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Supermarket/Grocery

  • Leonard Green, CVC complete BJ's acquisition

    WESTBOROUGH, Mass. — BJ's Wholesale Club officially is owned by Leonard Green & Partners and CVC Capital Partners, just a few weeks after the retailer's stockholders approved the agreement.

    BJ's was required in an all-cash transaction valued at $51.25 per share, or $2.8 billion.

    BJ’s common stock will be delisted from the New York Stock Exchange prior to the opening of business on Monday, Oct. 3, the companies said.

    The deal was announced in late June after months of speculation. BJ’s board of directors unanimously approved the agreement.

  • Safeway kicks off annual breast cancer awareness campaign

    PLEASANTON, Calif. — Safeway's annual fundraising initiative to benefit breast cancer research once again has commenced.

  • Life’s unavoidables: Death, taxes and bank fees

    Reduced fees for debit card transactions go into effect on Monday and the architect of the authorizing legislation, Senator Dick Durbin from Illinois, was feeling a lot of love from a retail industry that's convinced ample justification remains for even deeper fee reductions.

  • NRF: Swipe fee cut will save merchants and consumers billions

    Washington, D.C. -- Retailers and their customers will save billions of dollars when new Federal Reserve regulations cutting debit-card swipe fees roughly in half take effect this weekend, the National Retail Federation said.

  • New Stop & Shop to pursue LEED certification

    Quincy. Mass. -- Stop & Shop Supermarket Co. on Saturday will open its third location in Cranston, R.I. The new store will pursue LEED (Leadership in Energy and Environmental Design) certification in the coming months.

    The new Stop & Shop was built with a range of energy-efficient features, including a fabric duct ventilation system (from DuctSox). The application, designed to provide more uniform airflow is first of its kind use for Stop & Shop.

    Other energy-saving features include:

  • Fresh & Easy caters to gluten-intolerant customers with new products, mobile-accessible list

    EL SEGUNDO, Calif. — Fresh & Easy announced that it has doubled its gluten-free product range, the supermarket chain announced Wednesday.

  • Jack Shewmaker posthumously inducted into U of A Hall of Fame

    Former Walmart senior executive and longtime board member Jack Shewmaker is among a group of four business leaders slated for induction into the Arkansas Business Hall of Fame. The induction ceremony will be held Friday, Feb. 10, 2012.

  • Castro-Wright resignation noteworthy, but not a surprise

    Normally, it is a big deal when the vice chairman of a major company announces their retirement. Especially when said executive is only 56 and in the prime of their senior leadership years. That wasn’t the case earlier this week when Walmart announced that Eduardo Castro-Wright would be stepping down as vice chairman and CEO of the company’s global e-commerce and global sourcing businesses.

  • Cheesewright becomes McMillon’s man in the Middle East and Europe

    Former Asda executive and Walmart Canada CEO David Cheesewright has a new role that opens up some intriguing growth possibilities, given his new responsibilities include oversight of geographic areas where Walmart doesn’t currently operate stores.

  • North American Video launches service contract for A&P

    Brick, N.J. -- North American Video said Thursday that it has begun servicing and maintenance of the video surveillance systems in all retail outlets across The Great Atlantic and Pacific Tea Co.

    A total of over 330 stores across seven states are part of the service program; retail banners include A&P, The Food Emporium, Pathmark, SuperFresh, Best Cellars, Waldbaum’s and Food Basics. 

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