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Combined company to operate 2,774 supermarkets
Published Nov. 11, 2015 - Through the agreement, Kroger will purchase all outstanding shares of Roundy's for $3.60 per share in cash, or $800 million. Roundy's will continue to operate its stores as a subsidiary of The Kroger Co. and will continue to be led by members of Roundy's senior management team. There are no plans to close stores, and associates will have employment opportunities with both companies, according to a press release. Read More
Larree Renda, Diane Dietz and Peter Bocian to leave after Albertsons merger
Published Oct. 24, 2014 - The three "have decided to leave the company shortly after our pending merger with Albertsons," Brian Dowling, VP, public affairs at Pleasanton, Calif.-based Safeway, confirmed to PG. "They will remain in their current positions through the close of the transaction and may remain beyond that to help with the transition." No information was provided as to their reasons for leaving, or their future plans. Read More
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