Aldi opens 2,000th U.S. store and plans to enter 37th state
Aldi announced that it now has 2,000 operating stores in the U.S., with 70 more coming by the end of the year. And later this year, the company plans to open four new stores in Arizona, which will be the grocer’s 37th state. Aldi embarked on a $5 billion,...Yahoo Mail users can buy Walmart groceries from their inbox
Yahoo owner Verizon Media launched an online grocery service that enables Yahoo Mail users to make Walmart purchases directly from their inbox. The service is called “Groceries from Walmart,” and users will get personalized grocery recommendations from...Amazon reportedly planning to open supermarkets in Greater Philly
According to a report in the Philadelphia Business Journal last week, Amazon is considering sites in Bucks County and Center City for its new chain of grocery stores. I have also heard about a Montgomery County site that Amazon may be considering. Amazon is already a...Malvern, PA to become home to Albertsons’ Mid-Atlantic division
Albertsons announced that its Safeway/Eastern and Acme Markets divisions will merge to form Albertsons’ Mid-Atlantic division, effective September 13. The Mid-Atlantic division will be located in Malvern, PA, which is Acme’s current headquarters. The...Acme parent becomes public company, trades on NYSE as “ACI”
Albertsons Companies Inc. became a public company late last month, as their initial public offering sold out at $16 per share, which was $2 to $4 under the target price. Albertsons owns and operates food and drug stores under its own name, as well as Acme, Safeway,...Acme to close Wynnewood, PA store
Acme announced last week that it plans to close its supermarket at 250 East Lancaster Ave. in Wynnewood. Three other stores within five miles of the Wynnewood store will remain open, according to an Acme spokesperson. Acme closed its nearby Gladwyne store in February...Wegmans to close in-store pubs permanently
Wegmans announced that it is permanently closing its in-store pubs that had been located in 12 stores across New York, Pennsylvania and Virginia. The pubs had been closed temporarily in March due to the coronavirus. Burger Bar and Next Door (sushi) locations remain...ShopRite operator David Zallie buys out brothers, now operates 11 stores
Earlier this week it was reported that David Zallie purchased the eight ShopRite stores that had been jointly owned by he and his brothers, George and Bruce, since the death of their father in 2011. George and Bruce plan to retire, and now all 11 Zallie-owned ShopRite...Instacart raises $225 million in new funding
Instacart announced last week that it raised $225 million in new financing as consumer demand for online grocery delivery and pickup services has experienced an “unprecedented surge” since the COVID-19 outbreak. The investment, led by DST Global and...By David Goodman
