JACKSONVILLE, Fla. -- Winn-Dixie Stores, Inc. (NASDAQ:WINN) today issued the following statement regarding the announcement that Albertson's LLC has agreed to sell 49 stores in Florida to Publix Super Markets, Inc. According to public reports, the transaction is expected to close in September 2008.
Albertson's Inc., has agreed to be sold for about $9.8 billion in cash and stock to a group led by Supervalu Inc. and CVS Corp. Idaho-based Albertson's said last month the transaction is valued at $17.4 billion.
Shareholders in retailers Albertson's and Supervalu have approved the sale of Albertson's to a consortium of investors made up of Supervalu, CVS Corporation and an investor group led by Cerberus Capital Management. The deal was approved by Albertson's shareholders at a special meeting held in New York City on 30...
Consortium of private-equity firms and supermarket chain Supervalu Inc. submitted a new $9.6 billion bid for Albertson's, just three weeks after deal talks were thought to have ended. Albertson's spokeswoman Shannon Bennett said the company couldn't comment on the reports. In the final hours of negotiations last month, Albertson's cut...
MINNEAPOLIS -- Insignia Systems, Inc. (Nasdaq:ISIG) announced today it has sued News Corporation, LTD, ("News Corp."), News America Marketing In-Store, Inc. ("News America") and Albertson's Inc. ("Albertson's") in federal district court in Minneapolis, Minnesota, for violations of federal and state antitrust and false advertising laws.
Albertson's trouble -- but how serious are the problems across the board? Wall Street brokers have been busy downgrading US supermarket shares as Albertson's, the latest American food retailer to suffer from the Wal-Mart effect, issued a profits w Albertson's trouble -- but...
Albertson's, Inc and American Stores Co. said the Federal Trade Commission FTC approved their planned $1 1.7-billion merger and the deal is complete. Albertson's agreed with the FTC and state attorneys general to find buyers for 144 stores, primarily in California, New Mexico and Nevada. This is designed to allay...
BOISE, Idaho -- Albertson's Inc. has appointed Shan Kumar to the post of vice president of category marketing and planning. BOISE, Idaho -- Albertson's Inc. has appointed Shan Kumar to the post of vice president of category marketing and planning.
Seattle-based Starbucks Coffee Co. and Albertson's supermarkets recently signed a licensing agreement to open more than 100 Starbucks coffee bars in Albertson's supermarkets across the United States. Seattle-based Starbucks Coffee Co. and Albertson's supermarkets recently signed a licensing agreement to open more...
BOISE, Idaho--BUSINESS WIRE--Sept. 23, 1998--Albertson's, Inc. (NYSE:ABS) announced today that, pursuant to an agreement with the Federal Trade Commission FTC, the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 applicable to the acquisition of Buttrey Food and Drug Stores Company (Nasdaq:BTRY) by Locomotive Acquisition Corp., a wholly owned...
CINCINNATI -- Today's Schaeffer's Midday Options Update features Blockbuster (NYSE:BBI), Movie Gallery (NASDAQ:MOVI), Sun Microsystems (NASDAQ:SUNW), Albertson's (NYSE:ABS), and Google (NASDAQ:GOOG). The Midday Options Update contains a brief commentary on the day's most notable activity and a table listing the most-active calls and puts for the day.
NEW YORK -- Albertson's is launching an offensive against competitors in several channels by pushing a dual-branding strategy designed to leverage its strength in combo stores. By concentrating on markets where it has a No. 1 or strong No. 2 position, the company intends to use pricing and promotions to...
Two of the nation's largest supermarket chains, Kroger Co. and Albertson's Inc., are reaffirming their earnings-per-share forecasts for this year. Kroger, the No. 1 food retailer in the United States, expects per-share earnings to rise between 10% an Two of the nation's largest supermarket chains, Kroger...
The Home Depot recently forged its second retailer alliance, extending its brand to select tools available at Albertson's grocery and drug stores across the country
Stocks in supermarkets in the US dropped yesterday providing further evidence that Wal-Mart's onslaught into the grocery sector is endangering its closest rivals. Albertson's supermarkets, which along with other chains had originally not been too worried by Wal-Mart's arrival on the scene, has now warned its shareholders that H2 profits...
What's in a name? That's the critical question for Albertson's Inc. and Safeway Inc., the respective new parents of Chicago supermarket chains Jewel-Osco and Dominick's Finer Foods. The national grocers must decide whether to maintain two regional What's in a name? ...
* Starbucks Coffee Co., Seattle, inked a licensing agreement with Albertson's, Inc., Boise, ID, to open more than 100 Starbucks coffee kiosks in Albertson's grocery stores. Starbucks already has 193 licensed outlets at other U.S. retail sites...Wal * Starbucks Coffee Co., Seattle, inked a...
MINNEAPOLIS -- Insignia Systems, Inc. (NASDAQ:ISIG) announced that the United States District Court for Minnesota issued an order this morning denying News America Marketing In-Store, Inc. and Albertson's Inc. amended motions to dismiss Insignia Systems, Inc. antitrust lawsuit alleging a boycott and exclusive dealing by News America and Albertson's and...
* Starbucks Coffee Co., Seattle, inked a licensing agreement with Albertson's, Inc., Boise, ID, to open more than 100 Starbucks coffee kiosks in Albertson's grocery stores. Starbucks already has 193 licensed outlets at other U.S. retail sites...Wall * Starbucks Coffee Co., Seattle, inked a licensing...
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