Omnichannel Gains Spur Ahold Delhaize Stellar Q4, Fiscal 2020 Performance
Taking Stock
Sales at its U.S stores jumped 18.7 percent to $13.6 billion in the 14-week period and U.S. comps (ex-gas) grew 11.2 percent, due largely to the COVID-19 outbreak.
February 22, 2021
Metro Beat
Metro Beat
Douglas Sales "Best of Best" ; FMI Celebrates Supermarket Employees
February 22, 2021
ShopRite To Close 62 Pharmacies; CVS Buys Prescription Files
Challenging sales and profitability are the reasons. ShopRite will continue to operate 147 pharmacies and be a provider of COVID-19 vaccines.
February 22, 2021
The New Kings Of Upstate New York ā Price Chopper And Tops ā Agree to Merge
With a combined annual revenue of more than $6 billion, the deal would bring together two of the Empire Stateās largest chains and would provide an opportunity to leverage scale and become a larger and more relevant regional chain.
February 9, 2021
Robin Moran Retires After 40 Years With Giant Food
Giant Food announced that Robin Moran will retire after a 40-year career with the retailer. Moran joined Giant as a part time cashier in 1980 and began her full-time career as a retail trainee in 1983, right out of Towson University.Ā She was one of the first (if not the…
February 8, 2021
Giant Food’s Cipriano Andrade And Gregory Bibbs Move Into New Director Roles
Cipriano āCipā Andrade has accepted the role of category director of DSD. Most recently, Andrade was the director of center store field marketing. He brings a wealth of knowledge and experience to his new role. He began his career with Stop and Shop in 1999 as a customer service manager…
February 8, 2021
Rosalind Brewer Named CEO Of Walgreens
Rosalind Brewer has been named CEO of Walgreens Boots Alliance, replacing outgoing CEO Stefano Pessina. Brewerās appointment will be effective March 15 when Pessina transitions to the role of executive chairman. Brewer will also join the WBA board of directors upon assuming her new role. Brewer brings to WBA a…
February 8, 2021
Aisle Chatter
Aisle Chatter
Costco, Walmart And Target Make The Top 20 On Most Admired Companies List; Kroger Tests Smart Carts
February 8, 2021
Legislative Line
Legislative Line
And We Are Off To The Races!
February 8, 2021
The Continuing Saga Of The Decline Of The Baltimore-Washington Independent
Taking Stock
Whether it was lack of a succession plan, inability to keep pace with current technology and/or other consumer trends, intense competition from larger merchants, adverse legislation or just plain lack of capital, the independent scene has radically changed for the worse since 2011.
February 8, 2021
Bezos To Step Down As Amazon CEO; Union Vote Underway At Alabama DC
Jassy Will Take Helm; Q4 Profit Zooms
February 8, 2021
Soup To Nutz
Soup to Nutz
Trend, Redner's Rebrand And End-of-Year Retirements
January 25, 2021
Statehouse Update
NJFC
Minimum Recycled Content Is Next Proposal Teed Up In NJ Legislature
January 25, 2021
Metro Beat
Metro Beat
ASG Sold To Garcia/Wiscovitch; Uncle G's Opens 9th Unit
January 25, 2021
FTC Grants Approval Of $96.4 Million Acme-Kings Deal
Taking Stock
Nearly 90 days after it was named the successful bidder for 27 Kings and Balducciās stores at a U.S. Bankruptcy Court auction in New York, Acme Markets received clearance from the Federal Trade Commission (FTC) to complete the $96.4 million deal.
January 25, 2021
Gunn Exits Weis, Gleeson Named Interim VP-Merchandising; Lockard To Become CFO
Richard Gunn, Weis Marketsā chief merchant since 2015, has abruptly left the company and will be replaced by current VP-perishables Bob Gleeson on an interim basis. Also, Michael Lockard will become Weisā new CFO in March when Scott Frost retires.
January 20, 2021
Garcia, Wiscovitch Acquire Associated Supermarket Group From AUA Private Equity
Veteran grocery executives Joe Garcia and Zulema Wiscovitch have purchased the Port Washington, NY-based retail solutions firm from AUA Private Equity, the investment firm headed by former Goya executive Andy Unanue, which acquired ASG in 2012.
January 14, 2021
2021 Retailer Outlook Panel
This yearās panelists include: Rod Antolock, president of Harris Teeter; Rick Rodgers, president of Green Valley Marketplace/B. Green; Dan Croce, SVP-store operations for the East division of Sprouts Farmers Market; and Nicholas Bertram, president of The Giant Company.
January 13, 2021
Aisle Chatter
Aisle Chatter
Supermarket Pharmacies Do Their Part In Distributing COVID-19 Vaccine
January 12, 2021
Walmart Being Scapegoated By Department Of Justice Over Allegedly Aiding Opioid Crisis
Taking Stock
Itās not often in the 30 years that Iāve written about Walmart that Iāve defended the worldās largest retailer. And truthfully, before current CEO Doug McMillanās tenure began in 2014, there were way too many black marks on a company that in my view often deliberately worked along the margins…
January 12, 2021
Legislative Line
Legislative Line
2021: Itās A New Ballgame
January 12, 2021
FTC Grants Approval Of Acme-Kings/Balducciās Deal
After a three-month review, the federal agency gives the all-clear for Malvern, PA-based Acme Markets to acquire 19 Kings and eight Balducciās stores for $96.4 million. The transaction is expected to be completed by the end of this month.
January 12, 2021
Food Lion Unveils $212.5 Million Mid-Atlantic Stores Upgrade Plan
112 Units In MD, VA, DE, PA, WV Are Remodeled
January 11, 2021
Former Redner’s Executive Pat Ferguson Passes Away At 82
Former Rednerās Markets executive Patrick J. āPatā Ferguson, 82, of Macungie, passed away December 27, 2020 in the Lehigh Valley Hospital, Salisbury Twp., PA. Ferguson was the first official employee of Rednerās Markets as he was the manager of the retailerās Red Hill location when the late Earl āThe Chiefā…
January 11, 2021
Giant, Local Unions Reach Deal With PBGC Over Pension Plan
Parent Ahold Delhaize Finalizes FreshDirect Acquisition
January 10, 2021
UNFIās Spinner Expects WFM Contract Extension; New CEO To Be Unveiled Shortly
Taking Stock
During his conference call with analysts after the company released its financials, the CEO of the Providence, RI distributor said that his successor could be disclosed in early 2021
December 21, 2020
Metro Beat
Metro Beat
JOH Hosts Successful Fundraiser For Children's Charities; Goya Names Congresswoman As Ironic Employee Of The Month
December 21, 2020
Soup To Nutz
Soup to Nutz
Aldi And Lidl Open Stores In Philly; 'Tis The Season Of Giving
December 21, 2020
C-Store Retailer QuickChek To Be Sold To Murphy Oil In $645M Deal
NJ-Based Durling Family Agrees To All-Cash Offer
December 21, 2020
Statehouse Update
NJFC
Ridge Scholarship Now Accepting Applications For PFMA Members And Families
December 7, 2020
Aisle Chatter
Aisle Chatter
In the Food Industry, Science Fiction Becomes Reality
December 7, 2020
Ahold Delhaizeās Bold Acquisition Of FreshDirect Reveals Its E-Commerce Passion
Taking Stock
For the time being, FreshDirect will operate as a separate entity from any of Ahold Delhaizeās other brands.
December 7, 2020
Legislative Line
Legislative Line
What Is In Store For 2021?
December 7, 2020
In The Northeast, C&S, Wakefern, UNFI, Bozzutoās Pace Wholesalers
COVID-19 Brought Supply Chain Challenges, Sales Opportunities
December 7, 2020
Statehouse Update
NJFC
NJFC Welcomes New Bag Ban Law
November 23, 2020
Soup To Nutz
Soup to Nutz
Acme Cuts The Ribbon On A New Store In The University City Section Of Philly
November 23, 2020
Amazon Unveils Long Expected Pharmacy Entry; Will Brick & Mortar Acquisition Be Next Move?
Taking Stock
The buzz has been around since even before the Seattle juggernaut acquired Whole Foods in 2017 and it became a bit louder when āGodzillaā purchased niche online pharmacy PillPack a year later.
November 23, 2020
Metro Beat
Metro Beat
Lebiak named Pres/COO at Krasdale Foods
November 23, 2020
Ahold Delhaize To Acquire Majority Stake In FreshDirect
The Dutch retailer is set to acquire an 80 percent stake in New York City-based online grocer FreshDirect, expanding its omnichannel presence. Private equity firm Centerbridge Partners will purchase the remaining 20 percent.
November 19, 2020
Gus Lebiak To Replace Retiring Steve Silver As Krasdale President, COO
White Plains, NY-based wholesaler Krasdale Foods has named industry veteran Gus Lebiak as its new president and chief operating officer, effective January 1. He will replace long-time Krasdale executive Steve Silver who will retire. Charles Krasne remains Krasdaleās chairman and CEO.
November 11, 2020
