Authoritative news, analysis, and data for the food industry

Ahold, Delhaize To Sell 86 Stores; Weis, Supervalu, Publix To Gain; Merger On Track For Late July Closing

After announcing on July 12 that the $29 billion merger of Ahold and Delhaize is expected to close at the end of July, both retailers announced the next day that they have sold 86 stores as part of their Federal Trade Commission (FTC) mandated effort to part with overlapping U.S.…
July 14, 2016

Philadelphia Enacts 'Sugar Tax' Law Effective January 1

Philadelphia became the first major U.S. city to enact a tax on sugar sweetened and diet beverages.
July 6, 2016

ShopRite Grows Lead; A&P Exit Bolsters S&S, Acme, Key Food

The results of the 2016 Food Trade News market study.
July 6, 2016

Online Grocers Relay Foods, Door To Door Organics Agree To Merge

Online grocers Relay Foods and Door to Door Organics have entered into a definitive agreement to merge.
July 5, 2016

Giant Still Slipping But Retains Lead Over Wal-Mart In $46.5B Market

The summary of Food World's 2016 retail market study.
July 5, 2016

Breaking News: Mars To Shutter Operations, Weis To Buy Five Baltimore Locations

Mars Super Markets will be closing its doors on July 31, 2016. Weis Markets will acquire five locations.
May 25, 2016

Wal-Mart Must Pay $187 Million In 'Off The Clock' Class Action Suit

The U.S. Supreme Court refused to hear Wal-Mart's appeal the $187 million class action judgment against it, meaning it must pay the Philadelphia County Court of Common Pleas' judgment against Wal-Mart, finding that there was sufficient evidence to conclude that Wal-Mart breached its contract with its workers and violated state…
April 21, 2016

Strong FY 2015 Motivates Weis Markets To Remain Focused On Driving Revenue

Weis Markets held its 2016 vendor meeting April 12 at the BWI Marriott in Linthicum Heights, MD. Food World reports on what the vendors heard from the company's executives.
April 21, 2016

Federal Agency Guarantees A&P Employees’ Retirement Payouts

More than 21,000 former A&P employees will receive retirement payments thanks to the Pension Benefit Guaranty Corporation (PBGC), the federal agency created to protect workers by assuming pension benefits from private sector employers who are unable to further fund existing pension/retirement plans.
April 17, 2016

Ahold, Delhaize Set To Sell More Than 80 Stores; Holders OK Deal

Shareholders of Ahold and Delhaize officially approved the merger of the two large European grocery chains setting the stage for a mid-year closing of the deal which was first announced on June 24, 2015. Additionally, at its U.S, holdings, both chains are reportedly offering a combined 84 stores for sale…
April 17, 2016

PE Firm Apollo Agrees To Buy The Fresh Market For $1.36B

  The Fresh Market, Inc., the struggling, upscale specialty retailer, has found a buyer. After speculation about a company sale increased late last year and ramped up about a month ago after reports surfaced that it was listening to offers (including conversations with Kroger and several private equity firms), the…
March 21, 2016

Ahold Delhaize Holders Approve Merger; 83 U.S. Supermarkets Reportedly For Sale

Ahold and Delhaize shareholders gave final approval for the officially approved the merger of the two large European grocery chains setting the stage for a mid-year closing of the deal . And, at its U.S. holdings,both chains are reportedly offering a combined 83 stores for sale in the Baltimore-Washington, Eastern…
March 20, 2016

BREAKING NEWS: UNFI to acquire Haddon House for $217.5 Million

Medford NJ-based Haddon House to be acquired by UNFI.
February 29, 2016

Wal-Mart Reneges On Promise To Open Two Washington, DC Stores

When Wal-Mart announced on January 15 that it will close 269 stores, including 154 U.S. units, it didn’t mention that it would also discontinue its plans to build two new Wal-Mart stores in Washington, DC.
February 8, 2016

Course Reversal: Safeway Will Operate Maryland Warehouse

Safeway and the Teamsters Locals 730 and 639 reached an agreement late last month to keep the retailer's Upper Marlboro, MD depot open, reversing a decision made last October to close that facility (along with a smaller non-foods warehouse in nearby Landover, MD) and outsource the supply to three C&S…
February 8, 2016

Share Price Dip Could Lead To Nasdaq Delisting For Fairway

The Nasdaq notified Fairway Markets in early January that the retailer was not in compliance with rule 5450(a)(1) because its stock had failed to maintain a minimum closing bid price of $1 for 30 consecutive days of business, which could lead to the retailer's delisting.
January 18, 2016

Lease Rejections To Accelerate Tea Company Shutdown Process

With about 90 stores yet unsold, A&P in the past month has begun to accelerate its wind down process by rejecting 48 leases and agreeing to sell six more stores. Also, the most recent disposition status of all A&P stores.
January 18, 2016

A&P Ramps Up Closure Process By Rejecting Leases Of 48 Units

With about 90 stores yet unsold, A&P has begun to accelerate its wind down process by rejected 48 leases and has engaged the services of A&G Relaty Partners to act as a third party sales agent.
January 11, 2016

Harris Teeter To Build 1.5 Million Square Foot Depot In Caroline County, VA

Harris Teeter confirmed it will build a new 1.5 million square foot distribution Center in Caroline County, VA
January 11, 2016

Retired Giant/Landover CEO Pete Manos Passes Away

Retired Giant/Landover CEO Pete Manos passed away January 7.
January 11, 2016

Q&A With Ahold USA COO James McCann

Food World/Food Trade News recently sat down with McCann at Ahold USA’s headquarters in Carlisle, PA and discussed a wide array of subjects including his vision for AUSA’s future.
January 11, 2016

Kings' Durante Adds Prexy Title; CEO Spires Elevated To Chairman

Kings Food Markets has announced changes to its leadership team.
January 4, 2016

All A&P Stores Now Closed; A&G Realty To Help Move Unsold Units

A&P is physically kaput. All of the approximately 60 stores that were unsold during the auction process or were previously shuttered by A&P closed their doors permanently on November 25.
January 4, 2016

Lawrence Kurzius To Succeed Alan Wilson As McCormick Chief Exec

Lawrence Kurzius will succeed Alan Wilson as McCormick CEO February 1.
December 21, 2015

After Delay, Albertsons Refiles With SEC In Move To Launch Initial Public Offering

After having to delay its planned mid-October IPO launch, Albertsons Companies filed an amended S-1 stock prospectus form on November 23.
December 21, 2015

Wakefern Reports Record Sales; 16 New Units In Real Estate Plan

Wakefern Food Corp. reported a record retail sales level of $15.7 billion for its 53-week fiscal year ending October 3, 2015.
November 16, 2015

Court Approves Extension As A&P Seeks To Sell More Supermarkets

The wind down of the once iconic Great Atlantic & Pacific Tea Company goes on and the results continue to be underwhelming.
November 16, 2015

Lidl Breaks Ground On Virginia Depot; On Track For 2018 Debut

Lidle broke ground October 27 for a new regional headquarters and distribution center in Spotsylvania County, VA.
November 16, 2015

Walgreens Purchase Of Rite Aid To Form 12,800 Unit Drug Chain

Walgreens and Rite Aid announced October 27 that they have entered into a definitive agreement under which Walgreens Boots Alliance will acquire all outstanding shares of Rite Aid
November 16, 2015

Albertsons IPO Delayed; Joe Kelley Joins Shaw's As VP-Merchandising

Albertsons said it will delay its planned IPO indefinitely.
October 20, 2015

A&P Store Auction Underwhelms; Court May Seek New Bidding

The A&P store auction held earlier this month left more than 100 units still unsold.
October 20, 2015

Acme, S&S, Key, Wakefern Remain Leading Bidders For A&P Stores

As expected, the auction has heated up regarding the sale of A&P stores as the Montvale, NJ chain sells and closes stores under Chapter 11 bankruptcy.
October 12, 2015

Mars Super Markets Reportedly Seeking Sale Option Once Again

Baltimore-based Mars Super Markets is reportedly exploring options to sell its 13 remaining area supermarkets.
October 12, 2015

Baldwin Joins BJ's Wholesale As Chief Operating Officer, President

BJ's Wholesale Club has named Christopher J. Baldwin as its new chief operating officer and president, reporting to CEO Laura Sen.
September 22, 2015

A&P Auction Reset For Oct. 1; Judge OKs Retention Program

The deadline for submissions for A&P's stores has been extended to September 17 with the auction date pushed back to October 1-2.
September 22, 2015

Rick Anicetti Named President, Chief Executive Of The Fresh Market

The Fresh Market has named former Food Lion CEO as its new president and chief executive officer.
September 9, 2015

Bankruptcy Judge Urges A&P To Up Employee's Severance

Prior to the first of several auctions slated for later this month, U.S. Bankruptcy Judge Robert Drained rules on September 1 to allow A&P to restrict seniority bumping rights at 25 stores scheduled to close by mid-October.
September 9, 2015

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.
August 20, 2015

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.
August 20, 2015

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.
August 5, 2015