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.


Breaking News: Mars To Shutter Operations, Weis To Buy Five Baltimore Locations

Mars Super Markets will be closing its doors on July 31, 2016. Weis Markets will acquire five locations.

Wal-Mart Must Pay $187 Million In ‘Off The Clock’ Class Action Suit

The U.S. Supreme Court refused to hear Wal-Mart’s appeal the $187 million class action judgment against it, meaning it must pay the Philadelphia County Court of Common Pleas’ judgment against Wal-Mart, finding that there was sufficient evidence to conclude that Wal-Mart breached its contract with its workers and violated state wage laws.

Strong FY 2015 Motivates Weis Markets To Remain Focused On Driving Revenue

Weis Markets held its 2016 vendor meeting April 12 at the BWI Marriott in Linthicum Heights, MD. Food World reports on what the vendors heard from the company’s executives.

Federal Agency Guarantees A&P Employees’ Retirement Payouts

More than 21,000 former A&P employees will receive retirement payments thanks to the Pension Benefit Guaranty Corporation (PBGC), the federal agency created to protect workers by assuming pension benefits from private sector employers who are unable to further fund existing pension/retirement plans.

Ahold, Delhaize Set To Sell More Than 80 Stores; Holders OK Deal

Shareholders of Ahold and Delhaize officially approved the merger of the two large European grocery chains setting the stage for a mid-year closing of the deal which was first announced on June 24, 2015. Additionally, at its U.S, holdings, both chains are reportedly offering a combined 84 stores for sale in the Baltimore-Washington, Eastern Shore, Richmond (Central Virginia), Southern Pennsylvania, West Virginia, Lower Hudson Valley and Greater Boston markets.

PE Firm Apollo Agrees To Buy The Fresh Market For $1.36B

  The Fresh Market, Inc., the struggling, upscale specialty retailer, has found a buyer. After speculation about a company sale increased late last year and ramped up about a month ago after reports surfaced that it was listening to offers …

Ahold Delhaize Holders Approve Merger; 83 U.S. Supermarkets Reportedly For Sale

Ahold and Delhaize shareholders gave final approval for the officially approved the merger of the two large European grocery chains setting the stage for a mid-year closing of the deal . And, at its U.S. holdings,both chains are reportedly offering a combined 83 stores for sale in the Baltimore-Washington, Eastern Shore, Richmond (Central Virginia), Southern Pennsylvania, West Virginia, Lower Hudson Valley and Greater Boston markets.

BREAKING NEWS: UNFI to acquire Haddon House for $217.5 Million

Medford NJ-based Haddon House to be acquired by UNFI.

Wal-Mart Reneges On Promise To Open Two Washington, DC Stores

When Wal-Mart announced on January 15 that it will close 269 stores, including 154 U.S. units, it didn’t mention that it would also discontinue its plans to build two new Wal-Mart stores in Washington, DC.

Course Reversal: Safeway Will Operate Maryland Warehouse

Safeway and the Teamsters Locals 730 and 639 reached an agreement late last month to keep the retailer’s Upper Marlboro, MD depot open, reversing a decision made last October to close that facility (along with a smaller non-foods warehouse in nearby Landover, MD) and outsource the supply to three C&S Wholesale Grocer distribution centers.