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☆ Albertsons Seeks Online Safety With Kroger
▼ + stars: | 2022-10-13 | by ( Jinjoo Lee | ) www.wsj.com time to read: 1 min

Supermarket giant Albertsons ‘ potential combination with Kroger makes a lot of sense. So much sense, in fact, that perhaps investors shouldn’t bank on it just yet. Albertsons’ stock price jumped more than 11% after reports emerged on Thursday that Kroger was in talks to combine with Albertsons. Kroger’s shareholders were less enthused and its shares dipped slightly.

☆ Kroger deal to buy rival grocery company Albertsons could be announced this week
▼ + stars: | 2022-10-13 | by ( Melissa Repko | ) www.cnbc.com time to read: +2 min

Kroger could announce a deal to buy rival grocery company Albertsons this week, sources told CNBC's David Faber. The companies could announce the all-cash deal as soon as Friday morning, sources told Faber. Albertsons' market cap is about $14.9 billion. Its stores, which now include Amazon Fresh, still command a small percentage of the overall U.S. grocery market, but sparked a wave of investment. Kroger, for example, struck a deal with British online grocer Ocado to build huge robot-powered fulfillment centers to pick and pack online grocery orders.

☆ Kroger and Albertsons are reportedly in talks over a proposed merger that would swell the combined chain to a footprint of 5,000 stores
▼ + stars: | 2022-10-13 | by ( Áine Cain | ) www.businessinsider.com time to read: +2 min

Kroger and Albertsons are engaged in talks around a potential merger, Bloomberg reported. A merger would boost the joint chain to a store footprint of over 5,000 locations. Albertsons' latest annual SEC filing listed 2,276 stores as of February 26, 2022, under a total of 24 different banners. The merger alone would not make the combined chain the largest in the United States, however. The company's total retail units around the globe comes out to 10,593, as of January 31, 2022.

☆ Kroger in talks to buy Albertsons, sources tell CNBC
▼ + stars: | 2022-10-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKroger in talks to buy Albertsons, sources tell CNBCCNBC's David Faber reports on a potential deal and ongoing talks between Kroger and Albertsons, according to sources. The companies may agree to a deal as soon as this week, but it is not final, sources told CNBC's David Faber.

☆ Ocado shares jump over 10% on Kroger/Albertsons merger report
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +1 min

Kroger is in talks to merge with Albertsons, Bloomberg News reported, citing people familiar with the matter. Register now for FREE unlimited access to Reuters.com RegisterOcado struck a deal with Kroger in 2018 to help the U.S. firm ratchet up its delivery business with the construction of robotically operated warehouses. The initial deal saw Kroger identify at least 20 sites to build automated warehouses, or customer fulfilment centres (CFCs) as Ocado calls them, in the United States. Ocado reported in May that six Kroger CFCs were live. Register now for FREE unlimited access to Reuters.com RegisterReporting by James Davey; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Kroger-Albertsons merger to bring Fred Meyer, Safeway under one roof
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: 1 min

Oct 14 (Reuters) - Supermarket chain Kroger Co (<KR.N>) said on Friday it will buy smaller rival Albertsons Companies Inc (<ACI.N>) in a $24.6 billion transaction, in one of the biggest deals in the U.S. retail landscape in recent years. read moreThe merger would create a supermarket titan with expected annual sales of around $210 billion. Here are some key facts about the grocers:Register now for FREE unlimited access to Reuters.com RegisterReporting by Deborah Sophia in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

☆ Stocks making the biggest moves midday: Digital World, Domino's, Revlon, Albertsons and more
▼ + stars: | 2022-10-13 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

It was a 52-week low for the stock. Applied Materials – The chip stock turned 4% higher after hitting a 52-week low earlier on disappointing revenue outlook. Otonomy — The biopharmaceutical company shot down 56.1% after the company said a drug for hearing loss showed "no clinically meaningful improvement." Dish Network — The TV and wireless company hit a 52-week low, down 2%. The stock was at a 52-week low during day trading.

☆ France's AXA commits up to 200 mln euros to Monte dei Paschi cash call - sources
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: 1 min

Factbox: Mega merger talks turn spotlight on Kroger, Albertsons, article with imageDeals · October 13, 2022 · 4:52 PM UTC · undefined ago · undefined agoGrocery giant Kroger Co (KR.N) is to merge with smaller rival Albertsons Companies Inc (ACI.N), Bloomberg News reported on Thursday, in what would be one of the biggest deals in the U.S. retail landscape in recent years.

☆ Micro-Warehouse Provider Pivots as Retail Consumer Market Shifts
▼ + stars: | 2022-09-28 | by ( Liz Young | ) www.wsj.com time to read: +4 min

Israel-based robotics startup Get Fabric Ltd., which has placed so-called microfulfillment centers in New York City and Dallas, is focusing on selling its warehouse automation platform rather than building more specialized small distribution sites. Some companies leased vacant retail spaces for use as “dark stores” for fulfillment and delivery, while others opened smaller warehouses near population centers. The shift makes the niche logistics business the latest to see a business strategy that gained traction during the Covid-19 pandemic lose its momentum as consumers have resumed prepandemic buying habits. That has some retailers rethinking their heavy investments in online fulfillment. Takeoff Technologies Inc., a microfulfillment system provider, expanded its business in the past year, said co-founder and Chief Executive Max Pedró.

☆ Chipotle Mexican Grill will test robotic tortilla chip maker 'Chippy' in California restaurant
▼ + stars: | 2022-09-27 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Chipotle Mexican Grill is moving one step closer to having a robot make its tortilla chips. The burrito chain said Tuesday that it will test "Chippy," an autonomous kitchen assistant made by Miso Robotics, next month in a restaurant in Fountain Valley, California. Chipotle has already tested Chippy's ability to make and season its tortilla chips with salt and lime at its headquarters' innovation hub in Irvine, California. Today, workers at Chipotle restaurants fry and season the chips, which can be time consuming. Restaurants and retailers have been testing robotics and automation to speed up operations and reduce menial tasks for workers.

☆ Kroger is doubling down on its subscription delivery business as it weans itself off of Instacart. Here's a rundown of its other initiatives, from ghost kitchens to smart carts
▼ + stars: | 2022-09-26 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com time to read: +12 min

Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. ClusterTruckGhost kitchensIn December 2019, Kroger began improving its prepared meals offering by partnering with ghost kitchen startup ClusterTruck. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. But the firm, which tracks where consumers shop, said Kroger stores with the ghost kitchens are seeing an uptick in visits compared to neighboring Kroger branches.

☆ Costco and Albertsons are using this tech startup to reduce waste and lower carbon emissions
▼ + stars: | 2022-09-20 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

And much of that waste could be repurposed or recycled, if only it were better identified and sorted. That's where a startup called Smarter Sorting comes in. Using the Smarter Sorting data to determine exactly what is in the product, and especially if any ingredients are toxic, retailers and manufacturers can make more informed decisions on how best to handle its inevitable disposal. "Albertsons, one of our customers today, just released a sustainability goal report with four main pillars in it, and one of the main pillars for them is the reduction of food waste," said Claudia. Smarter Sorting's backers include Regeneration VC and G2 Venture Partners, with total funding to date of just over $55 million.

☆ Instacart rolls out high-tech shopping carts aimed at helping grocery stores compete with Amazon Go. Here are the strategies the company is investing in ahead of a reported IPO.
▼ + stars: | 2022-09-19 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com time to read: +11 min

One analyst described the goal as being a "one-stop shop" for grocery technology. Instacart is getting ready to go public, making new sources of revenue more important than ever for the grocery delivery startup. On Monday, the company rolled out an upgraded version of its smart shopping carts, Caper Cart. InstacartSubscriptionsNow called Instacart+, Instacart's subscription service costs about $10 per month or $99 per year. The startup makes checkout technology for both online and in-store use, including a smart shopping cart with scanning technology.

Today, there are 56 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated on June 30, 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.

☆ Why CVS and Walmart still print photos
▼ + stars: | 2022-09-10 | by ( Nathaniel Meyersohn | Cnn Business | ) edition.cnn.com time to read: +1 min

New York (CNN Business) Many aspects of drug stores and supermarkets feel like they're of another era. CVS CVS Walgreens WBA Walmart WMT In a time when most photos don't leave the confines of a smartphone,, Albertsons and other chains still offer photo prints, greeting cards, books, film processing and other services. Who needs to print photos anymore? Well, there's still demand from some customers: Photo services bring traffic into these retailers' stores, particularly during the peak holiday, graduation and wedding seasons. Around 4.2 billion 4'' x 6" prints alone will be developed at stores this year, he added.

☆ 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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