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Joe Caputo & Sons, a Chicagoland chain of family-owned grocery stores that focuses on meat, produce and Italian specialty foods, is facing a $3.6 million lawsuit from Anothony Marano Co., a Chicago-based produce wholesaler, reported Crain’s Chicago Business.
Mother’s Market & Kitchen, a Southern California grocery chain with seven stores in Orange County, said it “selected and partnered” with investment firm Mill Road Capital.
Allegiance Retail Services LLC, a retailer-owned cooperative serving more than 80 locations in New Jersey, New York and Pennsylvania, said it purchased the intellectual property of former A&P supermarket banner Pathmark, including the banner’s logo, trademarks, brand name, web domain and other associated properties.
Kroger is among the suitors in the second round of bidding to acquire The Fresh Market, according to Reuters.
Retail industry sales (excluding automotive, gas stations and restaurants) will grow 3.1 percent, higher than the 10-year average of 2.7 percent, according to the National Retail Federation’s newly released 2016 economic forecast.
The auction of 33 stores in Washington and Oregon owned by Pacific Northwest grocer Haggen has been delayed for a third time, according to The Associated Press.
Marc Glassman Inc., which owns discount grocery chains Marc’s in Ohio and Xpect Discounts in Connecticut, will close its remaining three Xpect Discounts stores by the beginning of April, thus exiting the Connecticut market, the Hartford Courant reported.