SN Social

Overview of Industry Mergers and Acquisitions Ranks No. 1


Top viewed content on for the week of March 11

The climate of the supermarket industry appears ripe for more merger and acquisition activity after Supervalu opened the floodgates. A story about re-shifting among several large retailers garnered the most page views last week. See SN's top five stories below.

1. Stores for Sale? Let’s Make a Deal
It looks like 2013 could be a big year for mergers and acquisitions among strategic buyers and private investors, according to industry observers — due to an easing of credit markets and to the floodgates that will open once Supervalu completes the sale of the former Albertsons banners to a private equity consortium.

2. Bashas' Installs New Top Management
CHANDLER, Ariz. — Bashas' here has named Edward Basha 3rd as chairman, president and chief executive officer.

3. Safeway Highlights Wellness
PLEASANTON, Calif. — Safeway here last week told analysts that its new wellness initiative promises to become a significant piece of its business going forward — although it still has not provided much detail on its exact nature.

4. Gallery: Tops in Spencerport, N.Y.
Tops Friendly Markets’ 38,000-square-foot location in Spencerport, N.Y., took the place of a former IGA that had been vacant for some time. This gallery from 2011 shows the store.

5. A&P to Raise $130M in Property Deals
MONTVALE, N.J. — A&P here said Tuesday that it was under contract for the sale of its real estate interests “in a few non-core store locations.”

Discuss this Blog Entry 0

Post new comment
or register to use your Supermarket News ID

Don Cuppett

Don Cuppett Jr. is content production director for Supermarket News, a Penton Media publication.

Liz Webber

Liz Webber is Senior Digital Manager at Supermarket News. She covers fresh foods for the magazine and creates multimedia, blog posts and other content for the website. She joined SN in August 2012.
What's SN Social?

SN Social

Blog Archive
Penton Media Food Group and Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×