SN Top 10: Kroger, Albertsons, Rite Aid top the week’s headlines
July 29, 2024
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In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Kroger, Albertsons $24.6B merger temporarily blocked by Colorado judge. The Kroger, Albertsons merger was postponed on Thursday by a Colorado judge, who granted a preliminary injunction for a hearing in August.
Among other top stories:
What impact would the Kroger, Albertsons merger have on gas stations?
Food Lion unveils new grocery store in Garner, North Carolina
Albertsons reports $24.3B in revenue, misses the mark on earnings
Rite Aid closing 50 more stores in Ohio and Michigan
In other news, there is a phenomenon happening in the dairy sector. For the first time since pre-pandemic days, dollar and volume sales could both be up for dairy milk even though prices are on the downswing. And those increases are happening without much grocery promotion. According to Circana, a Chicago-based marketing research firm, about 30% of dairy sales are due to promotion, and for dairy milk that number sits at just 9%.
More top stories:
Walmart, Kroger are part of expanded produce recall
Sliced deli meats may be behind multistate Listeria outbreak
How is mental strain affecting food purchases?
Amazon Fresh continues rapidly opening stores