Sam Colalillo To Join ShopRite Of Hunterdon County
ShopRite of Hunterdon County, the family-owned company that operates five ShopRite stores in New Jersey and Pennsylvania, recently announced that Sam Colalillo has joined their business. A third-generation grocer, Sam will work with his father and president of ShopRite of Hunterdon County, Joe Colalillo, and the retail teams at the…
October 20, 2023
As He Changes Roles At Allegiance, Derderian Reflects On Company Growth, Impact Of Retail Theft
Food Trade News recently asked Allegiance Retail Services' John Derderian about the co-op's recent New York City growth and how retail theft has impacted independent retailers in the Big Apple.
October 20, 2023
Marianne Santo, Longtime Wakefern Produce Executive, Dies At 61
The 38-year Wakefern produce executive was affectionately known as "the Watermelon Queen" for her skillful management of that category.
October 20, 2023
Despite Challenges, Weis Bullish On Sales Growth, Digital Process
Another year of strong sales and earnings and a commitment to continued growth highlighted Weis Markets’ annual vendor meeting which was held on October 10 at the Hershey (PA) Lodge. More than 700 suppliers, brokers and distributors attended the morning-long conference, a record. Kicking off the meeting was Jonathan Weis,…
October 18, 2023
It’s Official: FTC Sues Amazon Over Anticompetitive Practices
In a long anticipated action, The Federal Trade Commission (FTC) and 17 state attorneys general sued Amazon.com Inc. late last month, alleging that the online retail and technology company is a monopolist that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power. The FTC…
October 17, 2023
Legislative Line
Legislative Line
Credit Card Swipe Fees Back in the News
October 9, 2023
After Quiet Acquisition Period, Manufacturers Getting Back Into Buying Game
Taking Stock
Campell's/Sovos and Smucker's/Hostess tie-ups show a resurging appetite for big-ticket acquisitions.
September 21, 2023
Report: Rite Aid Contemplating Chapter 11 To Shrink $3.3B Debt
The troubled drug chain's filing, expected in the coming weeks, comes as it faces more than 1,000 lawsuits related to its prescription of opioids.
September 21, 2023
Redner’s Markets Welcomes Golfers To 2023 GWR Memorial Golf Outing
September 13, 2023
C&S Will Acquire 413 Kroger, Albertsons Stores In $1.9B Deal; Spinco Disbanded
The Kroger Co. and Albertsons Companies Inc. announced on September 8 that they have entered a definitive agreement for $1.9 billion with C&S Wholesale Grocers, LLC for the sale of 413 stores, multiple banners, eight distribution centers, two regional offices and five private label brands across 17 states and the…
September 8, 2023
Giant Eagle Names Bill Artman Chief Executive Officer
Giant Eagle recently announced that Bill Artman has been appointed chief executive officer after having been named interim CEO in March. During his nearly 40-year tenure with the company, Artman has served in various executive leadership roles, including president of supermarkets, executive vice president and senior vice president retail operations.…
September 1, 2023
After SEG Deal, Aldi Poised To Operate 2,800 Stores Nationally
Taking Stock
So, Southeastern Grocers Inc. (SEG) finally found a buyer after years of searching by its private equity owners to escape from a challenging investment originally made in 2005, an even longer period of time than Cerberus’ control of Albertsons. Currently, Southeastern Grocers is controlled by four private equity firms –…
August 29, 2023
Metro Beat
Metro Beat
I hope this finds everyone enjoying the end of the summer and the beautiful weather and heat we have been experiencing so far in the Northeast. Between all of the industry golf outings, dinners and trade shows there certainly has been ample time to get out and enjoy the season…
August 29, 2023
Soup To Nutz
Soup to Nutz
We are in the thick of the 2023 golf season with many more outings to come in the next two months. It’s an exhausting schedule (wink), but the proceeds from each outing go to charitable causes. The New Jersey Food Council’s outing on June 24 raised money for scholarships (not…
August 29, 2023
Ahold Delhaize, Weis Markets Post Solid Comps, Flat Operating Profits
Two of the Mid-Atlantic region’s largest retailers – Ahold Delhaize and Weis Markets - posted healthy comparable stores sales in their most recent operating periods. As we’ve witnessed with many other national and regional chains over the past six weeks, comp store revenue remains solid (although not typically as strong…
August 17, 2023
Aldi To Acquire 400 Winn-Dixie Stores From Southeastern Grocers
The deal also includes sales of 28 Fresco y Mas ethnic units to spin-off investment group.
August 16, 2023
Amazon Remains Target Zero For Lina Khan And Her FTC Supplicants
Taking Stock
Khan accuses Amazon of inducing consumers to sign up for its paid Prime subscription service and then impeding them if they wanted to cancel.
August 14, 2023
Legislative Line
Legislative Line
Enhancing Competition And Protecting Consumers
August 14, 2023
C&S Names Eric Winn To Replace Retiring Bob Palmer As Chief Exec
Move Becomes Effective Oct. 2, Palmer To Join Board
August 14, 2023
Derderian To Step Down As President Of Allegiance; Fantozzi Will Assume Role On Interim Basis
Fantozzi, Allegiance's current VP-chief financial officer, will take over on October 1.
August 10, 2023
Metro Beat
Metro Beat
Weinmann named Pres at RDD/ Fancy Food Show a Big Success
July 25, 2023
Soup To Nutz
Soup to Nutz
Summer Fancy Food Show takeaways and TGC begins celebrating its 100th birthday celebration.
July 25, 2023
Amazon Sets Prime Day Record As Legal Challenges Accelerate
U.S. consumers spent $12.7 billion over the two-day period, a 6.1 percent increase over last year’s take.
July 25, 2023
No More Interim Title, ADUSA Ups Ruane To President Of TGC
Ruane had served as interim president of the 193-store ADUSA brand since August 2022, following the resignation of former president Nicholas Bertram.
July 20, 2023
The Giant Company Recognizes 21 Team Members For Outstanding Commitment To The Company
The Giant Company recently launched the countdown to its 100th anniversary, bringing together nearly 2,000 team members to celebrate the company’s legacy and growth during a business meeting at The Giant Center in Hershey, PA While there, 21 team members were recognized for their outstanding commitments to the company and…
July 15, 2023
New Manufacturing Plant, Strong Management Team Buoys G&S Foods
In 2018, a new company with a lineage of success entered the snack food industry – MAW Acquisitions was created to purchase G&S Foods, an Abbottstown, PA contract manufacturer that was founded in 1996 by entrepreneurs Steve Garvick and Dale Spahr.
July 14, 2023
Terri’s Take
Terri's Take
Giant Food and Ben’s Chili Bowl announce at BBQ Battle that shoppers can now buy Ben’s Chili Bowl half smokes and chili in Giant stores.
July 13, 2023
Brendan Foley To Become CEO Of McCormick On September 1
Lawrence Kurzius To Remain Executive Chairman
July 13, 2023
CVS, Walgreens, Rite Aid Still Closing Stores As Earnings Dip
Store Overlap A Factor In Cost-Cutting Decisions
July 13, 2023
ShopRite Widens Lead Over Stoppie; Inflation Offers Cushion To All Retailers
Costco, BJ’s, Walmart, Wawa Grow Share In $118.4B Region
June 29, 2023
Former Acme Markets, Shaw’s President Jablonski Dead At 72
Trenton Native Rose From Bagger To Become Chain’s Leader
June 28, 2023
Inflation Helps Retailers Post Strong Comps; Many Fear That Darker Days Are Looming
Taking Stock
in the three months since our annual measuring period concluded (March 31) for our yearly market studies, sales have consistently weakened, and most retailers worry that the worst is yet to come.
June 20, 2023
Near Record Inflation Boosts Revenues To All-Time Highs
Giant, WM, CVS, Food Lion, Albertsons Remain Leaders; Wawa, Costco, BJ’s Make Strides
June 19, 2023
Dick Bestany, Co-Founder of Food World, Food Trade News, Passes Away At Age 83
Bestany led the trade papers from 1978 to 2007, a time of remarkable change in the food industry.
May 25, 2023
Jim Perkins Shift Could Be One Of Several Moves Albertsons Makes To Prepare For Potential Merger
Taking Stock
Coupled with his strong people skills and his proven ability to serve as an Albertsons ambassador (he’s moved more than 30 times in his career), Perkins will handle this new role with the professionalism and aplomb that have become his trademarks.
May 17, 2023
Perkins To Head SpinCo, Lofland Named Albertsons Mid-Atlantic President
Perkins is relocating to corporate HQ in Boise, effective May 22, to oversee the chain's proposed SpinCo unit as part of its planning process for its anticipated merger with Kroger.
May 17, 2023
As Berks Packing Co. Celebrates Its 90th, Family Values Remain Key To Success
What started as a small, local meat processor by Charles A. Boylan in 1933 has developed into a growing enterprise that services retail, foodservice and convenience store customers primarily in the Mid-Atlantic region.
May 12, 2023
Amazon Rebounds With Strong Q2; Jassy Still Bullish On Food Potential
Amazon’s sales and earnings both rebounded during its recently completed first quarter which ended on March 31. The Seattle-based company posted an overall sales increase of 9 percent to $127.4 billion compared to Q1 in 2022. Net operating income also improved, jumping to $3.2 billion for the 13-week period versus…
May 9, 2023
Weis Pledges Record $160M Cap-Ex Budget Including Five New Stores
Inflation Strain Remains A Concern
May 8, 2023
Metro Beat
Metro Beat
NGA Steps Up Efforts To Support Independent Retailers In Their Battle Against Proposed Kroger-Albertsons Merger
April 25, 2023