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The British are leaving. Five years after launching the Fresh & Easy grocery chain in the U.S., Tesco of England is abandoning its nearly $2-billion gamble. Once called "foolhardy" by investment guru Warren Buffett, the ambitious experiment joins a...
Supermarket company Supervalu is eliminating 1,100 positions nationwide, or about 3% of its workforce, as it whittles down its store network. The move, announced Tuesday, comes just days after Supervalu finalized the $100-million sale of five of its...
Tags: Career and Workplace, Employees
Supervalu Inc. is selling five of its top supermarket chains — Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market — to an investor group owned by Cerberus Capital Management for $100 million in cash. Cerberus’ AB Acquisition...
Beef Products Inc. told the Associated Press on Monday that it’ll shut down operations at three of the four plants where it makes the meat product that critics have nastily taken to calling “pink slime.” But some food industry experts...
Daily DishStruggling against mounting pressure from big-box food retailers, grocery chain Supervalu Inc. has sold off its Bristol Farms stores to a team of local management and a West Coast investment firm. Bristol Farms, based in Carson, operates mostly in Los.......
Money & CompanyThe Bristol Farms management team, in partnership with investment firm Endeavor Capital, announced Friday that it purchased the grocery chain from parent company Supervalu Inc. Details of the deal were not disclosed. Executives at the company could not be...
Money & CompanyA U.S. appellate court has tossed out a previous ruling and ordered that the appeal of an antitrust lawsuit brought by the state of California against three major grocery chains be reheard. The 9th Circuit Court of Appeals issued its......
Apr 17, 2013 |Story| Los Angeles Times
Mar 26, 2013 |Story| Los Angeles Times
Jan 10, 2013 |Story| Los Angeles Times
Mar 26, 2012 |Story| Los Angeles Times
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Feb 11, 2011 | Los Angeles Times
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