Albertsons and Safeway on Friday said that they have completed their proposed merger. Under the terms of the agreement first announced and unanimously approved by Safeway’s board of directors in March 2014, Albertsons will acquire all outstanding shares of Safeway. The deal is valued at approximately $9.2 billion. The merger creates a company that has 2,230 […]
Category: Corporate Store News
Sprouts Recognized By Supply Chain Solutions Provider As Innovator Of The Year
iTradeNetwork, a provider of supply chain solutions for the food service and retail industries, has honored Sprouts Farmers Market with its Innovator of the Year Award for Supply Chain Technology. The Phoenix, Arizona-based grocers was recognized for its visionary contributions shaping the breakthrough new iTrade store order management solution, scheduled for general release later this […]
AFS Launches Platform To Provide Online, Mobile Shopping Opportunities
Associated Food Stores (AFS) is making grocery shopping more convenient through a partnership with Rosie, an integrated software company, which will provide online/mobile shopping opportunities to retailers. The new platform will enable participating AFS corporate and member stores to reach new customers, while providing consumer behavior analytics, data analysis and new marketing opportunities. Saveway Market […]
Martin’s Will Be ‘Official Supermarket’ Of 2015 Richmond Cycling Event
Richmond 2015, the organizer of the 2015 UCI Road World Championships, says that Martin’s Food Markets will join its team of major corporate partners of the nine-day cycling event that will be held in Richmond, Virginia, in September. Martin’s, operating 24 grocery stores in central Virginia, will be the “Official Supermarket” of this year’s UCI […]
Albertsons Market Debuts First Alamogordo, New Mexico, Store
Albertsons Market opened the company’s first Alamogordo, New Mexico, store Jan. 28. Located at 1300 East 10th Street, the 53,727-s.f. Albertsons Market offers a wide variety of specialty foods, including more than 2,000 international and imported items, an expansive bulk food section, a wine steward and a gluten-free selection containing more than 300 items. The […]
GMA Honors Food City’s Steve Smith With Collaboration Leadership Award
Steve Smith, president and CEO of Food City, has received the Grocery Manufacturers Association (GMA) 2015 Industry Collaboration Leadership Award at the Food Marketing Institute’s (FMI) Midwinter Executive Conference, happening now in Miami. The GMA award, established in 2011, recognizes an industry leader who has demonstrated excellence in fostering collaboration among consumer packaged goods industry […]
Bi-Lo Hires International Exec As President/CEO
At the end of the day Thursday, Jan. 22, Bi-Lo Holdings announced its choice for its new president and CEO. Ian McLeod, whose 30-year career in the food industry includes overseeing more than 2,000 Coles stores in Australia, will become president and CEO of Jacksonville, Florida-based Bi-Lo Holdings on March 2, the same day current president and […]
Dollar Tree Defeats Dollar General In Bid For Family Dollar
Dollar Tree has emerged victorious in its bid for the Family Dollar chain, as Family Dollar shareholders voted Thursday to approve a merger with chain. The deal also quashes Dollar General’s pursuit of Family Dollar. As The Wall Street Journal reports, Dollar General had long eyed buying up its main competitor, but those plans were […]
