Ahold Delhaize and Centerbridge Partners have closed the acquisition of New York City-based online grocer FreshDirect after receiving regulatory clearance from the U.S. Federal Trade Commission. Through the acquisition, which was previously announced on Nov. 18, Ahold Delhaize acquires the majority share, funded by cash on hand, and Centerbridge Partners is a minority equity investor with a 20 percent stake. Financial terms of the deal were not disclosed. As previously announced, FreshDirect will retain its […]
Category: Store News
BJ’s Wholesale Club Releases Opening Date For Its Newburgh, NY Club
BJ’s Wholesale Club, an operator of membership warehouse clubs in the Eastern U.S., says that its newest club in Newburgh, New York, will open on Friday, Jan. 22. “We’re excited to kick off the new year by bringing the convenience and value of a BJ’s membership to the community of Newburgh,” said Craig Lombardi, general […]
Hitchcock’s Markets Roll Out Nutrition Incentives In North Central Florida
Hitchcock’s Markets has partnered with the Fresh Access Bucks (FAB) program in Florida, under the non-profit Feeding Florida food bank network, to offer nutrition incentives. The FAB program has partnered with farmers markets in Florida since 2013 to give Supplemental Nutrition Assistance Program (SNAP) customers a discount on fruits and vegetables through nutrition incentives with funding from […]
Consumers IGA Owner Fowler Dies At Home Surrounded By Family
Consumers IGA owner Charles “Charlie” Leonard Fowler, 80, of Stillwater, Oklahoma, died Wednesday, Dec. 30, 2020. After more than a month of struggling with the complications of COVID-19, he died peacefully at his home with his children by his side. His rosary service was held on Jan. 3, at St. Francis Xavier Catholic Church in […]
H-E-B Pharmacies Request More COVID-19 Vaccine From State Of Texas
H-E-B has requested another allocation of vaccine from the state of Texas. Its initial allocation has either already been distributed or is scheduled to be administered. The retailer is awaiting another allocation of vaccine from the state so it can continue to vaccinate healthcare providers as well as begin offering vaccine to those in Phase […]
Ahold Delhaize’s Giant Food Makes Decisions Regarding Pension Plans
Ahold Delhaize has concluded negotiations by its U.S. subsidiary, Giant Food, regarding certain of its multi-employer pension plans. Giant Food, UFCW Locals 27 and 400 and the Pension Benefit Guaranty Corp. have reached an agreement on Giant Food’s funding obligations with respect to two multi-employer pension plans: The Food Employers Labor Relations Association and United […]
Market Profile: Reynolds Foodliner Team ‘Wants To Get It Done’
Asked what he believes sets Reynolds Foodliner apart from its competitors, President Tom Coogle proclaimed it the “easiest question anyone has ever asked me.” “It is our people,” he continued. “We have got a team that wants to get it done. And I think the reason we built that is because we’re focused on bettering […]
Market Profile: Toucan Caters To Las Cruces As ‘Crossover Grocery’
Baur family specialty store known for its array of local offerings by Mary Margaret Stewart / staff writer In 2005, Bob Baur and his former business partner decided to open Toucan Market, a specialty natural grocer in Las Cruces, New Mexico. There was no other store like it in the area, so Baur left Albertsons after […]
