News Archives

On January 11, Supervalu, Inc. posted a third quarter net loss of $750 million on total net sales of $8.3 billion and saw identical store sales plummeted to 2.9 percent

Lauer’s Supermarkets founder Ed Lauer passed away January 2 after a long battle against Parkinsons disease.

UFCW Local 400 president Tom McNutt discusses the organization’s upcoming negotiations with Giant and Safeway for new labor contracts.

In a long-expected announcement, Safeway Inc. said it intends to exit the Philadelphia market where it operates 27 Genuardi’s stores. The Giant/Carlisle division of Ahold USA has agreed to purchase 16 of those stores (all in Pennsylvania) for $106 million.

Food World’s 2011 study of Mid-Atlantic wholesalers.

Delhaize announced plans for 450 new stores in the next five years, including hundreds of Bottom Dollar Food units in the U.S.

Ahold USA announced that Ron Onorato, formerly Stop & Shop NY president will move into a new role as SVP-operational initiatives for Ahold USA while Don Sussman will take over at Stop & Shop.

Wakefern Food Corp. held its annual meeting late last month and it was clearly one of the most pivotal gatherings in the company’s 65 year history, with record retail and wholesale volumes and the offical retirement of president Dean Janeway.

Maryland State Senator Ulysses Currie, retired Shoppers president Bill White and former Shoppers VP Kevin Small were all found not guilty November 8 of federal extortion and bribery.

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.