Patented in 1917, Piggly Wiggly was by far the most influential self-service store of the early twentieth century. David Gwynn from the UNCG Library and founder of the Groceteria website. The book’s author, UNCG Professor of History Lisa Tolbert, will feature in conversation with J. The Greensboro History Museum’s By the Book discussion group will examine the advent of self-service groceries and the book Beyond Piggly Wiggly: Inventing the American Self-Service Store at 6 pm, Thursday, August 17 at 130 Summit Ave. Mayor's Committee for Persons with Disabilities +.What Features are in Your Council District?.
“We look forward to providing a superior shopping experience that delivers both quality and value to our customers.” When Kroger fist announced plans to acquire Albertsons, the transaction was expected to encompass 4,996 stores, 52 processing plants, 66 distribution centers, about 710,000 employees, and on a combined basis have an estimated $210 billion in sales and $3.3 billion in earnings. “Today's announcement is another exciting opportunity for C&S to further expand into the retail market, which is an important component of our growth and future success,” said Eric Winn, chief operating officer and designated CEO (effective Oct. C&S currently operates Grand Union grocery stores and Piggly Wiggly franchise- and corporate-owned stores in the Midwest, North Carolina and South Carolina. I am thrilled that C&S's outstanding capabilities and financial strength will ensure these divestiture stores can continue to grow and serve their communities as they do today.”įounded in 1918, C&S supplies over 7,500 independent supermarkets, retail chain stores and military bases. Vivek Sankaran, CEO of Albertsons, Boise, Idaho, added, “I have long respected C&S and its leadership team. C&S is led by an experienced management team with an extensive background in food retail and distribution and has the financial strength to continue investing in associates and the business for the long run.” “Following the announcement of our proposed merger with Albertsons Cos., we embarked on a robust and thoughtful process to identify a well-capitalized buyer who will operate as a fierce competitor and ensure divested stores and their associates will continue serving their communities in the ways they do today,” said William Rodney McMullen, chairman and chief executive officer of Cincinnati-based Kroger Co. The divestiture plan, according to Kroger and Albertsons, fulfills commitments from the agreement in Kroger’s acquisition of Albertsons: extending a competitor to new geographies through the sale of stores to a well-capitalized buyer ensuring no stores will close as a result of the transaction maintaining all current collective bargaining agreements, including health care and pension benefits, bargained-for wages and ensuring frontline associates remain employed and investing in employees and stores for the long term. If that happens, C&S will pay additional cash to Kroger based upon an agreed-upon formula. Prior to closing, Kroger may require C&S, in connection with securing FTC and other governmental clearance, to purchase an additional 237 stores in certain geographies. The payment is subject to the fulfillment of customary closing conditions, including Federal Trade Commission and other governmental clearance, and the completion of the Kroger-Albertson transaction. C&S will pay Kroger an all-cash consideration of about $1.9 billion, including customary adjustments.
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