Posted in, Corporate Store News, Southeast

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 […]

Posted in, Corporate Store News, National

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 […]

Posted in, Corporate Store News, National

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 […]

Posted in, Corporate Store News, West

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 […]