Content about Kohlberg Kravis Roberts

May 13, 2013
Toys ‘R’ Us names interim CEO

Toys "R" Us has appointed Antonio Urcelay, 61, the head of its European operations, as interim CEO, according to a filing the retailer made on Monday with the Securities and Exchange commission, The Record reported.

February 13, 2013
Toys “R” Us CEO stepping down

The search is on for a new chief executive of Toys “R” Us with the announcement that Gerald L. Storch is stepping down as CEO of the company.

August 8, 2012
Why “Just for u” Might be Just What Loyalty Cards Need

By Jundong Song, 89 Degrees

August 2, 2012
Walgreens-Alliance Boots deal sealed; senior leaders join respective boards

Walgreens and Alliance Boots on announced the completion of Walgreens initial investment in the strategic partnership following receipt of all required regulatory approvals.

July 19, 2012
Safeway profit slips in Q2; on track to open 10 Lifestyle stores in 2012

Safeway Inc. reported that profit for the second quarter dropped to $121.7 million from $146 million in the same period last year.

July 10, 2012
Study: Most grocery shoppers prefer store brands

A study released by Accenture found that, in the grocery arena, store brands continue to steal sales from brand-name products.

June 19, 2012
Walgreens in $6.7 billion deal to acquire 45% stake in Alliance Boots

Walgreen Co. said it will pay $6.7 billion for a 45% stake in European health and beauty retailer Alliance Boots, which is based in Nottingham, England, with an option to buy the rest of the company in about three years.

April 26, 2012
Safeway profits soar in Q1; 10 Lifestyle stores on tap in 2012

Safeway Inc. reported that net income for the first quarter rose to $81.6 million, from $25.1 million in the year-earlier period.

February 27, 2012
Safeway names president of Dominick’s

Safeway has named Brian Baer president of its Dominick’s Finer Foods division in the Chicago area.

February 13, 2012
Safeway spins off trio of Genuardi's stores to Weis

Safeway Inc. said that it has agreed to sell three of its Genuardi's stores in Pennsylvania to grocery chain Weis Markets.

January 20, 2012
Safeway announces change in leadership at Von’s

Safeway announced that Tom Keller, president of the company's Vons Division, will retire after more than 40 years of service in the food industry, effective Feb. 1.

January 5, 2012
Safeway sells 16 Genuardi’s stores to Giant Food Stores

Safeway Inc. is exiting the Philadelphia market.

November 30, 2011
Safeway raises stock repurchase program

Safeway said its board of directors increased its stock buyback authorization by $1.0 billion, to $8.0 billion.

October 13, 2011
Safeway Q3 profit up 6% on cost controls

Safeway reported a 6% rise in fiscal third-quarter profit amid stronger revenue from gasoline sales and cost control efforts.

September 15, 2011
Survey: Safeway, Wegman’s tops among grocers in customer service

Safeway and Wegman’s Food Markets ranked highest across all customer service elements, according to a survey by Empathica.

July 21, 2011
Safeway profit up in Q2, on track to open 26 new stores

Safeway reported Thursday that net income for the second quarter rose to $145.8 million from $141.3 million in the year-ago period, helped by rising prices and gas sales.

June 9, 2011
Coinstar and Safeway to install coin-counting kiosks

Safeway and Coinstar announced Thursday an agreement to install approximately 1,400 Coinstar kiosks in Safeway's stores in the United States and Canada by the end of 2011.

June 7, 2011
Safeway inks new $1.5 billion revolving credit agreement

Safeway said Tuesday it has signed a new $1.5 billion revolving credit agreement that replaces a $1.6 billion facility.

May 31, 2011
Private-equity firm to acquire Academy Sports

New York private-equity firm Kohlberg Kravis Roberts & Co. LP said Tuesday that it plans to acquire a majority stake in Academy Sports + Outdoors, the Katy (Houston), Texas-based privately held sporting goods retailer with 131 locations throughout the Southeast.

April 28, 2011
Safeway Q1 profit falls on tax charge

Taxes related to Safeway's effort to pay down debt reduced its first-quarter net income, but the company's adjusted results beat Wall Street's expectations as its revenue rose, the Associated Press reported.

April 12, 2011
Report: Target puts Canadian sales at $6 billion by 2017

Target expects sales from its upcoming Canadian stores to total more than $6 billion by 2017, the company’s CFO said Tuesday, Dow Jones reported.

March 17, 2011
Rue21 Q4 income up, will open 110 stores in 2011

Teen retailer rue21 said that its fourth quarter net income increased 41% to $10.9 million from $7.7 million in the year-ago period.

March 16, 2011
Safeway names new board member

Safeway has announced the appointment of T. Gary Rogers to the company's board of directors.

February 28, 2011
Report: Toys ‘R’ Us considers $800 million IPO for April

A New York Post report on Saturday said that Toys “R” Us is considering an initial public offering in April to raise around $800 million, although a final decision has not been reached.

February 24, 2011
Safeway swings to profit in Q4

Safeway reported Thursday net income of $229.6 million for the quarter ended Jan. 1, compared with a loss of $1.61 billion in the year-ago period, based on a hefty charge for the reduced value of its assets.

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