Wakefern Posts Record $16.5B Retail Sales, Adds 6 Units
At its annual shareholders’ meeting held in East Brunswick, NJ on October 25, Wakefern Food Corp reported record retail sales of $16.5 billion for the 52-week fiscal year ending September…
Lidl Expanding To New York With Best Market Purchase
Lidl has signed an agreement to acquire 27 Best Market stores in New York (26 stores, 24 of which are on Long Island) and New Jersey (Holmdel).
Taking Stock
Jeff Metzger takes a look at Doug McMillon's recent success leading Walmart, plus the rest of the news of the market.
Green, Shapiro Are 'Manos Award' Recipients For Retail Excellence
David Green and Melvin Shapiro, co-owners of D&M Management Services which operates 10 Save-A-Lot discount stores in Maryland, Pennsylvania and West Virginia, have been chosen to receive the “Pete Manos…
UNFI Completes SVU Purchase; Griffin To Oversee Wholesaler
The United Natural Foods, Inc. (UNFI) $2.9 billion acquisition (including debt) of Supervalu (SVU) was completed on October 22
Taking Stock
Jeff Metzger's analysis of the Sears/Kmart decline, plus the rest of the news of the market.
Price Rite Debuts Upgraded Units In Allentown, Bethlehem, Secane
Price Rite Marketplace earlier this month unveiled its new store prototype with the remodeling of three Pennsylvania stores – Bethlehem, Allentown and Secane.