This archive contains all news stories posted to best-met.com. Complete print editions of Food World and Food Trade News are also available.
News Archives
Longtime UFCW Local 1776 Leader Wendell Young III Dies
Wendell Young III, longtime leader of UFCW Local 1776, died this month at age 74.
Major Executive Shake-Up At Struggling Delhaize America
Delhaize America announced a new round of management changes, reflecting about a 25 percent reduction at officer level.
Done Deal: Cerberus Agrees To Buy SVU In Two-Part Purchase
Cerberus will acquire Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores from Supervalu in a $3.3 billion deal.
End Of An Era: Magruder’s Looks To Sell
Magruder’s has sold its store at Chevy Chase Circle in DC and is in negotiations to sell its remaining four units.
Ruane, Wilkinson Elevated At Ahold USA, Giant/Landover
Ahold USA and its Giant/Landover unit have announced key changes to their merchandising departments.
Cerberus Will Acquire Albertsons, Acme, Jewel-Osco, Shaw’s, Star Market From Supervalu
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.
After 20 Years, Steve Burd To Retire As Safeway CEO In May
Steve Burd will retire as Safeway CEO in May.
Cerberus Seen As Acquiring Stake In SVU; Albertsons Banner May Be Part Of LLC
Despite some recent setbacks, the Cerberus-Supervalu potential marriage is still on, Wall Street sources have told Food Trade News.
Wakefern, C&S, Supervalu, McLane, AWI Pace Mid-Atlantic Wholesalers
The 2012 Food World Wholesaler Study.
Newlands Campbell, Wise Spearhead Changes At Delhaize America
Beth Newlands Campbell has been named president of Food Lion, replacing Cathy Green Burns.
