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.


Angelo, Gordon Sells Balducci’s, Kings To Qatari Investment Firm

Kings Food Markets and Balducci’s have been bought by Delaware based K.B. Holdings, a subsidiary of Quatari Investment firm GSSG Capital.

Controversial GMO Labeling Bill Finally Becomes Federal Law

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 …

Publix Likely To Make Richmond Debut In 2017 After Remodelings

The 10 Richmond area Martin’s stores that Publix acquired in the Ahold Delhaize store sale are not expected to re-open until 2017.

Breaking News: Angelo, Gordon Sells Kings, Balducci’s To Investment Company; Spires Remains CEO

Kings Food Markets and Balducci’s have been acquired by KB Holdings from Angelo, Gordon & Co.

Prospectus Issued, Price Chopper Reportedly Exploring Sale Option

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 …

USDA Tightening Food Stamps Rules; To Begin Online Delivery Pilot Program

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 Enacts ‘Sugar Tax’ Law Effective January 1

Philadelphia became the first major U.S. city to enact a tax on sugar sweetened and diet beverages.

ShopRite Grows Lead; A&P Exit Bolsters S&S, Acme, Key Food

The results of the 2016 Food Trade News market study.

Online Grocers Relay Foods, Door To Door Organics Agree To Merge

Online grocers Relay Foods and Door to Door Organics have entered into a definitive agreement to merge.