The next step in The Kroger Co.’s acquisition of Albertsons Companies is an expected second request for additional information from the Federal Trade Commission.
The food industry, like most other sectors of the US economy, has been working hard to overcome hurdles in hiring and retention to keep their operations properly staffed.
FMI – The Food Industry Association has several initiatives focused on the workforce and on helping retailers and their supplier partners solve their labor-related problems.
Following The Kroger Co.’s proposed acquisition of Albertsons, the Washington State Court granted a temporary restraining order on Nov. 3 on the basis that the company would be unable to compete if it paid the $6.85 per common share special dividend while the merger is under antitrust review.
As online grocery sales surge — even for products in the fresh perimeter that consumers have traditionally preferred buying instore — it’s more important than ever for retailers to find ways of bringing people back to brick-and-mortar stores and keeping them there.
For Carlisle, Pa.-based retail chain GIANT, seasonal promotions play a key role in helping to create differentiation and setting the stage for “theater presentation” within and across the store, said Ted Williams, GIANT’s director of nonfoods.
Plant-based foods, increased interest in sustainable foods and practices, and the return of popular classics highlight potential new trends in 2023, according to a new report from Whole Foods Market. The report is created by the retailer’s Trends Council of food industry experts.
The Kroger Co. is acquiring Albertsons Companies for approximately $24.6 billion. If the acquisition is approved, it will encompass 4,996 stores, 52 processing plants, 66 distribution centers, employ approximately 710,000, and, on a combined basis have an estimated $210 billion sales and $3.3 billion in earnings.