Grocery

Kroger Strikes $1.65B Deal to Acquire Giant Eagle

Kroger Strikes $1.65B Deal to Acquire Giant Eagle

Kroger has entered into a definitive agreement to acquire regional grocery chain Giant Eagle for $1.65 billion, marking the company’s first major acquisition since its proposed megamerger with Albertsons collapsed in 2024.

Why Perceived Value Matters More Than Pricing in the On-Premise

Why Perceived Value Matters More Than Pricing in the On-Premise

Perceived value is reality when it comes to beverage-alcohol sales in HMSHost’s more than 1,000 dining venues located in around 80 airports across the U.S., Tyler Pitman, SVP of concept development, brand partnerships and adult beverage shared earlier this month during Constellation Brands’ Gold Network Summit.

Circana: Craft Losses Worsen as Summer Starts

Circana: Craft Losses Worsen as Summer Starts

Craft beer dollar (-9.4%) and case sales (-10.9%) straddled double-digit declines in the grocery channel for the four-week period (L4W) ending June 15, according to the most recent monthly report from market research firm Circana.

Amazon Moves Whole Foods Leadership In-House

Amazon Moves Whole Foods Leadership In-House

Almost exactly eight years since acquiring Whole Foods Market, Amazon is on the verge of restructuring the natural grocery chain’s leadership.

Maryland Rep Proposes Convenience Surcharge on Grocery Beer Sales to Help Bill Along

Maryland Rep Proposes Convenience Surcharge on Grocery Beer Sales to Help Bill Along

Maryland lawmakers are considering a bill that would expand beer and wine sales licenses to the state’s grocery, convenience, mass retail and warehouse stores. However, House Bill 1379 “faced tough questioning in committee and faces a tough road to passage in the House,” Maryland Matters reported, citing a nearly three-hour debate over it last week.

Albertsons: D.C. Circuit Refuses To Pause Special Dividend

Albertsons: D.C. Circuit Refuses To Pause Special Dividend

A Washington, D.C. Circuit court panel sided with Albertsons on Tuesday refusing to impose an emergency pause on the grocery chain’s planned $4 billion shareholder dividend filed in the court a month and a half ago.

Watch: Kroger and Albertsons CEOs Take The Stand In Senate Hearing

Watch: Kroger and Albertsons CEOs Take The Stand In Senate Hearing

Grocery market competition, price reduction strategies for consumers, a sustainable plan for necessary divestments and the potential impact on the companies’ combined workforce were key points of contention as the CEOs of Kroger and Albertsons Companies each appeared before the Senate Judiciary Antitrust Committee last week to face tough questions about their companies’ proposed $24.6 billion merger.

Kroger/Albertsons: CEOs Face Merger Opposition In Senate

Kroger/Albertsons: CEOs Face Merger Opposition In Senate

The CEOs of Kroger and Albertsons Companies, Rodney McMullen and Vivek Sankaran, respectively, faced intense criticism from the Senate Judiciary Antitrust Subcommittee during a hearing Tuesday regarding their plans to execute commitments outlined in the proposed merger agreement.