Tag Archive: retail
Albertsons-Safeway Merger Set To Proceed
Following the end of the “go-shop” period, the proposed $9 billion Safeway-Albertsons merger is now set to go before the U.S. Federal Trade Commission (FTC) for review. Continue reading →
Posted in News on March 31, 2014Wine Spectator: Eataly New York Will Close Wine Shop for Six Months
Culinary partners Mario Batali and Lidia and Joe Bastianich are closing Eataly Wine Shop, the New York wine store located next to their Italian culinary marketplace Eataly, for six months, after reaching a settlement with the New York State Liquor Authority (SLA). Continue reading →
Posted in News on March 26, 2014Liquor Expansion By Grocery Player Coborn’s Is Latest Move In Midwest Consolidation Game
The recent deal by Minnesota-based grocery chain Coborn’s to acquire five North Dakota liquor stores is the latest development in an upper Midwest market that’s been seeing some interesting expansion moves by major players. Continue reading →
Posted in News on December 13, 2013Chicago’s Wine Discount Center Is Renamed Vin Chicago As New Generation Takes Charge
The Wine Discount Center, a four-store retail chain based in metro Chicago and led for years by Howard “Bud” Schwarzbach, a 1999 Market Watch Leader, has a new name and a new owner. Continue reading →
Posted in News on December 10, 2013Interview: Sherry-Lehmann CEO Chris Adams
New York City retail institution Sherry-Lehmann will celebrate its 80th anniversary next year. Ahead of that milestone, the company—which has annual revenues of above $45 million—last month welcomed a new partner to its business, corporate finance veteran Kris Green. Green joined the group following the departure of former president and leading shareholder Michael Yurch, who left November 1 to start a new wine marketing and strategy firm, Bluest Sky Group. Sherry-Lehmann’s ownership is now split amongst Green, chairman and CEO Chris Adams, COO Shyda Gilmer and Michael Aaron, son of founder Jack Aaron. Shanken News Daily recently caught up with Adams to find out what the change means for the business and discuss the outlook for the critical holiday selling season. Continue reading →
Posted in News on December 9, 2013News Briefs for November 25, 2013
•Diageo has partnered with Brooks Brothers on a joint holiday initiative featuring Johnnie Walker. Continue reading →
Posted in News on November 25, 2013
