grocery stores

Walmart Sells U.K. Supermarket Chain Asda
M&A

Walmart Sells U.K. Supermarket Chain Asda

The deal values the grocer at $8.8 billion.
By Lauren Muskett | October 2, 2020
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Food, Glorious Food: The Quiz
The Quiz

Food, Glorious Food: The Quiz

Test your grocery industry knowledge in our monthly quiz.
By CFO Staff | April 22, 2020
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Albertsons Files for IPO, Shows Sales Growth
IPOs

Albertsons Files for IPO, Shows Sales Growth

“We are proud of the progress we have made over the past few years, and believe we have a long runway for growth ahead of us."
By Matthew Heller | March 9, 2020
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Apollo Adds French Stores to Grocery Assets
M&A

Apollo Adds French Stores to Grocery Assets

The $529 million acquisition of 32 stores from Casino Group comes less than a week after the private-equity firm bought Smart & Final.
By Matthew Heller | April 23, 2019
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Kroger Shares Soar on Big Q1 Earnings Beat
Financial Performance

Kroger Shares Soar on Big Q1 Earnings Beat

The grocery store chain says its Restock Kroger plan has gotten off to a "fantastic start," with digital sales, a key focus, up 66% in the first quarter.
By Matthew Heller | June 21, 2018
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Amazon Looms Over Albertsons-Rite Aid Deal
M&A

Amazon Looms Over Albertsons-Rite Aid Deal

The grocery store operator and the drugstore chain are combining to create a retailer with 4,350 pharmacy counters and $83 billion in annual revenue.
By Matthew Heller | February 20, 2018
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Kroger Profit Slips 8% Amid Discounting War
Financial Performance

Kroger Profit Slips 8% Amid Discounting War

Same-store sales were up 0.7% in Q2 and Kroger's price cuts "have helped the grocer grow its market share in a very competitive environment."
By Matthew Heller | September 8, 2017
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Whole Foods Appoints New CFO, Directors
Strategy

Whole Foods Appoints New CFO, Directors

Under pressure from investors, the grocer is attempting to rebound from seven consecutive quarters of declining same-store sales.
By Matthew Heller | May 11, 2017
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Supervalu Buys Unified to Expand Wholesaling
Strategy

Supervalu Buys Unified to Expand Wholesaling

Unified Grocers gives Supervalu a significant West Coast presence as it continues its shift away from retailing.
By Matthew Heller | April 11, 2017
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Whole Foods Same-Store Sales Slide 2.4% in Q1
Strategy

Whole Foods Same-Store Sales Slide 2.4% in Q1

The grocer's sixth straight quarterly decline reflects competition from conventional chains offering organic foods at lower prices.
By Matthew Heller | February 9, 2017
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Supervalu Sells Save-A-Lot Chain for $1.37B
Strategy

Supervalu Sells Save-A-Lot Chain for $1.37B

The sale to Canadian private equity firm Onex Corp. will allow Supervalu to focus on its slower-growing grocery wholesale business.
By Matthew Heller | October 19, 2016
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Kroger Expands in Midwest With Roundy’s Deal
Strategy

Kroger Expands in Midwest With Roundy’s Deal

The $178 million transaction continues Kroger's strategy of acquiring regional supermarket chains to further growth.
By Katie Kuehner-Hebert | November 11, 2015
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Haggen Sues Albertsons Over Supermarket Deal
Risk & Compliance

Haggen Sues Albertsons Over Supermarket Deal

The $1 billion suit intensifies a legal battle that has followed Haggen's acquisition of 146 Albertsons stores.
By Matthew Heller | September 2, 2015
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