business news in context, analysis with attitude

…with brief, occasional, italicized and sometimes gratuitous commentary…

• Ahold Delhaize-owned Giant Food Stores of Carlisle, Pennsylvania, announced that the Federal Trade Commission (FTC) has approved its acquisition of five corporately-owned Shop ‘n Save locations from United Natural Foods Inc.-owned Supervalu.

The stores - two in West Virginia and one each in Maryland, Virginia and Pennsylvania - all will be closed for a week while they are converted to Giant’s Martin’s Food Markets format, reopening on April 5.

The original acquisition, pending FTC approval, was announced last November.

• The Democrat & Chronicle reports that Wegmans, as it continues its expansion down the eastern seaboard, plans to open its first store in Delaware, in Greenville, near Wilmington, probably in 2022. The store will be in a mixed-use development and, according to the company, “will measure around 115,000 square feet and include "all the bells and whistles of our newest stores.”

I assume that this will be Wegmans’ only Delaware store. At 115,000 square feet, it will be almost as big as the whole state.

• The National Grocers Association (NGA) announced the establishment of the Peter J. Larkin Award for Community Service in honor of Larkin’s planned retirement at the end of the year; it will be presented annually “to an independent retailer or wholesaler for his or her dedication and commitment to the communities he or she serves,” NGA said.

The announcement was made at the annual NGA Show in San Diego.

• Dwayne Campbell, of Hy-Vee defeated 23 other best baggers from across the country to claim a grand prize of $10,000 at the annual Best Bagger Championship held at the NGA Show in San Diego.
Elissa Chambliss of Buehler’s Fresh Foods in Ohio was awarded second place and a $5,000 cash prize. Justin Vera of ShopRite in Delaware was awarded third place, Tyler Haselkamp of Coborn’s Inc in Minnesota was awarded fourth place, and Jake Waid of Nugget Market in California was awarded fifth place.
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