News Archives

This archive contains all news stories posted to Complete print editions of Food World and Food Trade News are also available.

End Near For A&P; Once Great Chain Files Chapter 11 Again

For the second time in five years, A&P has filed for Chapter 11 Bankruptcy and has sold 120 of its stores to three parties – Acme, Stop & Shop and Key Food stores – and will shutter an additional 35 units.

Weis Promises To Continue Sales Driven Approach

Pledging to maintain its strategy of driving sales first, Weis Markets COO Kurt Schertle told more than 300 vendors that the Sunbury, PA based regional chain will continue to invest in its stores and seek further supply chain efficiencies. Schertle made his remarks at a vendor meeting at Susquehanna University prior to Weis’ annual charity golf outing on July 14.

Acme, Stop & Shop, Key Food Are Early Winners In A&P Bankruptcy, Sell Off

For the second time in five years, A&P has filed for Chapter 11 bankruptcy protection. After filing early Sunday July 19, the company announced plans to sell 120 stores and shutter 25 others.

Six Months After Safeway Buy, Albertsons Launches IPO Effort

On July 8, Albertsons Companies filed a registration statement with the SEC for a proposed initial public offering of share of its common stock.

Ahold, Delhaize Agree To Merge In $25B Deal; Boer To Remain CEO

The culmination of 43 days of negotiations ended on June 24 when international supermarket retailers Delhaize and Ahold agree to merge in a $29 billion deal.

ShopRite Unstoppable; Ups Share Against S&S, A&P In $95.3B Market

The Food Trade News 2015 market study shows that StopRite remains the leading operator in the marketing area.

Giant Slipping But Retains Lead Over Wal-Mart In $45.4B Market

The Food World market study.

Ahold, Delhaize Agree To Merger

International supermarket retailers Ahold and Delhaize announced that they have agreed to combine their businesses as Ahold Delhaize in a merger valued at $29 billion.

Wegmans To Open First Metro New York Store in Brooklyn

Wegmans will open its first Metro New York unit at the Brooklyn Navy Yard in 2017.

Weis Sets Cap-Ex At $92 Million; Vows To Keep ‘Lower Price’ Plan

Weis Markets chairman Jonathan Weis announced his company’s plans to invest $92 million in the growth and upgrade of its store base.