Supervalu and Unified Grocers Marriage to Create $16B Business

Posted by  Terrie // The Shelby Report Supervalu is acquiring California-based Unified Grocers in a transaction valued at approximately $375 million. Supervalu President and CEO Mark Gross said on a conference call Tuesday morning announcing the deal that the sale of Save-A-Lot late last year gave Supervalu the opportunity to pursue a business like Unified. He also noted that Supervalu intends…

Convenience Stores Hit Record In-Store Sales in 2016

NACS Online U.S. convenience stores experienced record in-store sales of $233.0 billion in 2016—and the third straight year of $10 billion-plus in pretax profits—according to newly released NACS State of the Industry data, the convenience and fuel retailing industry’s premier benchmarks and key performance category insights. Industry Snapshot 2015 2016 % Change U.S. Store Count…

UPDATE ON HALF-MILE RULE

By Auday Arabo // MIRA President & CEO For over 40 years Michigan has had what is commonly referred to as the half mile rule. As you know, this rule, with a few exceptions, prohibits another store within a half mile of you from selling liquor if you already do. Is the half mile rule…

Information on New Third Party Facilitator Service License and Direct Shipping of Wine by Specially Designated Merchant Licensees

Public Act 520 of 2016 amended MCL 436.1203 to create a new Third Party Facilitator Service license and to allow Specially Designated Merchant (SDM) licensees to ship wine directly to consumers. These changes become effective March 29, 2017 Third Party Facilitator Service License Specially Designated Merchant (SDM) or Specially Designated Distributor (SDD) licensees may use…