News Archives

This archive contains all news stories posted to best-met.com. Complete print editions of Food World and Food Trade News are also available.


C&S Agrees To Buy AWI’s Assets For At Least $132 Million; Chapter 11 Filed

AWI announced September 9 that it has entered into an asset purchase agreement with C&S in which C&S will purchase substantially all of AWI’s assets and will serve as a “stalking horse bidder” in a court approved auction process.

With ‘Artie T.’ Back, Market Basket Business Booming

The 10-week standoff at Market Basket officially ended August 28 when Arthur T. Demoulas’ group announced it had acquired the 50.5 percent stake from the Arthur S. Demoulas faction.

Ahold USA Identical Sales, Profit Decline In Second Quarter

Ahold continued its disappointing financial trend in the U.S., posting declining sales, operating income and margins for its fiscal second quarter ended July 13.

Breaking News: As Stalking Horse, C&S Agrees To AWI Asset Purchase; Chapter 11 Filed

A deal was reached September 9 for C&S has entered into an asset purchase agreement with C&S Wholesale Grocers pursuant to which C&S will acquire substantially all of AWI’s assets, including its White Rose distribution business and three distribution centers that are operated by AWI and White Rose.

Update: AWI Says It Is Evaluating Offers

Associated Wholesalers Inc. (AWI), the Robesonia, PA based wholesale co-op, announced on August 22 that, in conjunction with its sale process, it has received and is evaluating offers from potential buyers to acquire the assets of AWI and White Rose. …

Despite ‘Artie T’ Offer, Market Basket Remains At Standstill

Tewksbury, MA based Market Basket continues to see a standoff between the two factions of the Demoulas family, those siding with Arthur T. Demoulas, the recently ousted CEO, and those siding with Arthur S. Demoulas.

Delhaize America Reportedly Mulling Sale Of Bottom Dollar

Sources have told Food Trade News that Delhaize America is considering the sale of its 66 Bottom Dollar Foods stores located in Pennsylvania, Southern New Jersey and Northeast Ohio.

AWI Reportedly Open To Selling Entire Wholesale Enterprise

Sources have told us that AWI is seeking a buyer for its entire wholesale enterprise, not just for its White Rose division.

Safeway Gains Shareholder Approval For Cerberus Deal

Safeway’s shareholders approved a deal for the company to be sold to Cerberus Capital Management.

AWI Reportedly Open To Selling Entire Wholesale Enterprise

Food Trade News has learned that AWI may be considering selling the entire company, rather than just the White Rose division.