grocery

U.K. Grocer Morrisons Accepts Bid From CD&R
M&A

U.K. Grocer Morrisons Accepts Bid From CD&R

Clayton Dubilier & Rice's $9.5 billion offer for the No. 4 U.K. grocery chain tops a bid from rival private equity group Fortress Investment Group.
By Matthew Heller | August 20, 2021
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Grocery Retailer Albertsons Plans to Raise $1.3B in IPO
IPOs

Grocery Retailer Albertsons Plans to Raise $1.3B in IPO

The company will be valued anywhere between $10.45 billion and $11.61 billion based on the lower and upper ranges of its IPO price.
By Vincent Ryan | June 19, 2020
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Instacart Worth $14B After Latest Financing Round
Technology

Instacart Worth $14B After Latest Financing Round

The COVID-19 pandemic created a "massive shift" in the grocery industry space, Instacart says.
By Vincent Ryan | June 12, 2020
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Walmart Shares Jump 9% on ‘Banner’ Quarter
Financial Performance

Walmart Shares Jump 9% on ‘Banner’ Quarter

U.S. same-store sales rose 4.5% — the best growth in more than a decade — amid a particularly strong performance in Walmart's grocery business.
By Matthew Heller | August 16, 2018
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Walmart’s E-Commerce Sales Jump 60% in Q2
Financial Performance

Walmart’s E-Commerce Sales Jump 60% in Q2

The retail giant has made aggressive moves to compete with Amazon and now offers online grocery in more than 900 U.S. locations.
By Matthew Heller | August 18, 2017
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