Safeway’s shareholders approved a deal for the company to be sold to Cerberus Capital Management.
Food Trade News has learned that AWI may be considering selling the entire company, rather than just the White Rose division.
Two Virginia-based independent retailers that have been in business for a combined 125 years have closed their doors in the past month: Virginia Beach-based Camellia Foods and Farmer’s Foods, based in Hopewell.
The Kroger Company continues to be the hottest supermarket operator in the country. Last month, the Cincinnati-based chain posted another strong earnings report, the first to include its acquisition of Harris Teeter.
Bhavdeep Singh and Mark McGowan will be taking on new roles at Ahold USA.
Associated Wholesalers Inc. announced that it will put its White Rose division up for sale; additionally long-time CEO Christopher Michael has retired.
ShopRite was the leading retailer in the market study for 2014 of the $93.1 billion spent on groceries in the Food Trade News marketing area.
Giant and Wal-Mart retained the top spots in Food World’s 2014 market study.
AWI announced June 13 that Christopher Michael has retired as president and CEO and it will be seeking a buyer for its White Rose division.
Robin Michel has been removed from the top post at Natural Markets Food Group.