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More supermarkets investing in health and wellness as growth vehicle, FMI reports
ARLINGTON, Va. — Health and wellness represents a significant growth opportunity for supermarket retailers, according to 81% of the food retailers who participated in a recent Food Marketing Institute survey. That's up from 70% in 2014, FMI reported.
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Fred’s names Alden president to board
MEMPHIS, Tenn. — Fred’s has a new addition to its board of directors. The company on Monday announced the appointment of Alden Global Capital founding member and president Heath Freeman to the board, effective at its next meeting, which will be held on or before Aug. 29.Freeman joins the board as part of Fred’s and Alden’s extension of their cooperation agreement into 2019 that includes updated terms about their collaborative efforts to drive shareholder value.XThis ad will auto-close in 10 seconds