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Mergers and acquisitions

Industry Partners

Uber Buys Out Cornershop, Eyes Long-Term Opportunity in Grocery

 By Jon Springer on Jun. 21, 2021

Uber executives see grocery delivery as large addressable market with eyes on global growth.

Retailers

Boxed Going Public in Seven Oaks SPAC Deal

 By Jon Springer on Jun. 14, 2021

The growth-minded online bulk retailer is expected to receive $334 million in net proceeds and a public stock listing through a merger with a "blank check" public company.

Retailers

Inside Save A Lot's Fresh Encounter

By Jon Springer on Jun. 11, 2021

Family-owned independent Fresh Encounter, which took over 51 corporate Save A Lot stores in Florida, unveiled a $7 million renovation this month.

Technology

ShopHero CEO: Dot Acquisition Solidifies Commitment to Indie E-Commerce

By Jon Springer on Jun. 03, 2021

Matt Garner, CEO of ShopHero, says the sale of the e-commerce provider to logistics firm Dot Foods solidifies its commitment to its retail partners and sets the stage for future innovation.

Retailers

C-Store Operator Takes Over 5 Washington, D.C.-Area Save A Lot Stores

By Jon Springer on Jun. 01, 2021

As Save A Lot continues to transform to wholesale, it has transferred five corporate stores to c-store operator AQS Foods.

Retailers

Bodega Latina to Acquire Smart & Final for $620M

By Jon Springer on May 14, 2021

The non-membership warehouse club will join the parent of El Super and Fiesta Mart as Apollo flips the brand after 2 years at a tidy profit.

Retailers

David McInerney Steps Down as FreshDirect CEO

By Jon Springer on May 05, 2021

The onetime chef who co-founded the iconic New York grocery e-commerce retailer turns the reins over to Ahold Delhaize's Farhan Siddiqi while a search for a successor begins.

Retailers

Leevers Acquires 17 Save A Lot Stores Around Philadelphia

By Jon Springer on Apr. 22, 2021

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

By Jon Springer on Apr. 06, 2021

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.

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