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Kroger, Albertsons Companies and C&S Wholesale Grocers, LLC Updates and Expands Divestiture Plan

The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) announced today that they have amended their definitive agreement with C&S Wholesale Grocers, LLC (C&S) for the sale of assets in connection with their proposed merger previously announced on October 14, 2022. This amended package modifies and builds on the initial divestiture package that was […]

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Creating More Opportunities for Data-Driven Supplier Growth at Walmart

Walmart Luminate and Walmart Connect help our suppliers create more meaningful connections with our customers by tapping into Walmart’s unparalleled omnichannel insights – 90% of American households shop with Walmart every year, and nearly 144 million customers shop with Walmart online and in-store weekly. Our suppliers are increasingly discovering the impact of Walmart Luminate’s insights […]

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Walmart Accelerates Efforts To Provide Associates With Skills To Fill 100,000 In-Demand Jobs

Six years. Nearly half a billion dollars in tuition savings for associates. Walmart’s Live Better U (LBU) education benefit has given over 126,000 associates the opportunity to learn from top academic institutions, like the University of Arkansas, Purdue Global and Spelman College, so they can build brighter futures. We launched LBU in 2018 as a […]

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AWS Launches Second Infrastructure Region in Canada

SEATTLE — Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the launch of its second AWS infrastructure Region in Canada—the AWS Canada West (Calgary) Region. Starting today, developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, will have greater choice for running their applications and serving end […]

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Dollar Tree, Inc. 2023 Investor Conference to Outline Growth Strategies, Multi-Year Financial Outlook, and Expectations of Future Cash Available for Capital Allocation

CHESAPEAKE, Va.– Dollar Tree, Inc. (NASDAQ: DLTR) will host its 2023 Investor Conference in Norfolk, Va., today to discuss the Company’s strategy and financial outlook. The event will feature presentations by Chairman & Chief Executive Officer Rick Dreiling, Chief Financial Officer Jeff Davis, and members of the Company’s executive management team. The presentations will provide […]

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Target Corporation Reports First Quarter Earnings

MINNEAPOLIS — Target sales grew 0.5 percent, reflecting flat comparable sales combined with the benefit of sales from new locations. Traffic grew 0.9 percent, on top of 3.9 percent in Q1 2022. Comparable stores sales grew 0.7 percent, offset by a decline in comparable digital sales. Among the components of comparable digital sales, same-day services […]

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Shipt Announces Accelerator Program To Boost Local Small Business Growth In Five Cities

BIRMINGHAM, Ala.– Applications opened today for LadderUp, an innovative new accelerator program from retail technology company Shipt that will equip local retailers with tools needed to thrive in an ever-evolving marketplace. The program builds upon a set of commitments announced at the White House Conference on Hunger, Nutrition, and Health to expand access to food […]

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DICK’S Sporting Goods Supports Supplier Diversity by Offering Early Payments

PITTSBURGH, — DICK’S Sporting Goods today announced it’s partnering with C2FO, the world’s largest platform for working capital, to support the long-term success of diverse-owned and operated businesses by providing easy, transparent, affordable access to capital through early payments on approved invoices. “One of the challenges that diverse-owned and operated businesses face is access to […]

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Lowe’s Launches First-Ever “Into The Blue: Lowe’s Product Pitch Event,” Inviting Entrepreneurs And Businesses To Apply For A Chance To Become Lowe’s Suppliers

MOORESVILLE, N.C., — Lowe’s today announced “Into the Blue: Lowe’s Product Pitch Event,” the home improvement retailer’s largest and most impactful product sourcing forum to date. Entrepreneurs and businesses of all sizes can apply for a chance to participate in this first-ever live event, during which Lowe’s plans to invest a target of $5 million […]

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Adidas and Foot Locker, Inc. Announce New Long-Term Strategic Partnership

HERZOGENAURACH, Germany and NEW YORK, May 5, 2022 Adidas AG (XETRA: ADS.DE) (“adidas”), a global leader in the sporting goods industry, and Foot Locker, Inc. (NYSE: FL) (“Foot Locker”), the New York-based specialty athletic retailer, today announced a new and enhanced partnership built around product innovation, elevated experiences, and deeper consumer connectivity. This enhanced relationship […]

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