Supermarket News In Brief…
Robert Weis, the principal figure in the growth and continued success of Weis Markets, died this week at age 96. Mr. Weis was the former chairman of Weis Markets, a food retailer operating 163 stores in Pennsylvania, Maryland, New Jersey, New York and West Virginia. In 2014, the company generated $2.8 billion in revenues. Mr. Weis helped oversee Weis Markets’ growth and expansion into six states. In 1995, Mr. Weis became chairman of Weis Markets. Since 2009, the company has made record investments in its growth, acquiring 11 units, upgrading more than 100 stores and opening nine new stores…
Albertsons has postponed its initial public offering because of recent market volatility…
Associated Grocers of New England’s loss prevention manager, Alan Cote, has been recognized by the New England State Retail Associations for his work in battling organized retail crime. He was honored as this year’s Loss Prevention Person of the Year.