Search found 1115 matches
- February 7th, 2024, 12:54 pm
- Forum: Non Region-Specific
- Topic: Kroger CFO Leaving for another public company
- Replies: 16
- Views: 1123
Re: Kroger CFO Leaving for another public company
Is either company in financial trouble? Both of those seem like at odds with each other. The big question is what happens to Albertsons. In 2018, some Forbes analysts talked about the idea that Alibaba should buy Albertsons. I don’t see that happening considering the US government would not approve...
- February 6th, 2024, 12:59 pm
- Forum: California USA
- Topic: California Grocery Market down 4-5%??
- Replies: 24
- Views: 1423
Re: California Grocery Market down 4-5%??
Central Valley is having issues at egg farms too. Supply is tight in NorCal as production has been impacted and prices have shot up. This puts pressure on SoCal supply as eggs that previously went to SoCal are now getting paid a premium price to go to NorCal instead. I think this is why stores like...
- February 6th, 2024, 8:27 am
- Forum: California USA
- Topic: California Grocery Market down 4-5%??
- Replies: 24
- Views: 1423
Re: California Grocery Market down 4-5%??
Albertsons & Vons are $2.97 for a dozen large eggs. It's in the ad this week. There is no shortage of eggs in Southern California only Northern California. Central Valley is having issues at egg farms too. Supply is tight in NorCal as production has been impacted and prices have shot up. This p...
- February 6th, 2024, 8:16 am
- Forum: California USA
- Topic: California Grocery Market down 4-5%??
- Replies: 24
- Views: 1423
Re: California Grocery Market down 4-5%??
I do find it interesting these flu outbreaks seem to be causing more problems since the "cage free" laws went into effect. Evidently it is easier to spread flu when the sick birds are able to roam freely, as opposed to isolating in a cage to stop the spread (oh memories of 2020). Who woul...
- February 5th, 2024, 7:21 pm
- Forum: California USA
- Topic: California Grocery Market down 4-5%??
- Replies: 24
- Views: 1423
Re: California Grocery Market down 4-5%??
I read it as their California market is down 4% to 5%. The comparison to Sprouts and Albertsons is very relevant here as I suspect their results are more in line with the overall market, maybe even underperforming to it. I am not sure how Walmart is doing, but with their lack of sale prices in food...
- February 1st, 2024, 4:36 pm
- Forum: Non Region-Specific
- Topic: 🛒 Kroger-Albertsons Merger: National Impact
- Replies: 441
- Views: 28245
Re: 🛒 Kroger-Albertsons Merger: National Impact
With The Merger Between Albertsons And Kroger Almost Certain To Fail, I Smell A Discount - Seeking Alpha https://seekingalpha.com/article/4666642-merger-between-albertsons-kroger-almost-certain-fail-smell-discount Pricing it in as a near 100% chance to fail. Albertsons 14.2M block said to be shopped...
- January 19th, 2024, 10:58 am
- Forum: California USA
- Topic: Vons Lake Elsinore Closing May 4th
- Replies: 8
- Views: 2967
Re: Vons Lake Elsinore Closing May 4th
What killed both stores was the years long project to rebuild and reconfigure the off-ramps from I-15 North, which made the center more difficult to access. Visibility is poor, so probably ideal for a destination business like the boat place. The location Walmart moved to has inadequate roadways an...
- January 17th, 2024, 12:31 pm
- Forum: California USA
- Topic: Vons Lake Elsinore Closing May 4th
- Replies: 8
- Views: 2967
Re: Vons Lake Elsinore Closing May 4th
What is interesting is how the shopping center stayed relatively occupied despite losing Vons and Wal Mart. I wonder if this would still be open as Vons, had Albertsons/Vons not been merged...... What killed both stores was the years long project to rebuild and reconfigure the off-ramps from I-15 N...
- January 17th, 2024, 10:34 am
- Forum: Non Region-Specific
- Topic: 🛒 Kroger-Albertsons Merger: National Impact
- Replies: 441
- Views: 28245
Re: 🛒 Kroger-Albertsons Merger: National Impact
Union: Kroger, Albertsons merger is another Haggen, maybe worse.
President and member responds to SN's Scott Moses' claim
Jan 17, 2024
https://www.supermarketnews.com/retail- ... aybe-worse
President and member responds to SN's Scott Moses' claim
Jan 17, 2024
https://www.supermarketnews.com/retail- ... aybe-worse
- January 16th, 2024, 12:28 am
- Forum: Non Region-Specific
- Topic: 🛒 Kroger-Albertsons Merger: National Impact
- Replies: 441
- Views: 28245
Re: 🛒 Kroger-Albertsons Merger: National Impact
Just looking at their own store locator, yes there are plenty of holes in it. There are gaps all along I-15 all the way through Temecula (where Albertsons has a 2 to 1 store ratio in the entire valley for example). Are there some areas where there's concentration? Sure. But there are plenty of spot...