Wendell Young III, longtime leader of UFCW Local 1776, died this month at age 74.
Delhaize America announced a new round of management changes, reflecting about a 25 percent reduction at officer level.
Cerberus will acquire Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores from Supervalu in a $3.3 billion deal.
Magruder’s has sold its store at Chevy Chase Circle in DC and is in negotiations to sell its remaining four units.
Ahold USA and its Giant/Landover unit have announced key changes to their merchandising departments.
Supervalu announced a definitive agreement to sell its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Markets stores and Osco and Save-On in-store pharmacies to a division of Cerberus Capital in a transaction valued at $3.3 billion. Look for complete analysis of the deal in the January issue of Food Trade News, publishing the 18th.
Steve Burd will retire as Safeway CEO in May.
Despite some recent setbacks, the Cerberus-Supervalu potential marriage is still on, Wall Street sources have told Food Trade News.
The 2012 Food World Wholesaler Study.
Beth Newlands Campbell has been named president of Food Lion, replacing Cathy Green Burns.