SuperValu 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 […]
Read MoreNational Confectioners Association Appoints President
The National Confectioners Association’s (NCA) Board of Trustees announced the appointment of John H. Downs, Jr., to president of the trade association. Downs, a senior advisor to the president of […]
Read MoreTesco appoints Lewis as CEO amid challenging trading conditions
Tesco officials named Dave Lewis CEO of Tesco, a UK based food retailer, earlier this week. Lewis will assume the role of CEO effective Oct. 1. He replaces Philip Clarke. […]
Read MoreWalmart Names New US President & CEO
Walmart officials promoted Greg Foran to president and CEO of Walmart U.S, effective Aug. 9. Foran succeeds Bill Simon, who served as president and CEO since June 2010 and will […]
Read MoreArthur T. Demoulas offers to purchase Market Basket
Former Market Basket president Arthur T. Demoulas offered to buy out the 50.5 percent of company owned by his cousin and his family. “The Arthur T. Demoulas side of the […]
Read MoreDollar Tree Purchases Family Dollar for $8.5 Billion
Dollar Tree officials agreed to purchase rival Family Dollar for approximately $8.5 billion in cash and stock, a move that would fuse two of North America’s largest deep-discount retailers. The […]
Read MoreTarget Names New Chairman and CEO
Brian Cornell will join Target Corp. as the new chairman and CEO, effective Aug. 12. Cornell replaces John Mulligan, CFO an evp, Target’s interim CEO, following Gregg Steinhafel’s resignation in […]
Read MoreFresh and Easy Debuts Wild Oats Products
Fresh & Easy Neighborhood Market is now offering products under the Wild Oats brand at all of its locations. Fresh & Easy, based out of El Segundo, Calif., has 167 […]
Read MoreFresh Thyme Farmers Market Announces “Aggressive” Roll Out Plan
Fresh Thyme Farmers Markets representatives announced an “aggressive” roll-out plan that includes opening more than 60 stores and creating roughly 5,000 new jobs across the Midwest during the next five […]
Read MoreWeis Markets’ CEO Leaves Grocer
Weis Markets officials announced last week CEO David Hepfinger abruptly left the company. Hepfinger submitted his resignation from his position as CEO and his seat on the board of […]
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