UNFI Aims To Change Game With $2.9B Acquisition Of Supervalu
After vowing to fight a proxy effort to assume board control by New York private investment group Blackwells Capital, Supervalu (SVU) instead made a deal on July 26 to sell…
Lofland Named Safeway Eastern President Reporting To Perkins, Who Will Continue To Head Acme
Tom Lofland has been named president of Safeway's Eastern Division, reporting to Albertsons EVP and Acme Markets president Jim Perkins.
Taking Stock
Jeff Metzger's take on the addition of Erik Keptner to the Wakefern team, plus the rest of the news of the market.
Proxy Battle For Control Of SVU Board To Be Decided August 16
The proxy battle between Supervalu and minority holder Blackwells Capital for control of the wholesaler/retailer’s board will be decided by the company’s shareholders during the shareholders meeting scheduled for August…
PA Supreme Court Maintains Legality of Philly Beverage Tax
Philadelphia mayor Jim Kenney and his city council can declare victory as the Pennsylvania Supreme Court upheld the city’s controversial tax on soft drinks and other sweetened beverages.
Breaking News: PA Supreme Court Upholds Legality of Philly Beverage Tax
The Pennsylvania Supreme Court has upheld the 1.5-cents-per-ounce tax on soft drinks and other sweetened beverages.
Taking Stock
Jeff Metzger's analysis of the recent announcement that The Fresh Market will close 15 stores, plus the rest of the news of the market.
The Fresh Market Will Shutter 15 Units As Part Of 'Turnaround' Plan
The Fresh Market, Inc. announced July 9 that it plans to close 15 stores in Virginia, North Carolina, Georgia, Illinois, Indiana, Kentucky, New Hampshire, Tennessee and Wisconsin.
Proxy Battle For Control Of SVU Board To Be Decided August 16
The proxy battle between Supervalu and minority holder Blackwells Capital for control of the wholesaler/retailer’s board will be decided by the company’s shareholders during the shareholders meeting scheduled for August…