The planned but failed Kroger-Albertsons merger captured headlines in the grocery sector in 2024, and the latter is scheduled to announce its third-quarter results Wednesday (Jan. 8). But as the grocery industry begins 2025, retailers are focused on enhancing customer experiences, especially through personalized services...
Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger. The company said Wednesday (Dec. 11) that it has filed a lawsuit in the Delaware Court of Chancery, accusing Kroger of breach of contract. The suit came one day after...
A federal judge has blocked Kroger’s $24.6 billion acquisition of Albertsons on Tuesday (Dec. 10), citing concerns that the deal would reduce competition in the U.S. grocery market, Bloomberg reported. U.S. District Judge Adrienne Nelson ruled in favor of the Federal Trade Commission (FTC), which...
Despite Kroger’s third-quarter results taking a slight a dip, digital growth is still making a splash. Kroger’s digital transformation continues to show promising results as digital sales surged by 11%, driven by strong performance in customer fulfillment centers (CFCs) and a boost in delivery sales,...
January 08, 2025
Under CEO Vivek Sankaran, Albertsons has invested heavily in digital transformation, customer engagement, and operational efficiency. Even after the halt of the proposed merger with Kroger, the company remained committed to expanding its digital capabilities, improving customer experiences and positioning itself for long-term growth. “While we are disappointed the merger was terminated, we never stopped […]
January 07, 2025
The planned but failed Kroger-Albertsons merger captured headlines in the grocery sector in 2024, and the latter is scheduled to announce its third-quarter results Wednesday (Jan. 8). But as the...
November 07, 2024
Consumer expectations around shopping are changing, with higher demand for personalized, artificial intelligence (AI)-driven experiences that offer convenience, customization and efficiency. A PYMNTS Intelligence report, “Getting to Know You: How...
May 27, 2024
As we approach the middle of the year, here are five of the major ways that the retail landscape has changed in 2024 so far. Amazon Pivots on ‘Just Walk...
December 11, 2024
Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger. The company said Wednesday (Dec. 11) that it has filed a lawsuit in the Delaware Court of Chancery, accusing Kroger of breach of contract. The suit came one day after a judge blocked Kroger’s planned acquisition of Albertston’s, pointing to […]
December 10, 2024
A federal judge has blocked Kroger’s $24.6 billion acquisition of Albertsons on Tuesday (Dec. 10), citing concerns that the deal would reduce competition in the U.S. grocery market, Bloomberg reported....
October 08, 2024
The Kroger Co. added Disney streaming options to its paid membership program. New enrollees and existing members of Boost can select Disney+ Basic (With Ads), Hulu (With Ads) or ESPN+,...
August 15, 2024
Kroger has reportedly doubled the value of price cuts it has committed to making if its merger with Albertsons goes through. The grocery store operator plans to lower prices by...
