Burkle Era Begins As A&P Exits Chapter 11; Martin Remains CEO Of Revamped Chain
On March 13, 15 months after it filed for Chapter 11 protection, the Great Atlantic & Pacific Tea Company has emerged from bankruptcy as a privately held firm.
In & Around Food World
Dick Bestany's musings on the people and events in the Mid-Atlantic food industry.
Taking Stock: With Burkle On The Verge, Let The A&P (Real Estate) Games Commence
Jeff Metzger's analysis of the future of A&P now that the bankruptcy court has approved the retailer's reorganization plan.
Ahold Posts 75.3 Percent Earnings Increase In 4th Quarter
On March 1, Ahold announced that its net income rose 75.3 percent to 270 million euro ($360 million) in its fourth quarter ended December 31. Quarterly sales increased 4.5 percent…
Court Approves A&P Reorganization Plan; Chapter 11 Exit, Burkle Control Imminent
U.S. Bankruptcy Court Judge Robert D. Drain has approved A&P’s plan to exit bankruptcy. Drain’s ruling came three weeks after A&P presented its reorganization plan to the court.
Taking Stock: Sanders Still Believes, But Corporate SVU Can't Supply The Cure
Jeff Metzger's comments on Acme president Dan Sander's recent address to AMR/MAFTO and parent company Supervalu's recent performance.
Weis Completes Stellar Year With Strong Fourth Quarter, Will Acquire 3 Genuardi's Stores
Weis Markets earlier this month reported strong fourth quarter and year-end results for fiscal 2011.
Dan Sanders Remains Bullish About Acme; Parent Supervalu Lays Off 800 Associates
Acme president Dan Sanders recently addressed an AMR/MAFTO member dinner in King of Prussia, PA.
Taking Stock: Growth Plans Aside, Delhaize America Has Roadblock Ahead
Jeff Metzger analyzes the recent changes at Delhaize America as the retailer closes 126 stores and "retires" the Bloom banner.
Giant/Landover Reflects On 75th Anniversary Year Highlighted By Community Service
Giant/Landover recently wrapped up its year-long 75th anniversary celebration.