Kroger Co said on Wednesday it would buy Vitacost.com Inc, a health products retailer, for about $280 million in a bid to expand its presence in the profitable health and wellness niche popularized by Whole Foods Market Inc.
Private-equity firms KKR & Co LP and TPG Capital are among the groups looking to buy a majority stake in food retailer Kuwait Food Co SAK, better known as Americana, Bloomberg reported
Supermarket giant Coles has categorically denied claims it’s engaged in unconscionable conduct by forcing suppliers to pay additional rebates for a new supply chain program.
British retailer Marks & Spencer said on Monday it would increase the responsibilities of the five key executives under Chief Executive Marc Bolland as part of a restructuring of its management team aimed at driving greater accountability.
The 50 stores Sobeys plans to close include units acquired from Safeway as well as locations that carry some of the chain’s existing banners, the company told investors Thursday.
Tesco Plc needs more time to undergo the “most radical” changes in years as Britain’s biggest grocer improves stores, alters shop formats and cuts prices to fight competition, Chief Executive Officer Philip Clarke said.
Walmart and the Walmart Foundation announced that over the last fiscal year they gave more than $11.2 million in cash and in-kind contributions to charitable organizations throughout Nebraska.
Tesco has partnered with SORTEDfood, one of the world's largest social media cookery channels, to help inspire a new generation to fall in love with cooking and food.
