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Save A Lot Completes Transition to Wholesaler with Sale of 18 Stores

Retail TouchPoints

Save A Lot has relicensed its 18 remaining corporate-owned supermarkets, completing its strategy of shifting ownership and operations of all locations to independent licensed ownership. The time was right for us to step fully into our role as a licensed wholesaler and put all operations in the hands of our dedicated retailers.”

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BJ’s Wholesale Club to Power Up Shelf-Scanning Robots at All Locations

Retail TouchPoints

BJ’s Wholesale Club has entered a partnership with Simbe to roll out the solution provider’s automated business intelligence robot, Tally, to all 237 stores. The retailer plans to utilize the AI-powered solution to provide greater visibility into club conditions and drive deeper business insights.

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To Make Merger More Palatable, Kroger and Albertsons Boost Store Divestment Count

Retail TouchPoints

billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The revised plan maintains the sale to C&S of the QFC, Mariano’s and Carrs banners and adds the Haggen banner. Facing regulatory challenges to their proposed $24.6

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

Retail TouchPoints

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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FTC Seeks to Block $24.6 Billion Kroger-Albertsons Merger

Retail TouchPoints

billion Kroger acquisition of Albertsons , calling the deal — the largest supermarket merger in U.S. 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.

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Kiwis ‘not served well’ by grocery duopoly, but report reactions mixed

Inside Retail

In a preliminary report released last July, it flagged a raft of options for improving competition including making it easier for new competitors to enter the market, and adjusting planning laws to reduce restrictions on the use of sites using development covenants.

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Following Bankruptcy Filing, DAVIDsTEA Will Shutter 124 Stores

Retail TouchPoints

Like many retailers dealing with slow (or nonexistent) store traffic during the COVID-19 pandemic, tea retailer DAVIDsTEA is shifting its focus to e-Commerce and wholesale operations. the Montreal-based company is sending notices to terminate leases for 82 of its Canadian stores and all 42 U.S. Bankruptcy Code.

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