Supervalu and Unified Grocers said that the United States Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, with respect to their merger.
Lidl is ready to take on the retail market in the U.S. The supermarket operator, which earlier in the year announced it would open 20 stores in the U.S. this summer, has set a grand opening date of June 15.
In the fourth quarter, following its plans to acquire Unified Grocers, Supervalu gained momentum in its wholesale business while its retail division slipped.
For the first quarter, Publix’s sales were $8.69 billion, a 0.4% decrease from last year’s period as the Easter holiday timing affected results, the company stated.
Albertsons Companies has appointed Mike Withers, currently president of the Jewel-Osco division, evp/retail operations for the company.
Save-A-Lot has appointed Kenneth McGrath as chief executive officer, effective April 21.
Supervalu and Unified Grocers have entered into a definitive merger agreement that calls for Supervalu to acquire Unified Grocers in a transaction valued at approximately $375 million.
Publix Super Markets plans to revisit its GreenWise store organic and natural food concept.
Wegmans has a new CEO. Danny Wegman has announced that his daughter, Colleen Wegman, has been named president and CEO of Wegmans Food Markets. In relinquishing the CEO position, he will assume the title of chairman.