Family Dollar Stores Inc. may be in play again after a standstill with activist investor Nelson Peltz expired.
A surge in supermarket takeovers means grocers from Arden Group Inc. to Ingles Markets Inc. may be next in the shopping cart.
A Cerberus Capital Management LP-led investor group agreed to acquire Supervalu Inc.’s Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market grocery stores in a transaction valued at about $3.3 billion.
To the average sushi-munching Millennial, Campbell Soup Co. is about as cool as a Buick.
Kroger Co. , the largest U.S. grocery-store chain, reported first-quarter profit that exceeded analysts’ projections, sending the shares up the most in 15 months.
Supervalu Inc., owner of the Albertsons and Save-A-Lot grocery-store chains, plans to close 60 stores as it copes with slumping sales.
Supervalu Inc., the third-largest U.S. grocery store chain, plans to eliminate as many as 2,500 positions at its Albertsons unit.
CVS Caremark Corp. , the largest U.S. buyer and seller of prescription drugs, is cutting proposed prices for some Medicare services, aiming to recapture business lost to rivals.
Lance Inc. , the maker of Cape Cod potato chips and Stella D’oro cookies, agreed to merge with pretzel maker Snyder’s of Hanover Inc. to improve distribution of the companies’ snacks.
U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to a five-year high, as investors awaited the start of the corporate earnings season tomorrow.
"It's surely an industry that's needed to be consolidated desperately."
- Scott Mushkin on Jul 22, 2013
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