M&A

Sprouts Farmers Market said buying the two independently owned California stores would allow it complete control of the brand.

TravelCenters of America said the offer was unsolicited and followed its quarters-long turnaround effort.

The c-store chain is owned by the Krause family, who founded the chain more than six decades ago.

The pharmacy chain said the $10.6 billion acquisition will help reduce care costs and improve patient outcomes and experiences.

While the grocers have agreed to the $24.6 billion merger, federal regulators will have the final say.

Together, the companies would have a combined market cap of around $47 billion. Kroger is the largest grocery store operator in the U.S.

The grocery sector, like many retails sectors before, appears to be in the midst of a great consolidation of power between a few strong brands.

The two online grocers aim to deliver a more sustainable grocery experience and put the combined business on track to reach profitability by early 2024.

The emerging convenience store operator's first acquisition of 2022 comprises nine Tres Amigos stores in Texas.

Instacart is expanding its advertising capabilities with the acquisition of Eversight, a pricing and promotions platform for CPG brands and retailers within the grocery industry.

The parent company of Zales and Kay Jewelers has signed a definitive agreement to acquire e-commerce jewelry platform Blue Nile.

Vera Bradley has sold its 16-month-old retail format GoodMrkt to Harry Cunningham, the startup’s co-founder, according to a WWD report.