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Mergers and acquisitions

Retailers

Kings/Balducci's Files Chapter 11 to Facilitate Sale

 By Jon Springer on Aug. 24, 2020

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

Retailers

Food Bazaar–Fairway Deal Gets Court OK

 By Jon Springer on Jul. 28, 2020

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

Retailers

Food Bazaar to Buy 2 Fairway Units as Others Close

By Jon Springer on Jul. 21, 2020

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

Retailers

Inside the Deal to Save Earth Fare

By Jon Springer on Jul. 02, 2020

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

By Jon Springer on Jun. 11, 2020

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

Retailers

Food Lion to Buy 62 Bi-Lo and Harveys Stores

By Jon Springer on Jun. 03, 2020

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.

Retailers

Southeastern Sets 8 Florida Winn-Dixie Openings

By Jon Springer on May 27, 2020

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

Retailers

Apollo to Invest $1.75B in Albertsons

By Jon Springer on May 20, 2020

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.

CPG

Kronos and Grecian Delight Merge

By Brett Dworski on Apr. 09, 2020

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

Retailers

Earth Fare Group Adds a 5th Location

By Jon Springer on Mar. 31, 2020

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

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