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
Taking Stock
Taking Stock
Jeff Metzger's take on the recent acquisition by C&S of AWI, plus the rest of the news of the region.
November 15, 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
In & Around Food World
In & Around Food World
Last month, the Children’s Cancer Foundation held its 30th annual gala - “A Star Spangled Celebration!” This year’s honoree was the very affable Gordon Reid, president of Giant/Landover, who was joined by his lovely wife Gillian. More than 600 tickets were sold, making for a sizeable donation to the charity…
November 10, 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
Taking Stock
Taking Stock
Jeff Metzger's report on the recent Weis vendor meeting, plus the rest of the news of the market.
October 14, 2014
Soup To Nutz
Soup to Nutz
Maria Maggio reports in from the Delaware Valley region.
October 14, 2014
Metro Beat
Metro Beat
Kevin Gallagher reports in from the New York Metro region.
October 14, 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
Taking Stock
Taking Stock
Jeff Metzger's analysis of the recent AWI-White Rose/C&S news, plus more.
October 9, 2014
In & Around Food World
In & Around Food World
Last month Shoppers Food & Pharmacy announced a partnership with the American Diabetes Association (ADA), saying it will support the association’s “Stop Diabetes” campaign, a program that funds community outreach and education programs aimed at raising awareness of the nation’s diabetes epidemic. In support of the campaign, the company offered…
October 9, 2014
UFCW Local 400 Ratifies 4-Year Pact At 23 R-N Kroger Supers
Members of UFCW Local 400 voted to ratify a new, four-years collective bargaining agreement with Kroger covering 3,500 employees in the Richmond and Tidewater areas.
October 9, 2014
Burnham Tapped As President Of Safeway's 124 Store Eastern Division
Steve Burnham has been named to head Safeway's Eastern Division, once the deal between Albertsons and Safeway is finalized.
October 9, 2014
C&S Agrees To Buy AWI's Assets For At Least $132 Million; Chapter 11 Filed
AWI announced September 9 that it has entered into an asset purchase agreement with C&S in which C&S will purchase substantially all of AWI's assets and will serve as a "stalking horse bidder" in a court approved auction process.
September 17, 2014
Soup To Nutz
Soup to Nutz
Maria Maggio's musings from the Delaware Valley.
September 16, 2014
Metro Beat
Metro Beat
Kevin Gallagher reports in from the New York Metro market.
September 16, 2014
Taking Stock
Taking Stock
Jeff Metzger's analysis of the recent developments at AWI, as well as the rest of the news of the region.
September 16, 2014
With 'Artie T.' Back, Market Basket Business Booming
The 10-week standoff at Market Basket officially ended August 28 when Arthur T. Demoulas' group announced it had acquired the 50.5 percent stake from the Arthur S. Demoulas faction.
September 16, 2014
Taking Stock
Taking Stock
Jeff Metzger's analysis of Wal-Mart's continuing decline, plus the rest of the news of the market.
September 10, 2014
In & Around Food World
In & Around Food World
Dick Bestany shares news of the region.
September 10, 2014
Ahold USA Identical Sales, Profit Decline In Second Quarter
Ahold continued its disappointing financial trend in the U.S., posting declining sales, operating income and margins for its fiscal second quarter ended July 13.
September 10, 2014
Breaking News: As Stalking Horse, C&S Agrees To AWI Asset Purchase; Chapter 11 Filed
A deal was reached September 9 for C&S has entered into an asset purchase agreement with C&S Wholesale Grocers pursuant to which C&S will acquire substantially all of AWI’s assets, including its White Rose distribution business and three distribution centers that are operated by AWI and White Rose.
September 9, 2014
Update: AWI Says It Is Evaluating Offers
Associated Wholesalers Inc. (AWI), the Robesonia, PA based wholesale co-op, announced on August 22 that, in conjunction with its sale process, it has received and is evaluating offers from potential buyers to acquire the assets of AWI and White Rose. AWI said it will carefully evaluate these offers as well…
August 23, 2014
Metro Beat
Metro Beat
Kevin Gallagher reports in from the Metro New York market.
August 18, 2014
Soup To Nutz
Soup to Nutz
Maria Maggio's musings about the latest trade news.
August 18, 2014
Taking Stock
Taking Stock
Jeff Metzger's take on the situation at AWI, along with his analysis of the rest of the news of the market.
August 18, 2014
Despite 'Artie T' Offer, Market Basket Remains At Standstill
Tewksbury, MA based Market Basket continues to see a standoff between the two factions of the Demoulas family, those siding with Arthur T. Demoulas, the recently ousted CEO, and those siding with Arthur S. Demoulas.
August 18, 2014
Delhaize America Reportedly Mulling Sale Of Bottom Dollar
Sources have told Food Trade News that Delhaize America is considering the sale of its 66 Bottom Dollar Foods stores located in Pennsylvania, Southern New Jersey and Northeast Ohio.
August 18, 2014
AWI Reportedly Open To Selling Entire Wholesale Enterprise
Sources have told us that AWI is seeking a buyer for its entire wholesale enterprise, not just for its White Rose division.
August 4, 2014
Safeway Gains Shareholder Approval For Cerberus Deal
Safeway's shareholders approved a deal for the company to be sold to Cerberus Capital Management.
August 4, 2014
Taking Stock
Taking Stock
Jeff Metzger's analysis of the recent reports that AWI may be considering selling the entire company rather than just the White Rose division, plus the rest of the news of the market.
July 21, 2014
Soup To Nutz
Soup to Nutz
Maria Maggio's musings from around the trade.
July 21, 2014
Metro Beat
Metro Beat
Kevin Gallagher reports in from the Metro New York market.
July 21, 2014
AWI Reportedly Open To Selling Entire Wholesale Enterprise
Food Trade News has learned that AWI may be considering selling the entire company, rather than just the White Rose division.
July 21, 2014
Taking Stock
Taking Stock
Jeff Metzger's analysis of the state of independent retailing in the Food World market, plus the rest of the news of the region.
July 18, 2014
In & Around Food World
In & Around Food World
Dick Bestany reports in from the Food World area.
July 18, 2014
Independent Retailers Farmer's Foods, Camellia Shutter Operations
Two Virginia-based independent retailers that have been in business for a combined 125 years have closed their doors in the past month: Virginia Beach-based Camellia Foods and Farmer’s Foods, based in Hopewell.
July 18, 2014
