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Mergers & Acquisitions

  • Progressive AE and Design Plus announce merger

    Grand Rapids, Mich. -- Progressive AE and Design Plus, both of which are based in Grand Raids, Mich., announced they have merged to create one of the area’s largest full-service design firms specializing in architecture, engineering and interior design. Financial details of the merger were not disclosed.

  • Supervalu names interim president of Farm Fresh division

    MINNEAPOLIS — Supervalu has named Bill Parker as the interim president of Farm Fresh Food & Pharmacy, a 43- store division in the Virginia Beach/Norfolk, Va. market. Parker, Farm Fresh's current SVP merchandising, will replace Gaelo de la Fuente who became the company’s president in April 2010 and is leaving the company to pursue other interests. Parker will assume the new role on Sept. 15.

  • Donahue Schriber launches construction on Rocklin Crossings

    Rocklin, Calif. -- Costa Mesa, Calif.-based Donahue Schriber announced the start of construction on Rocklin Crossings, a 543,500-sq.-ft. power center located just east of Sacramento, in Rocklin, Calif.

    Anchored by Walmart, Rocklin Crossings is one of two sister-shopping centers being developed by Donahue Schriber within the city. Together, they will offer over 900,000 sq. ft. of retail and restaurants providing a regional shopping and entertainment destination for Rocklin.

  • Supervalu names interim president of Farm Fresh

    Minneapolis -- Supervalu announced that Bill Parker has been named the interim president of Farm Fresh Food & Pharmacy, a 43- store division in the Virginia Beach/Norfolk, Va., market, effective Sept. 15.

    Parker, Farm Fresh’s current senior VP merchandising, will replace Gaelo de la Fuente who became the company’s president in April 2010 and is leaving the company to pursue other interests.
     

  • Industry groups merge to enhance efficiency efforts

    Retailers and suppliers efforts to conduct commerce more efficiently are poised to benefit from the merger of two of the nation’s leading supply chain standards-setting groups.

  • WP Realty, Angelo Gordon acquires Oak Park Commons

    South Plainfield, N.J. -- Bryn Mawr, Pa.-based WP Realty and Angelo, Gordon & Co. said that the pair has Oak Park Commons in South Plainfield, N.J.

    Oak Park Commons is a one-story, 136,939-sq.-ft. community shopping center anchored by A&P Supermarket in 60,025 sq. ft. and includes a mix of national, regional, and local tenants. It is currently 76% occupied.
     

  • Levi names head of Docker's brand

    SAN FRANCISCO — Levi Strauss & Co has named longtime apparel executive Seth Ellison president of the global Dockers brand effective Sept. 10.

  • Kraft Foods outlines plans for North American grocery biz

    BOSTON — The future North American grocery business of Kraft Foods will deliver steady and profitable top-line growth, consistent bottom-line growth and a superior dividend payout, according to the business' future executive team.

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