Mergers and acquisitions


Walmart to Divest Argentina Operations

The retailer said the sale to Grupo de Navarro would result in a $1 billion noncash Q3 loss as its international portfolio reset continues.


Ocado, Myrmex Offcials Discuss An Important but Mysterious Deal

The partnership between Ocadao and Mymex isn’t necessarily what you think is, but when it comes to automating online grocery, every bit helps.

The same week SpartanNash announced a 7-year distribution agreement with Amazon, an affiliate of the wholesaler inked a 7-year lease at a former US Foods facility near Washington, but has not disclosed specific plans for it.

Investment could commercialize robotic order retrieval solutions at companies like Kroger, marrying efficient technology enhancements at both ends of the online grocery experience.

The $96.4 million cash offer would acquire 27 stores, which the Albertsons Co. division intends to run under current banners.

Local businessman Jason Word says the move will "open doors for the community" as Save A Lot moves to recast as a wholesaler.

EG Group leading investors in $8.8B deal that could generate more investment for Walmart growth initiatives elsewhere.

Over 12 years at UNFI, Spinner grew with the natural food movement and retail partners such as Whole Foods before taking on the mainstream with the transformative Supervalu deal; Q4 earnings beat Street estimates.

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

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

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