Finances and Deals


  • Kroger Restaurant Supply
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    Courtesy of Kroger
    Kroger-Albertsons merger

    Kroger and Albertsons defend planned merger at Senate hearing

    The grocers do not intend to close any of the supermarkets they operate if the deal receives regulatory clearance, the companies’ chief executives told lawmakers on Tuesday.

    By Nov. 30, 2022
  • Boxed
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    Courtesy of Boxed

    Boxed flirts with NYSE delisting after stock price skids

    The online retailer has received a warning from the New York Stock Exchange that it is not in compliance with listing requirements because its average market capitalization during a recent 30-day period was below $50 million.

    By Nov. 29, 2022
  • Winn-Dixie
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    Courtesy of Southeastern Grocers

    Southeastern Grocers exploring sale, WSJ reports

    The news, attributed to sources familiar with the matter, comes about a year after the company ended its bid to go public.

    By Nov. 17, 2022
  • Ralphs in California
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    Thai Phi Le/Grocery Dive
    Kroger-Albertsons merger

    How the Kroger-Albertsons merger could transform 5 key grocery markets

    The two food retailers each have a strong presence in dozens of markets with unique characteristics, underscoring the complexity of sizing up a national deal in a hyperlocal industry.

    By , Nov. 17, 2022
  • An Albertsons sign with palm trees in the background.
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    Mario Tama via Getty Images

    Postponement of Albertsons’ $4B dividend extended to December

    The legal battle over whether the grocer can make the shareholder payout now goes to a hearing early next month, and the payment remains blocked until then.

    By Nov. 17, 2022
  • Exterior of new large format Target store featuring Drive Up service
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    Courtesy of Target

    Target’s profits tumble again, casting a shadow over the holidays

    Another disappointing quarter points to pressures on consumers, but some analysts also took the retailer to task for its performance.

    By Ben Unglesbee • Nov. 16, 2022
  • The curved banner of a Walmart store, the brand name in white letters and the characteristic yellow sunburst logo to the right, against a blue sky.
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    Daphne Howland/Grocery Dive

    Walmart’s strong Q3 powered by grocery

    The retailer, which recorded increases to its U.S. grocery sales and unit growth, has continued to gain market share in food and beverage from households across income demographics, executives told investors Tuesday.

    By Dani James , Nov. 15, 2022
  • Albertsons store
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    Courtesy of Albertsons

    Albertsons notches win in fight over $4B dividend

    A federal district court has denied a restraining order request by the attorneys general of California, Illinois and Washington, D.C., against the grocery company’s investor payout, which was originally slated for Nov. 7.

    By Nov. 9, 2022
  • Sprouts Farmers Market
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    Courtesy of Sprouts Farmers Market

    Sprouts edges forward in Q3, with deli leading the way

    The specialty retailer posted comparable-store sales growth of 2.4% during the period compared with the third quarter of 2021, while e-commerce sales rose 19%.

    By Nov. 9, 2022
  • Grocery Outlet
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    Jessica Dumont/Grocery Dive

    Grocery Outlet names new CEO

    President RJ Sheedy will take on the top role as Eric Lindberg transitions to chairman of the discounter’s board.

    By Nov. 8, 2022
  • Overhead shot of a family eating a meal.
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    SeventyFour via Getty Images

    5 consumer spending trends this Thanksgiving

    Shoppers are prepared to go extra lengths to save, yet are still willing to pay more to ensure turkey makes it to the table and holiday celebrations can occur in pre-pandemic style. 

    By Nov. 8, 2022
  • A person in a coat rides a bicycle holding a red DoorDash bag.
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    Michael M. Santiago/Getty Images via Getty Images

    DoorDash reports significant growth in its grocery, convenience businesses

    In its third-quarter earnings, the company said the number of its U.S. consumers who have ordered from a grocery store has more than doubled in the past year. 

    By Nov. 4, 2022
  • Albertsons store
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    Courtesy of Albertsons

    State AGs sue to stop Albertsons’ $4B dividend

    The payout would weaken the grocer as it looks to merge with Kroger, officials of California, Illinois, Washington and Washington, D.C., claimed in a pair of lawsuits.

    By Nov. 3, 2022
  • Albertsons
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    Courtesy of Albertsons

    Albertsons defends $4B dividend amid opposition from attorneys general

    The grocer is looking to ward off concerns that the dividend, which is set for Nov. 7, would reward investors while weakening Albertsons’ financial health.

    By Oct. 27, 2022
  • Walmart Store Exterior at Night
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    Courtesy of Walmart

    5 Walmart suppliers team up on renewable energy buy

    Levi Strauss, J.M. Smucker and three others completed the first aggregated purchase power agreement under the retailer’s Project Gigaton, which encourages vendors to reduce their greenhouse gas emissions. 

    By Sarah Zimmerman • Oct. 26, 2022
  • Grocery store entrance
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    Courtesy of Trigo

    Trigo nets $100M as it eyes ‘full-sized’ supermarkets

    The Israeli frictionless checkout startup company plans to use the new funding in part to scale its computer vision-based technology for use in larger retail locations than it currently supports.

    By Oct. 26, 2022
  • Albertsons
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    Courtesy of Albertsons
    Deep Dive // Kroger-Albertsons merger

    Will the Kroger-Albertsons deal get past regulators?

    Success will depend on how the FTC defines competition and whether the companies can satisfy the agency’s increasingly intense scrutiny of store divestitures, experts say.

    By Oct. 20, 2022
  • Close shot of the U.S. Capitol dome against the bright blue sky.
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    Brendan Hoffman via Getty Images
    Kroger-Albertsons merger

    Senate antitrust panel to focus on Kroger-Albertsons merger

    The bipartisan hearing, which was organized by Sens. Amy Klobuchar and Mike Lee, will take place in November and will add more scrutiny to the $24.6 billion deal.

    By Oct. 19, 2022
  • Kroger delivery
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    Courtesy of Kroger
    Column // Kroger-Albertsons merger

    Pardon the Disruption: The digital forces driving the Kroger-Albertsons merger

    The $24.6 billion deal is as much about boosting scale in data, retail media and e-commerce as it is about expanding stores and facilities.

    By Oct. 17, 2022
  • Alcohol delivery through Instacart
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    Courtesy of Instacart

    Instacart reportedly cuts valuation again, to $13B

    This marks the third time this year the company has slashed its valuation, Bloomberg and The Information reported, after lowering it to $24 billion in March and then to $15 billion in July.

    By Oct. 17, 2022
  • Kroger Delivery
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    Courtesy of Kroger
    Kroger-Albertsons merger

    How would the Kroger-Albertsons merger impact independent grocers?

    The National Grocers Association fears a second “power buyer” would enter the industry, further tipping the scales for suppliers and independent grocers trying to compete. 

    By Oct. 17, 2022
  • Kroger storefront
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    Courtesy of Kroger
    Kroger-Albertsons merger

    Kroger to buy Albertsons in $24.6 billion deal

    The companies expect the deal to close in early 2024 and plan to sell between 100 and 375 stores to satisfy regulatory requirements.

    By , Updated Oct. 14, 2022
  • Kroger storefront
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    Courtesy of Kroger

    Kroger, Albertsons in talks to merge, Bloomberg reports

    The combination, which has not been finalized and may not come to fruition, would create a grocery retailing giant able to rival Walmart and Amazon.

    By Oct. 13, 2022
  • Instacart
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    Retrieved from Instacart on March 02, 2021

    Instacart agrees to $46.5M settlement over worker classification

    The agreement settles a 2019 lawsuit by the San Diego City Attorney’s Office that claims the grocery technology company misclassified its workers as independent contractors instead of as employees. 

    By Oct. 12, 2022
  • A screenshot of The Rounds' website
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    Retrieved from The Rounds on October 10, 2022

    Zero-waste online grocer The Rounds raises $38M

    The newly announced Series A financing follows a $4 million seed round at the start of this year for the scaling grocery refill delivery service.

    By Oct. 10, 2022