In this week’s recap of the Top 10 most popular Supermarket News articles, Albertsons: D.C. court nixes action to suspend $4B special dividend ranked as the week’s most-read story. Boise, Idaho-based Albertsons reported the court’s decision late yesterday. The dividend of $6.85 per common share was slated to be paid Nov. 7 but remains suspended under a TRO attained Nov. 3 in Washington state through the King County Superior Court.
Among other top stories:
- Industry mourns passing of Allegiance Chairman/CEO Daniel Katz
- Court halts Albertsons’ $4B dividend payment under Kroger merger deal
- 5 things: Is the drug store’s time up?
- Woodman’s Markets eyes bigger retail media revenue stream
In other news, Global food retailer Ahold Delhaize built on sequential and prior-year net and comparable sales gains in its U.S. business for the fiscal 2022 third quarter.
For the quarter ended Oct. 2, Ahold Delhaize tallied U.S. net sales of $14.75 billion, up 8.8% at constant exchange rates (27.4% actual) from $13.55 billion a year earlier, the Zaandam, Netherlands-based company said Wednesday. Comparable sales grew 8.6% year over year and were up 8.2% excluding fuel.
Other top stories:
- Loblaw makes strides in food waste reduction with Flashfood
- Grocery price inflation eases a bit in October
- D.C. AG urges full review of Kroger-Albertsons merger before special dividend
- Consumer appetite grows for grocery store foodservice