Law firms across the country are launching investigations into the proposed sale of Supervalu to UNFI for $2.9 billion, or $32.50 per share. Concerns cited by these firms include “possible breaches of fiduciary duties” and the “adequacy of the price and process” of the sale. Rigrodsky & Long, P.A. announces that it is investigating potential legal […]
Category: Wholesaler/Distributor News
Affiliated Foods Adopts BRdata Cloud To Track Scan-Based Promotions
BRdata Cloud recently debuted two new offerings focused on increasing efficiencies between retailers, wholesalers and vendors: Scan Promotion Tracking and Cloud Vendor Portal. Through Scan Promotion Tracking, BRdata Cloud processes stores’ transaction log data to track the number of times promotional items were purchased. Then, at the end of the promotion, BRdata Cloud generates invoices […]
KeHE To Serve As Sprouts’ Primary Distribution Partner Through 2025
As part of a renewed agreement, KeHE Distributors LLC will serve as the primary distribution partner for Sprouts Farmers Market’s natural, organic and fresh products through the year 2025. “Sprouts is one of the fastest-growing, most forward-thinking and efficient merchants in the country, and we are honored they have chosen to renew and expand our […]
Supervalu Mails Letter, Proxy Cards To Stockholders
Supervalu Inc. has mailed its previously announced letter to stockholders ahead of the company’s upcoming annual meeting being held on Aug. 16. In the letter, Supervalu reiterates that its board has been “a significant agent of change to improve Supervalu’s performance and deliver enhanced value to our stockholders.” The company highlights the board’s grocery industry experience […]
Supervalu Releases Investor Presentation Ahead Of Annual Meeting
Supervalu Inc. has released an investor presentation in connection with the company’s upcoming annual meeting of stockholders, to be held on Aug. 16. The presentation highlights Supervalu’s transformation plan, its efforts to position the company for success in an evolving market, and its management team’s qualifications. Supervalu’s transformation plan ‘well under way and delivering results’ For […]
Banner Wholesale Grocers Moving To A Larger Warehouse This Fall
Chicago, Illinois-based Banner Wholesale Grocers, a family-owned and -operated independent grocer specializing in American and Hispanic products, will move to a brand new 75,000-s.f. facility in the fall. Designed from the ground up, the new building gives customers the opportunity to utilize the entire warehouse during shopping hours. Banner’s current facility has housed the 92-year-old […]
Fiji Water Ends Distribution Partnership With Keurig Dr Pepper
Fiji Water, a supplier of imported bottled water, is making a change to its distribution network that will result in the brand directly handling more of its own product delivery. Fiji is discontinuing its distribution partnership with Keurig Dr Pepper (KDP) in favor of a new distribution model that “will ensure a focused, superior experience for […]
Recommended: C&S Wholesale Laying Off 328 At Orlando Warehouse
Grocery distributor C&S Wholesale Services Inc. has told state officials it plans to lay off 328 workers at its Orlando warehouse. C&S has filed a layoff notice with the state, saying it plans to lay off the workers between Aug. 27 and Sept. 10. A representative with C&S did not respond to requests for comment. […]
