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.


Breaking News: Angelo, Gordon Sells Kings, Balducci’s To Investment Company; Spires Remains CEO

Kings Food Markets and Balducci’s have been acquired by KB Holdings from Angelo, Gordon & Co.

Prospectus Issued, Price Chopper Reportedly Exploring Sale Option

Schenectady, NY-based Golub Corp., whose 135 supermarkets trade as Price Chopper, is reportedly exploring a sale of its company, several sources have reported. The family-owned retailer, which was founded in 1932, has issued a prospectus and bids have been received …

USDA Tightening Food Stamps Rules; To Begin Online Delivery Pilot Program

The USDA is pushing for stricter SNAP (Supplemental Nutrition Assistance Program) regulations that would force grocery retailers who accept food stamps to stock a broader variety of healthy foods or face the loss of business as consumers shop elsewhere.

Ahold, Delhaize To Sell 86 Stores; Weis, Supervalu, Publix To Gain; Merger On Track For Late July Closing

After announcing on July 12 that the $29 billion merger of Ahold and Delhaize is expected to close at the end of July, both retailers announced the next day that they have sold 86 stores as part of their Federal Trade Commission (FTC) mandated effort to part with overlapping U.S. stores before both companies can complete the larger combining of forces.

Philadelphia Enacts ‘Sugar Tax’ Law Effective January 1

Philadelphia became the first major U.S. city to enact a tax on sugar sweetened and diet beverages.

ShopRite Grows Lead; A&P Exit Bolsters S&S, Acme, Key Food

The results of the 2016 Food Trade News market study.

Online Grocers Relay Foods, Door To Door Organics Agree To Merge

Online grocers Relay Foods and Door to Door Organics have entered into a definitive agreement to merge.

Giant Still Slipping But Retains Lead Over Wal-Mart In $46.5B Market

The summary of Food World’s 2016 retail market study.

Breaking News: Mars To Shutter Operations, Weis To Buy Five Baltimore Locations

Mars Super Markets will be closing its doors on July 31, 2016. Weis Markets will acquire five locations.

Wal-Mart Must Pay $187 Million In ‘Off The Clock’ Class Action Suit

The U.S. Supreme Court refused to hear Wal-Mart’s appeal the $187 million class action judgment against it, meaning it must pay the Philadelphia County Court of Common Pleas’ judgment against Wal-Mart, finding that there was sufficient evidence to conclude that Wal-Mart breached its contract with its workers and violated state wage laws.