Retail Roundup—Kroger tests convenience stores, Walgreens pushes FTC on RiteAid takeover

Kroger is testing a new convenience store format. (Mike Kalasnik / CC BY-SA 2.0)

Kroger testing convenience store

Kroger is testing a new convenience store format called Fresh Eats MKT in Blacklick, Ohio. The store will offer fresh meats, produce, dairy and a Starbucks cafe. Kroger also owns the Turkey Hill convenience store banner and may be planning to rebrand those locations. (Supermarket News)

Walgreens, Rite Aid push FTC for merger

Walgreens has made a move to force the U.S. Federal Trade Commission to make a decision within 60 days about its requested takeover of Rite Aid. The decision will most likely come down to Walgreens' agreement to sell off assets to Fred’s, a regional pharmacy chain. (Bloomberg)

Office Depot beats quarterly estimates

Office Depot announced that it beat its quarterly estimates due to streamlining its business after a failed attempt last year to merge with Staples. Office Depot has also improved its business by focusing on North American sales and divesting markets in Australia, China and parts of Europe. (Reuters)

FullBeauty Brands blames Amazon for woes

As FullBeauty Brands announced a 30% drop in revenues for the latest quarter, the plus-size apparel retailer blamed Amazon for its troubles. The plunge came as the company struggled to clear out unsold holiday fashions and marked a worrying acceleration from the full-year Ebidta drop of 15%. (New York Post)