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Mergers and acquisitions

Retailers

Earth Fare Group Adds a 5th Location

Former CEO Mike Cianciarulo named chairman as investors seek to “re-create” the brand he once led, CEO says.

Retailers

Earth Fare's Founder, Execs Acquire 4 Stores

A group headed by current and former figures at Earth Fare has acquired the brand name and four of its stores in a bankruptcy bid; Aldi, Winn-Dixie and Whole Foods select other sites, but dozens remain unsold.

Retailers

23 Lucky’s Stores Sold in Bankruptcy Auction

By Jon Springer on Mar. 27, 2020

Aldi, Publix, Southeastern Grocers gain multiple Florida stores and Dollar General gains a distribution center as estate nets $29 million.

Retailers

Village Prevails in Auction for Fairway’s Crown Jewels; Amazon Gets 2 Leases

By Jon Springer on Mar. 25, 2020

In a bankruptcy court-led auction, the ShopRite operator buys five stores and a distribution center, outbidding Bogopa, while Key Food takes a Brooklyn store and Amazon eyes remodeling 2 New Jersey units.

Retailers

Food Bazaar Owner Makes a Move for Fairway

By Jon Springer on Mar. 12, 2020

On the eve of a bankruptcy auction, Bogopa Service Corp. outbids ShopRite by $5 million and one store.

Wholesalers & Distributors

UNFI Says Coronavirus Sparking Double-Digit Volumes

By Jon Springer on Mar. 11, 2020

The distributor is working hard to meet demand, but suppliers are still catching up, CEO says in second-quarter financial update.

Retailers

Harps to Buy 20 Town and Country Stores

By WGB Staff on Mar. 11, 2020

The stores are located in northeastern Arkansas and southern Missouri and will push the number of Harps locations well past 100.

Retailers

Schnucks Agrees to Sell Pharmacies to CVS

By Kat Martin on Mar. 10, 2020

The drug chain will operate and rebrand 99 of the grocer’s pharmacies and acquire the prescription files from 11 additional Schnucks pharmacies to transfer elsewhere.

Retailers

A Cartful of Intrigue at Aldi

By Jon Springer on Feb. 28, 2020

Basket Economics: As rumors swirl of the ultimate efficiency play, the fast-growing discounter draws a crowd on Long Island.

Retailers

Blue Apron Seeks a Lifeline

By Jon Springer on Feb. 19, 2020

The meal-kit pioneer sees encouraging trends but will need more investment to successfully turn around, CEO says.

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