August 20, 2024 โ U.S. retailer Kroger filed a motion for preliminary injunction against the U.S. Federal Trade Commissionโs (FTC) challenge of its merger with Albertsons, one week after confirming it would lower grocery prices by USD 1 billion (EUR 900 million) if the merger is approved.
Simultaneously, UFCW Local 555, a union representing grocery employees, pulled its support for the Kroger-Albertsons merger and voted to strike against Fred Meyer, a Kroger subsidiary.
August 7, 2024 โ Following on a ruling by a federal judge that temporarily halted a USD 25 billion (EUR 22.9 billion) merger of the Kroger and Albertsons grocery chains, a group of 25 U.S. legislators have filed an amicus brief calling for the deal to be blocked from advancing.
Colorado Attorney General Phil Weiser sued to block the proposed merger in mid-February, claiming the merger of the two retail giants would eliminate competition and impact prices, especially in Colorado.
April 28, 2024 โ Soon after the U.S. Federal Trade Commission sued to block the USD 24.6 billion (EUR 23 billion) proposed merger between retailers Kroger and Albertsons, the two companies said that they plan to divest more stores than originally planned in an attempt to get the merger passed.
Cincinnati, Ohio, U.S.A.-based The Kroger Co. and Boise, Idaho, U.S.A.-based Albertsons Companies have amended their divestiture agreement with C&S Wholesale Grocers to sell 166 additional stores to C&S.
September 12, 2023 โ Retail analysts and consumer groups believe the pending merger between massive U.S. grocery chains Kroger and Albertsons could negatively impact seafood suppliers and shoppers, warning that, if approved, it would result in fewer options for consumers, higher prices, less competition, and the possible shuttering of smaller grocery chains.
The proposed USD 24.6 billion (EUR 22.8 billion) merger, announced last October between Boise, Idaho, U.S.A.-based Albertsons and Cincinnati, Ohio, U.S.A.-based Kroger, would combine the forces of two companies that together operate 4,996 stores, 66 distribution centers, 52 manufacturing plants, 3,972 pharmacies, and 2,015 fuel centers across the U.S.
August 22, 2023 โ Cincinnati, Ohio, U.S.A.-based Kroger, the countryโs largest grocery chain operator, with more than 2,700 grocery stores, has become the top seller of sushi in the U.S.
Kroger sold 44 million sushi rolls in 2022, a spokesperson told Business Insider, even though Kroger only sells sushi at two-thirds of its outlets.
Read the full story at SeafoodSource
February 3, 2023 โ Recognizing that more Americans are preparing meals at home to save money, some U.S. retailers are promoting their seafood meals as an affordable option.
The share of home-prepared meals rose from 78.9 percent in November to 81.5 percent in December, according to IRIโs December Consumer Sentiment survey. Conversely, the share of households that purchased restaurant meals declined from 80 percent in November to 76 percent in December, according to IRI and 210 Analytics.
October 14, 2022 โ Two prominent U.S. grocery store chains will be merging, they announced on 14 October.
Krogerโs acquisition of Albertsons is likely to impact how the retailer sources its seafood products.
May 27, 2021 โ Thanks to increased demand for grocery products during the pandemic, several U.S. grocery chains are expanding.
Whole Foods Market plans to add nearly 40 new stores in several states, and has 10,000 open positions across the company, the Austin, Texas-based retailer said in a press release.
March 16, 2021 โ Almost exactly a year ago, Ian Amin, the senior director of supply chain for Home Chef, a Chicago, Illinois, U.S.A.-based meal kit and food delivery company, was driving to pick up a new puppy in Wisconsin when he received a call from his boss that would change the trajectory of his entire year.
Kroger, which bought Home Chef in 2018, was facing an acute food shortage as a result of panic-buying driven by the rapid spread of COVID-19 across the United States.
September 16, 2020 โ Kroger, Walmart, Target, Albertsons, and other major U.S. grocery chains are experiencing record e-commerce grocery sales. And while total grocery e-commerce sales declined in August, analysts expect stronger future growth.
U.S. grocery delivery and pickup sales for August totaled USD 5.7 billion (EUR 4.8 billion), down from their peak in June, according to the August 2020 Brick Meets Click/Mercatus Grocery Shopping Survey.
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