After Quiet Acquisition Period, Manufacturers Getting Back Into Buying Game
Campell's/Sovos and Smucker's/Hostess tie-ups show a resurging appetite for big-ticket acquisitions.
Report: Rite Aid Contemplating Chapter 11 To Shrink $3.3B Debt
The troubled drug chain's filing, expected in the coming weeks, comes as it faces more than 1,000 lawsuits related to its prescription of opioids.
C&S Will Acquire 413 Kroger, Albertsons Stores In $1.9B Deal; Spinco Disbanded
The Kroger Co. and Albertsons Companies Inc. announced on September 8 that they have entered a definitive agreement for $1.9 billion with C&S Wholesale Grocers, LLC for the sale of…
Giant Eagle Names Bill Artman Chief Executive Officer
Giant Eagle recently announced that Bill Artman has been appointed chief executive officer after having been named interim CEO in March. During his nearly 40-year tenure with the company, Artman…
After SEG Deal, Aldi Poised To Operate 2,800 Stores Nationally
So, Southeastern Grocers Inc. (SEG) finally found a buyer after years of searching by its private equity owners to escape from a challenging investment originally made in 2005, an even…
Metro Beat
I hope this finds everyone enjoying the end of the summer and the beautiful weather and heat we have been experiencing so far in the Northeast. Between all of the…
Soup To Nutz
We are in the thick of the 2023 golf season with many more outings to come in the next two months. It’s an exhausting schedule (wink), but the proceeds from…
Ahold Delhaize, Weis Markets Post Solid Comps, Flat Operating Profits
Two of the Mid-Atlantic region’s largest retailers – Ahold Delhaize and Weis Markets - posted healthy comparable stores sales in their most recent operating periods. As we’ve witnessed with many…
Aldi To Acquire 400 Winn-Dixie Stores From Southeastern Grocers
The deal also includes sales of 28 Fresco y Mas ethnic units to spin-off investment group.
Amazon Remains Target Zero For Lina Khan And Her FTC Supplicants
Khan accuses Amazon of inducing consumers to sign up for its paid Prime subscription service and then impeding them if they wanted to cancel.