Kids of all ages and skill levels will have additional opportunities to participate in events making up the new Hy-Vee Kids Fit program. The events will build on the kids triathlon offerings Hy-Vee has held in the past, but will expand to include one-mile fun run and 5K options to support wellness and fight childhood […]
Category: Corporate Store News
Safeway Confirms Talks About Possible Sale Of Company
Safeway said Wednesday afternoon that it is in discussions concerning a possible sale of the company. “Although the discussions are ongoing, the company has not reached an agreement on a transaction, and there can be no assurance that these discussions will lead to an agreement or a completed transaction,” the company said during a fourth […]
Ingles’ Net Sales Increase, But Income And Same-Store Sales Down
Ingles Markets has reported net sales of $945.1 million for its first fiscal quarter ended Dec. 28, 1.1 percent higher than last year’s first fiscal quarter ended Dec. 29, 2012 ($935.0 million). Net income totaled $9.5 million for the December 2013 quarter compared with net income of $11.6 million for the quarter ended December 2012. “We wanted […]
Meijer Offers Kids A Chance At Co-Starring Role In New Commercial
Meijer is offering its younger customers a chance for a co-starring role in an upcoming television commercial at the cost of 1 cent. The commercial is scheduled to debut across the Midwest retailer’s five-state footprint in 2014; it will feature images of children riding its iconic penny horse, Sandy, over several generations. Meijer is asking […]
Whole Foods Debuting ‘Dark Rye’ TV Series Tonight On Pivot
Whole Foods Market and Pivot, Participant Media’s TV network targeting Millennials, is launching a television series called “Dark Rye.” The first episode, hosted by Kirk Lombard, a Bay Area fisherman and forager, airs at 9:30 p.m. (ET) tonight. Dark Rye was created as an online magazine by Whole Foods Market in 2012. The publication, through […]
Kroger, Harris Teeter Deal To Close Sooner Than Expected
The Federal Trade Commission has granted early approval regarding The Kroger Co.’s acquisition of Harris Teeter Supermarkets Inc. The deal, valued at about $2.5 billion, is expected to close by the end of January. The original close date was scheduled for early February. Kroger and Harris Teeter in July announced the definitive merger agreement, which […]
Whole Foods Commits $25M In Funding For Loans To Local Producers
Whole Foods Market says its Local Producer Loan Program (LPLP) has reached the initial goal of funding $10 million in low-interest loans to local and independent food businesses, and has now committed up to $25 million in funding. The LPLP has provided 184 loans to 155 companies since its inception in 2007. In providing easier […]
Gelson’s Parent To Sell To TPG Investment Firm For $394M
Arden Group Inc., parent of Gelson’s Markets, an operator of 17 full-service specialty grocery stores in Southern California, has entered into a definitive agreement to be acquired by TPG, the global private investment firm, in an all-cash transaction valued at approximately $394 million. Under the terms of the agreement, Arden Group’s shareholders will receive $126.50 […]
