A recent SupermarketNews article reported Kroger and Albertsons plan to merge in a deal valued at $24.6 billion.
According to the piece, the merger will combine two of the country’s largest supermarket retailers, “creating a national company with 4,996 stores, 66 distribution centers, 52 manufacturing plants, 2,015 fuel centers and more than 710,000 associates across 48 states and the District of Columbia.”
The merged entity also would be the fifth-largest retail pharmacy operator, with 3,972 pharmacy locations.
Given the histories of these two organizations, we’d expect the merger will result in a “bigger and better” solution!
Our last few posts have been about Market Basket, where employees and customers seem to have banded together to try to save the culture at Market Basket—a culture where service, low prices, and employee engagement are the norm. There is no clear outcome yet. But there are so many other stories about the supermarket industry…
According to a recent article in Retailing Today, for the fourth year in a row, Aldi’s has been recognized as the low price leader. But low prices aren’t the only story at Aldi’s. “Aldi maintained a top five ranking in the categories of good private label brands, accurate pricing and tags and sustainable environment / green policies. It also earned top-five rankings in three new Market Force categories such as courteous staff, fast checkout and nutrition/health information.”
And if you don’t have any Aldi’s near you, just wait!
According to this recent article, Aldi operates 1,300 stores in 32 states and plans to open 650 stores this year.