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Kroger and Albertsons to Sell 400+ Stores, 8 DCs to Speed Planned Merger

Retail TouchPoints

Kroger and Albertsons will sell 413 stores across 17 states and the District of Columbia, along with eight distribution centers, two offices and five private label brands, to C&S Wholesale Grocers for approximately $1.9 billion in cash.

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FTC Seeks to Block $24.6 Billion Kroger-Albertsons Merger

Retail TouchPoints

“This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years,” said Henry Liu, Director of the Bureau of Competition at the FTC in a statement. billion , but the FTC has criticized the divestment as inadequate.

Grocer 256
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FMI laying foundation to make grocers nonfoods destination

Mass Relators

Despite the frequent trips that shoppers make to the grocery store, the channel only accounts for 8% of volume in the health and beauty care, household products and general merchandise categories, according to Tom Duffy, senior advisor for nonfoods community development at FMI – The Food Industry Association.

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Kroger To Divest Over 400 Stores in Bid to Close $25 Billion Albertsons Deal

Retail Wire

Kroger has announced plans to divest over 400 grocery stores to C&S Wholesale Grocers, a move aimed at gaining regulatory approval for its nearly $25 billion takeover of Albertsons. The deal will bring Kroger approximately $1.9

Grocer 113
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Instacart Connects Retailers to Small Business Owners with Launch of Instacart Business

Retail TouchPoints

Instacart will expand its delivery capabilities beyond the consumer space with the launch of Instacart Business, a B2B service aimed at helping small businesses. Current retail partners include Costco Business Center , Staples , Restaurant Depot and BJ’s Wholesale Club. and Canada.

Wholesale 301
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Independent grocers drive economic growth

Mass Relators

WASHINGTON — Independent grocers are important sources of jobs, wages and taxes for the communities they serve, according to the latest economic impact study from the National Grocers Association. The wholesalers serving independent grocers account for more than 44,000 additional jobs (and nearly $3.3 of the 2020 U.S.

Grocer 52
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Amazon, H-E-B and Market Basket ranked as top grocers

Mass Relators

The challenges for most other retailers are significant, but a number of midsize grocers gained momentum by understanding their customers better and differentiating their offering accordingly. Price now sits alone at the top in importance, with Digital and Quality tied for second. BJs Wholesale, the Giant Co. grocery retailer.

Grocer 52