The merger of Upshop and Invafresh is set to transform the landscape of food retail technology. The combined Upshop organization offers the first global retail enterprise operating platform built for the complexities of food. The platform will be used by more than 400 retailers in 35 countries, operating in over 50,000 stores, and affecting millions of associates and shoppers every day. …
As part of the plan, in a bid to ease anti-trust concerns, Kroger and Albertsons said they would spin off 579 stores to smaller company C&S Wholesale Grocers. …
Colorado’s attorney general filed a lawsuit on Wednesday seeking to block Kroger’s proposed $25 billion acquisition of rival supermarket chain Albertsons (ACI.N), opens new tab, saying consumers would be hurt, as the U.S. Federal Trade Commission and other states continue to scrutinize the deal. …
“We remain in active and ongoing dialogue with the Federal Trade Commission and individual state Attorneys General regarding our proposed merger and divestiture plan.” …
New Mexico Secretary of State Maggie Toulouse Oliver last week signed a letter with six other secretaries of state rejecting the $24.6 billion deal — a move that, if approved, will mean the combined companies will control nearly a quarter of the national food retail market. …
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