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Roundy's Supermarkets, Inc (RNDY)

  • Wed, Nov. 11, 9:06 AM
    • Kroger (NYSE:KR) snaps up Roundy's (NYSE:RNDY) for $3.60 per share in an all-cash deal.
    • The acquisition is expected to be slightly accretive to Kroger earnings in the first year after closing. Cost savings will be piled back into growing the Roundy's business.
    • Roundy's +64.2% to $3.58 in premarket trading.
    | Wed, Nov. 11, 9:06 AM | 3 Comments
  • Thu, May 14, 9:47 PM
    • Consolidation in the grocery industry could pick up even more, observes Supermarket News.
    • A large merger between Albertsons and Safeway (NYSE:SWY) has been followed by talks between Delhaize (NYSE:DEG) and Ahold (OTCQX:AHONY).
    • The increased push by Wal-Mart and Target in the sector has added pressure to leverage store growth through M&A.
    • "There is mounting pressure in the supermarket industry to consolidate operations to drive better purchasing power and leverage distribution and technology platforms," notes Wolfe Research.
    • Kroger (NYSE:KR) is seen as a likely candidate to look for a chain to acquire.
    • Previously: Ahold, Delhaize confirm merger talks (May 12)
    | Thu, May 14, 9:47 PM | 8 Comments
  • Mon, May 11, 10:52 AM
    • Delhaize (NYSE:DEG) is up 13.3% after reports on a merger with Ahold (OTCQX:AHONY +3.8%) drove up shares listed in Europe earlier today.
    • The talk of industry consolidation has some other U.S. grocery stocks ahead of market averages as well.
    • Grocery gainers: Kroger (NYSE:KR) +1.0%, Whole Foods Market (NASDAQ:WFM) +1.2%, Roundy's (NYSE:RNDY) +1.0%, Supervalu (NYSE:SVU) +1.0%, Fairway Group (NASDAQ:FWM) +0.9%, Ingles Markets (NASDAQ:IMKTA) +9.8% with earnings also a factor.
    • Previously: Ahold, Delhaize surge on merger reports
    | Mon, May 11, 10:52 AM | 3 Comments
  • Dec. 2, 2013, 4:40 PM
    • Safeway (SWY) sells 11 Dominick's stores in the Chicago metro area in a cash and lease assumption deal to Roundy's (RNDY) for $36M. Close is expected this month.
    • Safeway had announced earlier in the year its decision to exit the Chicago market. The supermarket operator continues to actively shop its remaining stores.
    • Update: In conjunction, Randy has suspended its 5.7% dividend to invest the capital into the Mariano's brand. (8-K)
    • RNDY +5.7% AH
    • Safeway PR, Roundy's PR
    | Dec. 2, 2013, 4:40 PM | Comment!
Company Description
Roundys Inc operates as a food retailer offering full line of food and non-food products such as meats, produces, delis and other perishable products and specialty and prepared foods.
Sector: Services
Industry: Grocery Stores
Country: United States