Food Trade News
Weis Markets on July 12 reported a 34.9 percent increase in its second quarter earnings.
The Baltimore City Council last month passed a bottle tax that will ad two cents to some bottled beverages bought in the city.
More than 1,500 vendors attended last month’s first ever Ahold USA Retail vendor meeting held at the Giant Center in Hershey, PA.
Philadelphia Mayor Michael Nutter’s effort to impose a beverage tax on the citizens of the city has failed. It officially died (for this year, anyway) on May 20.
The most rugged 12 months in recent grocery industry history was not only marked by high unemployment, significant deflation, cautious consumer spending and a continuation of fierce competitiveness and an overstored landscape, but the period from April 1, 2009 through March 31, 2010 created a real separation of performance among the 65 retailers measured in Food Trade News’ annual market study.
Delhaize Group, the Belgian international food retailer, which owns Food Lion, Hannaford, Bloom, Bottom Dollar and Sweetbay, late last month announced that Rick Anicetti, executive VP of Delhaize Group and CEO of Delhaize America Shared Services, has left the organization.
Simply stated, the 12 month period from April 1, 2009 through March 31, 2010 was the most challenging for food and drug retailers in the 32 years we’ve been covering the industry in the Mid-Atlantic.