Supervalu announced on March 14 that it has entered into three separate definitive agreements to sell 21 of its 38 Farm Fresh Food & Pharmacy stores for approximately $43 million in cash to two different retailers that operate three different …
Walmart plans to offer same-day home delivery of groceries in the nation’s largest market. The world’s largest merchant also plans to add about 100 other metropolitan areas to its list of grocery delivery locations, which would cover 40 percent of the U.S., by the end of the year.
Jeff Metzger’s take on the news that Supervalu will exit its Farm Fresh business in Tidewater, plus the rest of the news of the market.
Thirteen days after Albertsons Cos. announced that it planned to acquire approximately 2,500 Rite Aid drug stores in a cash-and stock deal, the Boise, ID-based grocery retailer said that it has hired industry veteran Jim Donald to serve as president and COO of the supermarket chain.