Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
Coresight Research’s annual year-ahead outlook concludes a substantial proportion of retailers will move toward a unified strategy supporting seamless transitions connecting shopper touch points while leveraging emergent technology in consumer service and...
Kroger Co. reported it has terminated its merger agreement with Albertsons and provided an overview of its next steps after Albertsons announced it had withdrawn from the proposed deal. The moves come after the United States District Court in Oregon granted the U.S....
A United States District Court in Oregon has blocked the merger of The Kroger Co. and Albertsons Cos., citing the combination’s threat to grocery sector competition. In a response, Albertsons announced it has terminated the merger agreement and filed suit against...
The Kroger Co. posted positive identical sales and adjusted earnings despite lower overall sales in its third quarter as it continues to address litigation and regulatory action related to its proposed merger with Albertsons Cos. Company net earnings were $618...
