Albertsons Companies has initiated a voluntary recall of five ReadyMeals and store-made taco kits after identifying a potential health risk stemming from Listeria monocytogenes contamination. The recall affects products containing a specific cheese ingredient supplied by Rizo-López Foods, Inc., based in Modesto, California, which is currently under scrutiny by the FDA and CDC due to […]
C&S Wholesale Grocers, a leading name in the U.S. wholesale grocery supply and supply chain solutions sector, is expanding its reach through a definitive agreement to acquire 413 stores, eight distribution centers, and two offices. The assets have been made available due to the merger between The Kroger Co. and Albertsons Companies Inc. While the […]
Kroger acquisition of Albertsons : Supermarket chain Kroger has agreed to acquire American food and drug retailer Albertsons Companies (Albertsons Cos.) for a price of around $24.6 billion, which includes the assumption of around $4.7 billion of the latter’s net debt. Both the American retailers are listed on the New York Stock Exchange (NYSE). As […]
Albertsons Rite Aid merger : US grocery retailer Albertsons Companies has struck a deal to acquire over 2,500 drug stores that Rite Aid did not sell to Walgreens Boots Alliance. According to the latest retail acquisition news, the merger of Albertsons Companies with the remaining Rite Aid drug stores is expected to create a food, […]