News Archives

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

Results Support Wal-Mart’s Gain; Comp Sales, Traffic Counts Grow

Slowly, but steadily, Wal-Mart’s U.S. stores continue to improve their performance as customers have responded favorably to the changes the retailer is making.

Ahold Delhaize Start Creates ‘Good Momentum;’ ID Sales Up

After more than a year of waiting for its merger agreement to be finalized, the Ahold Delhaize marriage is off to a good start, according to CEO Dick Boer.

German Discount Grocers Poised For Greater Mid-Atlantic Growth

Two German discount retailers – Aldi and Lidl – have announced aggressive strategic moves designed to expand their businesses in the Mid-Atlantic.

Valenzuela Tapped As New Head Of Safeway’s Eastern Divison

Safeway’s Eastern Division has again made a change at the top with Dan Valenzuela being named president, replacing Steve Burnham who has left the company.

Dan Valenzuela Named New Safeway Eastern Division President

Dan Valenzuela has been named the new president of the Eastern division with responsibility for the company’s more than 120 stores in Maryland, Virginia, Delaware and Washington, DC. He replaces Steve Burnham who has left the company. Valenzuela most recently …

Angelo, Gordon Sells Balducci’s, Kings To Qatari Investment Firm

Kings Food Markets and Balducci’s have been bought by Delaware based K.B. Holdings, a subsidiary of Quatari Investment firm GSSG Capital.

Controversial GMO Labeling Bill Finally Becomes Federal Law

President Barack Obama late last month signed into law a bill requiring the labeling of foods with genetically modified organism (GMO) ingredients. The mandatory federal GMO labeling law will supersede all state precedents and put an end to a fight …

Publix Likely To Make Richmond Debut In 2017 After Remodelings

The 10 Richmond area Martin’s stores that Publix acquired in the Ahold Delhaize store sale are not expected to re-open until 2017.

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 …