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Retail News Breaks Archives

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Week of Mon, Feb 14th, 2011

Family Dollar receives unsolicited buyout bid

Family Dollar Stores Inc. has received an unsolicited conditional proposal from investor Nelson Peltz’s Trian Group to acquire the chain for a price between $55 and $60 per share, or as much as $7.6 billion in cash.

Safeway debuts SimpleNutrition shelf tag system

Safeway Inc. has introduced an in-store shelf-tag system dubbed SimpleNutrition that is intended to make it easier for shoppers to find and make better nutrition choices.

Publix tops customer satisfaction survey again

Publix Super Markets Inc. once again easily beat all other supermarket contenders in the annual American Customer Satisfaction Index with a score of 84.

A&P to shutter stores; adds merchandising execs

A&P has filed a motion seeking bankruptcy court approval to shutter 32 stores in six states as part of its financial and operational restructuring under Chapter 11.