Big Lots Strikes Deal to Keep 200 to 400 Stores Open
In a significant turn of events, Big Lots, the close-out retailer that recently filed for bankruptcy, has reached a deal to sell a portion of its assets to Variety Wholesalers, Inc. This transaction, orchestrated with the assistance of Gordon Brothers…
Kroger and Albertsons Merger Blocked: Implications for the Grocery Industry
The anticipated merger between grocery leaders Kroger and Albertsons has recently faced a significant setback, as a federal judge issued an injunction to halt the $25 billion deal. This decision is rooted not only in legal considerations but also in…
Weis Markets Makes 5 Leadership Promotions
Weis Markets Inc. has recently announced significant changes within its leadership team, resulting in the promotion of five key members. These adjustments not only reflect the company’s commitment to internal growth but also aim to enhance operational efficiency in a…
Hy-Vee Acquires Webster's Marketplace in Wisconsin
As of November 2, Hy-Vee, a prominent Midwest grocery retailer, will take ownership of Webster’s Marketplace in Ripon, Wisconsin. This acquisition marks a significant development in the retail landscape of the region, known for its community-oriented approach and customer-centered service….
Nike's Leadership Change: A Strategic Move to Revitalize Digital Growth
In a significant shift within its executive ranks, Nike has appointed Tom Peddie as vice president and general manager of its North American geography. This restructuring follows the departure of G. Scott Uzzell, who led the brand for a brief…
SpartanNash Makes Changes to Finance Team
Food solutions company SpartanNash has recently made significant changes to its finance leadership team, promoting Paul Weis from the director of financial planning and analysis to Vice President of Distribution Finance. This strategic move aims to enhance the company’s financial…
Circle K Parent Acquires GetGo Café + Markets: A Strategic Expansion in Retail
In a significant move within the convenience store sector, Alimentation Couche-Tard, the parent company of Circle K, has announced its acquisition of 270 GetGo Café + Market stores from supermarket giant Giant Eagle. This acquisition marks a notable expansion for…
