Metropolitan Association’s Post

In the ever-changing world of grocery store acquisitions, brand strategy is constantly in flux. In 2014, Albertsons acquired Safeway, resulting in a mix of outcomes: some stores retained their original branding while others were rebranded or closed. Similarly, Kroger's acquisition of Roundy's Supermarkets in 2015 led to the retention of Mariano's brand but also resulted in some locations being converted or closed. The Ahold Delhaize conglomerate, formed from the 2016 merger of Ahold and Delhaize Group, saw many stores retain their branding. It also included sales and closures as part of their consolidation efforts. In 2006, Supervalu's acquisition of numerous Albertsons stores eventually led to rebranding under the Jewel-Osco banner or closure. These examples illustrate the dynamic nature of brand strategy following grocery store acquisitions. #business #grocery #management

The Phoenix Business Journal recently published an article featuring Maison Solutions' announcement to acquire Lee Lee Oriental Supermart, one of Arizona's largest and longest-running Asian grocers. ⬇Read the full article at the link below to learn more about this step in our strategic path towards expanding! #grocery #acquisition #investingopportunities #investors #businessstrategy #growthstrategy #asianfood

Make space on the shelf for this potential acquisition! 👆Not a done deal but C-stores might be consolidating. Alimentation Couche-Tard has made a preliminary offer to buy Seven & i Holdings/7-Eleven. As Kroger and Albertsons Companies merger shows, nothing is a done deal until it's finalized.... however this would be huge if it closes. Couche-Tard has operations in 31 countries with over 16,700 stores... while 7-Eleven is in 19 countries with mover than 84,000 stores. Will be interesting to see if the offer is approved and whether it gets past the competition bureau. Couche-Tard is also acquiring 270 GetGo Café + Markets from Giant Eagle, Inc. in Pennsylvania, Ohio, West Virginia, Maryland and Indiana: https://lnkd.in/ghgADied #cstore #merger #acquisition #retail

Small chains will continue to get aquired as they will not be able to compete against the economic challenges. You have seen my opinion on this before and here is just more proof of exactly that.

As long as they don't screw up the slurpee... More consolidation in the convenience space will put pressure on smaller operators, yet we have seen a return to local convenience stores and walkability within neighborhoods. A $38.5B value is incredible and speaks to the margins of these stores in their key locations. In Canada, 7-11 has closed large numbers of stores, focusing on the more profitable food delivery to offset the loss of locations. Overall, I believe these groups will both carve out space from grocery stores, so overall this is generally positive for consumers. But let's see. #retail #business #mergers #convenience #consumer Circle K 7-Eleven

Deeper dive... S&P Global highlights the credit implications for all 3 retailers involved in grocery's mega-merger, and predicts how future will unfold: https://lnkd.in/e4ZMu67Q. #foodretail #grocery #supermarket

Aldi and Save Mart were reportedly interested in acquiring some of the stores Kroger and Albertsons must divest to complete their merger. These divestitures are aimed at addressing antitrust concerns, ensuring competition in the grocery sector. While C&S Wholesale Grocers is the primary buyer, the interest from Aldi and Save Mart signals broader moves in the industry as it shifts due to this merger. #CRE #GroceryIndustry #MergersAndAcquisitions #Aldi #SaveMart #Kroger #Albertsons #RetailNews #BusinessExpansion #Supermarkets #Antitrust #Competition

7-Eleven is set to acquire 204 Stripes convenience stores and Laredo Taco Co. restaurants in the U.S. from Sunoco LP. This move expands 7-Eleven's presence in west Texas, New Mexico, and Oklahoma. The acquisition aligns with 7-Eleven's strategic focus on foodservice and aims to connect its network with Speedway alongside highways, increasing regional market share and accelerating growth in North America. As per the statement from Seven & i, 7-Eleven Inc. will concentrate on four key strategic areas in the medium term: 1) Increase the development and distribution of its exclusive products (fresh foods, proprietary beverages, and private brands) to represent 34% of sales by 2025. This involves enhancing merchandise margins and reinforcing the overall value chain. 2) Target a revenue of $1 billion by expediting growth through a value proposition focused on high-quality food and immediate consumables delivered rapidly in the 7NOW delivery business 3) Achieve complete integration with Speedway and realize $800 million synergies in 2023, with the goal of expanding synergies further. 4) Sustain growth in the fragmented North American market by exploring opportunities for mergers & acquisitions and establishing new stores organically. In 2015, Sunoco LP acquired Susser Holdings and its Stripes c-stores. In years pursuant to this, various major oil players were shedding retail holdings, and in January 2018, Sunoco did the same, with a disposition of 1,030 stores in 17 states to 7-Eleven's parent company, Seven & i Holdings Co. Ltd., Tokyo, for $3.3 billion. For landlord's of original Stripes locations, this latest acquisition will provide a massive credit upgrade. If you have any questions about our current inventory, interested in property valuations, or would like to discuss the net lease market, overall - never hesitate to reach out. P: (646) 809-8847 E: dgollenberg@sabcap.com

Proud to share this important moment for the Foodstuffs co-ops.     The grocer owner-operators of Foodstuffs North Island and Foodstuffs South Island have voted in support of becoming one nationwide co-op.     The vote means the merger can go ahead, subject to Commerce Commission and High Court approvals.    “New Zealanders want us to deliver more value and innovation. We’re up for this, and as one national co-op we can do this faster and better,” says Chris Quin, CEO-designate of the proposed national Foodstuffs co-op.     The merger won’t change the number of stores or distribution centres, their local grocer owners, our trusted brands, or that fact that our 500+ stores are 100% New Zealand owned, and all profits are returned to New Zealanders.    Chair-designate and Christchurch owner-operator Russell McKenzie says getting Members’ support is significant.     “This merger is driven by an ambitious goal for the future – to become the best grocery co-op in the world, owned by the best local grocery retailers and wholesalers, delivering the best experience and value to New Zealanders. We’re confident we can achieve that together,” says McKenzie.     Click here: https://lnkd.in/gQKDctuJ to find out the 10 things everyone should know about the merger, read more on our website here:https://lnkd.in/gDYSFKt5 or hear from our CEO-designate Chris Quin in the video below: Chris Quin Julian Benefield Catherine Tardif Wendy Hammonds David Stewart Jo Allan Simon Kennedy Jonathan Box Lindsay Rowles Andrew Gaukrodger Dominic Quin Emma Wooster Esther Gordon Trish Sherson

REMEMBER Bigg's and Thriftway? In the last 20 years, America’s two largest grocers have acquired a lock on Greater Cincinnati’s and Northern Kentucky’s food supply. Kroger and Walmart control more than two-thirds of local sales. It hasn’t always been like this. At the start of the millennium, Kroger and Walmart had less than half the region’s market share and Cincinnati had a robust group of regional competitors: Thriftway, Bigg’s and Remke Markets. The fading of Greater Cincinnati’s regional competitors embodies the fears of some antitrust advocates who are worried about Kroger’s proposed $25 billion takeover of Boise, Idaho-based rival Albertsons – one of the largest retail mergers ever pitched to regulators. They fear the same demise of competition may occur in other regional markets, such as Denver, Houston, Los Angeles, Phoenix and Seattle.