By Aishwarya Venugopal, Diane Bartz and Abigail Summerville (Reuters) – Kroger Co snapped up Albertsons Cos Inc in a $25 billion deal on Friday, creating a U.S. grocery behemoth to better compete with leader Walmart Inc on prices while bracing for potential antitrust roadblocks. The mega merger between the No. 1 and 2 standalone grocers in the United States will bring under one roof nearly 5,000 stores that include banners such as Albertsons’ Safeway and Kroger-owned Ralphs and Fred Meyer. The… Source link
Read More »bne IntelliNews – Tech giant Yandex shakes up UK market with ultrafast grocer Yango Deli
A few years ago, the words ‘ultrafast grocery delivery’ would not have appeared together in the same sentence. Now, the sector is rapidly establishing itself as the third big disruptor of the grocery landscape since the 2008 financial crisis, following the revolutions ushered in by discounters and the proximity format. … Source link
Read More »bne IntelliNews – Tech giant Yandex shakes up UK market with ultrafast grocer Yango Deli
A few years ago, the words ‘ultrafast grocery delivery’ would not have appeared together in the same sentence. Now, the sector is rapidly establishing itself as the third big disruptor of the grocery landscape since the 2008 financial crisis, following the revolutions ushered in by discounters and the proximity format. … Source link
Read More »bne IntelliNews – Tech giant Yandex shakes up UK market with ultrafast grocer Yango Deli
A few years ago, the words ‘ultrafast grocery delivery’ would not have appeared together in the same sentence. Now, the sector is rapidly establishing itself as the third big disruptor of the grocery landscape since the 2008 financial crisis, following the revolutions ushered in by discounters and the proximity format. … Source link
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