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  • Save-A-Lot Acquires 17 Former Grocery Outlet Locations

    MINNEAPOLIS - Supervalu Inc. on Tuesday announced that its Save-A-Lot limited-assortment food store chain has acquired leasehold interests in 17 former Grocery Outlet sites primarily located in the Dallas/Forth Worth area and surrounding markets.

  • Home Depot to Purchase Some Kmart Stores

    CINCINNATI - Leading home-improvement chain Home Depot Inc. has agreed to buy as many as 24 stores from Kmart Holding Corp. for about $365 million, according to published reports.

  • Chicago Approves Wal-Mart Store

    CHICAGO - The West Side of Chicago is the Wal-Mart side of town, after the Chicago City Council yesterday approved the retailer's plan to build its first outlet in the Windy City. However, a proposal for a second store in the city's South Side fell one vote short of approval, and that plan was referred back to a council committee.

  • French Supermarkets Gain Share as Wal-Mart Sets Sights on Europe

    PARIS - Shares in French supermarket groups rose today after Wal-Mart, the world's biggest retailer, announced it wanted to open stores in every European country and would reach this goal through acquisitions and internal growth, Reuters reports.

  • CVS Re-files Eckerd Acquisition Plan

    WOONSOCKET, R.I. - Drugstore chain CVS on Friday voluntarily re-filed paperwork with the Federal Trade Commission regarding its plan to purchase approximately 1,260 Eckerd stores from retailer J.C. Penney.

  • Report: Trader Joe's Seeks Sites in Milwaukee

    MILWAUKEE - Specialty retailer Trader Joe's, known for its private label organic and gourmet food items, is seeking locations in Milwaukee and Madison, local real estate sources told the Business Journal of Milwaukee.

  • Report: Parmalat May Keep U.S. Units

    NEW YORK - Bankrupt dairy group Parmalat SpA may now decide to hold onto its U.S. operations instead of selling them off, since bids for the units so far have been lower than expected, according to a Reuters report.

  • Delhaize Expresses Tentative Interest in Winn-Dixie Stores

    BRUSSELS - Supermarket chain Delhaize, based here, said yesterday it might be interested in buying stores from Winn-Dixie, which announced last week that it would close 156 stores in an effort to cut costs, according to Reuters.
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