News Archives

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PA House Of Representatives Votes To Privatize Liquor Sales

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.

At A&P, Mays Replaces Burkle; Unions Want Concessions Lifted

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

Delhaize America’s Smith Seeks To Accelerate Food Lion Progress

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

Supervalu-Cerberus Deal Done; 1,100 Jobs Will Be Eliminated

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

Weis Earnings Up 14.5%, Sales Flat In 4th Qtr; Mignola Upped To SVP-Ops

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.

April Seen As Launch Date For Fairway Market’s IPO

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

Perkins Named Acme President; Sweeping Changes At SVU, ABS Announced

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.

Albertsons, Supervalu Name New Leadership Personnel

The new management groups named by Albertsons and Supervalu, set to go into effect once the deal closes in March, feature many Albertsons alumni

Harris Teeter Eyeing Options; Is NC Chain On Sales Block?

Matthews, NC based Harris Teeter Supermarkets may be on the sales block.

Albertsons LLC Reorg: Perkins To Head Acme, Sampson Leaves Landover For Shaw’s/Star

Albertsons LLC announced its new leadership team, which will take place once the transaction with Supervalu to acquire 877 stores is closed in mid-March.