Stay up-to-date on the latest food retail news and trends
Subscribe to free eNewsletters from Supermarket News
Sponsored By
SN Top 10: Kroger, CVS, Walgreens top the week's headlines
November 6, 2023
10 Slides
Already have an account?
In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Kroger, Albertsons sound off on negative comments over pending merger. A recent listening session about the pending Kroger, Albertsons merger was filled with misleading information, according to an Albertsons spokesperson. Federal Trade Commission Chair Lina Khan and Colorado Attorney General Phil Weiser hosted the hour-long meeting in Denver, where several store workers and community members spoke out against the merger, but no one voiced support for the combining of the two companies, according to The Colorado Sun.
Among other top stories:
CVS, Walgreens both say pharmacist ‘walkout’ had minimal impact
Walmart to pour $9B into 1,400 existing stores
Are we on the verge of ‘Pharmageddon?’
The Fresh Market kicks off Thanksgiving meal promo early
In other news, new store openings and comparable-store sales gains of 4.3% helped fuel a 16.2% increase in adjusted net income for the third quarter at Publix Super Markets. On an unadjusted basis, net income more than doubled for the three-month period ending Sept. 30, to $833 million, vs. $394 million in the year-ago quarter. The Lakeland, Fla.-based retailer said that, excluding the impact of net unrealized losses on equity securities, net earnings for the third quarter of 2023 would have been $940 million, vs. $809 million in 2022.
More top stories:
Walgreens cuts bonuses amid financial weakness
5 things: Can Rite Aid recover?
UNFI names Andre Persaud as president and CEO of retail
Target offering Thanksgiving meal for under $25
You May Also Like
