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US grocers urge regulators to act on buyer power in food retail
Yahoo Finance· 2026-02-03 09:24
Core Viewpoint - The National Grocers Association (NGA) has urged the US Federal Trade Commission (FTC) and Department of Justice (DOJ) to enhance enforcement of antitrust laws to combat harmful buyer power abuses in the grocery retail sector [1][2]. Group 1: Buyer Power Concerns - The NGA's letter warns that dominant market players may exploit their purchasing leverage, harming competition and raising costs for rivals, which ultimately leads to higher food prices for consumers and independent grocers [2][5]. - The association calls for the application of established antitrust provisions, such as the Robinson-Patman Act, to address discriminatory pricing practices and preferential treatment by large grocery buyers [3][4]. Group 2: Impact on Competition - Lax enforcement of antitrust laws has allowed dominant retailers to secure preferential pricing and terms that are inaccessible to smaller competitors, distorting normal pricing dynamics [4]. - The NGA argues that such buyer power practices directly impact the competitiveness of independent grocers, narrowing the market for smaller chain and family-owned stores [5]. Group 3: Effects on Food Prices and Supply Chain - The NGA asserts that unchecked buyer power contributes to higher consumer prices and reduced food access, particularly in smaller and rural communities [6]. - Research highlighted by the NGA indicates that markets with higher retail concentration experience faster price growth and stronger inflation pass-through, suggesting that reduced competition elevates long-term grocery costs [6]. - Excessive buyer power can negatively affect producers and farmers by suppressing upstream prices while increasing costs downstream, impacting the broader food supply chain [7].
Kroger Reveals Top Party Picks and Savings for the Big Game
Prnewswire· 2026-02-02 16:00
Core Insights - Kroger is launching exclusive game day snacks, including Flamin' Hot Boneless Chicken Wings and a Champion Chip Collection, aimed at enhancing the Big Game experience for customers [1][4][5] Product Offerings - Flamin' Hot Boneless Chicken Wings combine the popular Flamin' Hot flavor with premium boneless chicken wings, marking a first in the chicken wing category [4] - The Champion Chip Collection features unique flavors such as Pigs in a Blanket, Mozzarella Sticks, and Buffalo Wings, designed to appeal to game day fans [4] - A variety of snacks, including Kroger Kettle-Style Tortilla Chips with Queso Blanco, are recommended to cater to different tastes during the game [4] - New Private Selection Three Meat Roman Inspired Pizza is highlighted as a quick and satisfying option for game day [4] - Beverage options include Big K Orange Caffeine Free Soda and Mountain Dew Baja Blast Cabo Citrus, among others, to keep the party lively [4] - Private Selection Sushi and dessert options like Bakery Fresh Brownie Bites and Waffle Bowls with ice cream are also part of the game day offerings [4] Promotions and Pricing - Kroger is implementing special promotions, digital coupons, and personalized deals to make shopping for the Big Game easy and affordable [5] - Specific pricing includes T-bone steaks at $9.99 per pound and whole boneless beef brisket as low as $2.99 per pound, with various BOGO offers available [4][9] - Weekly digital deals feature items like large ripe Haas avocados for as low as 88 cents and Kroger Chicken Party Wings at $6.99 [9] Company Commitment - Kroger emphasizes its commitment to providing high-quality products at low prices, ensuring customers do not have to compromise on quality for savings [5] - The company operates with a purpose to feed the human spirit and serves over 11 million customers daily through various retail formats [7]
Trader Joe’s surpasses Publix in customer satisfaction ranking
Supermarket News· 2026-01-30 18:49
Core Insights - Trader Joe's has achieved the highest customer satisfaction score among grocery retailers, with a score of 86, surpassing Publix, which scored 84 for the second consecutive year [2][3] Group 1: Company Performance - Trader Joe's score increased by 2% year over year, reflecting its successful national expansion despite potential operational strains [2][3] - H-E-B was the only other grocer in the top 10 to improve its score, rising from 82 to 83 [2] - Save A Lot showed the largest year-over-year improvement, increasing its score from 75 to 78 [3][4] Group 2: Competitor Analysis - Publix maintained its position but did not improve, scoring 84 for the second year [2] - Wegmans experienced a significant drop in satisfaction, falling from 83 to 78, attributed to financial pressures and operational complexities [5] - Other top competitors like Sam's Club, Whole Foods, ShopRite, and Target all saw a 1% decline in their scores [2] Group 3: Regional Performance - Sam's Club led the South with a regional score of 84, outperforming its national score of 82 [7] - Aldi ranked first in the Midwest, followed by Hy-Vee and Meijer, both scoring 78 [6] - Trader Joe's retained the top position in the West with a score of 87, a 4% increase year over year [7] Group 4: Customer Satisfaction Trends - Overall customer satisfaction ratings improved in several categories from 2025 to 2026, including store hours (85), pickup process (85), and mobile app reliability (85) [8] - Categories such as staff courtesy and checkout speed also saw increases, indicating a positive trend in customer experiences across the board [8]
Costco Launches First Same-Day Websites in France and Spain with Instacart
Prnewswire· 2026-01-30 14:00
Core Insights - Instacart and Costco have expanded their partnership into Europe, launching Costco's first same-day delivery websites in France and Spain, utilizing Instacart's Storefront Pro technology [1][3] - This expansion allows Costco members in these countries to shop online and receive same-day delivery from local Costco locations, enhancing convenience and access to products [2][3] Group 1: Expansion Details - Costco members in France and Spain can now place orders directly through Costco's websites, with deliveries fulfilled from local stores [2] - The initial rollout includes delivery from all Costco locations in France and Spain, covering major cities such as Paris, Mulhouse, Bilbao, Madrid, Seville, and Zaragoza [1] - Instacart's technology and fulfillment services are now being introduced in Europe for the first time, marking a significant step in its international expansion [1][4] Group 2: Technology and Services - Instacart's Storefront Pro is an enterprise-grade commerce platform that enables retailers like Costco to efficiently scale their online ordering and delivery programs [4] - The partnership aims to provide a seamless shopping experience for members, with same-as-in-store pricing and a flat service fee per order [2][3] - Instacart's technology supports hundreds of grocers' e-commerce sites in North America and is now extending its capabilities to European markets [4]
Jeff Bezos's Net Worth Jumps $5.7 Billion As Amazon Shares Rise On Plans To Shutter Stores
Yahoo Finance· 2026-01-29 15:31
Core Insights - Amazon's shares rose following the announcement of plans to close physical stores, leading to a significant increase in Jeff Bezos' net worth by $5.7 billion to $266 billion [1][3]. Company Strategy - Amazon is shifting its grocery strategy by closing Amazon Go and Amazon Fresh stores, focusing instead on enhancing its online same-day delivery service [3]. - The company plans to open over 100 new Whole Foods locations in the coming years, indicating a dual approach of expanding both delivery and physical store presence [3]. - This strategy aims to strengthen Amazon's competitive position against major retailers like Walmart, Target, and Costco [3]. Market Impact - The closure of physical stores and the shift to delivery services are expected to put pressure on competitors such as Instacart [4].
Kroger Fuels Protein Goals with Expanded Simple Truth™ Line Now Featuring More Than 110 Items
Prnewswire· 2026-01-29 15:15
Core Insights - The Kroger Co. has expanded its Simple Truth™ Protein product line to over 110 offerings, introducing 24 new affordable and nutritious items aimed at supporting customers' health and wellness goals in the new year [1][2] Product Offerings - The new Simple Truth™ Protein products include: - High Protein Cereal: 14g of protein, 6g of fiber, and 1g of sugar per serving, available in Cinnamon or Berry flavors [6] - Beef Sticks: Made from 100% grass-fed beef, providing 9g of protein per serving, available in Original and Jalapeño flavors [6] - Protein + Electrolyte Water Enhancers: Containing 9g of protein per serving, less than 1g of sugar, and no artificial sweeteners, available in Strawberries and Cream or Mango Passionfruit flavors [6] - Protein Cottage Cheese: 21g of protein per 5.6oz serving, designed as a nutritious snack [6] - Protein Energy Bars: Offering 20g of protein with no added sugar, available in Peanut Caramel, Cookie Dough, and Chocolate Caramel flavors [6] Company Commitment - Kroger emphasizes its dedication to providing high-quality, affordable options that align with customers' lifestyles and wellness goals, reinforcing its commitment to health and nutrition [2][4]
Amazon Shifts Grocery Focus To Online And Whole Foods As It Closes All Fresh And Go Stores
Forbes· 2026-01-28 22:01
Core Insights - Amazon is discontinuing its Fresh grocery and Amazon Go convenience store concepts to refocus its grocery strategy on online delivery and Whole Foods [1][2] Group 1: Store Closures - Amazon will close all 57 Amazon Fresh stores and 15 Amazon Go locations due to the failure to provide a "truly distinctive customer experience" [2] - Some of the closed Amazon Fresh locations will be converted into Whole Foods stores [3] Group 2: Strategic Shift - Amazon aims to narrow the gap with Walmart, which holds a 21% market share in groceries, by enhancing online sales and quick delivery, while expanding its Whole Foods Market business [4] - Whole Foods has seen over 40% sales growth since Amazon's acquisition for $13.7 billion in 2017, and Amazon plans to add over 100 more Whole Foods locations in the coming years [4] Group 3: Online Grocery Performance - Amazon served over 150 million grocery customers last year, generating $150 billion in gross grocery and everyday-essentials sales [4] - The company introduced same-day delivery in over 5,000 U.S. cities and plans to expand this service in 2026 [4] Group 4: Technology and Market Position - Amazon Go's "Just Walk Out" technology has been licensed to over 360 third-party locations, despite the Go stores not gaining enough traction for further expansion [5] - Amazon Fresh supermarkets struggled to differentiate themselves from mainstream grocery stores, unlike Whole Foods, which has a clear market identity [6]
Amazon Still Doesn’t Understand Brick-and-Mortar Retail
MINT· 2026-01-28 19:19
(Bloomberg Opinion) -- The day Amazon.com Inc. announced in June 2017 that it was acquiring Whole Foods for almost $14 billion, employees of the natural grocer packed into the company’s Austin headquarters to meet their new bosses.John Mackey, the Whole Foods Chief Executive Officer at the time, introduced Jeff Wilke, Amazon’s CEO of Worldwide Consumer, who tried his best to connect with his foodie audience. “As I was sitting this morning, eating breakfast, watching the sun rise over this beautiful city—by ...
Amazon Just Scrapped 'Fresh' To Bring The Fight Straight To Walmart
Benzinga· 2026-01-28 14:09
Amazon.com Inc (NASDAQ:AMZN) is shutting down the lab and funding the battlefield. After years of experimenting with Amazon Fresh and Amazon Go, CEO Andy Jassy is pulling the plug on the underperformers and redirecting capital toward a 100-store Whole Foods expansion and a new physical "retail supercenter" concept. For investors, this isn't about retail aesthetics—it's about capital discipline and margin strategy.Amazon Fresh was expensive to run, slow to scale, and failed to meaningfully dent Walmart Inc's ...
Why Amazon is killing Amazon Go and Amazon Fresh
Fastcompany· 2026-01-28 13:41
Core Insights - Amazon is intensifying its focus on the Whole Foods brand while discontinuing two of its own physical retail initiatives [1] Group 1 - Amazon's decision to double down on Whole Foods indicates a strategic shift towards enhancing its grocery segment [1] - The company is terminating two of its physical retail experiments, signaling a reevaluation of its retail strategy [1] - This move reflects Amazon's commitment to leveraging the established brand equity of Whole Foods in the competitive grocery market [1]