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Retailers

Save A Lot Recapitalizes, Could Pivot to Wholesale

An agreement with lenders provides $138 million in new capital and a "statement of confidence" in the transforming discounter, which sources said could pivot to wholesaling.

Retailers

Dollar Tree Warns Shareholders of ‘Mini-Tender’ Offer

The discounter said it was "neutral” toward TRC Capital’s offer but reminds shareholders to check the price.

Retailers

Louisiana Discounter Files Chapter 11

By Jon Springer on Dec. 30, 2019

Failed Winn-Dixie conversions, debt to supplier at issue in Shoppers Value bankruptcy

Retailers

10 Stories That Mattered in the Grocery Business in 2019

By Jon Springer on Dec. 18, 2019

Food retailing got little more sophisticated—and a lot more personal.

Retailers

Military Vets Accuse Save A Lot Owner of Fraud, Racketeering

By Jon Springer on Dec. 17, 2019

A group of U.S. Navy and Marine veterans who invested in Save A Lot stores on a "mission" to combat food deserts say the chain's private owners deliberately misled and underserved them.

Retailers

Making Best Better: Lidl Takes On Long Island

By Jon Springer on Dec. 12, 2019

"It's just the beginning for us," says Chairman Roman Heini, as the discounter's Long Island debut highlights a new growth spurt.

Retailers

Aldi Puts Arizona Expansion on Hold

By Jon Springer on Dec. 04, 2019

A facilities redesign reportedly puts warehouse—and stores—“several years out,” but local sources still expect the fast-growing discounter to arrive in the state.

Retailers

Lidl to Open 1st Long Island Stores

By Jon Springer on Dec. 02, 2019

Sites in West Babylon and Center Moriches to kick off wave of new stores and Best Market conversions.

Retailers

Grocery Outlet Names 2 New Board Members

By Jon Springer on Nov. 22, 2019

John "Jeb" Bachman and Mary Kay Haben join as nonemployee directors as the discounter's board expands to 11 members.

Retailers

Grocery Outlet Taps Walmart Veteran to Lead East Coast Expansion

By Jon Springer on Nov. 12, 2019

Heather Mayo, who previously worked for Sam’s Club, Boxed and BJ’s, will ready former Amelia’s base for growth as Q3 sales swell.

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