An affiliate of private equity investment firm H.I.G. Capital (H.I.G.) has acquired from Sterling Investment Partners and certain other selling shareholders, their interests in Warren, Michigan-based Lipari Foods Operating Co. H.I.G. is partnering with the Lipari family and the current management team to grow the company’s distribution and manufacturing platform. Terms of the transaction were […]
Category: Retailers
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Trader Joe’s Again Takes Top Spot On Retailer Preference Index
Dunnhumby, a customer data science company, on Jan. 9 released the second annual dunnhumby Retailer Preference Index (RPI), a nationwide study that examines the $700 billion U.S. grocery market. The RPI study surveyed 7,000 U.S. households to determine which of the top 56 largest grocery retailers have the strongest combination of financial performance and consumer emotional […]
The Shelby Report Of The Southwest’s 2018 Year In Review
A super buy, first-ever closure and a great American is honored in Oklahoma There were some unexpected closures in 2018 brought to readers by Natural Grocers and Sam’s Club. Down in San Antonio, H-E-B has delved deep into high-tech with its acquisition of on-demand delivery service Favor and upcoming tech facility and innovation lab for […]
Rosen Law Firm Files Class Action Against Costco
Rosen Law Firm, a global investor rights law firm with a focus on securities class actions and shareholder derivative litigation, has filed a class-action lawsuit on behalf of purchasers of Costco securities from June 6, 2018, through Oct. 25, 2018. The lawsuit seeks to recover damages for Costco investors under the federal securities laws. The lawsuit claims defendants […]
Raley’s Invests In Two Acquired Locations In Reno
West Sacramento, California-based Raley’s has invested in and improved two of its recently acquired Reno, Nevada, area stores. Raley’s in Mira Loma received expanded product offerings while Raley’s on Caughlin Parkway also received expanded product offerings plus a new décor package. When Raley’s acquired the Scolari’s locations earlier this year, each store was set to […]
IPC Gets A Lot of Yardage Out Of Famous Idaho Potato Bowl
Freshman BYU quarterback Zach Wilson threw a perfect game Dec. 21 against the Western Michigan Broncos on the blue turf at Albertsons Stadium during the 22nd annual Famous Idaho Potato Bowl (FIPB). Wilson completed all 18 passes totaling 317 yards and threw four touchdowns, setting a new single-game BYU record for completions. The BYU Cougars […]
Uncle Ben’s, Retailers Donate More Than $24,000 To Schools Nationwide
The Uncle Ben’s brand is teaming up with local retailers across the country to donate more than $24,000 to schools as part of its annual Ben’s Beginners program. As part of the program, retailers select local schools to receive a donation to encourage healthy eating in their communities. Donations from Albertsons, Hannaford, Raleys and Stater Bros. will […]
BJ’s Wholesale Club Names Peterson To Board Of Directors
BJ’s Wholesale Club Inc. has announced that Christopher H. Peterson, EVP, CFO, Newell Brands, has been named to the board of directors. He will serve as chair of the board’s Audit Committee. The company also announced that Tommy Yin has left the board. Yin, an associate at Leonard Green, joined the board in 2017. “We’re […]
