M&A | Retail Leader

Kroger, Albertsons sell more than 400 stores to C&S Wholesale Grocers
In connection with its proposed merger, Kroger and Albertsons agreed to sell 413 stores — including Mariano's, QFC and Carrs brand names — eight distribution centers, two offices and five private label brands across 17 states and Washington, D.C., to C&S for approximately $1.9 billion.
The Body Shop’s owner sells Aesop to L'Oréal
Natura &Co, owner of The Body Shop and Avon, completed the sale of the Australian luxury cosmetics brand Aesop to L'Oréal for $2.58 billion.

M&A
CVS to buy senior primary care provider Oak Street Health
The pharmacy chain said the $10.6 billion acquisition will help reduce care costs and improve patient outcomes and experiences.
M&A
Kroger Purchasing Rival Albertsons for $24.6 Billion
Together, the companies would have a combined market cap of around $47 billion. Kroger is the largest grocery store operator in the U.S.
M&A
Kroger, Albertsons Reveal Merger Details, Plans to Spin-Off Up to 375 Stores
While the grocers have agreed to the $24.6 billion merger, federal regulators will have the final say.
M&A
Instacart Acquires AI-Powered Platform
Instacart is expanding its advertising capabilities with the acquisition of Eversight, a pricing and promotions platform for CPG brands and retailers within the grocery industry.
M&A
Misfits Market to Acquire Imperfect Foods
The two online grocers aim to deliver a more sustainable grocery experience and put the combined business on track to reach profitability by early 2024.
M&A
Yesway Acquires Texas Chain
The emerging convenience store operator's first acquisition of 2022 comprises nine Tres Amigos stores in Texas.
M&A
Signet Jewelers to Buy Blue Nile for $360M
The parent company of Zales and Kay Jewelers has signed a definitive agreement to acquire e-commerce jewelry platform Blue Nile.
M&A
Vera Bradley Sells Retail Startup GoodMrkt
Vera Bradley has sold its 16-month-old retail format GoodMrkt to Harry Cunningham, the startup’s co-founder, according to a WWD report.
M&A
Walmart to Acquire AR Optical Tech Company
The acquisition of Memomi enables Walmart to continue to offer virtual optical try-on capabilities and contact-free digital measurements.
M&A
Kohl’s Calls Off Sale, Cites ‘Market Volatility’
The Kohl’s board of directors unanimously determined to conclude its strategic review process and end negotiations with Franchise Group.
M&A
Instacart Files for IPO
Instacart is on its way toward an initial public offering (IPO).
M&A
Fresh Market Gets a Buyer
South American retailer Cencosud has acquired a majority stake in U.S. grocery chain Fresh Market.

Articles and content about retail mergers and acquisitions