M&A | Retail Leader

Kroger, Albertsons sell more than 400 stores to C&S Wholesale Grocers
In connection with its proposed merger, Kroger and Albertsons agreed to sell 413 stores — including Mariano's, QFC and Carrs brand names — eight distribution centers, two offices and five private label brands across 17 states and Washington, D.C., to C&S for approximately $1.9 billion.
The Body Shop’s owner sells Aesop to L'Oréal
Natura &Co, owner of The Body Shop and Avon, completed the sale of the Australian luxury cosmetics brand Aesop to L'Oréal for $2.58 billion.

Capital Management
Bed Bath & Beyond to Acquire Cost Plus Inc.
Bed Bath & Beyond Inc. said it will pay $495 million in cash to buy Cost Plus Inc. in a deal that includes 259 World Market and Cost Plus Imports stores and an e-commerce platform, Bloomberg said.
Capital Management
Spartan Stores Opens Small-Format Option
Using the tag line "groceries for less every day," Spartan Stores has opened its first small-format store in Michigan under the banner Valu Land, Michigan Live reported.
Capital Management
TreeHouse Foods Reports Higher Sales, Profits
TreeHouse Foods reported first-quarter net income of $22.1 million, up from $19.8 million a year ago on a 6 percent climb in revenue to $523.8 million, Reuters said.
Capital Management
Delhaize Posts Q1 Loss On Costs Related to Store Closings
Brussels-based Delhaize Group, the parent of Food Lion, which generates more than half the company's sales, reported a first-quarter loss due to $219.7 million in restructuring charges related to 126 U.S. store closings, The Wall Street Journal reported online.
Capital Management
Meijer Exploring Sites for Wisconsin Distribution Center
With plans to open new stores in Wisconsin, Meijer reportedly is scouting for a 100-acre distribution center site in the southeastern part of the state,
Capital Management
Price Chopper Unveils New Small-Format Store in N.Y.
Price Chopper is testing a small-format store under the banner Price Chopper Limited, the Saratogian.com reported.
Capital Management
Dollar Stores Continue Expansion into Food Markets
The profit gap between Dollar General's traditional dollar stores and its newer Market stores is narrowing,
Capital Management
Safeway Reports Flat Same-Store Sales
Safeway reported net income of $72.9 million for its fiscal first quarter, ended March 24, up 190 percent from $25.1 million in the year-ago period when the company incurred an $80 million tax charge.
Capital Management
Target Expands Fresh Food in Store Remodels
Minneapolis-based Target Corp. is remodeling 90 stores to expand its fresh food offerings, the
Capital Management
Supervalu to Grow Sustainability Program
Supervalu plans to add 250 locations to a sustainability program that aims to reduce 90 percent of a store's landfill waste by using the discarded materials for other purposes, the
Capital Management
McCormick & Co. Eyes Growth Through Acquisitions, Emerging Markets
Spice company McCormick & Co. Inc. said Tuesday it expects to achieve annual earnings-per-share growth of at least 9 percent and sales growth of 4 percent to 6 through acquisitions, international expansion and brand marketing.
Capital Management
Wawa Retrofits Stores with Focus on Convenience
Wawa plans to roll out digital signage, menu boards, espresso machines and more fresh food to go as it overhauls its stores this year.

Articles and content about retail mergers and acquisitions