M&A

Dollar General’s net profit rose to $171.2 million in the third quarter from $128 million a year ago on larger transaction sizes,

The Fresh Grocer has committed to open five grocery stores in underserved mid-Atlantic communities through 2016.

Memphis, Tenn.-based retailer Fred’s Inc. added seven new stores and six express pharmacy stores, while remodeling 79 existing stores during the third quarter, ended Oct 29, the company said.

H.J. Heinz reported earnings fell 6 percent to $237 million in the quarter ended Oct. 26 from a year ago, while sales climbed 8 percent to $2.83 billion, the

Great Atlantic & Pacific Tea Co. filed a reorganization plan Monday with the U.S. bankruptcy court after reaching a tentative agreement with the United Food and Commercial Workers Union, reported

Since its acquisition of social media company Kosmix and the launch of @WalmartLabs earlier this year, Walmart has been tapping talent in the social media segment, according to a report from Citigroup, which estimates e-commerce represents less than 1 percent of the giant's total sales.

San Francisco-area Andronico's Community Markets, which had been operating under Chapter 11 bankruptcy protection, completed the sale of its assets to an affiliate of Renovo Capital for $16 million, Oct. 27, the company reported.

Cargill's $119.5 billion in annual revenue would have put it No. 18 on this year's Fortune 500, according to a profile on CNNMoney.com.

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