Supervalu Stock Rises on LBO Speculation
MINNEAPOLIS — Stock in Supervalu was up by more than 30% early Monday, apparently driven by speculation of a leveraged takeover. read more Supermarket News
Category: SN News
Kroger Eyes New Markets
NEW YORK — Declaring confidence in its momentum but fed up with a stagnating stock price, Kroger last week detailed a plan to boost its annual earnings growth in part … Continue Reading →
Ares Acquires Smart & Final
LOS ANGELES — Smart & Final Holdings Corp. here said last week Ares Management LLC has signed a definitive agreement to acquire a majority stake in the company from Apollo … Continue Reading →
Wal-Mart to Double Neighborhood Markets
ROGERS, Ark. — Wal-Mart Stores plans to open 125 new supercenters and between 95 and 115 smaller-format stores — mostly Neighborhood Markets — next year while reducing its capital budget, … Continue Reading →
Ex-Piggly Wiggly Fund Manager Pleads Guilty
SHEBOYGAN, Wis. — The former president of a credit union overseeing pension investments for Piggly Wiggly Midwest workers has been convicted of embezzling more than $ 100,000 from the fund. … Continue Reading →
Fairway Hosts Cupcake Election
NEW YORK — Fairway Market is holding a presidential election of its own with limited-edition fresh baked cupcakes featuring election-related images. read more Supermarket News
Oct. 22, 2012: Fair Trade Volume Grows
Retailers have seen double-digit gains in the sales of Fair Trade products in recent years, according to data from Fair Trade USA and SPINS. read more Supermarket News
Spotting Retail’s Future in History’s First Draft
It’s been said journalism is the first rough draft of history, and that’s definitely the case when it comes to journalism about the supermarket industry. Viewpoints read more Supermarket News
In Real Life, Celebrities Love the Dollar Store
Every week, the celebrity– and scandal-obsessed US Weekly runs a photo feature called “Stars — They’re Just Like Us!” Viewpoints read more Supermarket News
Fresh & Easy Introduces PL Line of Vegetable Meal Ideas
EL SEGUNDO, Calif. — Fresh & Easy Neighborhood Market has introduced a line of fresh salads and slaws called “Made Easy” that incorporates 39 types of salads and kits, micro-steamers … Continue Reading →