Kroger Co. does not expect the synergies from the merger of Safeway and Albertsons to have much short-term impact once the deal is completed late this year, J. Michael Schlotman, … Continue Reading →
Supervalu said two of its directors, Mark Neporent and Lenerd Tessler, have resigned from the board because of their ties to Cerbrus Captial Management, which announced Thursday that it is … Continue Reading →
Although Safeway and Albertsons said no store closures were planned as a result of the pending merger of the two companies, it is possible that some stores could be divested … Continue Reading →
The new relationship between Baltimore retailer Mars Super Markets and distributor Bozzuto’s Inc. is a complementary pairing with the potential to be more than the sum of its parts, officials … Continue Reading →
Bi-Lo Holdings has agreed to sell 12 supermarkets in Florida, Georgia and South Carolina to settle Federal Trade Commission charges related to its acquisition of the Sweetbay, Harveys and Reid’s … Continue Reading →
The Nestlé Institute of Health Sciences SA (NIHS) has signed a long‐term supply agreement with Cellular Dynamics International Inc. (CDI). IFT Daily News
ROCHESTER, N.Y. — Wegmans Food Markets here said it has reached a tentative agreement with Teamsters Local 118, also based here, on a new contract covering 900 warehouse workers, drivers … Continue Reading →
MATTHEWS, N.C. — Harris Teeter Supermarkets on Thursday said shareholders voted nearly unanimously in favor of the company’s proposed sale to Cincinnati-based Kroger Co. read more Supermarket News
GRAND RAPIDS, Mich. — Spartan Stores and Nash Finch Co. said Tuesday that the waiting period for the pending merger of the companies passed without action from the Federal Trade … Continue Reading →
Shuanghui International Holdings Ltd. has entered into a facilities agreement with Bank of China Ltd., Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. (also known as Rabobank International), Credit Agricole Corporate and Investment Bank, … Continue Reading →
