Mergers and acquisitions

Technology

Standard AI to acquire Skip self-checkout

The deal aims to help retailers provide new cashierless services to customers and solve labor challenges.

Stores

6-unit Louie’s Fresh Market has a new owner

The Michigan-based grocery chain, founded by Alpena Oil Company, has been purchased by Blarney Castle Oil Co.

Owners have hired an investment bank to explore the disposal of the American c-store network, which includes Kroger's 700-plus convenience stores, report says.

Shareholders waited over two months as the payment, announced with the Kroger mega-merger, became entangled in litigation.

Washington’s Supreme Court late Tuesday cleared the way for stockholder payments to begin. But the state’s attorney general warned the grocer’s planned $24.6 billion merger with Kroger is “far from a done deal.”

In NRF Big Show keynote, he cites “tremendous amount of synergies” in mega-merger with Albertsons.

FTC urged to nix mega-deal due to potential impact on farmers, consumers and the food supply chain.

SpartanNash said the deal, which includes the independent grocery wholesaler’s 300,000-square-foot distribution center, will expand its supply chain network.

The e-commerce and fulfillment platform for regional grocers, which has more than 100 U.S. customers, will add shopper engagement and personalization to its capabilities with the deal, the company said.

Washington Supreme Court moves up hearing on special payment by three weeks.

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