News Archives

Wakerfern recently made the largest donation ever to the Academy of Food Marketing at Saint Joseph’s University.

Ahold chief executive Dick Boer told shareholders at the international retailer’s annual meeting that the company delivered another good year of financial performance, despite challenging market conditions and continued low consumer confidence.

At its annual meeting, Weis Markets executives disclosed the retailer’s cap-ex plans for 2013, which include $135 million to be spent on 37 store projects.

The Pennsylvania House last month passed a measure backed by Governor Tom Corbett that would, if passed by the Senate, privatize the current state-run liquor control system.

Greg Mays has taken over for Ron Burkle as chairman of A&P.

Delhaize America will accelerate the transformation of Food Lion and optimize its Bottom Dollar Foods unit, said new CEO Roland Smith.

Supervalu has officially completed the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Markets stores to AB Acquisition LLC.

Weis reported increased fourth quarter and year end net income, however saw overall revenue and comp store sales decrease for both the fourth period and full fiscal year.

Fairway Market is expected to launch its long awaited IPO next month, according to published reports.

Acme Markets will get a new division president when Jim Perkins takes the helm after the Supervalu-Cerberus deal is closed, probably on March 21.