Kroger-Albertsons merger blocked by federal judge
The judge rejected Kroger and Albertsons' proposed store divestiture plan, calling it insufficient to maintain competition.
Retail News
WSJ: Walgreens in talks to sell to private equity firm Sycamore Partners
The article says that WBA and Sycamore Partners have been discussing a sale that could be completed early in 2025, citing unidentified sources "familiar with the matter."
Sales up in November even as two Thanksgiving weekend days fell in December
Total retail sales were up 0.15% seasonally adjusted month over month and up 2.35% unadjusted year over year in November, according to the CNBC/NRF Retail Monitor.
Ports prepare for record imports amid threats of strikes and tariffs
“Either a strike or new tariffs would be a blow to the economy, and retailers are doing what they can to avoid the impact of either for as long as they can.”
Walmart delivers last-minute savings and convenience with holiday grand finale
With a reliable last-mile and amazing last-minute deals across its assortment, the retailer wraps up the holiday season with more convenience, savings, speed and ease for customer
Meijer triples home delivery range to serve an additional 4 million households
Retailer now offers home delivery for customers up to 60 minutes from Meijer stores.
Clinics making stores wellness ‘hubs’
In-store clinics are central to the transition, according to the report, titled “The Healthcare Opportunity in Grocery.”
Kroger reports lower than expected Q3 results, narrows guidance range
Revenue was hit by lower fuel prices as well as the sale of its specialty pharmacy business.
Upbeat economy sets the stage for a very merry holiday shopping season
NRF's Kleinhenz: “Consumers’ perception of the economy has improved, fueling retail activity.”
MMR honors Donna Tweeten with Lifetime Achievement Award
MMR proudly awards retail icon Donna Tweeten with a Lifetime Achievement Award.
Walmart completes $2.3 billion acquisition of VIZIO
“Pairing VIZIO’s innovative platform with Walmart Connect will amplify our ability to deliver impactful advertising solutions and invest further in the customer experience.”
Thanksgiving weekend draws 197 million shoppers, surpassing expectations
“Whether it’s tradition, the deals, or simply an activity with friends and family, consumers continue to embrace Thanksgiving holiday weekend shopping.”
H-E-B expands its Austin footprint with new stores, renovations and community investments
"We are incredibly excited to continue providing the greater Austin area with stores that are new, expanded, and remodeled.”
CVS Health names new leaders for pharmacy and consumer wellness businesses
Len Shankman is president of Pharmacy and Consumer Wellness (PCW), and Lucille Accetta is chief pharmacy officer.
Cofounder Tim Barry steps down as VillageMD CEO
Tim Barry, the co-founder and CEO of VillageMD, has left the company.
Target rolls out Cyber Monday deals with up to 50% off on holiday must-haves
“Our Cyber Monday sale invites families to shop for the season’s hottest gifts without stretching their budgets or adding to their busy schedules.”