The $9.4 billion acquisition of Safeway by Cerberus Capital Management, announced in March, and its merger with Cerberus-owned Albertsons, was one of the biggest deals in U.S. grocery history and makes for the second-largest pure grocery company in America.
Kroger's acquisition of Harris Teeter, closed in January, was in many respects uncharacteristic of the grocery giant.
It was Kroger's first major acquisition since its purchase of Fred Meyer, the Oregon-based chain, 15 years ago.
Though e-commerce sales of CPG products are projected to reach $10 billion in 2014, that number still accounts for a very small share of CPG sales. IRI's 2014 "Future of E-Commerce" advises companies to be prepared for a potential rapid acceleration in the near future.
Have you ever looked at your business as an aquarium teeming with life?
It's an analogy that Larry Johnson, president of Johnson Training Group in Phoenix, Ariz., uses when asked to explain corporate culture.
"Corporate culture is the entire environment in which an organization operates," sa
Visitors to the website of CVS Health are greeted with icons near the bottom of the page. One says "We're Tobacco Free" and another says "Let's Quit Together."
The first refers to CVS' decision, announced in February, to stop selling tobacco products.