Authoritative news, analysis, and data for the food industry

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