News Archives

This archive contains all news stories posted to Complete print editions of Food World and Food Trade News are also available.

Weis Earnings Jump 15.2 Percent; Positive Comps Streak Continues

Continuing its strong overall performance which began in 2014, Weis Markets posted solid earnings and revenue gains in its second quarter ended July 1. In the 13-week period, Weis’ operating income increased 15.2 percent to $27.7 million compared to $24.1 …

Ahold USA Names More Merch Execs

Ahold USA has named the next group of merchandising executives who will support the company’s three divisions (brands).

Weis Adds Bonacci, Banks-Ficcio To Fill Key Leadership Positions

Weis Markets adds Donna Banks-Ficcio and Ron Bonacci to its executive team.

Kroger To Pull Plug On Three Planned New Virginia Stores

Kroger announced that it has scrapped plans to build three new stores in Virginia.

Walgreens Ends 21-Month Quest To Acquire Rite Aid Corporation

Walgreens has ended its two-year quest to take over rival drug chain Rite Aid Stores, saying it would change its focus to acquiring about half of the Camp Hill, PA based retailer’s locations in a new $5.175 billion deal.

Bertram To Head Giant/Martin’s; Perkins Back At Helm Of Acme

Two of Pennsylvania’s largest chains – Giant/Martin’s and Acme Markets – announced leadership changes at the tops of their organizations.

Despite Overstoring, Deflation, ShopRite Still Rules $98B Market

The results of the 2017 Food Trade News market study.

Lidl Makes Long-Awaited U.S. Debut With 10 VA, NC, SC Units

The hype is over and the hoopla began on June 15 when Lidl opened the first 10 of what is expected to be more than 100 stores in the Mid-Atlantic and Southeast during the next six months. The initial group …

Wal-Mart Pushes Giant For Lead In Ferocious $47 Billion Mid-Atlantic Market

The results of the 2017 Food World market study.

David Siegel Named New CEO At America’s Food Basket Co-Op

David Siegel is the new CEO at America’s Food Basket.