By Harry Brumpton and Joshua Franklin (Reuters) – Smart & Final Stores Inc (SFS.N), a U.S. food retailer controlled by private equity firm Ares Management Corp (ARES.N), is exploring options that include a sale of the company, according to people familiar with the matter. An outright sale would allow Ares to cash out on its […]
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Recommended: Peter Magowan, Key Leader Of SF Giants And Safeway, Dies
Peter A. Magowan, the charismatic Safeway supermarket magnate and San Francisco Giants owner and executive who fought off relocation of the team and spearheaded construction of their waterfront ballpark, died Sunday afternoon at his home in Pacific Heights. Magowan had been ill for several years, undergoing surgeries for prostate and liver cancer, and had recently […]
Recommended: North Carolina Co-Op To Close In A Few Weeks
A community that desperately needed a grocery store will soon have to find another place to shop for food items. Renaissance Community Co-op announced Wednesday afternoon the store is closing due to lack of sales and not being able to keep up with their expenses. “We got some information from one of our lenders and […]
Recommended: Save Mart Is Changing Its Look And Feel, But Not Its Valley Grown Pride
The fresh face leading Modesto-based grocery giant Save Mart wants to bring fresh ideas, a fresh look and fresh experience to the Central Valley. The Save Mart Companies CEO Nicole Pesco, whose grandfather Michael Piccinini and great-granduncle Nick Tocco started the venerable valley brand in 1952, is now almost two years into her tenure at […]
Recommended: Supervalu To Close Remaining Shop ‘N Save Stores
Supervalu said Thursday it would close the remaining 16 Shop ‘n Save stores and one remaining fuel center by Monday, Nov. 19. The stores and fuel center are all located in the St. Louis area and in the Springfield, Illinois area. “The decision to close the remaining Shop ‘n Save stores was a difficult decision […]
Recommended: After Just Five Months, Big Apple Supermarket Closing In Va.
Open less than six months, the Big Apple Supermarket in the Brook Run Shopping Center in northern Henrico County is closing. Employees at the store said today, Sunday, will be the last day the store operates. General manager Joseph Turner confirmed Saturday that the store was closing but referred other questions to a store official […]
Recommended: Will President Donald Trump’s Trade Wars Raise Grocery Prices?
President Donald Trump is betting that his trade wars won’t affect U.S. shoppers as he seeks to rewrite – or end – international trade deals. While U.S. exporters – farmers and manufacturers – are anxiously looking on as the Trump administration demands terms to bring jobs back to America, the average consumer isn’t seeing any […]
Recommended: Ohio’s Huffman’s Market Sold, Will Remain In Business
After more than three decades in business, the owner of Huffman’s Market in the Tremont Center has sold his store. Tim Huffman, who opened Huffman’s Market with two brothers at 2140 Tremont Center in Upper Arlington in 1987, sold the store to Chicago businessman Raj Patel. The sale was completed July 30. Huffman declined to […]
Recommended: Publix To Renovate Two Florida Stores At $1.9M
Publix Super Markets Inc. continues its store renovations, this round comprising two in north and southwest Jacksonville. Elkins Construction LLC proposes to renovate the store at 731 Duval Station Road at a cost of $975,000 and the store at 9518 Argyle Forest Blvd. at $900,000. The 48,830-square-foot Duval Station Centre store and the 49,600-square-foot OakLeaf […]
Recommended: Chef’d Shuts Down Suddenly, Lays Off Workers
Chef’d, a major meal-kit company, suddenly shut down services on Monday. As of Tuesday, customers can no longer place orders on the meal-kit service’s website. According to four sources with knowledge of the situation and an internal email viewed by Business Insider, the company alerted employees that it was immediately ceasing operations on Monday. Chef’d’s […]
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. […]
Recommended: Southeastern Grocers To Upgrade 100 Stores This Year
Now that Southeastern Grocers successfully reorganized its finances in a Chapter 11 bankruptcy process, customers will see the supermarket operator ramp up its pace of store upgrades, CEO Anthony Hucker said Thursday. “We’re now able to move with a much more powerful velocity,” Hucker said in an interview after the company unveiled a newly remodeled […]
Recommended: Grocers Trying To Lessen Impact On The Environment
Specialty grocery stores such as Ellwood Thompson’s Local Market and Whole Foods Market have as part of their mission to minimize their impact on the environment and natural resources. “We are worried about the planet. We care about the generations to come, our children and grandchildren,” said Rick Hood, owner of Ellwood Thompson’s, which has […]
Recommended: Maker Of Candy Hearts And NECCO Wafers Sold
The bankrupt maker of Necco Wafers, Sweethearts conversation hearts and other beloved American candies has a new owner. The Ohio-based Spangler Candy Co. had the winning $18.83 million bid for the New England Confectionery Co. at a federal bankruptcy auction in Boston. Wednesday’s acquisition ensures at least a short-term future for the candy maker better […]
Recommended: Albertsons To Remodel Idaho store, Plans 5 New Stores
The ParkCenter Albertsons is ready for a makeover that will bring a new Starbucks kiosk, new check stands and cold cases, and an expanded salad bar. The remodel comes as Albertsons is adding stores across Ada County. The $230,000 remodel will include new floor tiles and lass doors in the dairy section of the store […]
Recommended: Gangster Accused Of Killing Grape Grower Jakov Dulcich Denies Involvement
An admitted gang member accused of gunning down Delano grape grower Jakov Dulcich repeatedly denied involvement in the killing after being told a witness identified him as the shooter and the suspect vehicle — a silver Kia registered to his mother — was found set ablaze at the Kern-Tulare county line, according to court documents. […]
Recommended: Massive Egg Recall For Salmonella Affects Walmart, Waffle House
More than 200 million eggs produced by Rose Acre Farms of Seymour, Indiana have been recalled this weekend over fears of salmonella. According to a statement from the FDA, Rose Acre issued the recall after officials traced multiple illnesses back to eggs produced at the company’s facility in North Carolina. Some 22 people have reportedly […]
Recommended: Supervalu Is Working With Adviser On Possible Sale
Retailer Supervalu Inc. is working with an adviser to consider options including a potential sale, according to people familiar with the matter. Supervalu is mainly a grocery wholesaler, providing products to more than 1,800 stores. The company also operates almost 200 locations after selling most of its brick-and-mortar operations in recent years. Its private label […]
Recommended: Walmart Is Looking At Buying PillPack, An Online Pharmacy
Online pharmacy start-up PillPack is in talks to be acquired by Walmart for under $1 billion, according to two sources familiar with the matter. PillPack’s focus on making it easier for customers to order and fulfill medications is an attractive proposition for Walmart and other e-commerce companies that are looking to enhance their health care […]
Recommended: Five Global Cuisines To Watch In 2018
Fascination with the foods and culinary practices of other countries is intensifying as chefs and restaurateurs expand their global horizons to accommodate adventurous patrons seeking new flavor experiences and dining directions. Culinary professionals cite this growing interest in international foodways as being one of the most influential trends shaping the industry today. The National Restaurant […]
