Posted on Newsday.com | February 20, 2018 Written by Tory N. Parrish View Original Article Here The owner of Safeway and other grocery brands is buying the drugstore chain Rite Aid as retailers continue to plunge deeper into health care and adjust to swiftly changing shopping habits. Albertsons … [Read more...]
Albertsons to sell 71 owned stores in sale-leaseback
Posted on Supermarketnews.com | October 2, 2017 View Original Article Here Photo Source: Columbian.com Albertsons Cos. said Friday it had a made a deal to sell 71 owned stores to a real estate investor and subsequently lease them back. The deal with CF Albert LLC would raise approximately $720 … [Read more...]
Grocery Outlet Bargain Market to open 14 Southern California locations
Published on San Gabriel Valley Tribune | Dated Sept. 15, 2015 Written by Kevin Smith View Article Here Southern California’s supermarket industry is about to get a new player. Grocery Outlet Bargain Market announced Tuesday that it plans to open 14 stores in the greater Los Angeles area beginning in December — a move that … [Read more...]