Fairway Net, Sales Continue To Plummet; Loss Is $13.9 Billion
Stock in Fairway Group Holdings dipped sharply following the company's release of quarterly losses and sales declines that were more severe than had been expected.
Creditors, Unions Push Back Against A&P's Chapter 11 Plan; Auction Set For September
Creditors and labor unions are objecting to A&P's bankruptcy plan, causing the chain's chapter 11 plan to hit a bump.
Taking Stock
Jeff Metzger's analysis of the K-VA-T acquisition of Bi-Lo stores in the Southeast, plus the rest of the news of the market.
Supervalu Exploring Save-A-Lot Spin Off; Posts Solid Q1 Profits
Supervalu announced July 28 that it is exploring a separation of its Save-A-Lot business.
End Near For A&P; Once Great Chain Files Chapter 11 Again
For the second time in five years, A&P has filed for Chapter 11 Bankruptcy and has sold 120 of its stores to three parties - Acme, Stop & Shop and…
Taking Stock
Jeff Metzger's analysis of Albertsons' IPO filing, plus the rest of the news of the market.
Weis Promises To Continue Sales Driven Approach
Pledging to maintain its strategy of driving sales first, Weis Markets COO Kurt Schertle told more than 300 vendors that the Sunbury, PA based regional chain will continue to invest…
Acme, Stop & Shop, Key Food Are Early Winners In A&P Bankruptcy, Sell Off
For the second time in five years, A&P has filed for Chapter 11 bankruptcy protection. After filing early Sunday July 19, the company announced plans to sell 120 stores and…
Taking Stock
Jeff Metzger's analysis of the Ahold-Delhaize merger, plus the rest of of the news of the market.
In & Around Food World
The Obama administration is ordering food companies to phase out the use of heart-clogging trans-fats over the next three years, calling them a threat to public health. The move will…
Six Months After Safeway Buy, Albertsons Launches IPO Effort
On July 8, Albertsons Companies filed a registration statement with the SEC for a proposed initial public offering of share of its common stock.
Ahold, Delhaize Agree To Merge In $25B Deal; Boer To Remain CEO
The culmination of 43 days of negotiations ended on June 24 when international supermarket retailers Delhaize and Ahold agree to merge in a $29 billion deal.