David McInerney Now FreshDirect CEO As Jason Ackerman Departs
FreshDirect, the Northeast’s leading online fresh food grocer, announced September 6 that after 20 years of service, founder and CEO Jason Ackerman has stepped down from his role as chairman…
Weis Markets To Continue Path Of Steady, Sustainable Growth
Weis Markets' company execs detail plans at annual vendor meeting, saying the company will continue its path toward steady, sustainable growth.
Taking Stock
Jeff Metzger's response to the news that Darrenkamp's will wind down operations after 86 years, plus the rest of the news of the market.
Joe Cavaliere Joins C&S Wholesale Grocers As Chief Commercial Officer
C&S Wholesale Grocers has named Joe Cavaliere as its chief commercial officer (CCO), a newly created position, effective September 4, 2018.
Publix To Construct 1.8 Million Sq. Ft. Charlotte, NC Div. Depot
Five years after it created its newest operating division in Charlotte, NC, Publix has announced that it will build a distribution center complex to supply and support stores that the…
Taking Stock
Jeff Metzger's analysis of the Supervalu-UNFI merger deal, plus the rest of the news of the market.
Activist Investor Loeb Acquires 5.65% Stake In Campbell Soup
Activist investor Third Point LLC is pushing for a sale of Campbell Soup Co. The management firm, headed by Daniel Loeb, recently acquired a 5.65 percent interest in the Camden,…
Rite Aid, Albertsons Call Off $24 Billion Proposed Merger
The proposed Albertsons-Rite Aid merger is dead. Fearing a negative outcome, on August 8, the day before the scheduled vote from Rite Aid shareholders to approve a $24 billion merger,…
Taking Stock
Jeff Metzger's analysis of the news that UNFI will acquire Supervalu, plus the rest of the news of the market.