Last updated on December 9th, 2015 at 01:28 pm
Supermarket News In Brief…
Judy Spires of Kings Food Markets has been named chairman and CEO. She previously was president and CEO. In addition, Rich Durante has been promoted to president and COO. Durante began his career with Kings in 1988 as a store manager, risen through the ranks over the past 27 years and has led the merchandising, operations, marketing and engineering teams in the strategic positioning of the company for growth and innovation. In another appointment, Jessica Gasser has been promoted to SVP of talent and technology. An upscale market chain serving customers throughout New Jersey, New York and Connecticut, Kings is based in Parsippany, New Jersey, with 25 stores serving the region. The company marks its 80th anniversary in 2016…
A&P has asked the bankruptcy court to approve the sale of its intellectual property of Pathmark to a Foodtown affiliated operator, PSK Supermarkets. The sales price is $1 million. A&P has received approval from the court to sell its Food Emporium brand and intellectual property to Key Foods Cooperative for nearly $1.75 million…
The Smithsonian’s National Museum of American History opened Dec. 9. “Wegmans Wonderplace,” the first gallery on the National Mall, is designed for the learning needs of children from infancy to age 6. Made possible by a $1.5 million gift and in-kind donations from Wegmans Food Markets, this gallery will allow children to “cook” in a kitchen inspired by Julia Child; plant and harvest pretend vegetables and run the farm stand; find the owls hiding in a miniature replica of the Smithsonian’s Castle building; and captain a tugboat based on a model in the museum’s collection. “Wegmans’ mission is to help our customers live healthier, better lives, and that begins with children,” said Wegmans CEO Danny Wegman. “Having fun through play is the best way to inspire children to learn.” Wegmans will celebrate its 100th anniversary in 2016.
