Market Basket employees continue to protest the actions of the company’s board of directors. The board ousted Arthur T. Demoulas as company president and CEO as well as VP Joseph Rockwell and longtime Operations Director Bill Marsden on June 23. On June 24, hundreds of Market Basket employees rallied at a Chelsea, Mass., store to protest […]
Category: Northeast
Posted in, Northeast, Store News
Whole Foods To Open In Columbia, Md., Next Month
Whole Foods Market Columbia, the first in Howard County, Md., is set to open Wednesday, Aug. 20. The approximately 50,000-s.f. store, located in the former Rouse Co. building, was designed by internationally renowned architect Frank Gehry for Columbia founder James W. Rouse. “With such an energetic community, beautiful building and scenic location we truly hope […]
Posted in, Corporate Store News, Northeast
Price Chopper Eliminates Nearly 80 Positions At Headquarters
Price Chopper has cut nearly 80 positions from its corporate headquarters in Schenectady, N.Y., citing rising costs and a need for greater efficiency. Jerry Golub, the company’s president and CEO, said the current business climate forced the company to eliminate 80 positions in the company, “some through attrition and some with incumbents. The decisions were […]
Posted in, National, Northeast
Michael To Retire From Associated Wholesalers, Company Selling White Rose Subsidiary
Associated Wholesalers (AWI) today said that President and CEO J. Christopher Michael is retiring from the company after 41 years of service. Veteran wholesale executive Matthew Saunders has been named president and CEO of AWI, effective immediately. AWI also said today that its board of directors has decided to pursue a sale of its White […]
Posted in, Grocery News, Northeast
Boyajian Oils Awarded Gold, Silver Medals At International Competition
Boyajian Inc. has been awarded a gold medal for its Scallion Infused Olive Oil and a silver medal for its Chipotle Infused Olive Oil at the recent 2014 Los Angeles International Extra Virgin Olive Oil Competition. This year the competition celebrated its 14th anniversary. Oils are tasted by a team of judges and the competition […]
Posted in, Corporate Store News, Northeast
Ahold To Settle Pricing Practices Lawsuit For $297M
Ahold has signed an agreement to settle a class-action lawsuit pending in the U.S. District Court in Connecticut regarding pricing practices of the company’s former subsidiary, U.S. Foodservice, from 1998-2005. Under the term sheet that was signed this week, Ahold has agreed to make a payment of $297 million into a settlement fund in return […]
Posted in, Northeast, Store News
Stop & Shop Debuting Norwalk Hospital FastCare Clinic In Fairfield, Conn.
The Stop & Shop Supermarket Co. has joined with Norwalk Hospital FastCare to introduce a new in-store health clinic to Fairfield, Conn., customers. The clinic, located within Stop & Shop at 1160 Kings Hwy. Cut-off, provides customers with convenient and affordable care for the treatment of a variety of common illnesses and preventative healthcare options. […]
Posted in, Independent Store News, Northeast
Weis Markets 1Q Sales Increase, But Net Income Down 26.6 Percent
Weis Markets reported its first quarter results this week. During the 13-week period ending March 29, the company’s sales increased 0.6 percent to $687.1 million while its comparable store sales were down 1.3 percent compared to the same period a year ago. During the same period, the company generated earnings per share of $0.55 compared […]