grocery

Retail
UNFI Completes Supervalu Acquisition

United Natural Foods has completed the previously announced acquisition of Supervalu for $32.50 per share in cash, or $2.9 billion, including the assumption of outstanding debt and liabilities.

Financials
Albertsons Q2 Loss Shrinks

Citing broad financial improvement, Albertsons posted a net loss of $32.4 million in the second quarter ended September 8 versus a net loss of $355.2 million in the fiscal 2017 period.

Retail
Albertsons Appoints Donald CEO

Albertsons Companies has appointed Jim Donald, currently the company’s president and chief operating officer, to president and chief executive officer, effective immediately.

Retail
H-E-B Launching Digital Tech Center

As it grows in the digital and omnichannel space, H-E-B has signed a long-term lease for a building in East Austin, TX, where the retailer plans to develop a tech facility and innovation lab.

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