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.


Supervalu To Lay Off 40 At Shoppers; Merchandising Will Shift To Cub Foods

Two months after Supervalu announced it would close or sell its Farm Fresh corporate store retail unit, the company said it would shift merchandising and administrative responsibility for its Retail-East operation (51 Shoppers Food & Pharmacy supermarkets in Baltimore-Washington and 22 former Food Lions that trade as Shop ‘n Save stores in Western Maryland, Central Pennsylvania and West Virginia) into its Retail-West division (Cub Foods and Hornbacher’s) based in Stillwater, MN, which also serves as Cub’s headquarters.

Giant, Walmart, CVS Pace All Retailers In $48 Billion Market

Permanent gridlock? Perhaps in a few more years the competitive pressure of the Mid-Atlantic market will abate a bit, but the landscape that food and drug retailers now face seems to be locked in for the foreseeable future.

Kroger/Harris Teeter, Food Lion Close On 21 Farm Fresh Stores

With the exception of three Hampton Roads locations, Farm Fresh has officially exited the Tidewater market.

Supervalu To Lay Off 40 Shoppers’ Associates; Merchandising To Shift To Cub Foods

Two months after Supervalu announced it would close or sell its Farm Fresh corporate store retail unit, the company said it would shift merchandising and administrative responsibility for its Retail-East operation (51 Shoppers Food & Pharmacy supermarkets in Baltimore-Washington and 22 former Food Lions which trade as Shop ‘n Save stores in Western Maryland, Central Pennsylvania and West Virginia) into its Retail-West division (Cub Foods and Hornbacher’s) based in Stillwater, MN, which also serves as Cub’s headquarters.

Lidl U.S. Names Johannes Fieber New President, Chief Executive

After a disappointing opening 11 months, Lidl U.S. has replaced its top executive, effective June 15.

Walmart Will Spend $169M To Remodel 40 Units In NJ, NY, PA

In its smallest new store expansion effort since the 1970s, Walmart, which will open fewer than 25 new stores nationally (a mix of Neighborhood Markets and SuperCenters including one in Mount Laurel, NJ in the next two months), will invest $169 million to refurbish 40 existing units in New Jersey, New York and Pennsylvania over the next 12 months as part of the retailer’s $11 billion capital budget for fiscal 2019.

Changing Of The Guard At Ahold Delhaize: Muller To Succeed Boer As CEO On July 1

Ahold Delhaize announced earlier this month that Dick Boer will step down as CEO as of July 1, 2018 and retire from the company. Deputy chief executive Frans Muller has been appointed to replace Boer as the chief executive officer when Boer retires.

Muller Will Replace Boer As Ahold Delhaize CEO On July 1

Ahold Delhaize announced earlier this month that Dick Boer will step down as CEO as of July 1, 2018 and retire from the company. Deputy chief executive Frans Muller has been appointed to replace Boer as the chief executive officer when Boer retires.

Supervalu Pulls The Plug On Farm Fresh; Kroger/Harris Teeter, Food Lion Buy 21

Supervalu announced last month that it has entered into three separate definitive agreements to sell 21 of its 38 Farm Fresh Food & Pharmacy stores for approximately $43 million in cash to two different retailers that operate three different banners: Kroger/Harris Teeter and Food Lion.

Donald Named President, Chief Operating Officer At Albertsons

Thirteen days after Albertsons Cos. announced that it planned to acquire approximately 2,500 Rite Aid drug stores in a cash-and stock deal, the Boise, ID-based grocery retailer said that it has hired industry veteran Jim Donald to serve as president and COO of the supermarket chain.