Haggen Files for Chapter 11 after filing $1B lawsuit against Albertson’s
Haggen has filed for Chapter 11 bankruptcy protection less than a year after the company acquired 146 stores when Albertsons acquired Safeway. More than half of those stores, 100, were […]
Read MoreWalmart appoints Bratspies to CMO
Steve Bratspies has been appointed to CMO of Walmart’s US store locations, effective Oct. 19. In his new role, Bratspies will oversee all merchandise categories across more than 4,500 stores […]
Read MoreAlbertsons delays IPO
Albertsons has postponed the company’s initial public stock offering to chip away at debt and focus on store upgrades to help attract consumers. Albertsons delayed plans to sell stock earlier […]
Read MoreWalgreens purchases Rite Aid in $17.2 billion deal
Walgreens is purchasing rival Rite Aid in a $17.2 billion deal, company officials announced this week. This acquisition will dramatically change the landscape of the drug store industry from mom […]
Read MoreKroger purchases Roundy’s Supermarkets for $800M
Kroger representatives announced it will buy Roundy’s Supermarkets in an $800 million all-cash deal. The merger will expand Kroger’s presence throughout the Chicagoland area with 34 stores operating under the […]
Read MoreWalmart executive named CMO at The Fresh Market
Pamela Kohn was appointed The Fresh Market’s Executive Vice President and Chief Merchandising Officer, effective Jan. 6. In her role, Kohn is tasked with enhancing the company’s merchandise selection, […]
Read MorePublix CEO set to retire
Publix CEO Ed Crenshaw is retiring, effective April 30, at which time Todd Jones will be appointed CEO. Crenshaw is a grandson of Publix founder George Jenkins. Crenshaw has worked […]
Read MoreAhold Delhaize Merger Approved
Ahold and Delhaize agreed to a merger earlier today. The combined company, Ahold Delhaize, is valued at approximately $29 billion, according to media reports. CEO of Royal Ahold, Dick Boer, […]
Read MoreNew President, CEO Named at Weis Markets
Weis Markets’ board of directors approved Jonathan Weis as president and CEO. Weis, 46, has served as the retailer’s interim CEO since David Hepfinger left the company last fall. As […]
Read MoreSuperValu included in 18-store $65 million acquisition
SuperValu Inc., owner of Cub Foods, along with four Twin Cities-based independent grocery retailers, announced each have entered into definitive agreements to acquire 18 Rainbow Foods grocery stores. Roundy’s is […]
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