Rite Aid Purge: Standley To Exit, Drug Chain To Cut 400 Top Jobs
The Camp Hill, PA drug chain cleans house, also ousts COO Kermit Crawford, CFO Darren Karst, and executive VP of store operations Derek Griffith.
Amazon Apparently Ready to Put On Big-Boy Pants for Bricks & Mortar Grocery Retailing
Reported plan to open dozens of stores comes at a time when many retailers are struggling in the overstored fray—and may be eager to sell.
Philly OKs Ban on Cashless Stores; Some See Statute As Anti-Amazon
The 1.5 cents per ounce beverage tax was tough enough for most food retailers in Philadelphia to absorb. Now the city has added to its reputation as arguably the most anti-business municipality…
Soup To Nutz
March is supposed to come in like a lion and exit like a lamb and, so far, it is right on schedule. But it’s not the weather that people in the Delaware Valley are talking about. The main…
Andy Klein, President of Klein’s Shoprites, Leaves a Legacy of Philanthropy
Andrew “Andy” Klein, president and CEO of Klein’s ShopRite, was killed in a multi-vehicle car accident in Harford County, MD on March 11. He was 65 years old. Klein was…
3G’s Failings At Kraft Heinz: You Reap What You Sow
A $15 billion write-down, plummeting share prices, and an SEC investigation: How not to purchase and reorganize a company.
Giant Food Bullish About 2019 Sales, Expansion Opportunities
Market share is growing, capital expenditures for new stores and major remodeling projects are on the rise and Baltimore-Washington market share leader Giant Food has regained much of the mojo it had lost…
Dollar Tree To Shutter 390 Family Dollar Units, Rebrand 200 Others
While not a total failure, Dollar Tree’s 2015 purchase of Family Dollar stores has proven a disappointment. That fact was affirmed earlier this month when the Chesapeake, VA- based dollar store…
MFCA Ready To Embark On Bold Expansion Effort
Jessup, MD facility seeks to revitalize its seafood center and develop space to engender entrepreneurialism.
Aisle Chatter
Karen talks about the latest condiments to hit the shelves along with the latest scan technology at Sam's Club and more!
Giant/Martin’s Gets FTC Nod To Buy 5 Shop ‘n Save Stores
Giant Food Stores/Martin’s has been granted FTC approval to complete the acquisition of five corporately-owned Shop ‘n Save stores from Supervalu, now a subsidiary of United Natural Foods (UNFI). The…