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
Taking Stock: Keeping Score" Del-Val’s Future Winners And Losers
Taking Stock
Jeff Metzger's analysis of the future of Delaware Valley retailing as the sale of Genuardi's stores seems imminent.
October 11, 2011
Soup To Nutz
Soup to Nutz
Maria Maggio's musings on the food industry in the Northeast.
October 11, 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
With Ellis' Departure, CEO Michael Revamps AWI Management
Taking Stock
Jeff Metzger's reporting on the AWI reorganization in the wake of Bernie Ellis' resignation as president.
October 6, 2011
In & Around Food World
In & Around Food World
Dick Bestany's take on the Mid-Atlantic food industry.
October 6, 2011
Federal Trial Begins For Supermarket Execs White, Small
The bribery and extortion trial of Maryland State Senator Ulysses Currie and co-defendants Bill White and Kevin Small, both former Shoppers executives, began September 27 in Baltimore.
October 6, 2011
Key Ahold USA Changes: Hucker Appointed Giant/Landover President; Singh To EVP-Ops
Anthony Hucker has been appointed president of Ahold USA's Giant/Landover division while Bhavdeep Singh has been named EVP-operations.
October 6, 2011
Taking Stock: Ahold USA Still Seeking Crispness In Post Re-Org Execution
Taking Stock
Ahold USA's re-org is complete, but it will take some time before everything is clicking on all cylinders.
September 19, 2011
Soup To Nutz
Soup to Nutz
Maria Maggio's musings on the industry.
September 19, 2011
Charles Genuardi, Patriarch Of Genuardi's Family Markets, Dies At Age 102
Charles Genuardi, one of the founders of Genuardi's Markets, has died at age 102.
September 19, 2011
Ahold USA Names Hucker As Giant/Landover President
Anthony Hucker has been named division president of Giant/Landover.
September 19, 2011
A&P Seeks To Build Momentum With Opening Of New Philadelphia Super Fresh
A&P cut the ribbon on a new Super Fresh store August 26 in the Northern Liberties area of Philadelphia. The 51,000 square foot unit is the retailer’s first store to open in the Delaware Valley market in more than 10 years.
September 19, 2011
In & Around Food World
In & Around Food World
Dick Bestany's take on the food industry.
September 8, 2011
Taking Stock: Irene’s Effects Can’t Break Industry’s Resolve
Taking Stock
Jeff Metzger's take on the industry's latest news.
September 6, 2011
Five New Inductees To Enter Maryland Food Industry Hall Of Fame
Five notables will be inducted into the Maryland Food Industry Hall of Fame in November.
September 6, 2011
Costco Founder, CEO Jim Sinegal To Retire; Craig Jelinek To Assume Helm In January
Jim Sinegal, chief executive of Costco, will retire in January from the company he founded.
September 6, 2011
Bergmann To Head Supervalu's Independent Business
Leon Bergmann has been named Supervalu's president of independent business.
September 6, 2011
Safeway Exploring Options To Sell More Genuardi's Markets In The Delaware Valley
Sources have told Food Trade News that Safeway has contacted several retailers and wholesalers regarding selling its Genuardi's stores.
September 6, 2011
Soup To Nutz
Soup to Nutz
Maria Maggio's musings on the industry.
August 16, 2011
In & Around Food World
In & Around Food World
Dick Bestany's look at the Mid-Atlantic food industry.
August 8, 2011
Taking Stock: The Dos And Don'ts Of Opening Former Super Fresh Units
Taking Stock
Jeff Metzger Takes Stock Of The Latest Industry Developments
August 8, 2011
Eight Regional Brokers Align To Form BeaconUnited
The Montvale, NJ offices of ESM Ferolie will be headquarters for the new BeaconUnited.
August 8, 2011
Supervalu First Quarter Earnings Up 10%; ID Sales Dip For 13th Consecutive Quarter
Supervalu earnings rise as overall sales and ID revenues continued to decline in the wholesaler/retailer's second quarter.
August 8, 2011
Soup To Nutz
Soup to Nutz
Congratulations to the Philadelphia Wholesale Produce Market (PWPM) on the opening of the new state of the art warehouse on Essington Avenue in Philadelphia! After many delays the market opened for business on June 5 and the 26 merchants who now call the PWPM home couldn’t be happier. We at…
August 1, 2011
Ridder, Scott Named Presidents Of Tasty Baking Units
Flowers Foods announced key appointments at Tasty Baking, marking the beginning of the integration process between the two companies.
July 18, 2011
Tengelmann Likely To Part With 38% Stake In A&P After Bankruptcy Process Ends
The Tengelmann Group, 38% stakeholders in A&P, has said it expects to exit its holdings in the company post-bankruptcy.
July 18, 2011
In & Around Food World
In & Around Food World
Dick Bestany's observations of the industry.
June 27, 2011
Soup To Nutz
Soup to Nutz
Maria Maggio's musings on the industry.
June 27, 2011
Taking Stock: Market Studies 2011
Taking Stock
Jeff Metzger's analysis of the Delaware Valley and Baltimore-Washington markets.
June 27, 2011
Sheridan To Replace Retiring Janeway At Wakefern
Wakefern president and COO Dean Janeway announced that he will retire in January 2012 and will be succeeded by EVP Joe Sheridan.
June 27, 2011
Mrs. Green's Emerges From A&P/Super Fresh Store Closings
Canadian firm Mrs. Greens teams with Village Super Markets (ShopRite) to buy six Maryland and Washington, DC Super Fresh stores.
June 27, 2011
Food World 2011 Market Study: Giant/Landover Extends Lead In $41.8B Market
The 2011 Food World Market Study issue.
June 27, 2011
2011 Market Study: ShopRite Expands Share; Acme, A&P Plummet In $48.1B Market
The 2011 Food Trade News market study issue.
June 27, 2011
In & Around Food World
In & Around Food World
Dick Bestany's take on the Baltimore-Washington food industry.
May 23, 2011
With Shaner Gone, Herkert's Strategy Even More Baffling
Taking Stock
Jeff Metzger's analysis of Supervalu's CEO Craig Herkert's latest moves.
May 23, 2011
Acme Markets Lays Off 900 Store Level Associates
Acme Markets said, as of May 7, it had laid off about 900 of the 14,000 employees at its 117 stores in the Northeast, with about two thirds of those job cuts occurring at stores in Southeastern PA and Southern NJ.
May 23, 2011
Weis Tells Shareholders Of Another Strong Year, Budgets Record $110M For Cap-Ex
Weis Markets announced at its recent shareholders meeting that it will increase is 2011 capital expenditure budget by seven percent to $110 million.
May 23, 2011
Giant/Landover, C&S Settle Jessup, MD Warehouse Contracts
Giant/Landover and C&S/Jessup Logistics agreed to new contracts with Teamsters Local 730 and Local 639 that will keep most of the retailer's dry grocery distribution based in Jessup, MD.
May 23, 2011
