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Mergers and acquisitions

Retailers

Leevers Acquires 17 Save A Lot Stores Around Philadelphia

The family-owned Colorado independent crosses the country to double its size and further diversify as Save A Lot's wholesale transition quietly continues.

Technology

SoftBank to Buy 40% Stake in AutoStore

The $2.8 billion investment, which comes as U.S. grocery retailers embrace microfulfillment centers, values the automated warehouse company at $7.7 billion.

Retailers

Sobeys to Acquire Majority Share of Longo’s

By Jennifer Strailey on Mar. 16, 2021

Empire Co. Ltd., the holding company for Canada’s second-largest national grocery chain Sobeys, has reached an agreement to acquire 51% of Longo Brothers Fruit Markets Inc. and its Grocery Gateway e-commerce business.

Retailers

The Fresh Market Eyes an IPO

By Jon Springer on Mar. 15, 2021

After five years in private hands and with an operating turnaround bearing fruit, the specialty fresh merchant has begun to seek a return to a public listing.

Retailers

Could Sprouts Blast Off With Apollo Again?

By Jon Springer on Mar. 01, 2021

Basket Economics: A comprehensive reset, an unpredictable environment and, for the time being, an attractive stock price raise speculation around a Sprouts acquisition.

Retailers

Gelson’s To Be Acquired by Don Quijote Owners

By Jennifer Strailey on Feb. 24, 2021

Gelson’s Markets of Encino, Calif., has entered into a definitive agreement with Pan Pacific International Holdings that will allow the global retailer to acquire Gelson’s from TPG Capital.

Retailers

Wegmans to Albany: Not Now

By Jon Springer on Feb. 12, 2021

A Rensselaer County executive says the Price Chopper-Tops merger provides an opening for a new grocer in New York's Capital Region, but Wegmans isn’t taking it at this time.

Retailers

Can Price Chopper and Tops Build an Empire?

By Jon Springer on Feb. 09, 2021

Basket Economics: Business realities smooth over differences as long-standing New York regional independents prepare to join forces.

Retailers

Price Chopper, Tops to Merge

By Jon Springer on Feb. 08, 2021

The deal unites regional neighbors long in search of additional scale; Price Chopper's Scott Grimmett to oversee combined headquarters in Schenectady, N.Y.

Stores

Food Lion Opens First 2 Bi-Lo Conversions

By Jon Springer on Jan. 28, 2021

A former Bi-Lo in Cayce, S.C., and a Harveys in Tifton, Ga., are the first of as many as 62 new Food Lion stores coming to the Carolinas and Georgia as a result of last year's acquisition.

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