Large Chains

Phoenix -- Sprouts Farmers Market said it has completed a new five-year, $450 million revolving credit facility to replace its existing term loan and revolving credit facility.

Publix is celebrating its 85th anniversary this year with an annual day of service in which more than 4,000 of its employees will participate in service projects.

Publix employees across the company’s six operating states will be volunteering with more than 125 nonprofits whose focus is on youth, education or the plight of the hungry and homeless.

Smart & Final’s largest shareholder has further reduced its ownership stake in the profitable and growing company by 10 million shares, but still maintains majority control as the retailer pursues ambitious plans in 2015.

Former Walmart CEO and current board member Mike Duke is the newest operating executive at the Carlyle Group, which suggests the pace of deal-making activity in the retail and consumer packaged goods world could be about to heat up.

Carlisle, Pa. -- Giant Food Stores and Martin’s Food Markets said they will begin paying all non-union workers a minimum of $9 a hour beginning in June.

The operator of 200 stores in Pennsylvania, Maryland, Virginia and West Virginia said the move was part of the company’s commitment to provide competitive wages.

"Our associates are the foundation of our success, and we have always believed in paying competitive wages to attract the best talent," said Tom Lenkevich, Giant/Martin’s president.

Commerce, Calif. - Smart & Final Stores Inc. is pricing an underwritten public offering of 10 million shares of its common stock at $18.50 per share. The shares are owned by certain stockholders of the company, including affiliates of Ares Management L.P.

Oslo, Norway - Scandinavian multinational supermarket chain Rema 1000 will be leveraging Revionics lifecycle pricing solutions in all product categories across all of its retail stores. Utilizing advanced science and predictive analytics, Rema 1000 will be able to strategically manage pricing and consistently align it with brand image, offer promotions that are compelling and profitable and more accurately forecast and measure key financial metrics.

Pennsylvania-based food retailers Giant and Martin’s Food Stores said they will begin paying all non-union workers a minimum of $9 a hour beginning in June.

The operator of 200 stores in Pennsylvania, Maryland, Virginia and West Virginia said the move was part of the company’s commitment to provide competitive wages.

"Our associates are the foundation of our success, and we have always believed in paying competitive wages to attract the best talent," said Tom Lenkevich, Giant/Martin’s president.

The parent company of Safeway and Albertson's has promoted its executive chairman and created a four-person Office of the CEO.

Deerfield, Ill. – Walgreens Boots Alliance has named U.S. Foods president and CEO John Lederer to the board of directors. Lederer was appointed president and CEO of US Foods in September 2010, and previously was chairman and CEO of Duane Reade.

Lederer also held a variety of senior leadership positions during a 30-year career at Loblaw Companies Ltd.