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☆ Outages from cyberattack at UnitedHealth's Change Healthcare extend to seventh day as pharmacies deploy workarounds
▼ + stars: | 2024-02-27 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +7 min

Change Healthcare's systems are down for the seventh day after a cyber threat actor gained access to its network last week. Change Healthcare offers tools for payment and revenue cycle management, and its system outages have disrupted operations in pharmacies and health systems across the country. Change Healthcare merged with Optum in 2022. Rising number of health-care cyberattacksThe attack on Change Healthcare comes after 2023 set a grim record for health-related cybercrime. Impact of Change Healthcare's breachUnitedHealth has not specifically disclosed exactly which Change Healthcare systems have been affected, but the fallout from the cyberattack has caused a ripple of problems across the U.S. health-care system.

Persons: UnitedHealth, John Riggi, Riggi, Cliff Steinhauer, Steinhauer, Cary Brazeman, Brazeman, hadn't Organizations: New York Stock Exchange, UnitedHealth Group, U.S . Securities, Exchange, Change Healthcare, Change, Optum, Healthcare, Palo Alto Networks, Google, CNBC, American Hospital Association, National Cybersecurity Alliance, CVS Health, Walgreens Locations: U.S, Palm Springs

☆ US government sues to block largest supermarket merger in history
▼ + stars: | 2024-02-26 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

New York CNN —The Federal Trade Commission on Monday sued to block the $25 billion deal between Kroger and Albertsons, alleging the largest supermarket merger in US history would lead to higher prices for consumers. The merger, announced in 2022, sought to combine the fifth and tenth largest retailers in the country. “This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years. With the FTC’s blessing, Haggen, a small supermarket chain in the Northwest with just 18 locations, bought 146 of the former Albertsons and Safeway stores. She criticized the FTC’s handling of Albertsons’ deal with Safeway, pointing to it as a prime example of the limitations of divestitures.

Persons: Harris Teeter, Fred Meyer, Kroger, Rodney McMullen, Henry Liu, Piggly, Khan, Lina Khan, Haggen, ” Khan, “ Organizations: New, New York CNN, Federal Trade Commission, Kroger, Albertsons, Safeway, Vons, Bureau of Labor Statistics, FTC, Walmart, Amazon, Costco, Competition, S Wholesale Grocers, Democrats, Republicans, Capitol Locations: New York, United States, Aldi, FTC’s, Northwest

☆ Cheese, yogurt and dairy recall: Here’s a list of items linked to Listeria outbreak
▼ + stars: | 2024-02-12 | by ( Mira Cheng | ) edition.cnn.com time to read: +5 min

CNN —Multiple large retailers, including Costco and Trader Joe’s, have recalled items containing dairy products from Rizo-López Foods Inc. due to possible Listeria contamination. Since then, the recall has expanded to include additional products made with the recalled yogurt, sour cream and cheese, such as dressings, sandwiches and salad kits. Brands and the products they have recalled in the past week include:• Sprouts Farmers Market: No Brand Chicken Street Taco Kit• SaveMart: Chicken Street Taco Kit• The Perfect Bite Co: Mexican Style Street Corn Bites• Stater Bros: Chicken Street Taco Kit• Fresh Express: Fresh Express Salsa! They can contact Rizo-López Foods Inc. directly with questions at 1-833-296-2233, and report adverse events to the FDA. This is not the first recall of Rizo-López Foods Inc. products related to Listeria, according to the CDC investigation.

Persons: Joe’s, •, Kit •, Tom Thumb, • Dole, Jack, Olive, • Marketside, Bacon, • Rojo’s, Don Pancho, Poblano Caesar, Tio Francisco, Don Francisco, Rizo, Campesino, Dos, Casa, Dr, Sanjay Gupta Organizations: CNN, Costco, López Foods Inc, Brands, • Albertsons, Safeway, Eagle, Star, HEB, Express, FDA, Rizo Bros, US Centers for Disease Control, CDC, Get CNN, CNN Health, Foods Locations: Vons, Marketside, Rio Grande , Food City, El, San Carlos, Santa Maria, Casa Cardenas, California, Texas, Hawaii

☆ What’s open and closed on Thanksgiving Day 2023
▼ + stars: | 2023-11-22 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Thanksgiving Day has looked different in recent years. Sights of people lining up at 5 pm Thanksgiving Day at large retailers to catch Black Friday deals are rare since the onset of the pandemic. Here’s what’s open and closed on Thanksgiving Day 2023. RetailTarget is closed on Thanksgiving Day. Brendan Smialowski/AFP/Getty ImagesPharmaciesMost Walgreens locations will be closed, marking the first time the pharmacy chain has closed stores on Thanksgiving day, it said.

Persons: Here’s, “, Brian Cornell, We’ll, John Furner, Nordstrom, Brendan Smialowski, Tom Thumb, Kroger, Felix Mizioznikov, – CNN’s Jennifer Korn Organizations: New, New York CNN, Walmart, NBC, CVS, Getty, Walgreens, CVS Health, ., Aid, Foods, Albertsons, Safeway, Aldi, Costco, Nasdaq, New York Stock Exchange, UPS, FedEx Locations: New York, Washington ,, AFP, Brenham , TX, USA, Texas, Alamy

☆ Tupperware preserves lessons for Mark Zuckerberg
▼ + stars: | 2023-08-25 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +3 min

REUTERS/Mike Blake (UNITED STATES - Tags: BUSINESS) Acquire Licensing RightsNEW YORK, Aug 25 (Reuters Breakingviews) - Tupperware Brands (TUP.N) is struggling to stop the rot. As much as technology has remade business strategies over the past 77 years, Facebook owner Meta Platforms (META.O) leans on a comparable one. Enter Brownie Wise, the saleswoman credited with pioneering the “Tupperware effect” of teaching women how to flog to their friends by hosting themed gatherings in their living rooms. Ironically enough, in the interim Tupperware also become the product of another modern network effect, a meme stock, or a highly speculative online investment. Tupperware has about a quarter of the active salesforce it did at the end of 2012, the same year Facebook bought Instagram.

Persons: Mike Blake, UNITED, –, Earl Tupper, Tupperware, Brownie Wise, Tammy Hembrow, June Cleaver, influencers, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav Organizations: Safeway Inc, Reuters, Tupperware, Meta, Pew Research, Facebook, Brands, Thomson Locations: Encinitas , California, Vons, Australian, Tupperware’s

☆ Kroger knows every purchase you've ever made – and says it could make millions of dollars selling your data
▼ + stars: | 2023-02-21 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Grocers like Kroger are gathering consumer data and selling it, The Markup reported. Kroger says that selling the data to advertisers could help it realize $1 billion in new profit. But the information, even without names attached, could violate customers' privacy. Both Kroger and Albertsons say that they give aggregate "de-identified" shopper data to their clients. Kroger, for instance, touts its data set on Hispanic consumers, among other "ethnic panels," on the website for its marketing arm.

☆ DoorDash is headed to Super Bowl, pushing its on-demand grocery business again. Here are 7 key moves it is making to dominate retail delivery after conquering restaurants.
▼ + stars: | 2023-02-12 | by ( Nancy Luna | ) www.businessinsider.com time to read: +13 min

In August 2020, DoorDash launched retail delivery with chains like 7-Eleven and Walgreens. Editor's note: On Sunday, DoorDash is airing its second Super Bowl commercial to promote its grocery delivery business. Lately, DoorDash has its sights set on a new prize — dominance in retail and grocery delivery. "We have more retail stores, grocery included, than any other platform in North America today." DoorDashDoubleDashA year after launching grocery delivery, DoorDash introduced DoubleDash.

WASHINGTON, Nov 29 (Reuters) - Skeptical lawmakers from across the political spectrum questioned executives at grocers Kroger Co (KR.N) and Albertsons Companies Inc (ACI.N) on Tuesday about their planned $25 billion merger amid concerns the tie-up could boost already-high food prices. The deal will be reviewed by the Federal Trade Commission to ensure it is legal under antitrust law. Stores under the Albertsons umbrella include Balducci's, Haggen, Kings, Safeway, Star Market, Tom Thumb, United Supermarkets and Vons, among others. The companies have also been criticized for a plan to give Albertsons' shareholders a $4 billion dividend payment. Senator Tom Cotton, a conservative Republican, criticized Kroger for the company's aprons with a design that appeared to support gay pride.

☆ Kroger and Albertsons want to create a grocery empire. The last supermarket mega-merger backfired
▼ + stars: | 2022-11-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

With the FTC’s blessing, Haggen, a small supermarket chain in the Northwest with just 18 locations, bought 146 of the former Albertsons and Safeway stores, including the one where Martinez worked. In an weird twist, Albertsons bought back dozens of the same stores it previously sold to Haggen in bankruptcy court — at a lower price. Now she worries Kroger will divest Ralphs as part of its merger with Albertsons in a repeat of the Haggen 2015 deal. To address antitrust concerns that the merger will stifle competition in local markets where they overlap, Kroger and Albertsons plan to divest stores. In 2015, Haggen bought a Vons grocery store (owned by Safeway at the time) in Carpinteria as part of the Albertsons and Safeway divestitures.

☆ If the Biden administration doesn't step in to block the $25 billion Kroger-Albertsons merger, it will be devastating for shoppers and grocery-store workers — while the rich shareholders will get rich
▼ + stars: | 2022-11-23 | by ( Paul Constant | ) www.businessinsider.com time to read: +6 min

Last month, Kroger announced a $25 billion deal to merge with grocery chain Albertsons. During the pandemic last year, local city councils in Long Beach and Seattle passed "hero pay" laws requiring grocery stores to pay their public-facing workers $4 extra per hour. Last month, Kroger announced a $25 billion deal to merge with Albertsons, another major national grocery chain. In the press release announcing the merger, Kroger promised that the consolidation would result in lower prices for customers and better compensation and benefits for workers. But the larger Kroger-Albertsons merger is still on track to conclude in 2024, unless the Biden administration steps in to stop it.

☆ Investors will reap billions if Kroger takes over Albertsons. Workers and shoppers may not be as happy.
▼ + stars: | 2022-11-05 | by ( Gretchen Morgenson | Gretchen Morgenson Is The Senior Financial Reporter For The Nbc News Investigative Unit. A Former Stockbroker | She Won The Pulitzer Prize In For Her | ) www.nbcnews.com time to read: +11 min

Wealthy investors in Safeway’s parent, Albertsons Companies, have done better. And next week, they were slated to reap a $4 billion cash dividend in connection with a proposed $25 billion takeover of Albertsons by rival Kroger. Based on that stake and the amount of the dividend, Cerberus stands to receive roughly $1 billion of the dividend payout. Six of Albertsons’ 14 directors who voted for the dividend are affiliated with the major investors. This is the last, best and final hope for a truly unionized chain.”Nervous about the pensionThe proposed $4 billion cash dividend is large by many measures.

☆ DoorDash is making 7 keys moves to dominate retail and grocery delivery after conquering restaurants — and creating new rivals in Instacart and Gopuff
▼ + stars: | 2022-10-27 | by ( Nancy Luna | ) www.businessinsider.com time to read: +12 min

In August 2020, DoorDash launched retail delivery with chains like 7-Eleven and Walgreens. Lately, DoorDash has its sights set on a new prize — dominance in retail and grocery delivery. DoorDash has leaned heavily into grocery, convenience-store, and retail delivery since launching these expanded services in 2020. "We have more retail stores, grocery included, than any other platform in North America today." DoorDashDoubleDashA year after launching grocery delivery, DoorDash introduced DoubleDash.

☆ What would a Kroger-Albertsons merger mean for grocery prices?
▼ + stars: | 2022-10-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

A Kroger-Albertsons merger could reshape the grocery industry. The companies say they will divest hundreds of stores in areas where they overlap to win regulatory approval. Albertsons has higher prices than Kroger and other grocers, analysts say, and they predict Kroger will try to reduce Albertsons prices to be more competitive against discount chains like Aldi. Antitrust advocates say the merger would force out competition and concentrate power among the largest chains, driving up prices. A Kroger-Albertsons merger would spark a fresh wave of mergers and acquisitions as companies seek to keep up, analysts predict.

☆ Premarket stocks: The housing market is a mess, but this isn't 2008
▼ + stars: | 2022-10-17 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

But within those reports, investors found ominous clues about the future of the housing market, underscoring fears of an upcoming crisis. “We’ve had a time of a red-hot housing market all over the country,” Fed President Jerome Powell told me in September. “For the longer term what we need is supply and demand to get better aligned so that housing prices go up at a reasonable level…and people can afford houses again. “This is the sharpest turn in the housing market since the housing market crash in 2008,” said Redfin’s chief economist, Daryl Fairweather, last month. What’s next: Investors will next look to housing starts data next week as an indicator of where the housing market is headed.

☆ Rafturile cu hârtie igienică se golesc din nou, pe fondul restricțiilor adoptate de autoritățile americane
▼ + stars: | 2020-11-21 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Rafturile cu hârtie igienică se golesc din nou, pe fondul restricțiilor adoptate de autoritățile americane, din California până la New York, care determină cumpărătorii să alerge după bunuri esențiale, relatează Reuters, transmite digi24.ro. Walmart a declarat că are disponibilități sub normal pentru hârtia igienică și produse de curățenie în unele comunități. „Walmart nu mai are șervețele Lysol, iar hârtia igienică s-a terminat din nou”, a spus Whitley Hatcher, 31 de ani, din Tucson, Arizona. La un Costco din Vancouver, Washington, nu se mai găsesc hârtie igienică, prosoape de hârtie, șervețele de curățat, mănuși și conserve de carne. 1 de hârtie igienică din SUA, a declarat că fabricile lucrează 24/7 pentru a satisface cererea.

Persons: . Walmart, Procter Organizations: Reuters, Cerberus Capital Locations: California, New York, Statele Unite, Walmart, Tucson, Arizona, Vancouver, Washington, Fresno, Los Angeles, SUA

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