August 2, 2006 Author: Times staff report Lowe’s Super Save, which currently operates three supermarkets in El Paso and one in Anthony, Texas, announced that it is purchasing Big 8 Foods’ 12 El Paso stores. The purchase is scheduled to close on Oct. 18. Download PDF of Press Release
Mark Chediak | Sentinel Staff Writer Posted July 29, 2006 Winn-Dixie Stores Inc., which is emerging from bankruptcy, said Friday it plans to close seven Florida stores and lay off more than 570 workers including 125 at a closing Deltona store. The Jacksonville-based grocery-store chain disclosed the decision in a filing with the state. Other
JUNE 22, 2006 — SPOKANE, Wash. — The Tidyman’s supermarket chain here, which once operated 21 stores in three states until a sexual discrimination lawsuit led to financial woes, will sell its remaining eight stores, according to a published report. A news release from the company, which is 60 percent owned by its employees under
JUNE 19, 2006 — ROBESONIA, Pa. and CARTERET, N.J. — Two major grocery distributors in the Northeast U.S. are joining forces. Cooperative food distributor Associated Wholesaler’s Inc. (AWI) in Robesonia, Pa. is merging with White Rose Food, the largest independent wholesale food distributor in the New York City metropolitan area, sources told Progressive Grocer on
JACKSONVILLE, Fla., May 10 /PRNewswire-FirstCall/ — Winn-Dixie Stores, Inc. (WNDXQ) today announced that following a successful auction on May 9, it has reached agreements to sell 21 stores to 14 purchasers. These stores are part of the 35 locations that the Company closed earlier this year following a thorough evaluation of its entire store base.
Grocers take stock of themselves By C.M. Mortimer TRIBUNE-REVIEW Saturday, March 25, 2006 Increasing competition from Wal-Mart Inc. and Target is forcing a series of ownership changes among local franchised supermarkets. Supervalu Inc. has sold nine Shop ‘n Save stores in Allegheny County this week and is in various stages of negotiations for the sale
FEBRUARY 21, 2006 — ABINGDON, Va. — K-VA-T Food Stores, Inc., parent company of regional chain Food City, said Friday it is buying eight Bi-Lo locations in Knoxville, Oak Ridge, and Maryville, Tenn., a move that will increase its market share in Knox County to around 30 percent. Download PDF of Press Release
By Gwen Mickelson Sentinel staff writer Ralphs appears to have joined fellow chain grocer Albertsons as a market that’s on the market. Kroger Co., the Cincinnati parent company of Ralphs and one of the nation’s largest grocery retailers, is putting the Northern California stores up for sale, according to a report Monday in the Sacramento
Investment banking firm served as Long Shadows Vintner’s strategic and financial advisor in the transaction. Download PDF file of Press Release
Andronico’s President and CEO credits investment banking firm’s relationships with industry’s leading funding sources and understanding of financing structures as key in its refinancing.
