Mergers and acquisitions

Retailers

Inside the Deal to Save Earth Fare

When the natural foods chain he helped build collapsed, Randy Talley hustled to find new investors and old colleagues to save Earth Fare.

Wholesalers & Distributors

UNFI Pulls Cub Off the Block

Growing sales and a slower dealmaking prompts the distrubutor to hold onto retail—for now.

The deal reunites Ahold Delhaize with dozens of stores in South Carolina and Georgia that its predecessor once owned; Bi-Lo to sell pharmacies to CVS and Walgreens.

The former Earth Fare and Lucky’s units will reopen by the end of the year, the retailer said.

The stock purchase, which would give Apollo a 17.5% ownership stake, provides a vote of confidence in the renewed retailer as its seeks a public offering.

Mediterranean food brands produce Gyro meat, pitas, hummus and more

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

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.

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

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.

  • Page 1