Retail TouchPoints

JANUARY 18, 2024

The planned $24.6 billion merger of supermarket giants Kroger and Albertsons has faced pushback from federal regulators, state Attorneys General and labor unions practically from the moment it was first announced in October 2022. Top execs from both companies defended the merger in testimony to a U.S.

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Grocer Wholesale Supermarket Accounting 255

Retail Gazette

MARCH 27, 2024

The supermarket saw like-for-like sales, excluding fuel, soar 4.6% Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Morrisons CEO Rami Baitiéh said: “In January I outlined our plan to reinvigorate, refresh and strengthen Morrisons as we started our next chapter.

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Inside Retail

OCTOBER 22, 2023

Costco Wholesale Corporation, the world’s third-largest retailer after Walmart and Amazon, has a wacky fiscal year that is out of sync with most retailers: Its FY23 ended 3 September and its annual report was released on 11 October. In Asia, member-based companies have in the past focused heavily or exclusively on wholesale customers.

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Inside Retail

APRIL 4, 2024

New Zealand’s Foodstuffs has received its strongest indication yet that the nation’s competition regulator may block the planned merger of its North and South Island businesses. The value of those suppliers’ outside options would consequently be reduced.

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Mass Relators

MARCH 25, 2024

Supermarket operators have sold nonfood products for decades, but they still aren’t getting their fair share of the business. From our perspective, it’s really a question of aligning strategically on a plan for retail with our suppliers,” Graham said. “We What is the strategic plan that we need to lay out going forward?

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Retail Gazette

MARCH 6, 2024

Administrators at FRP said the reduced store footprint would coincide with “a renewed focus on the brand’s products, online sales channels and wholesale strategies, bringing the brand in line with industry peers and supporting a return to financial stability”.

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Inside Retail

SEPTEMBER 6, 2022

billion in 2018-19 – gained a foothold in the sector by snapping up rival retail groups including 23 Fivimart supermarkets, 87 Shop&Go convenience stores and the smaller Queenland convenience-store chain, rationalising and rebranding the network under the VinMart banner. billion.

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