Mergers and acquisitions

Retailers

Lowes, B&T to Purchase 23 Bi-Lo Locations

Bi-Lo parent Southeastern Grocers continues the exit of its South Carolina-based banner.

Retailers

Kings/Balducci's Files Chapter 11 to Facilitate Sale

Suffering pre-COVID sales declines and deep debt, the chain will market a $75 million acquisition offer in bankruptcy court.

The operator of the multiethnic superstore chain Food Bazaar will take over Fairway units in Brooklyn and Queens.

The Queens grocer, a runner-up in the auction for Fairway's crown jewels, shops at a discount.

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

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

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