Mergers and acquisitions

Retailers

Circle K Parent Eyes Carrefour in Multiformat Merger

The Canadian c-store operator has made a "friendly" $20 billion merger proposal to the French supermarket giant.

Technology

ADC to Acquire ShopperKit, Eyes Scaling E-Commerce Solution

Deal between supply chain management software firms unites established industry player with counterpart bringing on e-commerce fulfillment.

The deal, which has cleared antitrust scrutiny, provides the retailer with significant share in New York City as well as e-commerce expertise.

The sale supports the discounter's pivot to wholesale, while the family run independent nearly doubles its store count with licensed units.

The wholesaler said the stores in Lexington, S.C., and Pooler, Ga., would open under the Piggly Wiggly banner.

The CPG trade promotion software company installs TABS’ founder, Kurt Jetta, as chief analytics officer.

Fairway and Gourmet Garage were "significantly" impacted by residential migration and reduction in tourist and worker population in Manhattan, but their sales help margin profiles for the Wakefern co-op retailer.

The Boston-area family-run independent known for high-volume stores will flip its three locations—and open a fourth early next year—under the Price Rite Marketplace banner.

The deal provides the meal-kit retailer with a complementary rival specializing in healthy prepared meals as e-commerce solutions soar in the pandemic.

The venerable e-commerce player fits the U.S. portfolio as a “great local brand,” officials say, while providing one another a second shot on ambitions to expand.

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