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Kroger, Albertsons Delay Merger Timeline to August as They Negotiate with Regulators

Retail TouchPoints

The planned $24.6 While this is longer than we originally thought, we knew it was a possibility and our merger agreement and divestiture plan accounted for such potential timing,” according to a joint statement from the retailers. “We Top execs from both companies defended the merger in testimony to a U.S.

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Morrisons posts strongest like-for-like sales growth in three years

Retail Gazette

The grocer claimed its key customer satisfaction metrics were “improving strongly”, and that its complaints had more than halved during the last 20 weeks. ” The update comes depsite the grocer pulling in a £1bn loss last year, as its debt interest payments related to its private equity takeover soared.

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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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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

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Mi9 Retail Expands Customer Base in First Half of 2020

M19 Retail

MIAMI, FLORIDA July 27, 2020 – Mi9 Retail (Mi9), the leading provider of omnichannel retail solutions, announced today that, despite COVID-19’s impacts on the retail industry, it was still able to add a number of new global retail brands to its customer base, including marquee net new accounts in the U.S., About Mi9 Retail.

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3 Marketplace Categories Where ‘White Space’ Still Exists

Retail TouchPoints

trillion dollars and account for 59% of all global ecommerce by 2027. “It’s In fact, there are three retail areas in particular — wholesale, off-price and grocery — where the marketplace opportunity is still wide open, primarily because each faces unique digitalization challenges that have slowed their move online.

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Introducing 20 RangeMe Brands Fast-Tracked Into KeHE’s DIVERSEtrade™ Program

Rangeme

The overall idea for Lorenzo’s Frozen Pudding is to create an experience that consumers cannot just taste but have memorable feelings about; We plan to be a household name,” explains Genesis Bencivenga, Sr. The duo went from selling pudding on the street to now working with retailers and distributors like KeHE. STL Pure Heat Gourmet.