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Roundy's Supermarkets, Inc (RNDY)

  • 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
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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