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Kroger Plans to Cut Prices Following Completion of Albertsons Merger

Retail TouchPoints

Citing its actions following previous corporate mergers, Kroger said it plans to lower prices when its planned merger with Albertsons is finalized. The supermarket giant will invest $500 million to lower prices on “day one” following the transaction’s close, and also plans to invest $1.3

Planning 272
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Aldi Plans to Add 800 New U.S. Stores by 2028

Retail TouchPoints

Discount grocer Aldi will invest more than $9 billion over the next five years on its national expansion plan, which includes adding 800 stores to its U.S. Aldi’s growth plans include beefing up its presence in the Northeast and Midwest, with plans to add nearly 330 stores across both regions by 2028.

Planning 147
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Aldi Plans 120 Store Openings in 2023 as it Continues Omnichannel Push in U.S.

Retail TouchPoints

The store growth builds on the 139 locations opened or remodeled in 2022 , which Aldi credited as contributing to the 9.4 million new customers the grocer attracted that year. to help support new stores in the area, including plans to add stores in New Orleans and Baton Rouge, La. in a statement.

Grocer 216
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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.

Planning 235
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Laying the Operational Foundation for Autonomous Stores

Retail TouchPoints

Preparing Internal Operations for Smart Stores The importance of operational preparedness is especially true for grocers implementing emerging technologies such as autonomous checkout, also referred to as seamless checkout.

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Keeping up with the Customers: How Retailers are Adapting to New Shopping Behaviors

Retail TouchPoints

To put the risk-averse shopper’s mind at ease, many retailers have had to find ways to handle this influx of inquiries from customers. Grocers, like Morrisons in the UK, used Amazon Connect to immediately respond to the challenges of the pandemic. As their customers evolve, it is imperative that retailers keep pace.

Shopping 239
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FMI honors seven food industry executives

Mass Relators

As senior vice president and chief financial officer, he oversaw the development of the 2020 and Beyond Plan , which analyzed every facet of business at Associated Food Stores to identify opportunities for improvement. During his time as president of the Kroger Chain and Albers Super Markets, Inc.,