Kroger

Kroger named former Walmart and Jet.com executive Nate Faust as chief e-commerce officer effective Sept. 1, charging him with scaling the retailer’s online shopping, fulfillment and delivery operations. Faust brings experience in merchandising, fast fulfillment networks and e-commerce supply chain transformation and is expected to pursue initiatives including Kroger-owned delivery capabilities, partnerships with Nash and Autolane, strategic work with Ocado, and in-store robotics pilots. CEO Greg Foran signaled the hire is central to raising Kroger’s digital standards and growing online sales. » More on finance.yahoo.com

Kroger appoints Nate Faust effective September 1, 2026, as executive vice president and chief eCommerce officer. Faust joins from Olive and was co‑founder and COO of Jet.com; after its acquisition by Walmart he led the e‑commerce supply chain for Walmart U.S. Earlier he built fulfillment and delivery networks at Diapers.com. Kroger says Faust’s experience with speed, added value and reliable delivery will drive the company’s digital growth. » More on de.investing.com

Kroger acquired Pittsburgh-based Giant Eagle for $1.65 billion to expand into the Mid‑Atlantic with minimal store overlap, signaling a recalibrated, regional M&A strategy after its blocked Albertsons bid. The deal is financed with $1.25 billion cash and $400 million in assumed liabilities, prompting questions about Kroger’s capacity to fund store turnarounds while maintaining dividends and buybacks. Meanwhile, Aldi is pursuing an aggressive U.S. rollout with a $9 billion investment to reach about 4,000 stores, leveraging a low‑price, private‑label model that is stealing market share from incumbents. » More on forbes.com