Sears strengthens online presence with new brands
On Aug. 6, Sears Holdings boosted its online marketplace by strategically adding top brands and popular products sears.com sold by third-party sellers. The company announced the addition of floor care […]
Read MoreBeth Ford takes over as President & CEO of Land O’Lakes
The Land O’Lakes Board of Directors announced Beth Ford President and CEO of the cooperative. Ford assumes leadership of the company following the retirement of Chris Policinski, effective Aug. 1. […]
Read MoreSupervalu, Blackwells Capital sign agreement
On July 31, Supervalu announced it entered into an agreement with Blackwells Capital, according to which, Blackwells agreed to withdraw its director nominees and vote all of its shares in […]
Read MoreUS 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 […]
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