Grocery store sales have soared since the pandemic, but the industry is facing a slew of challenges including labor, inflation and supply chain, and competition from larger players such as Amazon, Walmart and Target. On the bright side, there is still room for growth in the sector and deals to be made. Scott Moses, managing director and head of grocery, pharmacy & restaurants at Solomon Partners, spoke to Mergers & Acquisitions about what kind of acquisitions PE firms are looking for, and technology’s impact on the industry.
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