CAMP HILL, Pa. — In the wake of their canceled merger agreement, Albertsons Cos. and Rite Aid Corp. confront very different challenges as they face the future. Albertsons’ board of directors declined to change the terms of its offer to Rite Aid shareholders in the face of mounting opposition from shareholder advisory services and major
WILMINGTON, N.C. — Dollar General Corp. opened its 15,000th store here last month, marking the milestone with a community celebration and donation of $15,000 to five local schools to support literacy and education initiatives. The opening is part of the chain’s aggressive expansion program for 2018, which calls for 900 new store openings, 100 relocations
CINCINNATI — Kroger Co. has made a number of executive appointments recently. Earlier this month the nation’s largest supermarket operator named Valerie Jabbar group vice president of merchandising, effective September 1. She has been president of Kroger’s Ralphs Grocery division — which encompasses 191 stores in Southern California — for the past two years. “Valerie
WEST DES MOINES, Iowa — Hy-Vee Inc., a leader in making its stores a true health and wellness destination, has opened its first HealthMarket here, a concept store envisioned as a one-stop shop for health-conscious shoppers. The 15,700-square-foot store combines several of the initiatives and partnerships Hy-Vee has undertaken in recent years to spur growth
MINNEAPOLIS — Supervalu Inc. has agreed to be acquired by United Natural Foods Inc. (UNFI) for $32.50 per share in cash, or approximately $1.3 billion in cash plus the assumption of outstanding debt and liabilities. The transaction, which has been approved by the boards of directors of both companies, is valued at about $2.9 billion
GRAND RAPIDS, Mich. — Meijer Inc. is continuing its steady expansion drive, opening its newest supercenter last month in Hudsonville, Mich. It is slated to open a new, smaller-format store under a different banner in Grand Rapids late this month. The Hudsonville supercenter measures 155,000 square feet and combines traditional design elements with innovative features.
SEATTLE — Amazon.com and Whole Foods Market have introduced a new grocery pickup service that allows Amazon Prime members to shop Whole Foods’ selection of fresh and organic produce, bakery, dairy, meat and seafood, floral, and everyday staples and pick up their order in as little as 30 minutes, without leaving their car. “Pickup from
BATAVIA, Ill. — Discount supermarket operator Aldi is introducing organic fresh produce, prepared food and other new items as it accelerates a growth plan that includes the addition of about 700 stores in the United States over the next four years. Germany-based Aldi now has 1,800 U.S. stores in 35 states, many of which are
MINNEAPOLIS — While growing e-commerce is a priority at Target Corp., the discount retailer is equally focused on keeping its physical stores relevant and appealing through an aggressive remodeling program. Target intends to make over at least 1,000 of its 1,835 stores by 2020. The program is moving forward in high gear: During the first
CHESAPEAKE, Va. — Dollar Tree Inc. recently celebrated a milestone with the opening of its 15,000th store. The opening also featured discounts and promotions at the retailer’s outlets across the United States and in five Canadian provinces. “We are excited to have reached this important milestone in our business, and we continue to see the
DEERFIELD, Ill. — Walgreens is rolling out Find Care Now, a digital platform and marketplace designed to connect the company’s millions of mobile and online visitors to health care services at Walgreens stores and to a growing selection of recognized providers in the community. The retailer is working with a current list of 17 participating
The eleventh-hour collapse of the merger between Albertsons Cos. and Rite Aid Corp. in the face of opposition from the latter’s shareholders raises a host of questions for the two companies and the people who run them. The plug was pulled earlier this month, less than a day before Rite Aid stockholders were to have