Industry veteran Bill White leads buyout of Southern Family Markets from C&S BIRMINGHAM, Ala. — Belle Foods, a company here formed by industry veteran Bill White, said Tuesday that it has agreed to acquire the Southern Family Markets chain, also based here. The agreement includes all 57 stores, which operate in Alabama, Florida, Georgia and
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 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
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
The Federal Trade Commission is seeking public comments on an application filed by the Divestiture Trustee in the Tops Markets matter seeking approval to sell one former Penn Traffic supermarket to Moran Foods, Inc., d/b/a Save-A-Lot, Ltd., a wholly owned subsidiary of SuperValu.
By JON SPRINGER of Supermarket News ST. LOUIS — Schnuck Markets, which earlier this month sold a handful of Memphis area stores to rival Kroger Co., on Wednesday returned the favor, acquiring seven Hilander stores in Rockford, Ill. from Kroger. Financial terms were not disclosed. Schnucks said it would operate the stores under the Hilander
BY SN STAFF CINCINNATI — Kroger Co. here has agreed to acquire nine supermarkets and eight convenience stores in the Memphis, Tenn., market from St. Louis-based Schnuck Markets, which is exiting the Memphis market after nine years, both companies said Friday. Terms were not disclosed. Kroger said it intends to convert eight of the supermarkets
By SN STAFF WILLIAMSVILLE, N.Y. — The Federal Trade Commission said it has approved the sale by Tops Markets here of three stores to Hometown Markets LLC and appointed a trustee to seek a buyer for four other stores. Download PDF of Press Release
By ELLIOT ZWIEBACH MINNEAPOLIS —Nash Finch Co. here said Wednesday it has sold four of its five Hispanicoriented Avanza stores to Lowe’s Market, Littlefield, Texas, for an undisclosed amount. The four Avanza stores are located in Colorado. Download PDF of Press Release
LIHUE, KAUAI – Big Save Value Centers announced today that its chain of Kauai grocery stores is being sold to QSI Inc., a Hawaii-based company doing business as Times Supermarket, for an undisclosed price. The deal is set to close this summer, subject to customary closing conditions. Download PDF of Press Release
