As Weis Markets marks 112 years of serving customers and communities across the Mid-Atlantic, we take a look at the grocer’s plans for upgrades and growth, and meet its team of leaders and associates. Download Special Section as PDF The post Weis Markets: Special Section appeared first on foodtradenews.com ..read more

The behind the scenes negotiating between Kroger-Albertsons and the FTC continues. During the past month, the two chains released an updated proposal to the big federal agency, noting that it would add another 166 stores to its store divestiture total and upgrade the original store list to include more profitable stores that it would sell to C&S. Additionally, Kroger will sell the Haggen banner (Seattle-Portland) to C&S and the Keene, NH-based wholesaler would gain different and larger distribution facilities, add a new dairy plant and receive expanded transition services from Kroger a ..read more

While the pace of growth has slowed for most grocery retailers over the past 12 months, Weis Markets continues to make the necessary investments to maintain its recent string of positive comparable store sales and profitability. At the company’s annual meeting, held on May 2 at the regional chain’s headquarters in Sunbury, PA, chairman, president and CEO Jonathan Weis told shareholders that he remains optimistic about the future of Weis Markets, adding that the construction of six new (from the ground up) stores is slated to begin this year. Those new stores are located in New Market, MD; Wald ..read more

It’s a familiar story in the grocery industry: entrepreneurs who have designs to create a new business based on an emerging trend obtain significant venture capital to develop their ideas. Many of these enterprises are often led by individuals who have little overall business experience and even less knowledge of the fiercely competitive food business. In the past month, two of those entities – Foxtrot Market and Getir – announced that they are folding (Foxtrot) or radically reducing their territorial footprint. The reasons are similar: underperforming businesses that have seen their ability t ..read more

South Lake, one of the largest, mixed-use new developments currently under construction in the Baltimore-Washington corridor, will feature a new Giant Food and pharmacy store as anchor at South Lake’s Marketplace shopping center. When completed at the end of this year, Marketplace will encompass 600,000 square feet of retail, dining, sports entertainment, and hospitality components and will be an integral part of the huge, 380-acre South Lake development located in Bowie, MD. What makes South Lake so unique is that the Marketplace center is the central part of the new $1.3 billion development ..read more

Two days after his 73rd birthday on April 25, Richard E. Redner, chairman of Redner’s Markets, died. His passing leaves a tremendous void for his family, the company’s more than 5,500 associates and the entire grocery industry. Dick Redner was one of the first retailers I met when I moved to the Mid-Atlantic in 1978 to acquire Food World and Food Trade News. My first impression wasn’t a particularly lasting one – I found him to be very quiet with an almost aloof manner. Of course, little did I know then that his father Earl “The Chief,” the founder of Redner’s Markets, was a dynamo who possess ..read more

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