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
Shopko Stores-Pamida Merger to Focus on Small Communities
Retail chains Shopko Stores and Pamida have agreed to merge in a deal expected to close in mid-February that will increase the number of stores operating under the Shopko banner to 350 in 22 states from 149 stores in 13 states currently, the Superior Telegram reported.
Capital Management
Though Profitable, Lack of Financing Pushes Chicago Niche Food Market into Bankruptcy
Despite annual revenue averaging $50 million for the past three years and profitable stores, a lack of financing has led niche grocery chain Michael’s Market Inc. to file for Chapter 11 bankruptcy protection, the
Capital Management
Duane Reade Looks to Fresh Food for Growth
Since drug-store giant Walgreens acquired it two years ago, New York retailer Duane Reade has launched an “aggressive rollout plan” that includes store remodels and a new emphasis on fresh food, reported
January / February 2012
Turning a Profit
Capital Management
Battle Over Generic Drugs Could Pressure Sales at Rite Aid
Walmart's entry into the generic drug market could impact Rite Aid's drug sales, according to a Zacks analyst blog.
Capital Management
2012 Could Bring More Spinoffs
Corporate spinoffs are expected to total $230 billion in 2011, up six-fold from a year ago, according to a report in the
Capital Management
Noncyclical Food Business Stocks Outpace Flat S&P 500
Stocks of Hershey Co. and other noncyclical businesses gained an average of about 16 percent in 2010, outpacing a lackluster S&P 500, which inched up 0.6 percent in 2011 through Dec. 23, Bloomberg Businessweek reported.
Capital Management
Publix Weighs $188 Million Warehouse Project in Orlando
Publix Super Markets Inc. is mulling building a major distribution center in Orlando, Fla., that would support future growth,
Capital Management
Renovated Pathmark Store Focuses on Kosher
To better cater to local customers, Great Atlantic & Pacific Tea Co. (A&P) has revamped its Bergenfield, N.J.-based Pathmark store to feature triple the variety of kosher offerings, including a kosher bakery, meat counter and prepared foods, the company said in a release.
Capital Management
Aldi Announces Plans to Expand in South Florida
Aldi Inc. said it would invest $50 million in a new regional headquarters and warehouse in Royal Palm Beach, Fla., creating 100 jobs, the
Capital Management
Dollar General's Same-Stores Sales Climb 6%
Dollar General’s net profit rose to $171.2 million in the third quarter from $128 million a year ago on larger transaction sizes,
Capital Management
Fresh Grocer to Open Five Locations in Underserved Communities
The Fresh Grocer has committed to open five grocery stores in underserved mid-Atlantic communities through 2016.

Articles and content about retail mergers and acquisitions