Mergers and acquisitions


Hannaford acquires independent grocer Tradewinds Marketplace in Blue Hill, Maine

The Scarborough, Maine-based grocer plans to operate the store under its banner beginning in May.


Kroger accelerated strategic game plan in 2022, executives say

CEO Rodney McMullen reports that Albertsons merger negotiations with regulators are on track.

Arizona attorney general also launches investigation of $24.6 billion Kroger-Albertsons merger deal.

Working with the FTC, the supermarket giants are weighing potential buyers for some 250-300 locations, sources told Reuters.

Owner Steve Grolmus, who is retiring after 45 years, said “now’s the time.” The Eldridge, Iowa, supermarket will transition to a Hy-Vee banner in early April, he said.

Private lawsuit filed in federal court also aims to terminate the Albertsons’ $4 billion special dividend announced with $24.6 billion deal.

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

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.

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