Corporate Governance

Game Over For Rite Aid As PA Drug Merchant Closes All Stores

Long history of Pennsylvania based drug chain comes to an end with…

Food Trade News Team

Amazon’s ‘Hidden Ball Trick’ Penalty To Cost ‘Godzilla” Up To $2.5 Billion

Lina Khan was right. While the former Federal Trade Commission (FTC) chairperson…

  • Lina Khan was right as her suit against Amazon for its questionable ‘Prime’ membership tactics results in $2.5B penalty.
  • Walmart’s McMillon sees AI changing ‘literally every job in the world.’
  • Acosta pries away yet another high-volume CPG account from Advantage – this time it’s Unilever.
  • Bad news just keeps coming UNFI’s way.
  • Tightening economy breathes new life into Hamburger Helper sales.

The Party’s Over For Rite Aid As PA Drug Chain Starts Liquidation

CVS, Walgreens, Kroger, Giant Eagle, Albertsons and Weis Markets have acquired prescription…

Food Trade News Team

PE Firm Sycamore Partners To Buy Walgreens For $10 Billion

The deal represents the culmination of negotiations begun in December.

Food Trade News Team

McMullen Forced Out At Kroger; Morris Named Albertsons CEO

Kroger named Ronald Sargent as its interim CEO to replace McMullen in…

Food Trade News Team

The Disappearances Of Sankaran And McMullen

  No, it’s not a Russian conspiracy theory - although that might…

  • Boom, just like that, the disappearances of Sankaran and McMullen.
  • Ahold Delhaize CEO Muller Bullish about future despite Stoppie’s challenges.
  • Wall Street nitpicking dings Costco’s stock price despite strong Q2 results.
  • Remembering Carol Rabb Goldberg of Stop & Shop.

Amoroso’s Baking Company Names Jesse Amoroso President, CEO

Dan Amoroso Jr. will remain co-chairman and treasurer and Kevin Barr appointed…

Food Trade News Team

Aftermath Of A Failed Deal: Albertsons Begins Layoffs In Boise, At Divisions

Under sworn testimony during a federal trial in Portland, OR in September,…

  • Keeping an eye on Albertsons post-merger as layoffs begin
  • Wegmans will build a new store in Steel City
  • Tops get a new SVP-ops
  • ‘The Ueck’ will be missed

Matt O’Hare Named CEO of JOH; Saidnawey Moves To Executive Chairman

O’Hare will steer the company's overarching direction, spearhead strategic initiatives, and foster…

Food Trade News Team

Elaine Redner Named Chairwoman Of The Board At Redner’s Markets

Ryan Redner and Gary Redner remain CEO and COO respectively for the…

Food Trade News Team
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