Joe Cavaliere Joins C&S Wholesale Grocers As Chief Commercial Officer
C&S Wholesale Grocers has named Joe Cavaliere as its chief commercial officer (CCO), a newly created position, effective September 4, 2018.
Publix To Construct 1.8 Million Sq. Ft. Charlotte, NC Div. Depot
Five years after it created its newest operating division in Charlotte, NC, Publix has announced that it will build a distribution center complex to supply and support stores that the…
Taking Stock
Jeff Metzger's analysis of the Supervalu-UNFI merger deal, plus the rest of the news of the market.
Activist Investor Loeb Acquires 5.65% Stake In Campbell Soup
Activist investor Third Point LLC is pushing for a sale of Campbell Soup Co. The management firm, headed by Daniel Loeb, recently acquired a 5.65 percent interest in the Camden,…
Rite Aid, Albertsons Call Off $24 Billion Proposed Merger
The proposed Albertsons-Rite Aid merger is dead. Fearing a negative outcome, on August 8, the day before the scheduled vote from Rite Aid shareholders to approve a $24 billion merger,…
Taking Stock
Jeff Metzger's analysis of the news that UNFI will acquire Supervalu, plus the rest of the news of the market.
UNFI Aims To Change Game With $2.9B Acquisition Of Supervalu
After vowing to fight a proxy effort to assume board control by New York private investment group Blackwells Capital, Supervalu (SVU) instead made a deal on July 26 to sell…
Lofland Named Safeway Eastern President Reporting To Perkins, Who Will Continue To Head Acme
Tom Lofland has been named president of Safeway's Eastern Division, reporting to Albertsons EVP and Acme Markets president Jim Perkins.