Kroger And Albertsons Zero In On Store Divestitures Amid Deal Review
Supermarket operators Kroger and Albertsons are advancing plans to sell between 250 and 300 stores they hope will alleviate US antitrust concerns over their...
Walmart To Offer Other Retailers Local Fulfillment And Delivery Solutions
Walmart has entered into a partnership with software firm Salesforce to provide other retailers with access to leading technologies and solutions that power pickup...
Walmart Launches New ‘Text to Shop’ System
Walmart has introduced a new innovation that allows customers to start a shopping order by texting on their mobile phones.
The world’s largest retailer stated...
US Food Inflation Tracker Suggests Price Increases Are Starting To Slow
Following a hint from Kantar data earlier this week that food inflation may be starting to slow in the UK, separate research points to...
Costco CEO Talks Store Openings, Inflation, The Holiday Season, And The...
Costco CEO Craig Jelinek speaks with Yahoo Finance about the success of his company in 2022 and his reaction to Costco being named Yahoo...
Farmers And Consumer Groups Call For Kroger’s Takeover Of Albertsons To...
US lobbying groups, including the Open Markets Institute and National Farmers Union, have called on competition regulators to stop Kroger’s planned $25bn acquisition of...
Albertsons, Kroger CEOs Defend $25bn Merger To US Senate Committee
Skeptical lawmakers from across the political spectrum questioned executives at US grocers Kroger and Albertsons on Tuesday about their planned $25bn merger amid concerns...
Walmart Beats Amazon At Its Own Game On Black Friday
Bricks & mortar retailer Walmart is beginning to beat online retailer Amazon in the game it pioneered, e-commerce.
A recent CNBC report quotes data from...
Walmart Lifts Guidance As Demand Holds Up
Walmart lifted its annual sales and profit forecast yesterday as it continued to see robust demand for groceries during its third quarter despite higher...
Kroger-Albertsons Mega-Merger Could Cause More US Food Deserts
The proposed $24.6bn merger of Kroger and Albertsons could have dramatic consequences for customers, including higher prices for groceries and more food deserts, experts...