End Near For A&P; Once Great Chain Files Chapter 11 Again
For the second time in five years, A&P has filed for Chapter 11 Bankruptcy and has sold 120 of its stores to three parties - Acme, Stop & Shop and Key Food stores - and will shutter an additional 35 units.
August 5, 2015
Weis Promises To Continue Sales Driven Approach
Pledging to maintain its strategy of driving sales first, Weis Markets COO Kurt Schertle told more than 300 vendors that the Sunbury, PA based regional chain will continue to invest in its stores and seek further supply chain efficiencies. Schertle made his remarks at a vendor meeting at Susquehanna University…
July 21, 2015
Acme, Stop & Shop, Key Food Are Early Winners In A&P Bankruptcy, Sell Off
For the second time in five years, A&P has filed for Chapter 11 bankruptcy protection. After filing early Sunday July 19, the company announced plans to sell 120 stores and shutter 25 others.
July 21, 2015
Six Months After Safeway Buy, Albertsons Launches IPO Effort
On July 8, Albertsons Companies filed a registration statement with the SEC for a proposed initial public offering of share of its common stock.
July 13, 2015
Ahold, Delhaize Agree To Merge In $25B Deal; Boer To Remain CEO
The culmination of 43 days of negotiations ended on June 24 when international supermarket retailers Delhaize and Ahold agree to merge in a $29 billion deal.
July 13, 2015
ShopRite Unstoppable; Ups Share Against S&S, A&P In $95.3B Market
The Food Trade News 2015 market study shows that StopRite remains the leading operator in the marketing area.
July 2, 2015
Giant Slipping But Retains Lead Over Wal-Mart In $45.4B Market
The Food World market study.
June 24, 2015
Ahold, Delhaize Agree To Merger
International supermarket retailers Ahold and Delhaize announced that they have agreed to combine their businesses as Ahold Delhaize in a merger valued at $29 billion.
June 24, 2015
Wegmans To Open First Metro New York Store in Brooklyn
Wegmans will open its first Metro New York unit at the Brooklyn Navy Yard in 2017.
May 19, 2015
Weis Sets Cap-Ex At $92 Million; Vows To Keep 'Lower Price' Plan
Weis Markets chairman Jonathan Weis announced his company's plans to invest $92 million in the growth and upgrade of its store base.
May 19, 2015
Ahold, Delhaize In Merger Talks; AUSA Continues Realignment
European supermarket giants Ahold and Delhaize have confirmed they have begun preliminary talks regarding a possible merger, which was first reported May 12 by two Dutch newspapers.
May 11, 2015
Aldi To Reopen 30 Of 66 Former Bottom Dollar Foods Locations
Aldi recently announced that it will reopen 30 of the 66 former Bottom Dollar Foods that Delhaize shut last year.
April 18, 2015
Albertsons Realignment: Miller Now CEO, Edwards To Vice Chair
Albertsons has realigned its executive management team with Bob Miller assuming the role of CEO.
April 18, 2015
Donovan, Sgro, Puleo, Nizinski, Tarloff Head C&S Regional Team
C&S Wholesale Grocers recently announced organization changes to its sales, merchandising and category management team.
April 13, 2015
Lidl Aggressively Pursuing Sites; Buys HQ Building In Arlington, VA
Lidl, the large European limited assortment retailer is reportedly aggressively seeking new sites in the Mid-Atlantic, and has purchased office space in Arlington, VA.
April 13, 2015
Kim Gray Elevated To Merchandising-Marketing VP At Acme Markets
Kim Gray has been named VP-merchandising and marketing at Acme Markets.
March 24, 2015
Ahold USA Restructuring Costs 120 Jobs; Sussman To Head All S&S As Kelley Out
Ahold USA earlier this month announced an internal restructuring and that Joe Kelley has left the Stop & Shop New England division as president.
March 24, 2015
AUSA Makes Modest Sales Gain; Restructuring May Cut 120 HQ Jobs
Ahold USA reported modest sales gains in its recently released fourth quarter and full-year 2014. Additionally, the retailer announced several personnel changes.
March 9, 2015
Under New Albertsons Control, Safeway's Eastern Division Unveils Decentralized Plan
Jim Perkins recently held a meeting for vendors in the Safeway Eastern Division marketplace to unveil the company's new decentralized go-to-market model.
March 9, 2015
Joe Kelley Resigns As President Of Stop & Shop NE, Sussman To Expand Duties On Interim Basis
Joe Kelley has resigned as president of the 220 store New England division of Stop & Shop, effective March 2, to pursue other career opportunies. He will be replaced on an interim basis by Don Sussman, Ahold USA’s current president of its Stop & Shop New York Metro division. This…
March 2, 2015
Industry Loses Three Retail Pioneers
Three food industry pioneers passed away last month - Allen I. Bildner of Kings Food Markets, Raymond Bartolacci Sr. of Laneco and Frank O. Genuardi of Genuardi's Family Markets.
February 24, 2015
AUSA Realigns Merchandising Team; Herring Joins Dichele As SVP
Tonya Herring has joined Ahold USA as senior VP on non-perishable merchandising, joining company veteran Jeff Dichele in that role.
February 24, 2015
Mars Super Markets To Shutter Four Baltimore Area Locations
Facing increased competition for shoppers' dollars, Mars Super Markets has said it closed its Bel Air, MD stoer and will close three others y May 1.
February 24, 2015
FTC Clears Albertsons' Buy As Safeway Begins Localization
Following FTC clearance, AB Acquisition LLC and its parent company Cerberus officially completed the purchase of Safeway.
February 24, 2015
Perkins, Dye, Croce Promoted As Albertsons Revamps Team
Just before presstime, the newly merged Albertsons and Safeway organization announced that Jim Perkins, president of Acme Markets, has been named chief operating officer of the company’s east region, part of the company’s New Albertsons Inc. (NAI) unit. Perkins will succeed Justin Dye, who has been given additional responsibility for…
February 20, 2015
Ahold USA Identical Store Sales Increase 0.3% In Q4
Ahold announced consolidated net sales of $9.5 billion for the fourth quarter of 2014, an increase of 7.9 percent compared to last year.
January 20, 2015
CEO Jack Murphy: New Initiatives Geared To Put 'Swagger' Back In Fairway Market
Jack Murphy, Fairway Market's new CEO, said plans are under way that will re-establish the Manhattan based grocer as a stronger retail entity.
January 20, 2015
Rite Aid Continues Turnaround With Impressive Third Quarter
Rite Aid reported significant earnings and sales gains in its fiscal third quarter ended November 29, 2014.
January 12, 2015
Albertsons Sells 168 Supermarkets As Safeway Purchase Nears Closing
With the Albertsons acquisition of Safeway store imminent, the chain announced that it will sell 168 stores to four separate buyers.
January 12, 2015
New NLRB Rule Will Allow For Speedy Organization Voting
The National Labor Relations Board has adopted a new rule to alter and accelerate union representation elections.
December 24, 2014
Market Basket Sale Completed As 'Artie T.' Gains Total Control
Arthur T. Demoulas and members of his family completed the deal to acquire the 50.5 percent stake in the company that was owned by the Arthur S. Demoulas family.
December 24, 2014
Another Record Performance By Kroger As Earnings Increase 21%
Kroger posted its 44th consecutive quarter of positive identical store revenue.
December 24, 2014
FTC On Verge Of Approving Sale Of Safeway Stores To Albertsons
The Albertsons’ (AB Acquisition LLC, a unit of Cerberus Capital Management) purchase of Safeway is imminent and final Federal Trade Commission (FTC) approval is expected to be granted by year’s end, according to several sources.
December 24, 2014
Aldi To Acquire Bottom Dollar Foods From Delhaize America For $15 Million
Aldi will acquire the retail estate and certain assets of 70-store Bottom Dollar Foods.
November 20, 2014
Ham Replaces Newlands Campbell As Food Lion President
Meg Ham has replaced Beth Newlands Campbell as president of the Food Lion division of Delhaize America.
November 15, 2014
C&S Gains Control of AWI Assets As Marathon Bidding Ups Price To $288M
C&S Wholesale Grocers emerged the winner in the contest to acquire bankrupt wholesaler AWI.
November 15, 2014
Update: Court Approves C&S Bid For AWI, Closing Expected In Early November
The C&S bid to acquire AWI was approved in bankruptcy court in Wilmington, DE on October 29. Closing is expected in early November.
October 30, 2014
Breaking News: C&S Reportedly Wins AWI Auction
Sources tell Food World and Food Trade News that C&S was the winner in last week's auction for the assets of AWI and White Rose.
October 27, 2014
Perkins To Remain Acme President As Albertsons Unveils New Team
Acme president Jim Perkins will remain the leader of the 100 store Malvern, PA based chain as the new leadership team at Albertsons has been named.
October 14, 2014
AWI Auction Set For October 24; C&S Break-Up Fee Reduced
The auction to acquire AWI and sister company White Rose will take place on October 24 followed by a sale hearing on October 29 at which the winning bidder will likely be announced.
October 14, 2014
