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Save A Lot Completes Transition to Wholesaler with Sale of 18 Stores

Retail TouchPoints

Save A Lot has relicensed its 18 remaining corporate-owned supermarkets, completing its strategy of shifting ownership and operations of all locations to independent licensed ownership. The time was right for us to step fully into our role as a licensed wholesaler and put all operations in the hands of our dedicated retailers.”

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BJ’s Wholesale Club to Power Up Shelf-Scanning Robots at All Locations

Retail TouchPoints

BJ’s Wholesale Club has entered a partnership with Simbe to roll out the solution provider’s automated business intelligence robot, Tally, to all 237 stores. The retailer plans to utilize the AI-powered solution to provide greater visibility into club conditions and drive deeper business insights.

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Woolworths plans $370 million rebrand, upgrade of its NZ store network

Inside Retail

The rebranding is part of a $370 million, three-year transformation plan for the company which will see older stores revamped and an upgraded customer loyalty program. The post Woolworths plans $370 million rebrand, upgrade of its NZ store network appeared first on Inside Retail.

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Colorado Court Puts Kroger-Albertsons Merger on Hold

Retail TouchPoints

A Denver District Court judge has stopped the Kroger-Albertsons merger in its tracks, cancelling a planned Aug. I am pleased that Kroger and Albertsons agreed to halt their plans to merge until the court rules on the state’s lawsuit to permanently block the grocery merger,” said Phil Weiser, Attorney General of Colorado in a statement.

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Kroger, Albertsons Delay Merger Timeline to August as They Negotiate with Regulators

Retail TouchPoints

The planned $24.6 billion merger of supermarket giants Kroger and Albertsons has faced pushback from federal regulators, state Attorneys General and labor unions practically from the moment it was first announced in October 2022. Top execs from both companies defended the merger in testimony to a U.S.

Grocer 264
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To Make Merger More Palatable, Kroger and Albertsons Boost Store Divestment Count

Retail TouchPoints

billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The updated plan also seeks to address unions’ concerns about the merger’s impact, including the United Food and Commercial Workers International Union, which voted to oppose the merger in May 2023.

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FTC Seeks to Block $24.6 Billion Kroger-Albertsons Merger

Retail TouchPoints

billion Kroger acquisition of Albertsons , calling the deal — the largest supermarket merger in U.S. This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years,” said Henry Liu, Director of the Bureau of Competition at the FTC in a statement.

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