Personnel Updates
• SpartanNash Company (138) has named Tom Swanson as Exec VP and General Manager of Corporate Retail.
Financial Focus
• Albertsons LLC has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering. Albertsons plans to list under the ticker “ACI” on the New York Stock Exchange.
Mergers and Acquisitions
• Harps Food Stores Inc. plans to acquire 20 stores under five banners in Arkansas and Missouri from Town & Country Grocers Inc.
• Parkland Fuel Corporation has entered into an asset agreement to acquire seven ConoMart Super Stores in the Billings, MT, area from GM Petroleum Inc. The company expects the transaction to close in second-quarter 2020.
• Schnuck Markets Inc. has acquired the independent Mahomet IGA grocery store, in Mahomet, IL. The store will reopen on April 1 as Schnucks.
US Foods Inc. announced plans to buy Smart Foodservice Warehouse Stores, formerly the cash-and-carry format of Smart & Final Stores.
Real Estate
• Family Express Corp. announced it will add 25,000 square feet to the existing 10,000-square foot bakery distribution center at its Valparaiso, IN, headquarters.
• Hy-Vee Inc. announced it will discontinue filling orders at its four Aisles Online fulfillment centers with operations being transferred to Hy-Vee’s retail stores later this month.