In this week’s recap of the Top 10 most popular Supermarket News articles, Aldi acquisition: CEO says the company will convert a ‘significant’ number of acquired stores ranked as the week’s top story. Supermarket News had the opportunity to speak with Aldi CEO Jason Hart, and one thing stood out during the Q&A: Aldi’s move to acquire 400 Winn-Dixie and Harveys Supermarket stores was a power move in the Southeast territory.
Other top stories:
- Walmart launching exclusive Gordon Ramsay frozen line
- The Aldi acquisition: 5 takeaways for grocery
- What’s next for Aldi?
- Sprouts Farmers Market, Whole Foods receive ‘A’ grade for animal welfare
In other news, Opioid settlements and a looming debt in the billions have Rite Aid looking at filing for Chapter 11 bankruptcy, reports the Wall Street Journal. The filing would cover the pharmacy retailer debt, which now sits over $3.3 billion, and pending legal troubles linked to the allegation of Rite Aid’s role in the opioid crisis. The retailer, however, is not planning on using the Chapter 11 filing to settle with federal, state, and private individuals to resolve the opioid liabilities, the Wall Street Journal said. Instead, the company will treat them as general unsecured claims.
More top stories:
- SN Product Watch: Smartfood Popcorn Doritos Cool Ranch
- 5 things top news: Aldi deal pivots when it comes to pharmacy
- Giant Eagle names Bill Artman CEO
- Fatality at Kroger facility raises questions about worker safety
