SN Top 10: Walmart, Walgreens, Kroger top the week's headlines
October 9, 2023
In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Former FTC policy director: Kroger, Albertsons merger is facing ‘a hurricane storm’. The Federal Trade Commission (FTC) could be leaning towards challenging the Kroger, Albertsons merger in court, and representatives on both sides are scheduled to meet this week to talk about the deal.According to reporting from Axios, two sources claim the FTC is not satisfied with the $24.6 billion deal, even despite Kroger and Albertsons’ recent divestiture of over 400 stores to C&S Wholesale Grocers.
Among other stories:
Village Super Market posts Q4 sales, profit growth
Dollar Tree to partner on seven New York solar power plants
Meijer gets into health insurance with new Blue Cross partnership
Rite Aid faces NYSE delisting amid share-price decline
In other news, Walmart will have more eyes on transactions at three locations in New Mexico where self-checkout lanes are being removed, reports Business Insider.Two of the stores located in Albuquerque were recently renovated to remove the self-checkout lanes, and a third store will be reconfigured later this month.
Other top stories:
Walmart CEO says Ozempic drug could be impacting grocery sales
Walmart plans to streamline corporate job titles, changes pay
Walgreens chief information officer departs, a year after he was first hired
UNFI removes president, continues transformation
You May Also Like