Mergers and acquisitions

Ocado Acquires Stake in Automated Pickup Solution Myrmex

Investment could commercialize robotic order retrieval solutions at companies like Kroger, marrying efficient technology enhancements at both ends of the online grocery experience.

Wholesalers & Distributors

SpartanNash Leases Massive Md. Food Warehouse, Sparking More Amazon Speculation

The same week SpartanNash announced a 7-year distribution agreement with Amazon, an affiliate of the wholesaler inked a 7-year lease at a former US Foods facility near Washington, but has not disclosed specific plans for it.

Retailers

Acme Posts High Bid in Kings/Balducci’s Bankruptcy Auction

By Jon Springer on Oct. 14, 2020

The $96.4 million cash offer would acquire 27 stores, which the Albertsons Co. division intends to run under current banners.

Retailers

Nashville Investor Buys 4 Save A Lot Stores

By Jon Springer on Oct. 12, 2020

Local businessman Jason Word says the move will "open doors for the community" as Save A Lot moves to recast as a wholesaler.

Retailers

Walmart Reaches New Deal to Sell UK’s Asda Chain

By Jon Springer on Oct. 02, 2020

EG Group leading investors in $8.8B deal that could generate more investment for Walmart growth initiatives elsewhere.

Wholesalers & Distributors

UNFI CEO Steven Spinner to Retire

By Jon Springer on Sep. 28, 2020

Over 12 years at UNFI, Spinner grew with the natural food movement and retail partners such as Whole Foods before taking on the mainstream with the transformative Supervalu deal; Q4 earnings beat Street estimates.

Retailers