Albertsons starts to assemble merger team, names SpinCo head

By Bill Wilson Source: Supermarket News Signs seem to point positively on the potential Kroger, Albertsons merger, as Albertsons continues to assemble its team around the $24.6 billion merger, according to reporting from the Philadelphia Business Journal. Former Acme Markets President Jim Perkins was recently named to lead SpinCo., the standalone public company which will contain [...]

2023-05-23T15:26:27+00:00May 23rd, 2023|Tags: , , , |

Kroger, Albertsons merger backlash intensifies with opposition from consumer group

By Bill Wilson Source: Supermarket News The list of those against the $24.6 billion Kroger, Albertsons merger continues to grow. The Center for Science in the Public Interest (CSPI), a consumer advocacy organization, is now calling on the Federal Trade Commission to block the merger, stating it “would result in [...]

Consumers Go Out More, Buy Less

By Lynn Petrak Source: Progressive Grocer While consumers may not be sticking as close to home as they were over the past few years, they are clinging to their real and digital wallets. That’s a conclusion from new research released by Circana, formerly IRI and The NPD Group. The latest [...]

2023-05-17T16:43:45+00:00May 17th, 2023|Tags: |

Supermarkets surpass Amazon in online food shopping satisfaction study

Source: Supermarket News The Feedback Group, which provides actionable stakeholder feedback, released findings from new national research conducted with 1,000 online food shoppers about their experience shopping for food and groceries. Supermarkets topped the list with an impressive overall satisfaction rating of 4.40 on a five-point scale. Amazon followed closely behind [...]

2023-05-12T15:49:56+00:00May 11th, 2023|Tags: , |

Could marijuana industry access U.S. banking system? Idea gets first Senate hearing before Sherrod Brown

By Sabrina Eaton Source: Cleveland.com Legislation that would let cannabis companies access the banking system got its first-ever Senate hearing on Thursday. Although marijuana has been legalized or decriminalized in many states, legal cannabis businesses’ inability to access the banking system forces many to “operate in the shadows,” observed Senate [...]

2023-05-12T15:50:15+00:00May 11th, 2023|Tags: , |

Biggest Grocery Union Opposes $20 Billion Kroger-Albertsons Deal

By Jaewon Kang Source: The Wall Street Journal The United Food and Commercial Workers International Union said it opposes the planned merger between Kroger and Albertsons, adding to tensions over the $20 billion supermarket deal. UFCW International, the biggest U.S. union representing grocery workers, is concerned about what President Marc [...]

2023-05-04T19:40:40+00:00May 4th, 2023|Tags: , , |

JBS USA Announces Creation Of JBS Sanitation

Source: Global Newswire JBS USA, a leading global food company, today announced the creation of JBS Sanitation, a full-service food safety and food plant sanitation company that will provide in-house sanitation services for JBS USA and Pilgrim’s facilities. JBS USA will immediately begin the transition of 10 facilities to JBS [...]

2023-05-04T19:42:12+00:00May 3rd, 2023|Tags: |
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