Buyout firm Apollo to buy Smart & Final Stores for $1.1 billion

Posted on Reuters.com | April 19, 2019 View Original Article     (Reuters) - Apollo Global Management LLC said on Tuesday it will acquire Smart & Final Stores Inc for about $1.1 billion, including debt, the second time the private equity firm will own the U.S. food retailer.   The deal comes after Apollo … [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...]