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C&S to Acquire SpartanNash, Klarna Enters Mobile & Kroger to Close 60 Stores
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Welcome to Omni Talk's Retail Daily Minute, sponsored by Retail Club and Mirakl.
In today's Retail Daily Minute:
- C&S Wholesale Grocers to acquire SpartanNash in a $1.77B deal that would create a powerhouse food distributor with nearly 60 DCs and 10,000+ customers, aimed at empowering local grocers and enhancing price competitiveness.
- Klarna dives into mobile telecom, launching a $40/month unlimited 5G plan in the U.S. via a partnership with Gigs, further expanding its ecosystem of app-based financial and lifestyle services.
- Kroger will close 60 underperforming stores by 2026, redirecting capital into price cuts, service upgrades, and new store growth, while working to make e-commerce profitable and find a permanent CEO.
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Be careful out there!
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