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.


Philly OKs Ban On Cashless Stores; Some See Statute As Anti-Amazon

The city of Philadelphia has enacted an ordinance that would ban cashless stores.

Rite Aid Purge: Standley To Exit, Drug Chain To Cut 400 Top Jobs

On March 12, when Rite Aid Corp.’s board of directors ousted CEO John Stanley. Also departing from the Camp Hill, PA drug chain will be chief operating officer Kermit Crawford, CFO Darren Karst and Derek Griffith, executive VP-store operations.

Dollar Tree To Shutter 390 Family Dollar Units, Rebrand 200 Others

Dollar Tree plans to shutter 390 of its Family Dollar Stores and rebrand 200 others to its core Dollar Tree brand.

Giant Food Bullish About 2019 Sales, Expansion Opportunities

Giant Food hosted a vendor meeting at its Landover, MD headquarters.

Giant/Martin’s Gets FTC Nod To Buy 5 Shop ‘n Save Stores

Giant Food Stores/Martin’s has been granted FTC approval to complete the acquisition of five corporately-owned Shop ‘n Save stores from Supervalu.

Pathmark Banner To Return As Allegiance/PSK To Open In Brooklyn

The Pathmark banner is set to return to NYC as Allegiance Retail Services and PSK debut in Brooklyn this spring.

Key Food Volume Keeps Rising; Co-Op Unveils Bold Growth Plan

A full recap of the Key Food 2019 vendor summit held earlier this month in Staten Island.

UNFI Sues Goldman Sachs For Breaching Pledges In SVU Deal

UNFI earlier this month filed suit against Goldman Sachs alleging the investor improperly advised the distributor in its $2.9 billion acquisition of Supervalu.

Strong Sales, E-Commerce Gains Fuel Ahold Delhaize

Ahold Delhaize continued it recent growth with strong sales in its fourth quarter 2018.

Amazon-Owned Whole Foods Set To Scrap ‘365’ Division

Whole Foods plans to scrap its 365 By Whole Foods store format, less than two years after launching the concept, which offered lower prices and a more local flavor than the company’s traditional WFM units.