Associated Wholesale Grocers Sells Stores to Employees
The management and employees of Homeland Acquisition Corp. (HAC) have completed an employee buyout (EBO) transaction enabling employees to purchase 100 percent of the company, which operates 76 retail grocery stores, from Associated Wholesale Grocers (AWG), a Kansas City, Kan.-based retail-owned cooperative. The deal closed on Tuesday, Dec. 27. According to AWG President and CEO […]
Superlo leases former Schnucks grocery building in Southaven
Superlo Supermarkets has leased the former Schnucks grocery building at 975 Goodman Road in the Southaven Commons shopping center, according to Shawn Massey and Robert Sloan of The Shopping Center Group. The building was vacated in September when Schnucks pulled out of the Memphis market and sold most of its buildings to Kroger. The Southaven site […]
BI-LO and Winn-Dixie Agree to Merge
Winn-Dixie Shareholders to Receive $9.50 Per Share in Cash Transaction Valued at $560 Million Combined Company to Operate Both BI-LO and Winn-Dixie Banners with Approximately 690 Stores in Eight States GREENVILLE, S.C. & JACKSONVILLE, Fla.–(BUSINESS WIRE)–Dec. 19, 2011– BI-LO, LLC (“BI-LO”) and Winn-Dixie Stores, Inc. (NASDAQ: WINN) (“Winn-Dixie”) today announced that the companies will merge […]