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.


Another Record Performance By Kroger As Earnings Increase 21%

Kroger posted its 44th consecutive quarter of positive identical store revenue.

FTC On Verge Of Approving Sale Of Safeway Stores To Albertsons

The Albertsons’ (AB Acquisition LLC, a unit of Cerberus Capital Management) purchase of Safeway is imminent and final Federal Trade Commission (FTC) approval is expected to be granted by year’s end, according to several sources.

Aldi To Acquire Bottom Dollar Foods From Delhaize America For $15 Million

Aldi will acquire the retail estate and certain assets of 70-store Bottom Dollar Foods.

Ham Replaces Newlands Campbell As Food Lion President

Meg Ham has replaced Beth Newlands Campbell as president of the Food Lion division of Delhaize America.

C&S Gains Control of AWI Assets As Marathon Bidding Ups Price To $288M

C&S Wholesale Grocers emerged the winner in the contest to acquire bankrupt wholesaler AWI.

Update: Court Approves C&S Bid For AWI, Closing Expected In Early November

The C&S bid to acquire AWI was approved in bankruptcy court in Wilmington, DE on October 29. Closing is expected in early November.

Breaking News: C&S Reportedly Wins AWI Auction

Sources tell Food World and Food Trade News that C&S was the winner in last week’s auction for the assets of AWI and White Rose.

Perkins To Remain Acme President As Albertsons Unveils New Team

Acme president Jim Perkins will remain the leader of the 100 store Malvern, PA based chain as the new leadership team at Albertsons has been named.

AWI Auction Set For October 24; C&S Break-Up Fee Reduced

The auction to acquire AWI and sister company White Rose will take place on October 24 followed by a sale hearing on October 29 at which the winning bidder will likely be announced.

UFCW Local 400 Ratifies 4-Year Pact At 23 R-N Kroger Supers

Members of UFCW Local 400 voted to ratify a new, four-years collective bargaining agreement with Kroger covering 3,500 employees in the Richmond and Tidewater areas.