Ahold-Delhaize talks confirmed, Kroger M and A opportunities and more trending stories

Ahold, Delhaize confirm merger talks

Amsterdam-based Ahold and Brussels-based Delhaize confirmed they are in the early stages of discussing a merger that would create a giant food retail entity.

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Ahold-Delhaize combo could signal more consolidation, observers tell SN

The potential combination of Ahold and Delhaize, following on the heels of the Albertsons-Safeway merger, could signal a new round of industry consolidation, observers told SN.

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Schlotman talks industry consolidation, opportunities for Kroger

Kroger Co. SVP and CFO Michael Schlotman pointed to challenges for large retailers engaged in a merger during a panel at the Goldman Sachs Global Staples Summit in New York.

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C&S to close White Rose facilities

C&S Wholesale Grocers will close three New Jersey food distribution centers it acquired in the 2014 bankruptcy of Associated Wholesalers Inc., SN has learned.

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Safeway sets nine closures in Denver

Safeway said it plans to close nine locations in the Denver metropolitan area by June 13.

“The stores have not been profitable for quite some time,” a company spokeswoman told SN, “and despite the best efforts of the company and our employees, we have not been able to reposition them to better compete in the marketplace.”

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USDA verifies first non-GMO claim

The USDA has verified its first non-GMO claim under its Process Verified Program, according to a letter obtained by SN.

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Wegmans to build Brooklyn site

Wegmans Food Markets has been selected as an anchor tenant for a $140 million development at the Brooklyn Navy Yard, a move that will bring the Rochester, N.Y.-based fresh supermarket chain to New York City for the first time, officials said.

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Roundy’s posts Q1 loss

Roundy’s reported a net loss of $2.3 million for the first quarter ending April 4. The company had a 1.6% decline in same-store sales, missing its target for the quarter.

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Kroger CFO: Jury still out on Ruler discount chain

Kroger Co. is ultimately looking to either learn from or expand its hard discount chain Ruler Foods, said Michael Schlotman, Kroger SVP and CFO, at the Goldman Sachs Global Staples Summit in New York.

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Walmart acquires Target Canada assets

Walmart Canada said it plans to take over one distribution center, 12 store leases and one owned property from Target Canada for approximately $165 million (Canadian), pending court approval.

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Weis names Gunn merchandising SVP

Weis Markets announced that Richard Gunn has joined the company as SVP of merchandising and marketing. In this position, Gunn will oversee the company’s fresh and center store merchandising, sales and procurement, marketing and advertising.

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