Food Trade News

Wakefern Seen As Big Winner At Auction Of 25 Super Fresh...

It appears that ShopRite will be increasing its B-W presence in a major way after reviewing the results of the recent auction for 25 Super Fresh stores.

Stop & Shop Set To Acquire Five Norkus Foodtowns

Norkus Enterprises Inc. has reached a tentative agreement to sell five of its six New Jersey Foodtown and Super Foodtown Supermarkets to Stop & Shop, officials from both companies said late last month.

Tasty Baking Sold To Flowers Foods For $165 Million

Flowers Foods has tentatively agreed to acquire beleaguered Tasty Baking Company, which had until June 30 to refinance its $100 million bank debt or find a buyer for the 97 year old company.

Supreme Court Considering Wal-Mart Class Action Suit Status

Wal-Mart’s moment of reckoning at the U.S. Supreme Court has begun as the highest court in the nation has begun hearing arguments from both the retailer and attorneys representing the plaintiffs as to whether the potential multi-billion suit against Wal-Mart should be upheld as class action litigation.

C&S May Look To Move Giant/Landover Dry Distribution From Jessup Depot...

Giant/Landover may be looking to close its dry grocery warehouse in Jessup and shift that business to a C&S Wholesale Grocers’ distribution center in York, PA.

A&P Bankruptcy Judge Denies 'Tier 1' Bonus Pay

The judge in the A&P bankruptcy case denied a request to pay $1.3 million to three top executives.

Wal-Mart Set To Debut New 'Express' Format

Wal-Mart will officially unveil its smaller format Wal-Mart Express stores in the second quarter.

Redner's Eyeing New Stores in Maryland, Delaware

Redner's Markets is poised to grow again as it finalizes plans for three new stores, in Delaware and Maryland.

A&P Loses $27.4 Million In Latest Period; Seeks To Close 32...

A&P has asked the bankruptcy court to allow it to close 32 under performing stores as it unveils its new management team and reports loss of $27.4 million in latest four week period.

A&P Looks To Close 32 Stores, Unveils New Management Team, Seeks...

A&P has identified 32 stores it has sought permission from the bankruptcy court to close. Additionally, the retailer named a new executive team.