An inability to realize synergies related to its 2006 acquisition of White Rose, along with “fierce” competition besetting its cooperative and voluntary wholesaling units, triggered significant financial challenges for Associated Wholesalers, the distributor said in its Chapter 11 bankruptcy filing Tuesday....More
Associated Wholesalers Inc. said Tuesday that it had entered into an agreement with C&S Wholesale Grocers whereby C&S would be the "stalking horse" bidder in an auction of AWI and its subsidiaries in U.S. Bankruptcy Court.
The offer is subject to potentially higher or better offers. AWI and its subsidiaries on Tuesday filed Chapter 11 petitions in Delaware, which the companies said would allow for an orderly sale. ...More
Retailers are looking for manufacturers to come to the table with ideas grounded in shopper insights and the readiness to co-create customized programs and innovations, show the findings of Kantar Retail’s 2014 Category Leadership Study....More
Whole Foods Market and Instacart on Monday announced a partnership offering customers one-hour deliveries from Whole Foods Market as well as a forthcoming option to place orders through Instacart for pick-up in Whole Foods stores....More
John Moritz, the former A&P senior executive who pled guilty to charges of using company resources to fund a event ticket business run for his personal gain, was sentenced to 36 months in prison, U.S. Attorney Paul J. Fishman said.
After introducing its first small footprint store at the University of Minneapolis this July, Target Corp. announced plans to open two Bay Area TargetExpress stores in San Francisco and Berkeley, Calif....More