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☆ Some San Francisco Safeway stores added gates barring shoppers from leaving unless they scan a receipt. It's an anti-theft measure that has spread across the UK.
▼ + stars: | 2023-07-19 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Safeway has installed receipt-scanning gates at some supermarkets in the San Francisco Bay Area. The technology has already been rolled out at multiple UK retailers, and shoppers are skeptical. A Reddit post from this spring, meanwhile, showed the gates at another Safeway location in San Francisco. Security gates at self checkouts is more common in the UKAcross the Atlantic in the UK, a handful of retailers already use the receipt-scanning gates at self-checkout areas. Some people have compared the security gates to Costco's receipt-checking system.

Persons: that's, Primark, Betty Yu, Alex Bitter Organizations: Safeway, San Francisco Bay Area, Service, California Safeway, San Francisco Chronicle, University of California, Daily, Morrisons, Costco, Sun, Twitter, Walgreens, CBS, KPIX, Area Locations: San Francisco Bay, Wall, Silicon, Bay, Berkeley, San Francisco ., Edinburgh, San Francisco

☆ $3 Million Homes in California
▼ + stars: | 2023-07-17 | by ( Angela Serratore | ) www.nytimes.com time to read: +1 min

Wine bars, a bakery, a breakfast spot with a train theme, a Whole Foods Market and a Safeway grocery store are all nearby. Driving to Napa or San Francisco takes an hour or more. Size: 2,983 square feetPrice per square foot: $1,004Indoors: A walking path connects the top of the long driveway to one of several patios and the home’s entrance. The front door opens into a foyer with a barrel-vault ceiling and new wide-plank French oak floors. The oak floors continue into a living area with more high ceilings and a wood-burning fireplace flanked by built-in bookshelves.

Organizations: Foods, Safeway Locations: Sebastopol, Freestone, Occidental, Wine, Bodega Bay, Napa, San Francisco, bookshelves

☆ Elizabeth Holmes now has a shorter prison sentence, but she'll still owe victims $452 million along with her former Theranos partner. She might never have to fully pay up.
▼ + stars: | 2023-07-12 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

A federal court ordered Elizabeth Holmes and Sunny Balwani to pay $452 million. Defendants hit with such orders to pay victims may see it come out of any eventual wages they earn. So how will Holmes and her former business partner Sunny Balwani navigate a $452 million restitution order? Former Theranos CEO Elizabeth Holmes arrives at federal court with her partner Billy Evans on November 18, 2022. According to the restitution order, Holmes and Balwani are responsible for $125 million in restitution to Murdoch, $40 million to Walgreens, and $14.5 million to Safeway.

Persons: Elizabeth Holmes, Sunny Balwani, Rupert Murdoch, Holmes, Daniel Richman, Evan Gotlob, Saul Ewing, Billy Evans, Justin Sullivan, Justice Department's, It's, Balwani, Insider's, Murdoch, Gotlob, There's Organizations: Morning, News Corp, Walgreens, Safeway, Forbes, Federal, Office, Columbia Law School, Justice, US, Prosecutors Locations: California, Arizona, Manhattan, Boston, Northern California

☆ I never thought I'd leave San Francisco, but the city feels broken. I'm glad I moved out and have no regrets.
▼ + stars: | 2023-07-06 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +4 min

In this as-told-to essay, Lisa Grotts describes leaving San Francisco after years of loving it. I moved to San Francisco in 1984. San Francisco has changed a lotLisa Mirza Grotts said she never expected to move out of San Francisco. Now that I'm not a San Francisco taxpayer, I don't have to complain about what goes on. Did you leave San Francisco recently?

Persons: Lisa Grotts, —, Lisa Mirza Grotts, It's, I'd, Willie Brown, I've, Grotts, Lauryn Haas Organizations: San, Service, Nordstrom, Safeway, lhaas Locations: San Francisco, Healdsburg , California, Williams, Sonoma, Healdsburg

No one was killed or injured in the early hour blasts in Washington's Northeast neighborhood, but all three places were damaged, police said in a statement. In one of the blasts, someone threw "a Molotov cocktail style object" at a Safeway store before fleeing in a vehicle, police said. The suspect's back was turned to the surveillance camera in that image and the face was not visible. In an editorial column last year, the Washington Post said that the regularity of violence and crime in Washington was "alarming" and posed a "serious problem." Reporting by Kanishka Singh in Washington; editing by Grant McCool and David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Kanishka Singh, Grant McCool, David Gregorio Our Organizations: Police, Safeway, Nike, Washington Post, Thomson Locations: Washington, U.S, Northeast, Maryland

☆ Stocks making the biggest moves before the bell: General Mills, Nvidia, AMD and more
▼ + stars: | 2023-06-28 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in premarket trading. General Mills — Shares dropped 3.9% following mixed fiscal fourth-quarter results. The Betty Crocker and Cheerios owner beat Wall Street expectations on earnings, reporting $1.12 in adjusted earnings per share against a Refinitiv consensus estimate of $1.07 per share. The Wall Street bank said Pinterest is making the strategic move to outsource monetization to third-parties to overcome its attribution and scale challenges, including a partnership with Amazon. ZoomInfo — Shares of the software company added 3.9% in premarket trading after Needham initiated coverage of ZoomInfo with a buy rating.

Persons: Mills, Betty Crocker, Biden, Wells, Pinterest, Goldman Sachs, Morgan Stanley, Needham, ZoomInfo, Yun Li, Jesse Pound Organizations: Safeway, Nvidia, Street Journal, iShares Semiconductor, Amazon Locations: San Anselmo , California, China

☆ DoorDash is changing how it pays its 13 million gig drivers – and will let customers boost tips after delivery
▼ + stars: | 2023-06-28 | by ( Nancy Luna | ) www.businessinsider.com time to read: +4 min

New features include giving customers the ability to edit tips after the delivery is complete. The company is also giving its gig workers the choice to earn their pay per hour, instead of by delivery order. Customers can add or increase a tip for drivers on the app up to 30 days after delivery. At DoorDash, consumers won't be able to reduce tips after delivery, the company said. DoorDash is also launching SNAP benefits for online payments for grocery delivery with brands such as Safeway, Albertsons, Meijer, Aldi, and 7-Eleven.

Persons: —, Rajat Shroff, DoorDash's, Shroff, Austin Haugen, Uber, Sergio Avedian, DoorDash, Cody Aughney, Aughney Organizations: Service, Consumers, Logistics, Dasher & Logistics, Safeway, Albertsons Locations: DoorDash, Los Angeles, Canada, Australia, Meijer, Aldi

☆ House Democrats press Walmart, Costco, Kroger to sell abortion pill mifepristone
▼ + stars: | 2023-06-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

In this photo illustration, packages of Mifepristone tablets are displayed at a family planning clinic on April 13, 2023 in Rockville, Maryland. House Democrats on Thursday called on Walmart, Costco , Kroger , Safeway and Health Mart to publicly commit to sell the prescription abortion pill mifepristone at their retail pharmacies. Goldman and Rep. Judy Chu, D-Calif., sent a letter asking the companies' CEOs to confirm by June 23 whether their pharmacies will get certified to sell the abortion pill. Democratic governors and senators asked the companies in March whether their pharmacies will get certified to dispense the medication. The largest retail pharmacies in the U.S. have found themselves increasingly caught in the middle of the national battle over abortion access, which was set in motion by the Supreme Court's decision to overturn Roe v. Wade last June.

Persons: Dan Goldman, Goldman, Judy Chu, Roe, Wade Organizations: House Democrats, Walmart, Costco, Kroger, Safeway, Health Mart, Drug Administration, FDA, Democratic, U.S, U.S . Constitution Locations: Rockville , Maryland, U.S, U.S .

☆ Elizabeth Holmes says she can't pay $250 a month in restitution after she's released from prison: report
▼ + stars: | 2023-06-13 | by ( Lauren Steussy | ) www.businessinsider.com time to read: +2 min

Along with Ramesh "Sunny" Balwani, Holmes was ordered to pay $452,047,268 in restitution. Elizabeth Holmes won't be able to afford $250 a month restitution payments when she's released from a Texas prison, her attorneys argued. It's common for funds like these to never fully be paid out, experts previously told Insider. This week, prosecutors proposed that Holmes pay it month-by-month upon her release, in $250 increments, Bloomberg reported. According to the original restitution order, Holmes and Balwani will have to pay $40 million to Walgreens, and $14.5 million to Safeway.

Persons: Elizabeth Holmes, Ramesh, Sunny, Balwani, Holmes, she's, Daniel Richman, wasn't, Rupert Murdoch Organizations: Prosecutors, Columbia Law School, Bloomberg, New York Times, Walgreens, Safeway Locations: Texas, Manhattan

☆ Elizabeth Holmes owes $452 million along with her former Theranos partner. She might never have to fully pay up.
▼ + stars: | 2023-06-04 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

WASHINGTON, June 1 (Reuters) - The U.S. Supreme Court on Thursday gave a boost to whistleblowers in their bid to revive lawsuits accusing pharmacy operators of knowingly overbilling government health insurance programs for prescription drugs at taxpayers' expense. Whistleblower advocacy groups as well as a number of states had said a Supreme Court ruling against the whistleblowers would make it easier for fraudsters to evade accountability for filing false claims to the government and risked undermining state-administered Medicaid programs. They also said both companies knew they were defrauding the government and worked to conceal their pricing practices. President Joe Biden's administration backed the whistleblowers in their appeal to the Supreme Court. Lawyers for the administration urged the justices to reverse the 7th Circuit, saying the ruling undermined the False Claims Act.

Persons: Clarence Thomas, Thomas Proctor, Tracy Schutte, Michael Yarberry, SuperValu, Joe Biden's, John Kruzel, Will Dunham Organizations: U.S, Supreme, Safeway Inc, Albertsons Companies Inc, SuperValu Inc, United Natural Foods Inc, Government, Conservative, Safeway, Circuit, Lawyers, Thomson Locations: Chicago

☆ Theranos founder Elizabeth Holmes just reported to a Texas prison to begin serving her 11-year sentence
▼ + stars: | 2023-05-30 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Elizabeth Holmes reported to a Texas prison Tuesday to begin serving her sentence of more than 11 years. The Theranos founder was convicted on four counts of fraud and conspiracy last year. Eight years after infamous blood-testing startup Theranos began to implode, its founder, Elizabeth Holmes, is now in prison. On Tuesday afternoon, Holmes reported to a minimum-security women's prison in Bryan, Texas, about 100 miles from Houston, where she grew up, to begin serving her sentence of 11.25 years, with an additional three years of supervised release. Balwani reported to a California prison in April to begin his nearly 13-year sentence.

☆ Elizabeth Holmes Must Report to Prison on May 30 and Pay Restitution
▼ + stars: | 2023-05-18 | by ( Lora Kelley | ) www.nytimes.com time to read: +1 min

The LatestElizabeth Holmes, the disgraced founder of the failed blood testing start-up Theranos, who was convicted last year on charges that she defrauded investors of more than $100 million, has lost her latest bid to stay out of prison while she appeals her conviction. Ms. Holmes, whose case cast a harsh light on Silicon Valley’s culture of hubris, must report to prison on May 30, a judge ruled after the U.S. Court of Appeals for the Ninth Circuit rejected her attempt on Tuesday to remain free on bail. Ms. Holmes and her top lieutenant at Theranos, Ramesh Balwani, who was found guilty of fraud in a separate trial and who began serving his prison sentence last month, were also ordered to pay $452 million in restitution to victims of the company’s fraud. Of that total, the judge, Edward J. Davila of the U.S. District Court for the Northern District of California, who oversaw both trials, determined that Ms. Holmes and Mr. Balwani should pay $125 million to the media mogul Rupert Murdoch, who invested in Theranos. Walgreens and Safeway, which had entered into business deals with the company, were also identified as victims for the purposes of restitution.

☆ Elizabeth Holmes and her ex-boyfriend and Theranos business partner have to pay $452 million in restitution, including $125 million to Rupert Murdoch
▼ + stars: | 2023-05-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Elizabeth Holmes and Sunny Balwani, her ex and former business partner, have been ordered to pay $452 million in restitution. Payments include $125 million to Rupert Murdoch, his full investment in Theranos, and $40 million to Walgreens. Elizabeth Holmes has been ordered to pay a hefty sum in restitution to victims of Theranos' fraud. The biggest amount by far is earmarked for media mogul Rupert Murdoch, who will get back the full amount he poured into Theranos, $125 million. Besides the restitution, Holmes and Balwani will serve time in prison.

☆ A court denied Theranos founder Elizabeth Holmes' request to stay out of prison after her attorneys claimed there were 'numerous, inexplicable errors' in her trial
▼ + stars: | 2023-05-17 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

A court denied Theranos founder Elizabeth Holmes' request to stay home while she appeals her conviction. Holmes was convicted of four counts of wire fraud and conspiracy to commit wire fraud in 2022. A court has ruled that Theranos founder Elizabeth Holmes has to go to prison, denying her request to stay home while she appeals her conviction. Holmes was convicted of four counts of an 11-count indictment in January 2022 related to her blood-testing startup Theranos, including wire fraud and conspiracy to commit wire fraud. In March 2018, Theranos, Holmes, and Balwani were charged with "massive fraud" by the SEC.

Lawyers for Kroger said in a filing in California federal court that the grocery store shoppers who sued over the deal have failed to define the relevant market necessary to evaluate grocery store competition and to identify how the acquisition would hurt consumers. The attorneys said the lawsuit was lacking "real-world facts." U.S. competition law "does not turn every grocery store consumer in the country into a roving antitrust enforcer," lawyers for Kroger told U.S. District Judge Vince Chhabria. State antitrust enforcers also are looking at the deal. The case is Whalen v The Kroger Co, Albertsons Companies Inc et al, U.S. District Court, Northern District of California, No.

☆ 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.

The stores that Kroger and Albertsons may sell could be worth more than $1 billion, the sources said. Kroger and Albertsons will choose to proceed with the spin-off if they are unable to strike a deal with a potential buyer. Kroger, Albertsons and the FTC declined to comment. Haggen filed for bankruptcy months later and blamed the deal with Albertsons for its demise. Albertsons then agreed to buy many of the Haggen stores back for $300 million.

☆ Shoppers at some Kroger, Lowe's, and Safeway stores may be able to unlock merchandise cases themselves — but only if they share their phone numbers first
▼ + stars: | 2023-02-07 | by ( Ben Tobin | Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Customers wait nearly two minutes on average to get assistance with locked-away items. New tech is rolling out at major brands to reduce the hassle in exchange for a cell phone number. Indyme says the Freedom Case is being tested at some Lowe's, Kroger, Safeway, and Family Dollar locations. Meanwhile, shopper Maureen Holohan told the Associated Press she's not quite sold on trading her phone number for access to buy beauty products. "If they're going to make it that hard to buy something, I'll find somewhere else to buy that."

☆ Grocery consumers sue to block Kroger’s $25 bln buy of Albertsons
▼ + stars: | 2023-02-03 | by ( Mike Scarcella | ) www.reuters.com time to read: +3 min

Kroger is the biggest grocer in the U.S. by revenue, and Albertsons is the second-largest supermarket chain. Nearly 5,000 grocery stores would be under one corporate umbrella if the deal, announced in October, goes through. A representative for Albertsons declined to comment on Friday, and a Kroger spokesperson did not immediately respond to a message seeking comment. Kroger operates stores under banners including Harris Teeter, Pay Less and King Soopers. U.S. antitrust law lets private consumers sue over proposed mergers and acquisitions, apart from any enforcement action brought by a state or federal agency policing competition laws.

☆ Albertsons Sales up 8.5% on Higher Prices
▼ + stars: | 2023-01-10 | by ( Will Feuer | ) www.wsj.com time to read: 1 min

Albertsons Cos. sales rose 8.5% in the recently ended quarter as higher prices for food and other household products continue to boost the grocer’s top line. The Boise, Idaho-based supermarket company, which operates its namesake stores as well as the Acme and Safeway chains, said identical sales—a metric that strips out store closings and openings—rose 7.9% in its fiscal third quarter.

☆ Kroger and Albertsons would likely shutter stores as part of a planned merger. See if your local store is at risk.
▼ + stars: | 2022-12-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Kroger and Albertsons could sell or close stores if their $20 billion merger is approved. A map showing Kroger and Albertsons stores KrogerIn some ways, the companies' store networks complement each other. As part of the deal, Kroger and Albertsons have agreed to sell up to 650 stores. Eliminating stores in those locations is one way that Kroger and Albertsons could cut costs as a combined company, he added. In order to get federal approval for their merger, Albertsons and Safeway had to sell just under 150 to another grocery chain.

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.

WASHINGTON, Nov 29 (Reuters) - Top executives at Kroger Co (KR.N) and Albertsons Companies Inc (ACI.N) on Tuesday defended their planned $25 billion merger before skeptical lawmakers who fear the deal would push up food prices at a time of high inflation. "A combined Kroger and Albertsons will remain at number four as we will continue to compete with these companies to sell groceries. Those same three competitors have nearly three times the share of grocery sales of Kroger and Albertsons combined," he said, according to written remarks. In that case, the companies were forced to sell 168 stores to ensure that competition would remain fierce and prices would not rise. The companies have also been criticized for a plan to give Albertsons' shareholders a $4 billion dividend payment.

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