Adrianne DeLuca

Adrianne DeLuca

Reporter, BevNET & NOSH

Adrianne DeLuca is a reporter for BevNET and NOSH.

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Posts by Adrianne DeLuca

Kroger/Albertsons: 166 Stores and Support Assets Added to Divestiture Plan with C&S

Kroger/Albertsons: 166 Stores and Support Assets Added to Divestiture Plan with C&S

Two months after the Federal Trade Commission (FTC) completed a review of Kroger and Albertsons’ proposed supermarket mega-merger and filed a lawsuit to block the deal, the grocery chains have added more store locations and assets to an updated version of their definitive divestiture agreement with C&S Wholesalers.

Kroger/Albertsons vs The FTC: What Happens Next?

Kroger/Albertsons vs The FTC: What Happens Next?

As speculated last week, the next challenge for the proposed $24.6 billion merger between Kroger and Albertsons is coming from the federal government. The Federal Trade Commission (FTC) today announced it has filed a lawsuit to block the merger in the U.S. District Court for the District of Oregon, alongside a bipartisan group of nine attorneys generals from Arizona, California, the District of Columbia, Illinois, Maryland, Nevada, New Mexico, Oregon and Wyoming.

Watch: Kroger and Albertsons CEOs Take The Stand In Senate Hearing

Watch: Kroger and Albertsons CEOs Take The Stand In Senate Hearing

Grocery market competition, price reduction strategies for consumers, a sustainable plan for necessary divestments and the potential impact on the companies’ combined workforce were key points of contention as the CEOs of Kroger and Albertsons Companies each appeared before the Senate Judiciary Antitrust Committee last week to face tough questions about their companies’ proposed $24.6 billion merger.

Kroger/Albertsons: CEOs Face Merger Opposition In Senate

Kroger/Albertsons: CEOs Face Merger Opposition In Senate

The CEOs of Kroger and Albertsons Companies, Rodney McMullen and Vivek Sankaran, respectively, faced intense criticism from the Senate Judiciary Antitrust Subcommittee during a hearing Tuesday regarding their plans to execute commitments outlined in the proposed merger agreement.

Kroger/Albertsons: State AGs Challenge Pre-Merger Transaction

Kroger/Albertsons: State AGs Challenge Pre-Merger Transaction

A bipartisan group of state attorneys general (AG) are challenging the impending, initial transaction outlined in the Kroger/Albertsons merger agreement – a special dividend cash payment totaling nearly $4 billion to stakeholders on November 7.

Monster: Bang IP Case ‘Not Frivolous,’ Claim for Attorney Fees Denied

Monster: Bang IP Case ‘Not Frivolous,’ Claim for Attorney Fees Denied

A federal judge has rejected Monster’s motion to be awarded $6 million in attorney’s fees over its “intensely litigated” dispute with Vital Pharmaceuticals (VPX), parent company to Bang Energy, on grounds that the case was not considered frivolous or unreasonable in accordance with the Lanham Act.

Spearhead To Raise Awareness for African Spirits, Fuel US Debut with $3M Investment from Pendulum

Spearhead To Raise Awareness for African Spirits, Fuel US Debut with $3M Investment from Pendulum

Black-owned South African spirits group Spearhead announced yesterday it has raised $3 million to expand the reach of its two products, Vusa Vodka and Bayab Gin, to the U.S., as well as launch new product lines and accelerate its marketing efforts. The raise was led by Pendulum, an investment and advisory platform aimed at supporting business leaders of color.

Stewart’s Enterprises Names Tony Gaines as CEO

Stewart’s Enterprises Names Tony Gaines as CEO

Beverage maker Stewart’s Enterprise Inc. (SEI) announced late last week that it has named industry veteran Tony Gaines as the company’s new CEO. In his new role, Gaines will help the craft soda maker increase momentum behind its alcoholic beverage brands, including its recently launched Stewart’s Spiked Seltzers and the upcoming launch of a RTD Hard Rock-branded hard seltzer line.

DoorDash Marketplace Expands into On-Demand Alcohol Delivery

DoorDash Marketplace Expands into On-Demand Alcohol Delivery

As the world works its way back to pre-pandemic operations, lawmakers across the country are looking to make to-go sales of alcoholic beverages from bars and restaurants a lasting legacy, and DoorDash has launched its latest innovation in support of that effort. The on-demand food delivery service announced Monday that it has expanded its marketplace offerings into the alcoholic beverage category allowing consumers to pair a restaurant meal with a beer, wine or cocktail.

Natural Light Launches ‘Flavor-Forward’ Vodka Line

Natural Light Launches ‘Flavor-Forward’ Vodka Line

Having already innovated its way through the ready-to-drink category with everything from a classic hard seltzer to Natty Daddy Lemonade, Natural Light is looking beyond canned categories for its latest product launch. The beer maker announced this week it has launched into the spirits world with a line of lemonade-flavored Natty Vodka.