Kroger and Albertsons announced they have entered into a definitive agreement with wholesale company C&S Wholesale Grocers, LLC for the sale of 413 stores, which should help to drive forward the completion of their planned merger. In addition to stores this will also include the sale of banners, eight distribution centres (DC’s), two regional offices and five private label brands “We are very...

Kroger’s Q2 results were driven by strong digital sales growth, the performance of its own brands and increased profit generated through alternative revenue streams. Here we explore those results in closer detail. Q2 key numbers Total sales decreased by 2.2% (year-on-year) to $33,853m Identical (ID) sales (ex-fuel) increased 1% Digital sales increased 12% Solid digital perform...

Walmart has launched a Generative AI-powered feature, My Assistant, to its home office associates in the US. The launch of ChatGPT by OpenAI last November has popularised the technology and led to a wave of new developments in our industry. Multiple use cases My Assistant has been developed to free up teams from undertaking monotonous and repetitive tasks. Walmart sees significant potential...