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Two California grocers to merge; more stores planned
Two Hispanic supermarket chains are merging with an eye to extending their footprint beyond their home base. Private equity firm KKR announced it is combining Cardenas Markets and Mi Pueblo, which KKR (and Victory Park Capital) acquired at the end of last year. The combined business will operate as Cardenas Markets LLC and will become one of the largest Hispanic supermarket chains in the country. -
Report: Amazon beat out six other suitors for Whole Foods Market
As it turns out, there was lots of interest in Whole Foods Market. The retailer was fielding other potential deals, including approaches by four private equity firms and two unnamed companies identified only as "Company X" and "Company Y," when Amazon made its move, CNBC reported.

