Supervalu adds West Coast to its reach with Unified Grocers acquisition
In the acquire-or-merge trend that is sweeping through the retail space, the need to grow to compete has seen another acquisition. This time, Minnesota-based grocery store Supervalu expects to dramatically […]
Read MoreAmazon to Acquire Whole Foods Market
Amazon and Whole Foods Market have entered a definitive merger agreement where Amazon will acquire Whole Foods Market to the tune of $13.7 billion. The price includes Whole Foods Market’s […]
Read MoreNestle contemplates sale of US confectionary business
Nestle is appraising options for its confectionary side of the business, and company leaders are open to an acquisition or merger, so long as the conditions make sense. The […]
Read MoreMarsh Supermarkets files for Chapter 11
Marsh Supermarkets has filed for Chapter 11 in a last ditch effort to reorganize its assets while looking for a buyer to take over some or all of the chain’s […]
Read MoreAlbertsons makes leadership changeup; announces new President & COO
Wayne Denningham has been named Albertsons’ new President and COO. Denningham previously held the position of Albertsons’ evp and COO. He will succeed Bob Miller, who will stay on as […]
Read MoreBrookshire Brothers CEO plans to step down, successor appointed
Brookshire Brothers President and CEO Jerry Johnson will step down from his position at the end of April 2017, company officials announced earlier this week. Johnson will continue as a […]
Read MoreCastle Harlan leads acquisition of Kings Super Markets and Balducci’s Food Lover’s Markets
Castle Harlan, a private equity investment firm, announced this morning it initiated and completed the acquisition of Kings Super Markets and Balducci’s Food Lover’s Markets, by KB Holding, an […]
Read MoreAcademy Sports + Outdoors names former Walmart evp as new CMO
Michelle Gloeckler was named the new CMO, evp and president of Academy Sports + Outdoors, effective Aug. 29. “I’m ecstatic to join the Academy Sports + Outdoors team, and I […]
Read MoreDanone Poised to Acquire WhiteWave Foods
Danone recently positioned themselves to acquire WhiteWave Foods Company to the tune of $10.4 billion. Once complete, this merger would mark the largest deal in the natural and organic […]
Read MoreHostess prepares a $2.3 billion stock offering
Hostess Brands announced it is preparing to take its stock public, four years after the company laid off thousands of workers and announced it was going out of business. Today, […]
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