Finances & Deals
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Courtesy of Kroger
Kroger and Albertsons merger temporarily halted by Colorado judge
The grocers have agreed not to close their deal until after a state court rules on a lawsuit brought by Colorado’s attorney general aiming to stop their combination.
By Catherine Douglas Moran , Sam Silverstein • Updated July 25, 2024 -
Catherine Douglas Moran/Grocery Dive
Albertsons sees sluggish growth in Q1
The grocer’s identical sales growth came in just above 1% while its net income dropped by 42%.
By Catherine Douglas Moran • July 23, 2024 -
Sam Silverstein/Grocery Dive
Kroger, Albertsons disclose list of assets set for divestment
The grocers are publicly sharing the exact locations of the supermarkets and distribution centers they want to offload to C&S Wholesale Grocers in a bid to assuage antitrust concerns.
By Catherine Douglas Moran , Sam Silverstein • Updated July 10, 2024 -
Courtesy of Meijer
Meijer doubles milk discount for SNAP participants
Customers who use SNAP can now receive 40% off any brand or size of 1% or fat free milk purchased in-store or online, building on the grocer’s efforts to expand access to healthy foods.
By Peyton Bigora • July 3, 2024 -
Courtesy of Balls Food Stores
Balls Food Stores transfers company ownership to workers
The Midwest chain said the move builds on its legacy of “creating a teammate-centric culture.”
By Catherine Douglas Moran • July 2, 2024 -
vgajic via Getty Images
Grocers look to turn down inflation heat this July Fourth
Kroger and Walmart are among the retailers dishing out savings to help shoppers enjoy the holiday while staying on budget.
By Peyton Bigora • July 2, 2024 -
Courtesy of The Save Mart Companies
The Save Mart Companies acquired by Canadian conglomerate
The Jim Pattison Group has purchased the West Coast supermarket company, which was owned by a private equity firm for two years.
By Catherine Douglas Moran • June 28, 2024 -
Courtesy of Kroger
Kroger’s sales inch forward as it stays focused on merging with Albertsons
The grocer’s same-store and overall sales were both ahead by less than 1% in Q1 as the company recorded a “solid start” to the year, said Chairman and CEO Rodney McMullen.
By Sam Silverstein • June 20, 2024 -
Courtesy of Schnucks
Schnucks ramps up personalization of its rewards program
The Midwestern grocer introduced new app features that allow members to unlock more offers from coupons to free donuts.
By Peyton Bigora • June 14, 2024 -
Courtesy of SpartanNash
How different generations shop private label
While older generations buy more private label goods across more categories, younger consumers are determining where they shop based on store brands, according to new research.
By Peyton Bigora • June 6, 2024 -
Catherine Douglas Moran/Grocery Dive
Illinois set to end grocery tax
Legislators have approved a state budget for 2025 that eliminates the 1% tax, paving the way for Gov. J.B. Pritzker to sign it into law.
By Sam Silverstein • May 30, 2024 -
bgwalker/iStock Unreleased via Getty Images
Giant Eagle unveils rotating seasonal price cuts
The regional grocer will lower prices on more than 1,000 summer items during the first round of its new Deals for Days promotion.
By Peyton Bigora • May 29, 2024 -
Getty Images/Staff via Getty Images
Top grocery M&A deals so far in 2024
Regional grocers struck several deals recently, including Hy-Vee buying a 22-store grocery chain in northwest Indiana and SpartanNash picking up a three-store Wisconsin chain.
By Catherine Douglas Moran • May 28, 2024 -
Courtesy of Amazon Fresh
Amazon Fresh rolls out weekly rotating discounts for in-store and online purchases
The offering also extends additional savings to Prime members, giving them 10% off when shopping the retailer’s e-commerce site.
By Peyton Bigora • May 28, 2024 -
Courtesy of PCC Community Markets
PCC says this year will be pivotal after an unprofitable 2023
The co-op’s CEO and president said the closure of a store last year hit sales hard and implored member-owners to shop at the grocer more often.
By Peyton Bigora • May 23, 2024 -
Peyton Bigora/Grocery Dive
UNFI extends Whole Foods distribution deal into 2032
The companies’ previous agreement was set to end in September 2027.
By Catherine Douglas Moran • May 22, 2024 -
Courtesy of Walmart
Walmart beats expectations in Q1 as revenue surpasses $160B
The company's e-commerce sales rose 21%, driven by store-fulfilled pickup and delivery and strength within its marketplace.
By Nate Delesline III • May 17, 2024 -
Catherine Douglas Moran/Grocery Dive
‘Whole Paycheck’ no more? Whole Foods is ramping up value messaging.
The specialty grocer’s store shelves in the Washington, D.C., area are coated in yellow discount tags signaling the retailer may be trying to appear more price-friendly to shoppers.
By Peyton Bigora • May 16, 2024 -
Retrieved from Foxtrot website.
Foxtrot files for bankruptcy
The decision to file for Chapter 7 was made during a meeting of Outfox’s board of directors, who reviewed the financial condition of the company and each of its subsidiaries.
By Brett Dworski • May 15, 2024 -
Brett Dworski/Grocery Dive
Foxtrot’s assets auctioned for $2.2M in what one attendee called a ‘completely ramrodded’ process
The virtual sale on Friday seemed to leave people with more questions than answers after organizer JPMorgan Chase didn’t describe the lot for sale and only entertained one bid.
By Brett Dworski • May 13, 2024 -
Courtesy of Instacart
Instacart posts strong Q1 results, names new CFO
The grocery e-commerce company’s revenue, order volume and profitability all exceeded its projections during the period.
By Sam Silverstein • May 9, 2024 -
Kaarin Vembar/Grocery Dive
Foxtrot’s assets to be sold this week
Friday’s foreclosure sale will include “substantially all of the assets” of the c-store retailer, including inventory, intellectual property, documents and more.
By Brett Dworski • May 9, 2024 -
Jessica Dumont/Grocery Dive
Grocery Outlet faces headwinds from tech transitions
The discount grocer has been frustrated by issues stemming from its recently upgraded product inventory and financial reporting platforms, President and CEO RJ Sheedy said.
By Catherine Douglas Moran • May 8, 2024 -
Courtesy of Sprouts Farmers Market
Sprouts records another robust quarter as it eyes further growth
The specialty grocer, which posted a 4% rise in comps during Q1, sees an opportunity to open more than 300 additional stores across several key states.
By Catherine Douglas Moran • May 1, 2024 -
Tops buys 5 stores
The purchase includes four full-service stores and a Tops Xpress in the greater Buffalo, New York, area previously run by a longtime franchise partner.
By Catherine Douglas Moran • April 30, 2024
