the discounter has launched its new private label program with the debut of its Simply Go brand.

    By Aug. 7, 2024
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    Justin Sullivan via Getty Images
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    Instacart posts strong Q2 results as it zeroes in on omnichannel

    The company’s combination of in-store and online solutions for retailers is “laying the foundation for a massive one-stop-shop, omnichannel retail media network,” CEO Simo Fidji said.

    By Aug. 7, 2024
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    Sam Silverstein/Grocery Dive
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    Ahold Delhaize’s US sales sag again

    The grocer reported Wednesday that its net, comp-store and digital sales all declined during the company’s second quarter.

    By Aug. 7, 2024
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    Lee Lawson via iStock

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    Sponsored by Catania Oils

    Fighting shrinkflation: A case study in packaging optimization

    How does a private label manage rising costs without shrinkflation? Packaging optimization.

    Aug. 5, 2024
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    Retrieved from Business Wire.
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    Sprouts reports strong Q2 results

    Same-store sales growth continues to drive performance for the specialty grocer.

    By July 30, 2024
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    Courtesy of Kroger
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    Kroger and Albertsons merger temporarily halted by Colorado judge

    The grocers have agreed not to close their deal until after a state court rules on a lawsuit brought by Colorado’s attorney general aiming to stop their combination.

    By , Updated July 25, 2024
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    Catherine Douglas Moran/Grocery Dive
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    Albertsons sees sluggish growth in Q1

    The grocer’s identical sales growth came in just above 1% while its net income dropped by 42%.

    By July 23, 2024
  • Exterior of Washington, D.C., Safeway store at 415 14th Street, SE, on Aug. 11, 2020. Store opened Aug. 12, 2020.
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    Sam Silverstein/Grocery Dive
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    Kroger, Albertsons disclose list of assets set for divestment

    The grocers are publicly sharing the exact locations of the supermarkets and distribution centers they want to offload to C&S Wholesale Grocers in a bid to assuage antitrust concerns.

    By , Updated July 10, 2024
  • The parking lot of a Meijer Grocery store in Michigan
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    Courtesy of Meijer
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    Meijer doubles milk discount for SNAP participants

    Customers who use SNAP can now receive 40% off any brand or size of 1% or fat free milk purchased in-store or online, building on the grocer’s efforts to expand access to healthy foods. 

    By July 3, 2024
  • Exterior of Hen House Market store
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    Courtesy of Balls Food Stores
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    Balls Food Stores transfers company ownership to workers

    The Midwest chain said the move builds on its legacy of “creating a teammate-centric culture.”

    By July 2, 2024
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    vgajic via Getty Images
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    Grocers look to turn down inflation heat this July Fourth

    Kroger and Walmart are among the retailers dishing out savings to help shoppers enjoy the holiday while staying on budget.

    By July 2, 2024
  • Front entrance to Save Mart supermarket
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    Courtesy of The Save Mart Companies
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    The Save Mart Companies acquired by Canadian conglomerate

    The Jim Pattison Group has purchased the West Coast supermarket company, which was owned by a private equity firm for two years.

    By June 28, 2024