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SN Top 10: Aldi, Instacart, Target top the week's headlines
August 21, 2023
10 Slides
In this week’s recap of the Top 10 most popular Supermarket News articles, Aldi acquires Winn-Dixie, Harvey's Supermarket stores ranked as the week’s top story. Aldi expansion has reached historical heights, as the company announced today it has entered into a definitive agreement the acquire Southeastern Grocers’ Winn-Dixie and Harvey's Supermarket stores — a total of 400 locations across five states. Terms of the deal have not been disclosed.
Among other top stories:
Is Instacart finally getting an IPO?
Dollar General set to build massive distribution center in Arkansas
Target continues to struggle, but plan is working
CVS closing another location
In other news, as Walmart is prepping to report quarterly earnings results on Thursday, the multinational retail chain is also set to raise its full-year forecast as shoppers continue to grab essential items like groceries, reports Reuters. Walmart is the largest retailer measured by sales, and U.S. consumers are steadily raising its sales figures with their intentions to continue shopping at Walmart when compared to Costco and Target for essential products, according to a monthly survey conducted by brokerage Stifel in August.
Other top stories:
BJ’s launches ‘Absurdly Simple’ ad campaign
Amazon Pharmacy launches insulin savings program
Secretaries of states want FTC to block Kroger, Albertsons merger
Kroger and 80 Acres Farms partner to expand reach
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