Corporate Restructuring

With Second Bankruptcy Filing Since 2023, Rite Aid Nears End Of The Line

The PA-based drug chain seeks buyers for its 1,240 remaining stores.

Food Trade News Team

For SEG And C&S, An Enhanced Opportunity

At first blush, it might seem like the motivation behind the recently…

  • Enhanced opportunities await SEG, C&S.
  • At Kroger and Albertsons, post non-merger, riffings ensue.
  • Are executive orders driving consumer confidence down?
  • ‘Godzilla’ Amazon, led by AWS, sees 52-week fiscals pole vault to $68.6 billion.
  • ADUSA Q4, full fiscal ’24 decent but hardly stellar.

UNFI Restructures Its Wholesale Business…Again

A new year brings yet another corporate restructuring at UNFI. Earlier this…

  • Post-merger breakup, Albertsons post solid Q3 results.
  • Costco just keeps on sailing along.
  • Christopher Brown has a new gig as CEO of Piggly Wiggly.
  • DOJ targets ailing, flailing retail drug world’s PBMs.
  • Weis Markets continues acquisition strategy with Saylor’s.

COO Kurt Schertle Exits Weis Markets

Veteran supermarket executive leaves regional chain to pursue new career path. A…

Food Trade News Team

Report: Rite Aid Contemplating Chapter 11 To Shrink $3.3B Debt

The troubled drug chain's filing, expected in the coming weeks, comes as…

Food Trade News Team

Layoffs At ADUSA; Chain Seeks Greater Omnichannel Efficiencies

Economic Fears Also A Factor; No Shift To Central Merch

Food Trade News Team

Ahold Delhaize USA Implementing Changes To Create Efficiencies, Deal With Incoming Economic Headwinds

For the past month, we’ve been hearing about impending major changes at…

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