Archive for May 23rd, 2013

Wanna Buy a Supermarket? Sweetbay, Harveys Are Reportedly For Sale

Wanna Buy a Supermarket? Sweetbay, Harveys Are Reportedly For Sale

(Be sure to read this update: “Sold! What Will Become of Sweetbay, Harveys and Reid’s?”). Heads up, southeastern supermarket shoppers: the Belgian-based owners of Food Lion, Hannaford and Bottom Dollar Food are apparently looking to cut their losses with two smaller grocery chains. Delhaize has reportedly hired an investment bank to help unload the Sweetbay supermarket chain – and they’ll[Read More…]

May 23, 2013 Grocery & Retail News
For Sale: Your Supermarket? Cerberus Eyes New Acquisitions

For Sale: Your Supermarket? Cerberus Eyes New Acquisitions

Mention the name “Cerberus”, and some supermarket shoppers shudder. The private equity firm saddened thousands of shoppers and employees when it shut down or sold two-thirds of the roughly 600 Albertsons locations it acquired in 2006. And customers of several chains acquired by Cerberus earlier this year are wondering whether their stores will suffer the same fate. But could we[Read More…]

May 23, 2013 Grocery & Retail News
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