Dan Valenzuela has been named the new president of the Eastern division with responsibility for the company’s more than 120 stores in Maryland, Virginia, Delaware and Washington, DC. He replaces Steve Burnham who has left the company. Valenzuela most recently …
Kings Food Markets and Balducci’s have been bought by Delaware based K.B. Holdings, a subsidiary of Quatari Investment firm GSSG Capital.
President Barack Obama late last month signed into law a bill requiring the labeling of foods with genetically modified organism (GMO) ingredients. The mandatory federal GMO labeling law will supersede all state precedents and put an end to a fight …
The 10 Richmond area Martin’s stores that Publix acquired in the Ahold Delhaize store sale are not expected to re-open until 2017.
Kings Food Markets and Balducci’s have been acquired by KB Holdings from Angelo, Gordon & Co.
Schenectady, NY-based Golub Corp., whose 135 supermarkets trade as Price Chopper, is reportedly exploring a sale of its company, several sources have reported. The family-owned retailer, which was founded in 1932, has issued a prospectus and bids have been received …
The USDA is pushing for stricter SNAP (Supplemental Nutrition Assistance Program) regulations that would force grocery retailers who accept food stamps to stock a broader variety of healthy foods or face the loss of business as consumers shop elsewhere.
Ahold, Delhaize To Sell 86 Stores; Weis, Supervalu, Publix To Gain; Merger On Track For Late July Closing
After announcing on July 12 that the $29 billion merger of Ahold and Delhaize is expected to close at the end of July, both retailers announced the next day that they have sold 86 stores as part of their Federal Trade Commission (FTC) mandated effort to part with overlapping U.S. stores before both companies can complete the larger combining of forces.
Philadelphia became the first major U.S. city to enact a tax on sugar sweetened and diet beverages.
The results of the 2016 Food Trade News market study.