Dollar Tree has reached an agreement to sell its Family Dollar business for $1 billion to Brigade Capital Management LP and Macellum Capital Management LLC. After a review of potential alternatives, the Dollar Tree leadership team and board of directors determined that a sale of Family Dollar to Brigade and Macellum offered the best value […]
Category: News
Posted inWholesaler/Distributor News, Associated Wholesale Grocers, Midwest, News
AWG Reports Record Results, Other Milestones
Kansas City, Kansas-based Associated Wholesale Grocers Inc. (AWG) reported net sales for the cooperative of $11.5 billion, up 2.41 percent, and consolidated company sales of $12.1 billion. AWG distributed a record $286.2 million of year-end patronage immediately following its annual shareholders meeting March 25. The total distribution of cooperative benefits returned to shareholders – including […]
Posted inIndependent Store News, Midwest, News, Schnucks
Schnucks Markets Begins Renovating Store In Mahomet, IL
Schnucks Markets Inc. has begun remodeling its store at 202 Eastwood Drive in Mahomet, Illinois. The project is expected to be completed this fall. Schnucks acquired the 38,000-square-foot location, which has 74 employees, in 2020. The store will remain open daily during the renovation, and customers can continue to use Schnucks Delivers through Instacart. Highlights […]
Posted inAssociation News, Market Profile, News, Southwest
North Texas Retailers Keeping Pace With Population Influx
The Dallas-Fort Worth Metroplex’s economic and demographic boom has cultivated a $20 billion grocery industry, prompting grocers to innovate and drawing new retailers to the area. However, it’s not merely growth; DFW is experiencing significant diversification. The influx of people from other states and countries brings a multitude of new tastes and expectations, creating an […]
Posted inCorporate Store News, National, News, The Kroger Co.
Kroger Files Legal Response, Levels Counterclaims Against Albertsons
The Kroger Co. has filed an answer and counterclaims to the complaint brought by Albertsons in the Delaware Court of Chancery, in connection with the previous merger agreement between the two companies, which was terminated in December. The court filing that Kroger issued stated that while “[it] was working diligently to seek regulatory approval and […]
Posted inExecutive News, Midwest, News, Wholesaler/Distributor News
KeHE Board Member Hung Selected As A Director To Watch
KeHE Distributors Board of Directors member Karen Hung has been selected by Private Company Director magazine as a 2025 “Director to Watch.” Hung, the CEO and founder of Silver Rock Consulting, a global management consulting firm, was appointed to the KeHE board in 2020 after a nationwide search for candidates. “This recognition is a testament to Karen’s […]
Posted inMeat/Seafood/Poultry, Association News, National, News
FMI Report: Meat Sales High As Americans View Meat As Part Of Healthy Lifestyle
Meat sales hit a record high of $104.6 billion in 2024, pounds sold increased 2.3 percent compared to 2023, and consumers on average buy meat more than once per week (Circana) – keeping meat the largest fresh department in grocery, according to the 20th annual “Power of Meat” report released March 24 at the Annual […]
Posted inProduce News, National, News
Colombian Avocados On Track For Record 2025 Season
Colombia is set to deliver 130 million pounds of avocados during the 2025 spring-summer traviesa season. Maturing orchards, strategic investments in region-specific rootstock and a growing shift toward East Coast ports are driving Colombia’s role as a year-round supply partner for the expanding U.S. market. Year-round harvest Main season (September-February): Recently concluded with a 50 […]