The proximity of a state-of-the-art warehouse supplying Albertsons' Acme stores to Safeway’s 127-store Eastern Division has raised speculation that the chains could seek to consolidate their logistics at some point....More
A bankruptcy financing package for Associated Wholesalers Inc. offered by suitor C&S Wholesale Grocers would benefit only bank lenders and C&S, leaving little for product suppliers, creditors in AWI’s bankruptcy case charged....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
C&S Wholesale Grocers has appointed David Almeda EVP, chief human resources officer to drive development of the C&S team in support of the company’s accelerated growth plans, effective Sept. 1, 2014....More