Finances & Deals: Page 2


  • A photo of the exterior of a Foxtrot store on The Drag in Austin, Texas.
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    Permission granted by Foxtrot
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    Foxtrot, Dom’s sued amid mass layoff

    A class action complaint claims the companies violated the WARN Act by failing to give its employees at least 60 days notice of the shutdown.

    By Brett Dworski • April 25, 2024
  • Pickup area in grocery store
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    Sam Silverstein/Grocery Dive
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    Grocery e-commerce sales predicted to grow 3 times faster than in-store sales, report finds

    Brick Meets Click’s latest five-year forecast notes that pickup will continue to dominate over delivery and ship-to-home.

    By April 25, 2024
  • Albertsons store
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    Courtesy of Albertsons
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    Albertsons sees more turmoil ahead as it closes the books on a tough year

    The grocer posted anemic same-store sales growth during its latest quarter, with lower inflation and a growing reliance on pharmacy posing key challenges.

    By April 23, 2024
  • Albertsons
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    Courtesy of Albertsons
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    Kroger and Albertsons update divestiture plan with C&S

    The grocery chains have increased the number of stores they plan to divest and added other assets to the deal as they press ahead with their embattled merger plan.

    By , April 22, 2024
  • A sign on a drinks case door that reads "We accept SNAP/EBT."
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    Catherine Douglas Moran/Grocery Dive
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    Farm bill proposal won’t cut SNAP benefits: House ag chair

    Republicans are pushing to return to a cost-neutral process when determining funds for food assistance. 

    By Sarah Zimmerman • April 17, 2024
  • Close-up of a person holding a smart phone with the Flavor Adventure game open
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    Getty Images; Albertsons’ Flavor Adventure

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    How grocers have leaned into loyalty

    Loyalty programs have grown in importance as grocers work to convey to customers that they are on their side — not inflation’s. Here are the most notable updates so far this year.

    By April 15, 2024
  • Blocks spell M and A
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    Nastassia Samal via Getty Images
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    Maison Solutions buys Arizona grocer for $22M

    The acquisition of Lee Lee Oriental Supermart will add $70 million in annual revenue to Maison, effectively doubling its sales.

    By April 10, 2024
  • Exterior of Stop & Shop supermarket
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    Sam Silverstein/Grocery Dive
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    Ahold Delhaize and 4 other grocers establish venture capital fund

    W23 Global will invest $125 million over five years in small businesses that support in-store and online shopping experiences as well as sustainability initiatives.

    By April 8, 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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    Lower grocery comps reflect new challenges for an industry in transition

    Retailers are facing pressure to maintain sales volumes as the boosts they received from the pandemic and inflation fade, experts say.

    By April 2, 2024
  • Exterior of a Jewel-Osco store.
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    Catherine Douglas Moran/Grocery Dive
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    Do Kroger and Albertsons need to revise their divestiture deal with C&S?

    The grocery giants may need to rethink their plan to offload assets as they look to appease regulators with their proposed mega-merger, analysts say.

    By March 25, 2024
  • New logo display above produce wall at Manassa, Virginia, Sprouts Farmers Market
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    Peyton Bigora/Grocery Dive
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    Sprouts loyalty program looks to significantly boost first-party data collection

    Set to pilot this summer, the specialty grocer’s loyalty program will operate on a points-based system and offer better insights into shopper behavior.

    By March 21, 2024
  • Kroger Ocado
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    Courtesy of Kroger
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    Kroger to sell specialty pharmacy division

    The grocer is parting ways with the healthcare unit as it focuses its attention on overcoming regulatory opposition to its planned merger with Albertsons.

    By March 19, 2024
  • Kroger Indianapolis Spoke
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    Courtesy of Kroger
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    Kroger and Albertsons hit back at the FTC

    The regulatory agency has mischaracterized competition and labor dynamics in the grocery industry in seeking to block their merger, the grocers said in filings this week.

    By March 15, 2024
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    Joe Raedle via Getty Images
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    Dollar Tree will soon offer products that cost $7

    Price points for hundreds of goods will now range up to that amount as the retailer aims to reach higher-income shoppers.

    By March 13, 2024
  • Kroger delivery vehicles
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    Courtesy of Kroger
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    Kroger reports improved profit line as it girds for battle with FTC

    The grocer is determined to overcome the government’s effort to stop its merger with Albertsons but sees room to grow even if it can't consummate the deal, its CEO said.

    By March 8, 2024
  • A Target storefront with the company's signature red color scheme and bullseye logo
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    Courtesy of Target
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    Target to launch paid membership program to rival Amazon Prime, Walmart+

    Target Circle 360 will cost $99 a year and comes as the retailer plans 300 new stores in the coming decade.

    By Nate Delesline III • March 5, 2024
  • Kroger Indianapolis Spoke
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    Courtesy of Kroger
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    Column

    The Friday Checkout: Could the Kroger-Albertsons saga become a political football?

    The chains are trying to merge as politicians and consumers connect the grocery industry with high prices. Can the retailers overcome the pressure?

    By Grocery Dive Staff • March 1, 2024
  • Albertsons
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    Courtesy of Albertsons
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    What’s next for Kroger and Albertsons as merger case moves on to court

    The grocers' ability to combine could come down to how a judge rules on the FTC's request for a preliminary injunction, antitrust experts said.

    By Feb. 29, 2024
  • Woman produce shopping
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    Adobestock/ Meow Creations

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    Southeastern Grocers accepting supplemental health benefits with new partnership

    NationsBenefits members can now buy approved healthy groceries and over-the-counter medications at Harveys Supermarket and Winn-Dixie locations.

    By Feb. 28, 2024
  • Kroger Ocado
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    Courtesy of Kroger
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    Analysts weigh in on FTC’s suit to challenge Kroger-Albertsons deal

    The agency's detailed statement opposing the proposed merger has industry experts mulling over the C&S divestiture plan and its possible impacts on industry competition.

    By Feb. 28, 2024
  • A silver sign on a brick wall identifies the Kroger Co. corporate headquarters.
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    Scott Olson via Getty Images
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    Column

    Pardon the Disruption: 4 thoughts on the FTC’s challenge to Kroger-Albertsons

    The agency strongly refuted claims the companies made around pricing, worker benefits and store divestitures, setting the stage for a pitched legal battle.

    By Feb. 27, 2024
  • Corn field and a house.
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    Scott Olson via Getty Images
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    Iowa bill seeks to bring grocery options to underserved communities

    Introduced by a state representative who formerly owned a food store, the proposed legislation would provide grants of $50,000 to $500,000 to grocers with up to 10 locations.

    By Feb. 26, 2024
  • ign on Doorway for the Federal Trade Commission in Washington D.C.
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    LD via Getty Images
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    FTC files suit to stop Kroger-Albertsons merger

    Nine attorneys general have joined the federal court complaint, which claims that the deal would boost grocery prices and hurt workers.

    By , Updated Feb. 26, 2024
  • A worker drops off a Walmart delivery at a doorstep
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    Courtesy of Walmart
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    Walmart records grocery gains, improved e-commerce profitability in Q4

    The retailer’s U.S. comparable-store sales excluding fuel rose 4% as a softening in general merchandise sales partially offset strength in grocery and health and wellness.

    By Feb. 20, 2024
  • Walmart has agreed to acquire smart TV maker Vizio in a $2.3 billion cash deal.
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    Scott Olson via Getty Images
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    Walmart buys Vizio for $2.3B as retail media race turns to streaming

    The deal helps Walmart catch up with Amazon and comes as its U.S. advertising unit grew revenue by 30% in fiscal 2024. 

    By Peter Adams • Feb. 20, 2024