Weis 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 […]
Read MoreC&S Wholesale names President
C&S Wholesale Grocers appointed Mark Verdi to serve as president, a new position for the company. Verdi will assume his new role on March 1, assuming responsibilities of day-to-day […]
Read MoreSchnuck Markets
Todd Schnuck will succeed his brother Scott Schnuck as CEO of retailer Schnuck Markets, starting in March. Scott Schnuck served as CEO for eight years. During his tenure, the […]
Read MoreFamily Dollar
Family Dollar officials ousted president and COO Michael Bloom following disappointing financial results. The company’s comparable sales dropped by 2.8 percent during the first quarter, which ended Nov. 30, […]
Read MoreWal-Mart Continues Canadian Expansion
Wal-Mart Stores, Inc. is planning to invest more than $450 million into its Canadian operations during the next year. This investment is part of the company’s push into Canada’s grocery […]
Read MoreWhole Foods Market Acquires Handful of Dominick’s Locations
Whole Foods Market officials announced the acquisition of leases form Safeway for seven Dominick’s stores. Terms of the agreement were not made available to the public. This move will bolster […]
Read MorePro’s Ranch Markets Acquired by Northgate and Cardenas
Two retailers with roots in Southern California have partnered to acquire Pro’s Ranch Markets out of bankruptcy. Northgate Gonzalez market and Cardenas Markets formed Cardenas Northgate Group Ranch to acquire […]
Read MoreDollar General Offers $9.7 Billion Counterbid for Family Dollar
Dollar General presented a $9.7 billion counterbid for Family Dollar after the latter agreed to an $8.5 billion buyout by Dollar Tree last month. The proposed deal is expected to […]
Read MoreArthur T. Demoulas returns after leaders reach binding agreement
Following weeks of tumultuous protests and the firing of a handful of high-ranking officers, Market Basket and its shareholders entered a binding agreement. Under terms of the agreement, ousted CEO […]
Read MoreCohen Reclaims Control Following Verdi’s Departure
Less than one year after his appointment as president of C&S Wholesale Grocers, Mark Verdi is stepping down from his role. Rick Cohen, C&S’s CEO and chairman, announced he will […]
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