Skip to main content

Large Chains

  • Ahold names head merchant

    NEW YORK — Ahold USA has named Mark McGowan as EVP merchandising. He will lead a merchandising team that supports Ahold USA and its four divisions: Stop & Shop New England, Stop & Shop New York Metro, Giant Landover and Giant Carlisle.

    McGowan had previously served as EVP supply chain for Ahold USA and previously led the Boston division of Stop & Shop.

  • Food Lion exhibit gives kids taste of grocery biz

    SALISBURY, N.C. — The future grocers of America will get a taste of what its like to work in the industry, thanks to a new, interactive exhibit by Food Lion on display at the Children's Museum in Winston-Salem, N.C.

    Children will be able to go behind miniature-sized counters and cash registers and pretend they are checking out customers. They will also be able to experience three preparation areas to further allow them to imagine they are Food Lion associates.

  • Spartan Stores to be main distributor for Chief Super Market

    GRAND RAPIDS, Mich. — Chief Super Market, an Ohio-based grocery chain, has selected Spartan Stores, a regional grocery distributor and retailer, as its primary wholesale grocery supplier.

    Chief operates 12 stores in Northwest and West Central Ohio under the Chief and Rays banners. Spartan Stores stated that it will assume distribution to all of Chief’s banners for grocery, dairy, frozen, bakery and other products in March.

  • Report: Supervalu sets rate on $2.4B loan for Cerberus sale

    Eden Prairie, Minn. -- Bloomberg reported Tuesday that Supervalu Inc. has set the rate it will pay on $2.4 billion of loans to fund the sale of five supermarket chains to a Cerberus Capital Management LP-led investor group.

    A six-year, $1.5 billion term will pay interest at 5.75 percentage points more than the London interbank offered rate with a 1.25 percent minimum, reported Bloomberg, citing an unnamed source.

  • Report: Tesco revival gains traction

    London -- A Tuesday report by Bloomberg said that Tesco Plc may be recovering from its financial doldrums, as the country’s largest supermarket chain has matched market growth for the first time in more than 18 months.

    Citing Kantar Worldpanel’s latest market share figures, Bloomberg said that at Tesco stores rose 3.3% in the 12 weeks ended Jan. 20, the same pace as the industry. Growth exceeded Wal-Mart Stores’ Asda and J Sainsbury, which gained 2.1% and 3.2% respectively.

     

  • Gigante and Petco in deal to open stores in Mexico and Latin America

    New York -- Mexican supermarket and restaurant operator Gigante has entered into a joint venture with Petco Animal Supplies to open at least 50 stores in Mexico and other Latin American countries over seven years, Reuters reported.

    The first two Petco stores will open this year in Mexico City and Guadalajara, Gigante said in a release to the stock exchange.

    The financial terms of the agreement were not disclosed.

     

  • Wegmans to open in Alexandria, Va.

    New York -- Wegmans has confirmed plans to open a store in Alexandria, Va., in 2014, according to Washington Business Journal.

    The store will be located in Hilltop Village, which is being developed by Houston-based Weingarten Realty Investors. The project will feature some 250,000 sq. ft. of retail, anchored by the 143,000-sq.-ft. Wegmans, and 100,000 sq. ft. of office.

     

  • Price Chopper names VP technical services

    Schenectady, N.Y. -- Price Chopper Supermarkets/Golub Corp. announced that Sam Wagar has been promoted to the position of VP technical services, reporting directly to R. Gregory Zeh, Jr., VP Information Systems, CIO.

    In his new position, Sam will be responsible for assessing, maintaining and recommending technology products and services to support the delivery of enterprise-wide technical services. He will oversee the corporate help desk, technical maintenance, technical operations, technical services and information integration.

  • Safeway rises on speculation of buyout interest

    New York -- Shares of Safeway Inc. shares rose as much as 9% on Wednesday on rumors of increased buyout interest for its Canada operations by Canadian grocer Metro Inc. and Loblaw Companies Ltd.

    On Tuesday, Metro announced it was selling off nearly half its stake in Couche-Tard Inc. for $482 million.

    In December, Loblaw announced plans to spin off the vast majority of its property assets into a real estate investment trust.

     

  • Walmart Canada growth to slow

    Walmart’s store count in Canada will increase by nine units during the coming fiscal year following an exceptional rate of growth in 2012.

X
This ad will auto-close in 10 seconds