Safeway Inc. said this morning that the 21-day “go-shop” period that was part of the terms of the definitive merger agreement, under which AB Acquisition LLC agreed to acquire all outstanding shares of Safeway, has expired. AB Acquisition owns both Albertson’s LLC and New Albertson’s Inc. Under the agreement, Safeway and its representatives were permitted […]
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Posted in, Albertsons, Executive News, National
Two Supervalu Board Members Step Down Following Safeway Deal
Supervalu on Thursday said that two of its directors, Mark Neporent and Lenard Tessler, have stepped down from the company’s board of directors, effective immediately. Neporent and Tessler were both appointed to the board in 2013 as designees of Symphony Investors LLC, a Cerberus Capital Management L.P.-led investor consortium, under the terms of the tender […]
Posted inHy-Vee, Corporate Store News, Midwest
Hy-Vee Expands Health Focus With Kids Fit Initiative
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 […]
Posted in, Amazon Fresh, National, Store News, Whole Foods
Who Leads, And Lags, In Customer Satisfaction?
Customer satisfaction improved for a third consecutive year for retail, according to a report released by the American Customer Satisfaction Index (ACSI). The retail sector overall gained 1.7 percent to an ACSI benchmark of 77.9, boosted by higher customer satisfaction with specialty retail stores, supermarkets, drug stores and gasoline service stations. A fourth traditional retail […]
Posted in, Albertsons, New Products, West
Ehrmann Mixim Greek Yogurt Hits Stores In Six Flavor Combos
Ehrmann is rolling out Mixim, the only Greek yogurt with a triple-dip of flavorful fun, according to the Irvine, Calif.-based company. Packaged in a heart-shaped container, each serving of plain Mixim Greek yogurt is paired with two topping combinations to let consumers create their own taste sensations. Mixim is now available at retail locations in […]
Posted in, Amazon Fresh, Equipment & Technology, National, Whole Foods
Amazon Plans Retail Store Checkout System
Amazon.com is working on a checkout system for brick-and-mortar retail stores that includes using the company’s Kindle tablet device, according to the Puget Sound Business Journal. The Wall Street Journal reports Amazon would give retailers Kindles and credit-card readers for checking out customers, and could offer retailers other services, such as data analysis and website […]
Posted in, Albertsons, Store News, West
Save Mart Names Store Manager Of The Year
Save Mart, S-Mart Foods, Lucky, Maxx Value Foods and FoodMaxx stores have honored George Bettencourt, manager of Save Mart in Ceres, Calif., with the Nicholas J. Tocco Store Manager of the Year Award. This is the 20th year of the company’s award. “George Bettencourt is a top-rate store manager. He has demonstrated a continuous commitment […]
Posted in, Albertsons, Executive News, Midwest
Jewel-Osco President Stepping Down, Albertsons Closing 26 Stores
Less than a year after taking the reins, William Emmons is retiring as president of Jewel-Osco, the Chicago Tribune reported earlier this week. Lured out of retirement in March to run Jewel after it was acquired by Idaho-based New Albertsons as part of a $3.3 billion deal, Emmons announced his decision Tuesday morning. The paper […]