Grocery Mergers

Gloves Come Off As Kroger, Albertsons Hearing Starts In Portland, OR

Much like it’s been from the beginning nearly two years ago, the…

  • The gloves come off as Kroger/Albertsons face FTC in merger hearing
  • Fickle finger of fate taps shoulder of Starbucks’ Narasimahan who’s replaced by Brian Niccol
  • No surprise that Walmart grabbed 37% of online grocery sales in Q2 of 2024
  • Costco keeps hitting it out of the park, posting net sales in July of $19.26 billion, a 7.1% jump

While Kroger, Albertsons Ready For Court Date, Negotiating With FTC Continues

Among recent developments in the industry covered are the demise of Amazon's…

  • Kroger and Albertsons will face the Federal Trade Commission in District Court on August 26 in Portland, OR.

  • The companies are  defending divestiture plans that could shift up to 650 stores to C&S Wholesale Grocers.

  • Elsewhere, Walgreens and Rite Aid struggle financially, online grocery sales decline amid private label gains, and major firms from Unilever to Visa and Mastercard navigate restructuring and legal settlements