With 'Artie T.' Back, Market Basket Business Booming
The 10-week standoff at Market Basket officially ended August 28 when Arthur T. Demoulas' group announced it had acquired the 50.5 percent stake from the Arthur S. Demoulas faction.
Taking Stock
Jeff Metzger's analysis of Wal-Mart's continuing decline, plus the rest of the news of the market.
Ahold USA Identical Sales, Profit Decline In Second Quarter
Ahold continued its disappointing financial trend in the U.S., posting declining sales, operating income and margins for its fiscal second quarter ended July 13.
Breaking News: As Stalking Horse, C&S Agrees To AWI Asset Purchase; Chapter 11 Filed
A deal was reached September 9 for C&S has entered into an asset purchase agreement with C&S Wholesale Grocers pursuant to which C&S will acquire substantially all of AWI’s assets,…
Update: AWI Says It Is Evaluating Offers
Associated Wholesalers Inc. (AWI), the Robesonia, PA based wholesale co-op, announced on August 22 that, in conjunction with its sale process, it has received and is evaluating offers from potential…
Taking Stock
Jeff Metzger's take on the situation at AWI, along with his analysis of the rest of the news of the market.
Despite 'Artie T' Offer, Market Basket Remains At Standstill
Tewksbury, MA based Market Basket continues to see a standoff between the two factions of the Demoulas family, those siding with Arthur T. Demoulas, the recently ousted CEO, and those…
Delhaize America Reportedly Mulling Sale Of Bottom Dollar
Sources have told Food Trade News that Delhaize America is considering the sale of its 66 Bottom Dollar Foods stores located in Pennsylvania, Southern New Jersey and Northeast Ohio.
AWI Reportedly Open To Selling Entire Wholesale Enterprise
Sources have told us that AWI is seeking a buyer for its entire wholesale enterprise, not just for its White Rose division.