Economic Environment Impacts Most Mid-Atlantic Retailers; Comp Sales Flat
Once again led by Giant Food and Walmart, the $61.3 billion Mid-Atlantic…
While Kroger, Albertsons Ready For Court Date, Negotiating With FTC Continues
Among recent developments in the industry covered are the demise of Amazon's…
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Kroger and Albertsons will face the Federal Trade Commission in District Court on August 26 in Portland, OR.
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The companies are defending divestiture plans that could shift up to 650 stores to C&S Wholesale Grocers.
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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
Playing Against Khan Is A Rigged Game; Kroger, Albertsons Seek New Venue To Continue Battle
An analysis of the recent decision, as well as Ahold Delhaize news…
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The Federal Trade Commission, led by Chair Lina Khan, formally blocked the proposed $24.6 billion merger between Kroger and Albertsons.
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Labor groups including the United Food and Commercial Workers International Union argued the ruling ultimately strengthens rivals like Walmart, Amazon and Costco.
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Separately, Ahold Delhaize reported mixed Q4 results, while selling its two U.S. meat plants to Cargill and expanding delivery partnerships with DoorDash.
Amazon Remains Target Zero For Lina Khan And Her FTC Supplicants
Khan accuses Amazon of inducing consumers to sign up for its paid…