With Shaner Gone, Herkert's Strategy Even More Baffling
Jeff Metzger's analysis of Supervalu's CEO Craig Herkert's latest moves.
Acme Markets Lays Off 900 Store Level Associates
Acme Markets said, as of May 7, it had laid off about 900 of the 14,000 employees at its 117 stores in the Northeast, with about two thirds of those…
Weis Tells Shareholders Of Another Strong Year, Budgets Record $110M For Cap-Ex
Weis Markets announced at its recent shareholders meeting that it will increase is 2011 capital expenditure budget by seven percent to $110 million.
Giant/Landover, C&S Settle Jessup, MD Warehouse Contracts
Giant/Landover and C&S/Jessup Logistics agreed to new contracts with Teamsters Local 730 and Local 639 that will keep most of the retailer's dry grocery distribution based in Jessup, MD.
Wakefern Seen As Big Winner At Auction Of 25 Super Fresh Stores In MD, DC, DE
It appears that ShopRite will be increasing its B-W presence in a major way after reviewing the results of the recent auction for 25 Super Fresh stores.
Taking Stock: 17 Stores Open, More Bottom Dollar Stores Slated For DelVal
Bottom Dollar Foods (BDF) has made it clear it has come to the Philadelphia market to stay.
Stop & Shop Set To Acquire Five Norkus Foodtowns
Norkus Enterprises Inc. has reached a tentative agreement to sell five of its six New Jersey Foodtown and Super Foodtown Supermarkets to Stop & Shop, officials from both companies said…
Tasty Baking Sold To Flowers Foods For $165 Million
Flowers Foods has tentatively agreed to acquire beleaguered Tasty Baking Company, which had until June 30 to refinance its $100 million bank debt or find a buyer for the 97…
Supreme Court Considering Wal-Mart Class Action Suit Status
Wal-Mart’s moment of reckoning at the U.S. Supreme Court has begun as the highest court in the nation has begun hearing arguments from both the retailer and attorneys representing the…