The Coastal Companies Acquires Hearn Kirkwood
The Mid-Atlantic regional produce distributor and processor of fresh fruits and vegetables announced the addition of Hearn Kirkwood to its portfolio.
May 21, 2019
UFCW Local 1776 Signs New Five Year Contract With Philly ShopRites
The five-year pact protects benefits, increases wages, expands non-discrimination language, requires earlier notification of scheduling, and provides for additional shop stewards.
May 21, 2019
Giant/Martin’s To Acquire Ferguson & Hassler’s
For the second time in nine months an independent supermarket operator in Lancaster County has decided to sell its business to a larger chain. Quarryville, PA based Ferguson & Hassler announced May 20 that it will close its store at 100 Towns Edge Drive on June 19 and sell it…
May 20, 2019
Walmart Reveals Increased Revenue, Profit For First Quarter FY 2020
Walmart reported increased revenue and profit in its 2020 fiscal first quarter, with increased online sales and strong numbers in food, beverage and general merchandise. Walmart’s e-commerce grew 37 percent, boosted by online grocery sales as it ups its competition with Amazon and other online retailers for customers. Earlier this…
May 20, 2019
Aldi Disrupting the American Grocery Landscape
CNN Business recently reported that Aldi, the German discount grocery chain, is upending the American supermarket landscape. With its cult-like following, hard-to-beat bargain basement prices, and its expected growth to 2,500 stores in the States by the end of 2022, it is on target to become the third largest U.S.…
May 20, 2019
Redner’s 3rd Generation Ready To Add To Regional Retailer’s Legacy
As the Reading, PA based retailer approaches its 50th anniversary, it looks to a fresh prototype and new stores to drive future growth.
May 20, 2019
Lidl To Open First Round Of Best Market Conversions In Early ‘20
All Told, Discounter To Debut 25 New Units Next Year
May 20, 2019
Affinity Group Retail Names Chiodo President; JOH Announces New Addition; Guadagno Joins Fulfill As President and CEO
After years of operating robust and successful retail divisions, Affinity Group Infusion and Affinity Group FMS will be merged into a single retail-focused entity: Affinity Group Retail. To lead this business, industry veteran Bill Chiodo has been selected as president, Affinity Group Retail. Affinity Group Retail has named Bill Chiodo…
May 20, 2019
Lidl Partners Up With Boxed To Offer Delivery Option To Customers
Lidl is collaborating with online wholesaler Boxed to offer delivery option to its customers.
May 16, 2019
Two Years Later, Acme, UFCW Local 1776 Agree To New 4-Year Contract
Negotiations between Acme Markets and United Food and Commercial Workers Local 1776 Keystone State have been completed, resulting in a new 4-year contract.
May 15, 2019
Kroger Partners With PE Firm To Form New Incubator Platform
Kroger partners up with private equity firm Lindsay Goldberg to create a new platform for emerging CPG brands.
May 15, 2019
Walmart Announces Free Next Day Delivery, No Membership Fee
Walmart announced today that it will be offering free NextDay shipping on up to 220,000 general merchandise items on Walmart.com eligible orders of$35 or more. The one-day delivery option, which unlike Amazon Prime, will have no membership fee, is now available to customers in Phoenix and Las Vegas and is…
May 14, 2019
Weis ‘19 Cap-Ex Budget Pegged At $109M; Comp Sales Up 1.4%
Investment includes new store, 14 remodels, 6 new fuel centers.
May 12, 2019
30 Shoppers Pharmacies Closed As It Continues Sell-Off Process
Inventory and prescriptions from the shuttered pharmacies sold to CVS and Walgreens.
May 12, 2019
Gus Lebiak Promoted to COO of Krasdale’s Alpha 1 Marketing
Krasdale Foods, a 110-year-old, privately owned company providing grocery distribution, merchandising, and marketing to independent grocery store owners, announced that Gus Lebiak has been promoted to chief operating officer of Alpha 1 Marketing, an affiliate of Krasdale Foods Inc. Lebiak, who joined the company more than six years ago, will…
May 1, 2019
Q&A With Frank Curci of Tops Friendly Markets
Over the past 12 years, Tops Friendly Markets, a strong presence in the Western New York market since its founding in 1962, has experienced some challenging times. The regional chain was acquired by Morgan Stanley Private Equity in 2007, then sold back to a management group led by CEO Frank…
April 26, 2019
Kings, Balducci’s Announce Executive Team Promotions
Kings Food Markets and Balducci’s Food Lover’s Market announced the promotion of Stephen Palisi-Reynolds, CPA to vice president and controller of Kings and Balducci’s. In his new role, Stephen will also assume additional responsibilities for the Treasury function for the company. He will report to Jim Moriarty, executive vice president…
April 22, 2019
Acme Bullish On ‘19 Initiatives; Sankaran Is Albertsons New CEO
It’s been a busy month at Albertsons, which announced that Jim Donald will be leaving his post as president and chief executive April 25 to become co-chairman of the company. He will be replaced by Vivek Sankaran, former CEO PepsiCo Foods North America, who has been appointed to fill those roles. Locally, Acme Markets, one of Albertsons’ 14 operating divisions,…
April 15, 2019
Sales Of Specialty Foods Continue To Grow, Reaching $140B In 2017, Outpacing Overall Food Sales Growth
Specialty foods continues to be one of the fastest growing segments in the industry, with total sales of $140.3 billion in 2017 and no signs of slowing down. According to the Specialty Food Association’s annual “State of the Specialty Food Industry 2018” report released last June, specialty food sales outpaced…
April 15, 2019
Giant/ Martin’s Opens Record Six New Supermarkets On Same Day
In a first for the company, Giant/Martin’s celebrated the grand openings of six stores in four states on April 5. Five of the stores, which are former Shop ‘n Save locations the Carlisle, PA based division of Ahold Delhaize USA acquired earlier this year, are branded Martin’s Food Markets and…
April 15, 2019
BioEnergy DevCo Develops Sustainable Organic Waste System
A Maryland company – BioEnergy DevCo (BDC) – said it has found a sustainable solution to handling organic waste and plans to build the regions first anaerobic digestion facility that will allow up to 100,000 tons of organic waste to be sustainably processed. “BDC is a rare company that can simultaneously improve the…
April 8, 2019
Rite Aid Purge: Standley To Exit, Drug Chain To Cut 400 Top Jobs
The Camp Hill, PA drug chain cleans house, also ousts COO Kermit Crawford, CFO Darren Karst, and executive VP of store operations Derek Griffith.
March 18, 2019
Philly OKs Ban on Cashless Stores; Some See Statute As Anti-Amazon
The 1.5 cents per ounce beverage tax was tough enough for most food retailers in Philadelphia to absorb. Now the city has added to its reputation as arguably the most anti-business municipality in the nation when Mayor Jim Kenney signed into law an ordinance that would ban cashless stores. Philadelphia thus becomes the first…
March 18, 2019
Andy Klein, President of Klein’s Shoprites, Leaves a Legacy of Philanthropy
Andrew “Andy” Klein, president and CEO of Klein’s ShopRite, was killed in a multi-vehicle car accident in Harford County, MD on March 11. He was 65 years old. Klein was the eldest of three sons of Klein’s Family Markets owners Ralph and Shirley Klein of Forest Hill. He grew up…
March 12, 2019
Giant Food Bullish About 2019 Sales, Expansion Opportunities
Market share is growing, capital expenditures for new stores and major remodeling projects are on the rise and Baltimore-Washington market share leader Giant Food has regained much of the mojo it had lost in the 20 years since Ahold acquired the Landover, MD based chain. Those were some of the takeaways from the…
March 11, 2019
Dollar Tree To Shutter 390 Family Dollar Units, Rebrand 200 Others
While not a total failure, Dollar Tree’s 2015 purchase of Family Dollar stores has proven a disappointment. That fact was affirmed earlier this month when the Chesapeake, VA- based dollar store merchant (second to Dollar General in that channel of trade) announced plans to shutter 390 of its Family Dollar Stores and…
March 11, 2019
MFCA Ready To Embark On Bold Expansion Effort
Jessup, MD facility seeks to revitalize its seafood center and develop space to engender entrepreneurialism.
March 11, 2019
Giant/Martin’s Gets FTC Nod To Buy 5 Shop ‘n Save Stores
Giant Food Stores/Martin’s has been granted FTC approval to complete the acquisition of five corporately-owned Shop ‘n Save stores from Supervalu, now a subsidiary of United Natural Foods (UNFI). The deal was first announced on November 6, 2018 and is part of Supervalu/UNFI’s plan to shed all of its corporately-owned…
February 25, 2019
Key Food Volume Keeps Rising; Co-Op Unveils Bold Growth Plan
More than 900 suppliers, brokers and distributors made their way to the Hilton Garden Inn on Staten Island to attend Key Food’s annual vendor summit. Led by CEO Dean Janeway and chief operating officer George Knobloch the audience heard a detailed two hour-and-thirty minute presentation filled with facts, candor and…
February 24, 2019
Ruth Eni, Face of Dietz & Watson, Dies at 94
Ruth Eni, 94, of Moorestown, NJ, passed away peacefully February 8. Ruth was born and raised in Philadelphia, where she received bachelor and master’s degrees from the University of Pennsylvania. Post-graduation Ruth taught English at Upper Darby High. After a few years of teaching, her father Gottlieb Dietz, asked her to join him and help…
February 9, 2019
Amazon-Owned Whole Foods Set To Scrap ‘365’ Division
Whole Foods plans to scrap its 365 By Whole Foods store format, less than two years after launching the concept, which offered lower prices and a more local flavor than the company’s traditional WFM units.
January 21, 2019
King Kullen’s 89-Year Legacy Ends With Ahold Delhaize Sale
On January 4, Ahold Delhaize made its biggest supermarket deal since the 2016 merger between Ahold and Delhaize when it agreed to acquire King Kullen’s 37 Long Island stores.
January 21, 2019
Rite Aid In Jeopardy Of Delisting From New York Stock Exchange
Rite Aid Corporation announced January 3 that the New York Stock Exchange (NYSE) has notified the company that it is no longer in compliance with NYSE continued listing standard rules because the per share trading price of its common stock has fallen below the NYSE's share price rule.
January 14, 2019
Ahold Delhaize Adds To Store Base With King Kullen Deal
On January 4, the Ahold Delhaize made its biggest supermarket deal since the 2016 merger between Ahold and Delhaize when it agreed to acquire King Kullen’s 37 Long Island stores.
January 14, 2019
BREAKING NEWS: Stop & Shop Boosts Long Island Share With King Kullen Acquisition
Ahold Delhaize announced on January 4 that it has acquired King Kullen.
January 4, 2019
New Center City Philadelphia Wawa Is Largest In Company
Wawa opened the largest store in its history December 14 when it cut the ribbon in Philadelphia.
December 27, 2018
C&S, Wakefern, UNFI Outpace All Wholesale Grocers In Northeast
C&S Wholesale Grocers is the leading wholesaler in the Mid-Atlantic and Northeast market area, according to data compiled by Best-Met Publishing Co.
December 27, 2018
C&S, Wakefern, UNFI Outpace All Wholesale Grocers In Northeast
C&S Wholesale Grocers is the leading wholesaler in the Mid-Atlantic and Northeast market area, according to data compiled by Best-Met Publishing Co.
December 17, 2018
Giant Food To Get $175M Capital Infusion; Stop & Shop Also Gains
After nearly a decade of minimal store-driven capital investment, the Ahold USA banners in the Ahold Delhaize USA lineup will be getting considerable attention over the next few years.
December 17, 2018
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 29, 2018, a 1.6 percent increase from the prior year.
November 27, 2018
