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- Nearly one year after cancelling its plans to go public, Florida-based supermarket chain owner Southeastern Grocers is reportedly considering an outright sale of the company.
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Nov 19, 2022 · Southeastern Grocers, with its strong presence in Florida, could be appealing as an acquisition target for other chains seeking a foothold in one of the country’s fastest-growing markets, said...
- Mark Hamstra
- Instant Payouts Transform Hospitality, Service Industries
- Instant Payouts: New Accounts and Embedded Finance
- Tipping Beyond Restaurants
Historically, cash was king in the tipping economy, and it was easy at the end of a shift to count the cash taken in by the restaurant and divide it among the workers. The increase in credit card transactions and the complexities has all but eliminated cash tipping, but not the archaic process of paying out tips in cash to those workers at the end ...
As digital tipping becomes more widespread, the opportunity to integrate embedded finance into these platforms is growing. Embedded finance opens up new possibilities for managing the flow of money within these systems. As Edwards explained, managing the inflow and outflow of funds in real time requires sophisticated controls and risk management, e...
And while restaurants are a primary focus, the application of digital tipping and instant payouts extends to other service industries as well. Spas, salons and other personal service providers also rely heavily on tips, and their workers are demanding the same level of immediacy and convenience in their payouts. “When we look at the partnership tha...
Jan 26, 2024 · Aldi’s acquisition of Southeastern Grocers is expected to be completed within the first half of 2024. The Harveys and Winn-Dixie stores, primarily located in Alabama, Georgia, Louisiana,...
- Timothy Inklebarger
Aug 21, 2023 · Southeastern Grocers, which is the parent company of the Winn-Dixie supermarket chain, announced an agreement Aug. 16 to sell the company to supermarket operator Aldi. The companies hope to complete the transaction in the first half of 2024.
- Karen Brune Mathis
Nov 18, 2022 · Southeastern Grocers is the latest retailer rumored to be up for sale. The Wall Street Journal, citing “people close to the matter” is reporting the Jacksonville, FL-based parent of Winn-Dixie, Harvey’s, and Fresco y Mas is already in talk with prospective buyers.
Nov 17, 2022 · Southeastern Grocers Inc. is exploring a sale, said people familiar with the matter, about a year after the supermarket operator canceled its plans to go public.
Nov 17, 2022 · Southeastern Grocers, the Florida-based owner of Winn-Dixie and Harveys supermarket chains, is said in talks with prospective buyers, according to a WSJ report.
