On Friday (Oct. 14), Kroger, the United States’ leading pure-play grocer, announced its merger with Albertsons in a $24.6 billion deal, adding the latter’s 2,273 stores to the former’s more than 2,700 stores, creating a super grocer. Get the Full Story Complete the form to...
Last week’s brief pre-season promotional push of big-screen TVs and gadgets has instantly and unceremoniously been replaced by both retailers with a mix of Hauntingly Good Prices on costumes and candy as well as a palette of fall fashion in orange, red and gold. Get...
Just days after a report said that greatly needed warehouse construction may be slowed by municipalities concerned about traffic and pollution, another report explained the two-year boom in demand for warehouse space is showing the first signs of slowing. Get the Full Story Complete the...
Amazon said shoppers bought more than 100 million items during its Prime Early Access Sale this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Two of the country’s biggest supermarket chains, Albertsons and Kroger, are reportedly in talks to merge in a deal that could have a potential market value of about $50 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In the fight for share of stomach, the leading pure-play grocers are teaming up against mega-retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
A shift is emerging between grocers that have the resources and the scale to make a subscription model possible, and smaller brands for which a more traditional loyalty model is still the most effective tool within their reach. Get the Full Story Complete the form...
In what could be characterized as the latest entry in the “COVID-19 Changed Everything” file, Walgreens Boots Alliance said Thursday (Oct. 13) that it is simplifying its operations under three business segments as part of its transformation to become a “consumer-centric healthcare” company. Get the...
Home furnishings company Ikea said retail sales have picked up over the past year as the world has reopened, but inflation has led to higher prices and supply chain issues have made it difficult to put products on the shelves. Get the Full Story Complete...