Kroger Co.’s planned $25 billion acquisition of Albertsons Cos. “will rock the grocery category” if it’s approved, a new report says.
Placer.ai compiles and studies foot traffic data. Its data shows how dominant Kroger and Albertsons already are in several states and would be even more if combined. Beyond physical stores, Kroger and the rest of the grocery industry have been more focused than ever on digital sales since the global pandemic began nearly three years ago. The combination of Kroger and Albertsons would combine strengths in that category too, Placer.ai found.
“In-person visits are for physical stores what ad impressions are for websites: Each visit to the store creates an opportunity for the shopper to be exposed to a network’s various advertising channels – including in-store and digital ads, product sampling and more,” Placer.ai said in its report.
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Jayapal, lawmakers urge FTC to evaluate proposed Albertsons, Kroger mergerU.S. Representative Pramila Jayapal and others are urging the FTC to investigate the proposed Albertsons-Kroger merger. FOX13 You know if it goes through someon ftc is going to get paid for allowing this monopoly! Kind of like Ticketmaster… you some one had to be paid under that table. THEY MUST OWN A LOT OF AMAZON STOCK
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ACE Awards: Phoenix-based RPG Brands had 'perfect storm' for growth - Phoenix Business JournalRPG Brands, which encompasses Modern Flames electric fireplaces, Grand Canyon Gas Logs, and Wildfire Outdoor Living, saw revenue double from 2020 to 2021 and won the Rookie of the Year honors at the 2022 ACE Awards. Here's how the company's president set RPG Brands up for success.
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Merger of grocery titans: Cause of concern or a boon for consumers?The proposed $25 billion merger between Kroger — the parent company of Colorado’s largest retail grocery chain, King Soopers — and Albertsons, which operates Safeway, is raising q… Mergers are never a benifit for the customer. Fuck no. So,we may be paying less for fewer choices and junk/boxed food from a single source. We just came through a pandemic, still suffering from supply chain issues, and this seems like a good thing? Pfft, only if you're the bozo sitting behind the desk looking at numbers
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