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.


A&P Store Auction Underwhelms; Court May Seek New Bidding

The A&P store auction held earlier this month left more than 100 units still unsold.

Acme, S&S, Key, Wakefern Remain Leading Bidders For A&P Stores

As expected, the auction has heated up regarding the sale of A&P stores as the Montvale, NJ chain sells and closes stores under Chapter 11 bankruptcy.

Mars Super Markets Reportedly Seeking Sale Option Once Again

Baltimore-based Mars Super Markets is reportedly exploring options to sell its 13 remaining area supermarkets.

Baldwin Joins BJ’s Wholesale As Chief Operating Officer, President

BJ’s Wholesale Club has named Christopher J. Baldwin as its new chief operating officer and president, reporting to CEO Laura Sen.

A&P Auction Reset For Oct. 1; Judge OKs Retention Program

The deadline for submissions for A&P’s stores has been extended to September 17 with the auction date pushed back to October 1-2.

Rick Anicetti Named President, Chief Executive Of The Fresh Market

The Fresh Market has named former Food Lion CEO as its new president and chief executive officer.

Bankruptcy Judge Urges A&P To Up Employee’s Severance

Prior to the first of several auctions slated for later this month, U.S. Bankruptcy Judge Robert Drained rules on September 1 to allow A&P to restrict seniority bumping rights at 25 stores scheduled to close by mid-October.

Fairway Net, Sales Continue To Plummet; Loss Is $13.9 Billion

Stock in Fairway Group Holdings dipped sharply following the company’s release of quarterly losses and sales declines that were more severe than had been expected.

Creditors, Unions Push Back Against A&P’s Chapter 11 Plan; Auction Set For September

Creditors and labor unions are objecting to A&P’s bankruptcy plan, causing the chain’s chapter 11 plan to hit a bump.

Supervalu Exploring Save-A-Lot Spin Off; Posts Solid Q1 Profits

Supervalu announced July 28 that it is exploring a separation of its Save-A-Lot business.