Posted in, Albertsons, National

Supervalu Reportedly Moving Toward Sale Of Two Chains To Cerberus

Bloomberg News reports Supervalu Inc. is moving toward a deal to sell retail chains such as Albertsons and Save-A-Lot to Cerberus Capital Management LP after talks on a full takeover of the grocer stalled, said people with knowledge of the matter. Save-A-Lot, Supervalu’s hard-discount banner, also received interest from parties such as private-equity firm KKR […]

Posted in, Amazon Fresh, National, Whole Foods

Report: Cyber Monday Online Shopping Reaches All Time High

Holiday shoppers turned Cyber Monday into the biggest spending day ever with online sales growing 30.3 percent over the same period last year, according to cloud-based analytics findings by IBM. With an increase in online sales across multiple channels, the digital consumer took center stage. Retailers, marketing departments and CMOs delivered a consistent customer experience […]