Mergers and acquisitions

Retailers

Food Bazaar Owner Makes a Move for Fairway

On the eve of a bankruptcy auction, Bogopa Service Corp. outbids ShopRite by $5 million and one store.

Wholesalers & Distributors

UNFI Says Coronavirus Sparking Double-Digit Volumes

The distributor is working hard to meet demand, but suppliers are still catching up, CEO says in second-quarter financial update.

The stores are located in northeastern Arkansas and southern Missouri and will push the number of Harps locations well past 100.

The drug chain will operate and rebrand 99 of the grocer’s pharmacies and acquire the prescription files from 11 additional Schnucks pharmacies to transfer elsewhere.

Basket Economics: As rumors swirl of the ultimate efficiency play, the fast-growing discounter draws a crowd on Long Island.

The meal-kit pioneer sees encouraging trends but will need more investment to successfully turn around, CEO says.

The retailer's U.S. comps grew by 2.3%—and online sales by nearly 43%—justifying a focus on bricks with clicks.

Bankruptcy filing details talks with a potential suitor that died over the weekend, leading to the retailer's sudden liquidation.

Asset purchase agreements have now been filed for 24 of 39 units wiped out by Lucky's bankruptcy.

Competitors such as Sprouts and and distributors including UNFI are already absorbing negative impacts, analyst says.

  • Page 2