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Supervalu sells 877 stores, reuniting Albertsons under one operator
MINNEAPOLIS — In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.
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Boldface to bring Khroma Beauty by Kourtney Kim and Khloe to Duane Reade, Beauty.com
SANTA MONICA, Calif. — Beauty licensing company Boldface Group will launch Khroma Beauty by Kourtney Kim and Khloe in 138 Duane Reade and Beauty.com stores this spring, the company has announced.
Khroma Beauty by Kourtney Kim and Khloe is set to launch at Ulta Beauty, CVS, Sears, Meijer, HEB and Fred Meyer, the company stated. This follows a holiday season when the brand debuted a sneak peek at the collection slated to launch this spring.