Albertsons made a “strategic decision” to abandon its in-house delivery fleet, and will start the transition on February 27, a spokesperson told Business Insider on Monday, which was first reported by local news outlet KNOCK. Last year, Albertsons called its workers “first responders” and pushed to get them priority access […]

Amazon purchased Whole Foods Market for an estimated $US13.7 billion in 2017. Founder and CEO John Mackey wrote about the merger in his new book “Conscious Leadership.” Mackey said that Whole Foods was looking for a buyer after hedge fund JANA Partners acquired 8.8% of the grocery chain’s stock. In […]

Hershey’s is preparing for a downturn in trick-or-treating candy sales by extending the Halloween shopping season at stores like Albertson’s. The company relies on Halloween for 10% of their sales, according to CNN Business. Visit Business Insider’s homepage for more stories. It might be the dog days of summer, but […]

Amazon, Target, and Safeway have offered employees a temporary bonus during the coronavirus pandemic. A number of retailers have instituted additional changes to their wage policies, like paying employees regardless of whether or not they come into work. Chains are increasingly desperate for workers as the COVID-19 pandemic continues to […]

Albertsons is preparing to go public again, The Wall Street Journal reported Monday. The company will decide in coming weeks whether or not it will proceed. An IPO could value the grocer around $US19 billion, The Journal reported. It would also provide private-equity investor Cerberus Capital Management with an exit […]

Albertsons Companies announced that the popular meal-kit subscription service Plated is set to phase out by the end of November, shifting the brand to become one of the grocery retailer’s private label products. The end of the subscription service was meant to make way for “a sharper focus on how […]

A watchdog report found evidence of PFAS, a class of toxic chemicals linked to cancer, in paper to-go boxes and one sandwich wrapper product at Whole Foods Market. Whole Foods immediately removed the items and said they were looking into replacements. The company said there was a “limited availability of […]

Several companies make DNA tests that claim to tell you how well you’ll respond to certain antidepressants based on your genetic profile. Two personalised medicine companies – Assurex and Genomind – offer some of the most popular tests and work with physicians and pharmacists to provide them to patients. A […]

America’s biggest retailers bring in billions of dollars in sales each year. A recent ranking in the National Retail Federation’s Stores magazine looked at the top 100 biggest retailers based on sales. Walmart,Kroger, and Amazon took the top three spots in the ranking, which used data from Kantar Consulting. The […]

Walmart has an opportunity to revitalize its online sales through a key category that other retailers will have more difficulty in: online groceries. The company’s “click & collect” option on its website will not only bring more online traffic, but also more customers off-line and into its stores, Credit Suisse […]

Fred Killingsworth, the CEO of brand agency Hinge, thinks retailers should stop fighting Amazon, and start embracing it. He said that it is hard for even the biggest retailers to compete with Amazon in ecommerce spending. Instead, he advocates for an approach that helps retailers leverage all the potential that […]

Rite Aid‘s stock rose Monday after Albertsons announced a deal to acquire the drugstore chain in a cash-and-stock deal. The resulting merger will bring in an expected $US83 billion in 2018 revenue. After the deal closes, Albertsons’ shares will be listed on the New York Stock Exchange. View Rite Aid’s […]

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