Tops Markets files for Chapter 11 Bankruptcy, Bi-Lo to follow?
On Wednesday Tops Markets filed for bankruptcy protection in a bid to restructure its balance sheet. The regional grocery store announced that stores will remain open and not be impacted […]
Read MorePrime Members get 5% back at Whole Foods with the Amazon Visa Card
In a bid to encourage shoppers at Whole Foods Market, Amazon announced that Amazon Rewards Visa card members who are also Prime members will get a 5 percent cashback when […]
Read MoreAlberstons and Rite Aid announce merger
On Feb. 20, Albertsons Companies (Albertsons) and Rite Aid Corporation (Rite Aid) announced a definitive merger agreement. The transaction is expected to generate revenues of $83 billion and create incremental […]
Read MoreH-E-B acquires food-delivery company
On Feb. 15, Texas-based grocery giant H-E-B announced it had purchased Favor Delivery, an on-demand delivery service headquartered in Austin. Favor Delivery, that distributes restaurant meals and groceries via a […]
Read MoreWalmart challenges Amazon Prime with Sam’s Club Plus
On Feb. 14 Walmart announced a direct challenge to Amazon’s Prime. The company’s unit Sam’s Club will now offer free shipping on almost any item to shoppers who pay $100 […]
Read MoreRachel Brand, Sarah Friar join Walmart
On Feb. 9 Walmart announced Rachel Brand would join the company as evp for Global Governance and Corporate Secretary. Brand will report directly to President and CEO Doug McMillon and […]
Read MoreInstacart raises $200 million with a $4.2 billion valuation
Grocery delivery service Instacart, announced Feb. 11 it had raised $200 million in fresh funding at a new valuation of $4.2 billion. The investment and valuation boost come at the […]
Read MoreAmazon begins grocery delivery from Whole Foods
On Feb. 8, Amazon and Whole Foods Market announced they would begin free two-hour deliveries of products from Whole Foods Market through Prime Now. The service, that begins today for […]
Read MoreAlbertsons / Safeway introduces ‘Market Street Idaho’
Albertsons / Safeway is introducing its Market Street banner for customers in Treasure Valley with two planned ‘Market Street Idaho’ stores. Market Street Idaho aims to serve culinary delights and […]
Read MoreBlackwells Capital demands Supervalu break up and sell, starts board fight
After sending the Board of Directors at Supervalu a heated letter in October 2017, Blackwells Capital has followed it up with another severe communication on Feb. 6 stating: “Current Supervalu […]
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