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News Stories (9 Results) - Grocery

Tops Markets, LLC announced that the United States Bankruptcy Court for the Southern District of New York has confirmed the Company’s Plan of Reorganization. Tops expects to complete its restructuring and emerge from Chapter 11 shortly. On February... Read Story
November 21, 2018, 08:00 AM


Almost half (48%) of consumers in the U.S. now do some or all of their grocery shopping online, while 59 percent are planning to do so in the future, according to KPMG’s 2018 Grocery Retail Consumer Perception Survey. “As the online grocery business... Read Story
November 02, 2018, 07:18 AM


US Foods Holding Corp. and Services Group of America announced that they have entered into a definitive agreement under which US Foods will acquire five operating companies collectively known as SGA’s Food Group of Companies, for $1.8 billion in cash... Read Story
July 31, 2018, 07:31 AM


Southeastern Grocers, the parent company of Winn Dixie, Bi-Lo, Fresco y Más and Harveys Supermarket, has filed a court-supervised, prepackaged restructuring agreement to reduce its debt by more than $500 million. "We have not taken these steps... Read Story
March 16, 2018, 07:09 AM


Tops Markets, LLC announced that it is pursuing a financial restructuring in order to eliminate a substantial portion of debt from the Company’s balance sheet and position Tops for long-term success.Tops stores across the Company’s portfolio in... Read Story
February 23, 2018, 07:10 AM


PNC Bank announced a syndication of $210 million in senior secured revolving credit for grocery retailer Haggen, Inc., a portfolio company of Comvest Partners. PNC Capital Markets LLC syndicated the transaction as sole lead arranger and bookrunner... Read Story
April 01, 2015, 07:51 AM


Dramatic shifts in the retail grocery business continue to create opportunities for asset-based lenders and private-equity investors alike. But as a Tiger Group expert noted in a Sept. 12 panel discussion with colleagues from Nixon Peabody LLP and... Read Story
September 19, 2013, 07:26 AM


Phillips Edison - ARC Shopping Center REIT Inc. (the "Company") announced that it has increased the borrowing capacity of its senior secured revolving credit facility, agented by KeyBank National Association ("KeyBank) from $40 million to $88 million... Read Story
January 21, 2013, 07:54 AM


Wells Fargo Capital Finance acted as left lead arranger and administrative agent and, together with the other arrangers, underwrote a $1.65 billion senior secured, asset-based revolving credit facility for SUPERVALU INC. The facility refinances a... Read Story
September 06, 2012, 08:00 AM