grocery

Retail
Giant Food Invests In Store Development

Regional grocery chain Giant Foods recently launched a store development initiative. The $175 million capital investment will feature store expansion and improvement over the next two years.

Retail
Kroger, Walgreens Expand Retail Concept Partnership

Kroger and Walgreens recently expanded on the exploratory pilot concept the two retailers announced in October, in which the companies began testing a concept combining Kroger’s grocery expertise with Walgreens’ mix of pharmacy, health and beauty.

Financials
Kroger Evolution Impacts Q3

In a third quarter impacted by the sale of Kroger’s convenience store division and acquisition of Home Chef, along with its investments in growth initiatives, the supermarket retailer reported a drop in net earnings.  

Retail
Lidl To Acquire Best Market

Lidl U.S. plans to expand its market footprint with the acquisition of Best Market. The agreement includes 27 Best Market stores in New York and New Jersey.

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.

1 2 3 4 5 6 20