Food Trade News
Ahold USA and its Giant/Landover unit have announced key changes to their merchandising departments.
Supervalu announced a definitive agreement to sell its Albertsons, Acme, Jewel-Osco, Shaw's and Star Markets stores and Osco and Save-On in-store pharmacies to a division of Cerberus Capital in a transaction valued at $3.3 billion. Look for complete analysis of the deal in the January issue of Food Trade News, publishing the 18th.
Steve Burd will retire as Safeway CEO in May.
Despite some recent setbacks, the Cerberus-Supervalu potential marriage is still on, Wall Street sources have told Food Trade News.
The 2012 Food World Wholesaler Study.
Beth Newlands Campbell has been named president of Food Lion, replacing Cathy Green Burns.
Carl Schlicker will be retiring as Ahold USA CEO February 1.
Wakefern announced record retail sales of $13.6 billion for its fiscal year ended in September 2012.
Carl Schlicker will retire as Ahold USA COO in February. He will be succeed by James McMann.