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Investor Group Buys Back Southeastern Grocers Banners from Aldi

Retail TouchPoints

A consortium of private investors led by the current CEO and President of Southeastern Grocers Inc. along with C&S Wholesale Grocers , has acquired Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners. Financial terms of the current deal were not disclosed.

Grocer 191
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Kroger Countersuit Blames Albertsons for Merger’s Failure

Retail TouchPoints

The suit also accused the retailer of engaging in a secret and misguided campaign, together with C&S Wholesale Grocers , the divestiture buyer, to purse its own regulatory strategy, which ultimately undermined Krogers efforts, according to a Kroger company statement. The merger had originally been announced in October 2022.

Grocer 147
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Save A Lot Completes Transition to Wholesaler with Sale of 18 Stores

Retail TouchPoints

“As we’ve made a strategic shift to become a licensed wholesaler, it’s clear that our long-term growth momentum must be rooted in the success of our strong network of retail partners,” said Leon Bergmann, CEO of Save A Lot in a statement. This acquisition marks the final chapter in the retailer’s wholesale transformation, which began in 2020.

Wholesale 245
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Kroger and Albertsons to Sell 400+ Stores, 8 DCs to Speed Planned Merger

Retail TouchPoints

Kroger and Albertsons will sell 413 stores across 17 states and the District of Columbia, along with eight distribution centers, two offices and five private label brands, to C&S Wholesale Grocers for approximately $1.9 billion in cash.

Planning 277
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Colorado Court Puts Kroger-Albertsons Merger on Hold

Retail TouchPoints

A Denver District Court judge has stopped the Kroger-Albertsons merger in its tracks, cancelling a planned Aug. I am pleased that Kroger and Albertsons agreed to halt their plans to merge until the court rules on the state’s lawsuit to permanently block the grocery merger,” said Phil Weiser, Attorney General of Colorado in a statement.

Grocer 264
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Lidl given green light to open first ever in-store pub

Retail Gazette

The German grocery giant will be able to go ahead with its plans to launch the pub inside its Dundonald store, based near Belfast, after a judge dismissed an appeal raised by another trader. Despite this, Colton ruled that the grocer had established the “inadequacy” of local pub offerings.

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Kroger, Albertsons Delay Merger Timeline to August as They Negotiate with Regulators

Retail TouchPoints

The planned $24.6 While this is longer than we originally thought, we knew it was a possibility and our merger agreement and divestiture plan accounted for such potential timing,” according to a joint statement from the retailers. “We Top execs from both companies defended the merger in testimony to a U.S.

Grocer 264