Retail Consolidation

Game Over For Rite Aid As PA Drug Merchant Closes All Stores

Long history of Pennsylvania based drug chain comes to an end with…

Food Trade News Team

Amazon’s ‘Hidden Ball Trick’ Penalty To Cost ‘Godzilla” Up To $2.5 Billion

Lina Khan was right. While the former Federal Trade Commission (FTC) chairperson…

  • Lina Khan was right as her suit against Amazon for its questionable ‘Prime’ membership tactics results in $2.5B penalty.
  • Walmart’s McMillon sees AI changing ‘literally every job in the world.’
  • Acosta pries away yet another high-volume CPG account from Advantage – this time it’s Unilever.
  • Bad news just keeps coming UNFI’s way.
  • Tightening economy breathes new life into Hamburger Helper sales.

September Is Hunger Action Month, And Island Harvest Food Bank Leads The Way In Offering Hope

Greetings and I hope this finds everybody doing well. The country and…

Kevin Gallagher

Harris Teeter To Shut 4 DC-Area Stores As Part Of 60 Kroger Closings

The closings are part of 60 underperforming stores the large merchant announced…

Food Trade News Team

The Party’s Over For Rite Aid As PA Drug Chain Starts Liquidation

CVS, Walgreens, Kroger, Giant Eagle, Albertsons and Weis Markets have acquired prescription…

Food Trade News Team

PE Firm Sycamore Partners To Buy Walgreens For $10 Billion

The deal represents the culmination of negotiations begun in December.

Food Trade News Team

For SEG And C&S, An Enhanced Opportunity

At first blush, it might seem like the motivation behind the recently…

  • Enhanced opportunities await SEG, C&S.
  • At Kroger and Albertsons, post non-merger, riffings ensue.
  • Are executive orders driving consumer confidence down?
  • ‘Godzilla’ Amazon, led by AWS, sees 52-week fiscals pole vault to $68.6 billion.
  • ADUSA Q4, full fiscal ’24 decent but hardly stellar.

After Federal, State Judges Reject Merger, Albertsons Takes Legal Aim At Kroger

The aftermath of the legal decisions on the Kroger-Albertsons deal isn't pretty.

  • Is the clock ticking on Sankaran’s tenure atop Albertsons?
  • Mark Tarzwell really retires.
  • Will Philly Whole Foods become the chain’s first unionized store?

Longshoremen’s Strike Illustrated Both Supply Chain’s Fragility And Resilience

The International Longshoremen’s Union (ILA) agreed to suspend their three-day strike at…

  • FTC’s Khan’s term may be expiring, but don’t expect her to step down any time soon (until perhaps the election, depending…)
  • CVS joins Walgreens & Rite Aid in the drug store gang that can’t shoot straight
  • FTC adds Visa to its list of scofflaws
  • Boar’s Heads’ leadership has got to go – time to clean house (literally)
  • RIP Kmart

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
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