US Foods purchases SGA’s Food Group of Companies
On July 30, US Foods Holding Corp announced they had entered into a definitive agreement with Services Group of America (SGA) to acquire five operating companies collectively known as SGA’s […]
Read MoreNecco candy factory suddenly shut down
After purchasing the US’ oldest candy company for $17.3 million in May 2018, Round Hill Investments LLC suddenly shut down its Necco plant in Revere, Mass., The Boston Globe reported […]
Read MoreUNFI acquires Supervalu for $2.9 billion
In a merger agreement on July 26, United Natural Foods Inc. (UNFI) is to acquire Supervalu for $32.50 per share, amounting to roughly $2.9 billion. The deal marks Supervalu’s exit […]
Read MoreChef’d shuts shop
Setting off alarm bells in the already-troubled industry, meal kit maker Chef’d announced late on the night of July 16 it was suspending all operations and shutting down. The meal […]
Read MorePublix names new Human Resource and Public Affairs executives
On July 19 Publix CEO and President Todd Jones announced Marcy Benton, 49, as the new VP of Human Resources and John Provenzano, 44, as VP of Public Affairs. Benton, […]
Read MoreKroger’s Bruce Lucia to retire, new leaders in Atlanta and Cincinnati/Dayton Divisions
On July 17, Kroger announced the retirement of Atlanta Division President Bruce Lucia and promoted Tim Brown, their current Cincinnati/Dayton division president, to succeed him, effective Aug. 1. Michigan division […]
Read MoreWakefern hires Erik Keptner as Senior Vice President of Marketing
Supermarket industry veteran Erik Keptner was named Senior Vice President of Marketing for Wakefern Food Corp., that has member companies under the ShopRite, Price Rite Marketplace, The Fresh Grocer and […]
Read MoreSupervalu issues stakeholder presentation ahead of August shareholder meet
On July 17, Supervalu released an investor presentation ahead of its annual shareholder meeting to be held on Aug. 16. In the presentation, the company outlined the business decisions and […]
Read MoreKroger invests $17M in Northern Kentucky Distribution Center
On July 11, Kroger announced a $17 million investment in its distribution center on Mt. Zion Road in Florence, Kentucky anticipated to ramp up production and create 250 new jobs. […]
Read MoreThe Fresh Market to close 15 stores
On July 10, North Carolina-based specialty grocery chain The Fresh Market, announced it will be closing 15 of its stores nationwide over the next two to four weeks. In a […]
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