{"id":279,"date":"2011-11-15T09:22:00","date_gmt":"2011-11-15T14:22:00","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/2011\/11\/supermarket-grocery-and-convenience-eupdates\/"},"modified":"2011-11-15T09:22:00","modified_gmt":"2011-11-15T14:22:00","slug":"supermarket-grocery-and-convenience-eupdates","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2011\/11\/supermarket-grocery-and-convenience-eupdates\/","title":{"rendered":"Supermarket Grocery and Convenience eUpdates"},"content":{"rendered":"
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Personnel Updates<\/span><\/u><\/b>:<\/o:p><\/span><\/b><\/div>\n
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Ahold USA<\/span><\/b> named Don Sussman president of the New York Metro division of Stop & Shop,<\/b> effective immediately. <\/span>Ron Onorato, current New York Metro Division President, will be moving to Ahold USA<\/st1:place><\/st1:country-region> in a new role of Senior Vice President, Operational Initiatives.<\/o:p><\/span><\/div>\n
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Delhaize<\/span><\/b>-owned Hannaford Supermarkets<\/b> announced that Rudy DiPietro, the company\u2019s Director of fresh merchandising, has been promoted to the position of VP of Retail Pperations for the western division, based in Schodack<\/st1:city>, New York<\/st1:state><\/st1:place>. He succeeds Kevin Hill, who moved to the company\u2019s Food Lion division. <\/o:p><\/span><\/div>\n
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Sobeys<\/span><\/b> said that it would split its organization into two separate business units, each led by a president of operations. The company also said that it had named Francois Vimard, its CFO to a new role as Exec VP and promoted Paul Jewer as its new CFO. <\/p>\n

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Wakefern Food Corp.<\/span><\/b> announced that Dean Janeway is retiring as President\/COO of the company, to be succeeded by Joseph Sheridan, a 35-year veteran of the company who has held the position of Exec VP since 1996. Janeway will remain as president emeritus through January 2012. <\/o:p><\/span><\/div>\n
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Weigel Stores Inc.<\/span><\/b> announced that Douglas Yawberry, currently director of operations, has been promoted to VP of Operations.<\/o:p><\/span><\/div>\n

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Financial Focus<\/span><\/u><\/b>:<\/span><\/b><\/o:p><\/span><\/div>\n
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Harris Teeter <\/span><\/b>reported fiscal 2011 sales of $4.285 billion. <\/o:p><\/span><\/div>\n
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Wakefern Food Corp<\/span><\/b>. said that retail sales for the fiscal year that ended 10\/1\/2011 were up 8.5%, to $12.8 billion, vs. year-ago results, and that warehouse sales totaled $9.5 billion. <\/span><\/o:p><\/span><\/b><\/div>\n
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Whole Foods Market <\/span><\/b>reported fiscal 2011 sales of $10.1 billion. <\/o:p><\/span><\/div>\n

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Mergers and Acquisitions<\/span><\/u><\/b>:<\/o:p><\/span><\/b><\/div>\n
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Circle K<\/span><\/b> is growing with the acquisition of 26 convenience stores in three states from Chico Enterprises Inc. to add to the 22 locations that it operates from Erie<\/st1:city>, PA<\/st1:state> to Washington<\/st1:place><\/st1:state>.<\/o:p><\/span><\/div>\n
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Dead River Co.<\/span><\/b> is getting out of the convenience store business after about 40 years. Company officials have reached an agreement to sell its 19 stores in Maine<\/st1:state><\/st1:place>to Circle K<\/b>, said the report.<\/o:p><\/b><\/span><\/div>\n
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A Macey’s Grocery Store<\/b> location in Clearfield<\/st1:city>, Utah<\/st1:state>, was purchased and became the fifth store in family-owned regional chain Kent<\/b><\/st1:place><\/st1:country-region>‘s Market.<\/b><\/span><\/o:p><\/span><\/u><\/b><\/div>\n

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Industry Insight<\/span><\/u><\/b>:<\/span><\/b><\/div>\n
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A&P<\/span><\/b> has reached an agreement with Yucaipa Cos., Mount Kellett Capital Management and Goldman Sachs on a $490 million investment that would allow the company to emerge from bankruptcy as a privately held company early next year.<\/o:p><\/span><\/div>\n
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Associated Food Stores<\/span><\/b> has consolidated its company-owned stores under a new division called Associated Retail Organization.<\/span><\/o:p><\/span><\/b><\/div>\n

<\/span><\/b><\/a>The Green Frog Market<\/span><\/b> store in Bakersfield<\/st1:city>, CA<\/st1:state><\/st1:place> went out of business, though the Alta Vista location remains open announced Scott Hair, owner of Green Frog, which dates to 1934. <\/o:p><\/span><\/div>\n
People’s Food Co-op<\/span><\/b> of La Crosse<\/st1:city>, Minn.<\/st1:state>, plans to merge with Good Food Co-op<\/b> of Rochester<\/st1:city>, Minn.<\/st1:state><\/st1:place> Both stores will use the People’s name. The Rochester<\/st1:place><\/st1:city>store will move to a larger location to anchor a mixed-use building under development downtown. <\/o:p><\/span><\/div>\n
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Real Estate<\/span><\/u><\/b>:<\/o:p><\/span><\/b><\/div>\n

7-Eleven<\/b> is
\nexpected to reveal that it will open up to 200 new corporate stores in Ontario<\/st1:state>between 2012 and 2016, with a major focus on Toronto<\/st1:place><\/st1:city><\/span><\/strong>. The move would boost 7-Eleven’s stable of stores by almost 50% in Canada<\/st1:place><\/st1:country-region>, where it now has 467 locations. <\/o:p><\/span><\/div>\n
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Kum & Go<\/span><\/b> is looking to open at least five new locations in the Pikes Peak<\/st1:place> region. The company is also considering opening five or more locations in Colorado Springs<\/st1:city> according to proposals Kum & Go submitted to Colorado Springs<\/st1:place><\/st1:city> and Monument officials. <\/o:p><\/b><\/span><\/div>\n

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Giant Eagle, Inc<\/span><\/b> is seeking growth opportunities are sought throughout MD, OH, PA and WV during the coming 18 months.\u00a0 Typical leases run 20 years with options.\u00a0 Preferred cotenants include Home Depot, Barnes & Noble, Kohl\u2019s, Lowe\u2019s Home Improvement and Target.\u00a0 <\/o:p><\/span><\/div>\n

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Giant Food Stores, LLC<\/span><\/b> plans to\u00a0open four to six new stores throughout its existing markets during the coming 18 months.\u00a0 Typical leases run 20 years.\u00a0\u00a0<\/o:p><\/span><\/div>\n

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Fairway<\/span><\/b>, which has gone from being a New York City-based specialty grocery store to a company fast expanding into the surrounding suburbs, is scheduled to open a new store next week in Douglaston, Queens<\/st1:place>. The 56,000 square foot unit is slated to open on 11-16-2011. \u00a0The company says it expects to have 11 stores open by the end of the year, driven largely by investment capital from Sterling Investment Partners, which took a majority ownership position in the company in 2007, pledging to open as many as two stores a year.<\/o:p><\/span><\/div>\n

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Metropolitan Market<\/span><\/b> is\u00a0planning for a new store opening in Seattle<\/st1:city>, WA<\/st1:state><\/st1:place> during the coming 18 months.\u00a0 Preferred demographics include a population of 30,000 within two miles.\u00a0 The company prefers to locate in areas with high vehicle and foot traffic counts.\u00a0 <\/o:p><\/span><\/div>\n

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Foodmaster Super Markets<\/span><\/b> is seeking growth opportunities throughout the greater Boston<\/st1:city>, MA<\/st1:state><\/st1:place> area during the coming 18 months.\u00a0 <\/o:p><\/span><\/div>\n

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J.H. Harvey Co.<\/span><\/b> is seeking\u00a0growth opportunities throughout its existing markets during the coming 18 months.\u00a0 <\/o:p><\/span><\/div>\n

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King Kullen Grocery Co. Inc<\/span><\/b>. is seeking\u00a0growth opportunities throughout NJ and NY during the coming 18 months.\u00a0 Preferred demographics include a population of 60,000 within three miles earning $80,000 as the average household income.\u00a0 The company will also consider 10,000 sq. ft. in urban markets for its Wild By Nature concept.\u00a0<\/o:p><\/span><\/div>\n

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Spartan Stores<\/span><\/b> is planning for two to four openings throughout MI during the coming 18 months.\u00a0 Typical leases run 15 to 20 years.\u00a0 Specific improvements are required.\u00a0 A land area of seven to 10 acres is required for freestanding locations.\u00a0 \u00a0<\/o:p><\/span><\/div>\n

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Wakefern Food Corp<\/span><\/b>. is seeking growth opportunities throughout VA during the coming 18 months.\u00a0 Typical leases run 10 years with four, five- to six- year options.\u00a0 The company requires a land area of at least three acres for ground-up locations and prefers to locate second-generation spaces. Preferred cotenants include A.J. <\/b>Wright, Home Depot, Lowe\u2019s Home Improvement, T.J. Maxx, Aaron\u2019s and Family Dollar.\u00a0 Preferred demographics include a population of 70,000 within five miles earning $25,000 to $50,000 as the median household income.\u00a0 <\/o:p><\/span><\/div>\n

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Green Initiatives<\/span><\/u><\/b>:<\/o:p><\/span><\/b><\/div>\n

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Hannaford Bros.<\/span><\/b> announced that the new demonstration test of 15 stationary electric-powered refrigerator trailers will take place on of its warehouses.<\/span><\/o:p><\/span><\/u><\/i><\/b><\/div>\n
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Love\u2019s Travel Stops & Country Stores<\/span><\/b> plans to add 10 publicly accessible compressed natural gas (CNG) fueling stations at existing locations across Oklahoma<\/st1:state><\/st1:place>.<\/o:p><\/u><\/i><\/b><\/span><\/div>\n

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Market of Choice<\/span><\/b> has taken measures to cut energy use and protect the environment, including installation of a rooftop solar system and air curtains on doorways. The family-owned organic and natural grocer is also switching to LED lighting, both overhead and in reach-in coolers and freezers.<\/o:p><\/span><\/div>\n

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Personnel Updates: Ahold USA named Don Sussman president of the New York Metro division of Stop & Shop, effective immediately. Ron Onorato, current New York Metro Division President, will be moving to Ahold USA in a new role of Senior Vice President, Operational Initiatives. Delhaize-owned Hannaford Supermarkets announced that Rudy DiPietro, the company\u2019s Director of… Continue reading Supermarket Grocery and Convenience eUpdates<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[6,11],"class_list":["post-279","post","type-post","status-publish","format-standard","hentry","category-grocery-convenience","tag-csg-old","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=279"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/279\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}