article thumbnail

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. Save A Lot operates more than 800 stores in 32 states.

Wholesale 222
article thumbnail

To Make Merger More Palatable, Kroger and Albertsons Boost Store Divestment Count

Retail TouchPoints

billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The retailers also have increased the corporate and office infrastructure they would sell to C&S Wholesale Grocers , as well as additional private label product lines, for a total of approximately $2.9

Grocer 214
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Retail TouchPoints

In an effort to speed up the merger, which would create a 4,500 -store entity,Kroger and Albertsons announced plans in September 2023 to sell 400+ stores, eight DCs and five private label brands to C&S Wholesale Grocers. Top execs from both companies defended the merger in testimony to a U.S.

Grocer 251
article thumbnail

FTC Seeks to Block $24.6 Billion Kroger-Albertsons Merger

Retail TouchPoints

Essential grocery store workers would also suffer under this deal, facing the threat of their wages dwindling, benefits diminishing and their working conditions deteriorating.” billion , but the FTC has criticized the divestment as inadequate.

Grocer 235
article thumbnail

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 253
article thumbnail

FMI honors seven food industry executives

Mass Relators

Obray was fiercely committed to the strength of the independent grocer, customer care and collaboration among his industry peers. At the time of his passing, Obray was a vocal participant in FMI’s Wholesaler Share Group and an active member of FMI’s Board of Directors. In 2001, industry relations was added to Rick’s responsibilities.

article thumbnail

Jason & Scot Show Episode 271 – Amazon Q2 2021 Recap

Retail Geek

Um so we’ll see if how that all plays out but I would say if I had one knock on the store. 6:00] Um Extended the the new visual merchandising approach to to the Staffing and store operations yet so maybe a work in progress. It just it doesn’t seem like they’ve. [6:00]