Trade Mourns Sudden Death Of Weis Markets' Bruno Garisto
Bruno Garisto, 45, Weis Markets’ vice president of center store merchandising and sales, passed away unexpectedly on August 10.
August 10, 2012
Erik Keptner Named Executive VP-Marketing At Ahold USA
Ahold USA announced that that Erik Keptner has been promoted to the newly created position of executive vice president of marketing. The move comes after Ahold USA EVP-marketing and merchandising Jeff Martin resigned unexpectedly in June. After Martin’s exit, Ahold USA said it would split the former Martin EVP role…
August 6, 2012
Supervalu Fires Herkert, Sales Named CEO; Goldman Sachs To Supervise Asset Review
Supervalu finally fired president and chief executive officer Craig Herkert on July 30, naming its non-executive chairman of the board Wayne C. Sales as president and CEO.
August 6, 2012
Wayne C. Sales New Supervalu President/CEO, Replacing Craig Herkert
Supervalu announced July 30 that Wayne C. Sales has been named president and chief executive officer, replacing Craig R. Herkert. Sales will continue to serve as chairman of the board. Director Philip L. Francis has been elected lead director. “In my new role, I will work closely with our leadership…
July 30, 2012
Giant, Weis, McCaffrey's Open Former Genuardi's Units
The three retailers that officially acquired 19 Genuardi’s stores over the past six weeks will have reopened all those units by the end of this month. And Safeway, parent company of Genuardi’s, is getting ready to exit the Delaware Valley market probably in the next few months when its remaining…
July 16, 2012
After Another Dismal Quarter, Supervalu Suspends Dividend, Seeks Asset Review
The end is near for Supervalu as we now know it following a dismal first quarter (ended June 16) in which the company once again saw key metrics plummet. Quarterly profit plunged 45 percent as the Eden Prairie, MN based retailer/wholesaler earned $41 million, down sharply from the $74 million…
July 16, 2012
Shoppers/Jumbo Founder Kenneth Herman Dies At 92
Kenneth Herman, who founded Jumbo Foods, which later became Shoppers, has died at age 92.
July 11, 2012
Weis Markets Promotes Kurt Schertle To Executive VP
Weis Markets announced the promotion of Kurt Schertle to executive vice president on July 2. “Kurt has played a key role in our company’s sales building initiatives and growth program,” said David J. Hepfinger, Weis Markets’ president and CEO. “As we plan for a future of continued growth and increased…
July 11, 2012
Shoppers, UFCW Locals 400 & 27 Agree To New Two-Year Contracts
Shoppers Food & Pharmacy and UFCW Locals 400 and 27 have agreed to a new two-year labor contract.
July 11, 2012
ShopRite, Wal-Mart, Giant (Landover, Carlisle) Pace All Retailers in Mid-Atlantic
The Food World and Food Trade News 2012 Market Study issues measure market share of food and drug retailers throughout the Mid-Atlantic region.
June 12, 2012
Jeff Martin Resigns As Ahold USA EVP Of Merchandising And Marketing
In a very surprising move, Jeff Martin resigned his position as executive VP-merchandising and marketing for AholdUSA, effective June 8.
June 10, 2012
Weis Increases Cap-Ex Budget To Record $125 Million
Weis Markets posted another strong sales and earnings quarter while also telling shareholders that the next 12 months should continue the forward momentum that the chain has enjoyed since 2009.
May 21, 2012
Ahold USA Changes: Kelley Named S&S New England President, McGowan To Head Supply Chain
Ahold USA earlier this month announced two changes to its executive leadership. Mark McGowan has been named EVP-Supply Chain for Ahold USA and Joe Kelley will become president of Stop & Shop New England.
May 21, 2012
Wal-Mart's Ambitious Washington, DC Growth Plan Facing Construction Delays
Wal-Mart’s ambitious project of building six new stores in the District of Columbia over the next three years will not happen as planned.
May 10, 2012
Trade Loses Two Industry Vets As James S. Herr, Lee Javitch Pass Away
Industry veterans James S. Herr of Herr Foods and Lee Javitch of Giant/Carlisle both passed away this month.
April 21, 2012
Wawa CEO Howard Stoeckel To Retire At The End Of 2012
Long-time Wawa CEO Howard Stoeckel will retire at the end of the year. Chris Gheysens, 15-year company vet, will take the post in January.
April 21, 2012
Wyche Named Acme Markets President; Parent Supervalu Annual Loss At $1.04B
Keith Wyche has been named Supervalu president as Dan Sanders moves to SVU's SoCal Albertsons division.
April 21, 2012
Delhaize America's Sluggish Sales Threaten Rebound Effort
As Delhaize tries to revamp many part of its organization, it continues to struggle with its bottom line and comp store sales performance.
April 3, 2012
UFCW Locals 400, 27 Ink New 18-Month Labor Agreements With Giant, Safeway
There is labor peace in the Baltimore-Washington market for the region's two largest chains - Giant/Landover and Safeway.
April 3, 2012
Delhaize America Plans More Bottom Dollar Growth In NJ
Bottom Dollar Food (BDF), a unit of Delhaize America, announced late last month that it will add eight additional stores in Southern and Central New Jersey over the next few months.
March 24, 2012
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.
March 24, 2012
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 to 7.29 billion euro ($9.71 billion) for the Amsterdam based retailer.
March 6, 2012
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.
March 6, 2012
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.
February 22, 2012
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.
February 22, 2012
Giant/Landover Reflects On 75th Anniversary Year Highlighted By Community Service
Giant/Landover recently wrapped up its year-long 75th anniversary celebration.
February 14, 2012
Ahold USA, Supervalu Heading In Different Sales Directions
Two of the Northeast's largest food retailers - Ahold USA and Supervalu - continued to track on vastly different financial paths.
February 14, 2012
Delhaize America Shuts 126 Supermarkets; Bloom 'Retired,' Bottom Dollar To Expand
Delhaize America has closed 126 under-performing stores primarily affecting its Food Lion, Bottom Dollar Food and Bloom banners.
February 14, 2012
Supervalu Posts $750 Million Loss In Third Quarter
On January 11, Supervalu, Inc. posted a third quarter net loss of $750 million on total net sales of $8.3 billion and saw identical store sales plummeted to 2.9 percent
January 17, 2012
Lauer's Supermarkets Founder Ed Lauer Dies
Lauer's Supermarkets founder Ed Lauer passed away January 2 after a long battle against Parkinsons disease.
January 9, 2012
UFCW's McNutt: Unions Will Seek Wage Increases In Giant, Safeway Bargaining
UFCW Local 400 president Tom McNutt discusses the organization's upcoming negotiations with Giant and Safeway for new labor contracts.
January 9, 2012
Safeway Exiting Philly With Sales, Closings Of Genuardi's
In a long-expected announcement, Safeway Inc. said it intends to exit the Philadelphia market where it operates 27 Genuardi’s stores. The Giant/Carlisle division of Ahold USA has agreed to purchase 16 of those stores (all in Pennsylvania) for $106 million.
January 9, 2012
Wakefern, C&S, Supervalu, McLane, AWI Pace Mid-Atlantic Wholesalers
Food World's 2011 study of Mid-Atlantic wholesalers.
December 16, 2011
Delhaize Set To Add 450 New Stores; Retailer Seeks 5-7% Annual Sales Growth
Delhaize announced plans for 450 new stores in the next five years, including hundreds of Bottom Dollar Food units in the U.S.
December 16, 2011
Sussman Named Stop & Shop NY President; Onorato New Ahold SVP
Ahold USA announced that Ron Onorato, formerly Stop & Shop NY president will move into a new role as SVP-operational initiatives for Ahold USA while Don Sussman will take over at Stop & Shop.
November 21, 2011
Wakefern Posts Record $12.8B Retail Sales, $9.5B Wholesale Volume; Janeway Officially Retires
Wakefern Food Corp. held its annual meeting late last month and it was clearly one of the most pivotal gatherings in the company’s 65 year history, with record retail and wholesale volumes and the offical retirement of president Dean Janeway.
November 21, 2011
Not Guilty: Jury Acquits White, Small And Currie
Maryland State Senator Ulysses Currie, retired Shoppers president Bill White and former Shoppers VP Kevin Small were all found not guilty November 8 of federal extortion and bribery.
November 9, 2011
Yucaipa, Goldman Sachs, Mount Kellett Seek A&P Chapter 11 Exit With $490 Million Offer
A&P announced November 3 that is has entered into an agreement to receive $490 million of debt and equity financing from private investors including The Yucaipa Cos., Mount Kellett Capital Management LP and Goldman Sachs.
November 7, 2011
Weis' Hepfinger Named 2011 'Manos' Award Recipient
David J. Hepfinger, president and CEO of Weis Markets, has been selected as the 2011 Pete Manos Retail Executive of the Year, based on votes by readers of Food World and Food Trade News.
November 7, 2011
Safeway Reportedly Close To Genuardi's Sale; Giant/Carlisle Seen As Prime Buyer
Safeway's "sales exploration" process involving its Genuardi's stores will reportedly lead to a deal with several retailers in the near future.
October 11, 2011
