Retail Roundup—Casey's bids on Kroger; Staples hires former Coca-Cola executive

Kroger urban format
Casey's has bid $2 billion for 800 Kroger convenience stores. (GBBN Architects)

Casey's enters bid for Kroger

Casey's General Store has submitted a bid for Kroger for $2 billion. Casey's is just one of many parties looking to buy the chain's 800 convenience store locations that were put up for sale back in October. (Reuters)

Staples hires Coca-Cola executive to lead

Staples CEO Shira Goodman announced she would step down immediately and be replaced by J. Alexander Douglas, who most recently served as an executive at Coca-Cola. The news comes soon after Staples was privately acquired by Sycamore Partners. (CNBC)

Payless restructures employees

In an effort to better serve customers, Payless announced it will restructure as part of an ongoing transformation. Specifically, Payless is increasing the number of North America associates who work closer to the store level and will reduce the layers between its corporate headquarters and retail stores. (PR Newswire)

IKEA founder passes away at 91

Ingvar Kamprad, the founder of IKEA, has died at age 91. Kamprad founded the company in 1943 and turned it into the world's largest furniture retailer by keeping prices low and allowing customers to assemble furniture themselves. (USA Today)

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