Pink Slime is gone, and so are thousands of workers
Up until recently, we’ve all been fine eating lean finely textured beef (LFTB). Dubbed as “pink slime” in 2002 by Gerald Zirnstein, then a USDA scientist, we’ve been eating it for years with no reported cases of foodborne illness due to its consumption. In fact, the USDA says it’s safe. Everything changed earlier this year. It’s […]
Wegmans, Trader Joe’s top Consumer Reports survey for best supermarket
A Consumer Reports survey released today ranks Wegmans as the top supermarket in the country, based on feedback from 24,203 readers. Wegmans has 79 stores in New York, New Jersey, Pennsylvania, Massachusetts, Maryland and Virginia. The top five stores are as follows: 1. Wegmans 2. Trader Joe’s 3. Publix 4. Fareway Stores 5. Costco Customers […]
A&P gets B- rating from S&P
In assigning newly reorganized and private company A&P a B- credit rating and negative outlook last week, Standard and Poor’s said the company should be able to maintain adequate liquidity and improve its overall performance in the coming years, but will still lag competitors’ operating metrics and be vulnerable to sales declines and a slow […]
ShopRite workers approve new labor agreement
We’re used to reading about problems between supermarket chains and their unionized employees, just as we’re used to reading about ShopRite’s success and climb to supremacy in the Greater Philadelphia Region. So, it should come as no surprise that 24,000 workers at ShopRite and Stop & Shop stores in New York and New Jersey represented […]
Dollar General’s 10,000th store to be a grocery market
In a few days Dollar General will open its 10,000th store, and it will be a Dollar General Market, which resembles a “price-impact grocery store,” according to company officials. The store will open in California, where the company’s Market format is expected to see significant growth. During a conference call to discuss fourth quarter results, […]
Swiss Farms debuts drive-up grocery
The first of five Swiss Farms stores planned for Charlotte, NC that feature a drive-up grocery opened last week. According to its website, the company, based in Broomall, PA, “has been a drive-thru tradition of quality and convenience since 1968.” In addition to the new location in North Carolina, there are currently 13 Delaware County […]
Walmart to reportedly lower grocery prices
Although Walmart officials remain mum on the subject, several publications have reported that the world’s largest retailer is determined to regain its image as the low price grocery leader and lure back customers who are frequenting dollar stores and discount grocery chains. The speculation is that Walmart is putting pressure on its food suppliers to […]
A&P emerges from bankruptcy as private company
In a statement today, A&P said it emerged from bankruptcy as a private company, having completed a court-approved financial restructuring. It had filed for bankruptcy in December 2010. The company said that JPMorgan Chase and Credit Suisse arranged for $645 million in exit financing. A&P also said that it assembled a new management team, refurbished […]
Genuardi’s – Giant conversion to take three weeks
Speaking about the conversion of 16 Genuardi’s stores to Giant supermarkets in a recent interview with Supermarket News, Ahold USA COO Carl Schlicker said he anticipates that “from the time we’re able to start we’ll have them converted within three weeks.” He explained the general strategy for the stores as returning to “some of the […]
Whole Foods to open tomorrow in Glen Mills
The eagerly awaited Whole Foods Market is set to open tomorrow in Glen Eagle Square Shopping Center on Westchester Pike in Glen Mills, about a mile down the road from where a Wegmans is scheduled to be built. The Whole Foods Market will be approximately 38,000 square feet and will feature the Brew & Brau […]