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
Taking Stock
Taking Stock
Jeff Metzger's take on what to expect in 2016 in the industry, plus the rest of the news of the market.
January 11, 2016
In & Around Food World
In & Around Food World
Chairman Emeritus Dick Bestany pens his final column for Food World.
January 11, 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
Taking Stock
Taking Stock
Jeff Metzger's analysis of the recent news that Albertsons has refiled its IPO prospectus, plus the rest of the news of the market.
December 15, 2015
Metro Beat
Metro Beat
Kevin Gallagher reports in from the Metro New York market.
December 15, 2015
Soup To Nutz
Soup to Nutz
Maria Maggio reports in from the Delaware Valley.
December 15, 2015
Taking Stock
Taking Stock
Jeff Metzger's analysis of the recent Kroger earnings report, plus the rest of the news of the market.
December 14, 2015
Soup To Nutz
Soup to Nutz
Maria Maggio reports in from the Delaware Valley market.
November 18, 2015
Metro Beat
Metro Beat
Kevin Gallagher reports in from the Metro New York market.
November 18, 2015
Taking Stock
Taking Stock
Jeff Metzger's analysis of the recent Key Food vendor meeting, plus the rest of the news of the market.
November 17, 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
Taking Stock
Taking Stock
With Financial Markets Volatile, Albertsons Postpones Proposed Initial Public Offering You can blame Wal-Mart for this: last month, Albertsons Companies postponed its planned IPO launch because of instability in the financial markets. That instability was triggered by the Bentonville Behemoth’s “Black Wednesday” announcement on October 14 that it will not meet…
November 9, 2015
Taking Stock
Taking Stock
Jeff Metzger's analysis of the recent action at the A&P store auction, plus the rest of the news of the market.
October 20, 2015
Metro Beat
Metro Beat
Kevin Gallagher reports in from the Metro New York market.
October 20, 2015
Soup To Nutz
Soup to Nutz
Maria Maggio reports in from the Delaware Valley market.
October 20, 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
Taking Stock
Taking Stock
Jeff Metzger's analysis of the Albertsons IPO, plus the rest of the news of the market.
October 12, 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
Metro Beat
Metro Beat
Kevin Gallagher reports in from Metro New York.
September 22, 2015
Soup To Nutz
Soup to Nutz
Maria Maggio reports in from the Delaware Valley market.
September 22, 2015
Taking Stock
Taking Stock
Jeff Metzger reports on Acme Markets' September vendor meeting, plus the rest of the news of the market.
September 22, 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
Taking Stock
Taking Stock
Jeff Metzger's analysis of the most recent A&P bankruptcy developments, plus the rest of the news of the market.
September 9, 2015
In & Around Food World
In & Around Food World
Dick Bestany reports in from the Mid-Atlantic market.
September 9, 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
