Walgreens 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 […]
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 […]
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