With the Albertsons acquisition of Safeway store imminent, the chain announced that it will sell 168 stores to four separate buyers.
The National Labor Relations Board has adopted a new rule to alter and accelerate union representation elections.
Arthur T. Demoulas and members of his family completed the deal to acquire the 50.5 percent stake in the company that was owned by the Arthur S. Demoulas family.
Kroger posted its 44th consecutive quarter of positive identical store revenue.
The Albertsons’ (AB Acquisition LLC, a unit of Cerberus Capital Management) purchase of Safeway is imminent and final Federal Trade Commission (FTC) approval is expected to be granted by year’s end, according to several sources.
Aldi will acquire the retail estate and certain assets of 70-store Bottom Dollar Foods.
Meg Ham has replaced Beth Newlands Campbell as president of the Food Lion division of Delhaize America.
C&S Wholesale Grocers emerged the winner in the contest to acquire bankrupt wholesaler AWI.
The C&S bid to acquire AWI was approved in bankruptcy court in Wilmington, DE on October 29. Closing is expected in early November.
Sources tell Food World and Food Trade News that C&S was the winner in last week’s auction for the assets of AWI and White Rose.