US-based retailing company Supervalu has announced plans to sell its Save-A-Lot business to an affiliate of private equity firm Onex Corporation for $1.36bn.
The deal also includes a five-year professional services agreement, under which Supervalu will provide back office services to Save-A-Lot.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The sale is expected to help Supervalu improve its balance sheet and strategically invest in other businesses.
US-based fashion retailer J Jill has announced the signing of a long-term renewal agreement with Alliance Data Systems' card services business.
A provider of data-driven marketing and loyalty solutions, Alliance Data Systems will provide credit and marketing services for J Jill's credit card programme through the agreement.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
