Strategy

Post Holdings acquired the private label leader’s ready-to-eat cereal business for $85 million; the two companies attempted a deal two years ago but was halted by FTC.

Albertsons is forging new partnerships — including with C2FO, ECRM, RangeMe and Quantum — to strengthen its base of diverse-owned suppliers.

The July rollouts join three spring launches, totaling six new private brands in five months.

The retailer has invited more than 1,000 entrepreneurs to attend the June 30 virtual pitch day for a chance to get a product on shelves or a private brand partnership.

The retailer reported a same-store sales increase of 65.9% for the first quarter, reversing declines from last year due to the COVID-19 pandemic.

The cooperative of farmers and producers of private label dairy and produce had its dairy farms assessed for their carbon footprint compared to conventional dairy farms in the U.S.

The retailer saw same-store sales increases in the first quarter for both Dollar Tree and Family Dollar, repeating a strong first quarter a year ago.

Gap Home — which encompasses more than 400 products — will be sold exclusively at Walmart, kicking off a multi-year partnership between the iconic retailers.