Skip to main content

Wholesalers

  • Harris Teeter confirms reports of possible sale

    MATTHEWS, N.C. — Harris Teeter on Wednesday confirmed an earlier Wall Street Journal report that the grocer was in the process of exploring strategic options. 

  • Grocery group makes 'Retail Sense' of marketing

    TAMPA, Fla. — Retail Sense, a marketing software company, has entered into a multi-year contract with Associated Wholesale Grocers, a retailer-owned cooperative serving over 2,500 retail stores, to implement its IntelliSence marketing resource management solution.

  • Kimco Realty part of Supervalu deal

    New Hyde Park, N.Y. — In the much-watched deal between Supervalu and a consortium of investors led by Cerberus Capital Management, Kimco Realty Group – along with several other real estate companies — has emerged as a player.

  • Supervalu in deal with private-investor group led by Cerberus

    Minneapolis -- Supervalu Inc. announced Thursday that it has reached a deal to sell its Albertsons, Acme, Jewel-Osco, Shaw's and Star Market stores and related Osco and Sav-on in-store pharmacies to a private equity group in a transaction valued at $3.3 billion.

    AB Acquisition, a consortium of investors led by Cerberus Capital Management, will get 877 stores across the various banners in the deal. The investor group also includes Kimco Realty Corp., Klaff Realty LP, Lubert-Adler Partners and Schottenstein Real Estate Group.

  • Report: sale of Supervalu imminent

    NEW YORK — The breakup of Supervalu to private equity firm Cerberus Capital Management could be announced as soon as Thursday when Supervalu shares third-quarter results with analysts, according to a report in the Wall Street Journal published Friday.

    Bloomberg also reported that a deal between Cerberus and Supervalu was imminent. According to that Bloomberg report, Cerberus would lead an investment of around $500 million in equity.

  • Tops in deal to buy three Big M supermarkets

    Williamsville, N.Y. -- Tops Friendly Markets, a full-service grocery retailer in upstate New York, northern Pennsylvania and western Vermont, today announced that the company has entered into an agreement with the Farrugia family to acquire three Big M supermarkets located in Elbridge, N.Y., Mexico, N.Y., and Jordan, N.Y.

    This marks the third acquisition deal this year for Tops and will expand Tops' footprint further into areas of northern and central New York State.

     

  • Fresh Market leases four Houston-area locations

    Greensboro, N.C. - The Fresh Market said Wednesday it has entered into agreements to lease four new store locations that are currently operated as Rice Epicurean Markets, a family-owned specialty food retailer based in Houston.

    Rice Epicurean Markets will continue to operate the stores through the end of the year, and will close these four stores during the first quarter of 2013.

  • Weis Markets profit edges up in Q3

    Sunbury, Pa. -- Weis Markets Inc. reported Friday that net income for the third quarter increased 1.2% to $17.2 million.

    Sales for the period dipped 1.5% to $668.4 million and same-store stores decreased 1.7%.

    Weis Markets operates 162 stores in Pennsylvania, Maryland, New York, New Jersey and West Virginia.

     

X
This ad will auto-close in 10 seconds