Mergers & Acquisitions

Merger of Canadian companies creates new retail leader

Now-defunct historic grocer began liquidation 3 years ago

But online retailer said to be leaning toward sale to Walmart

Debuts all to take place May 9

Deal will create one of U.K.’s biggest retailers

Company still looking to unload remaining locations

Retailer buys Flipkart's majority, will become country's biggest online retailer

Some shoppers wondering where the deals are going

Fiscal 2017 altogether saw healthy overall sales, comps growth

Deals follow in wake of Chapter 11 bankruptcy

IPO pullout is grocer's third in as many years

Execs' top worries, Food Lion's robots, deluxe Wegmans make list