Daniel Katz has been elected by the board of managers of Allegiance Retail Services LLC and the board of directors of Foodtown Inc. to serve as the chairman and CEO of Allegiance and Foodtown. Katz is co-president and CEO of PSK Operating LLC, a longtime member of Allegiance and Foodtown, which through affiliated companies own and operate 13 supermarkets in New York under the Foodtown, Freshtown and Pathmark banners.
“In the last 10 years, Allegiance, Foodtown and its other banners have seen tremendous growth increasing from 70 stores to over 110 stores today, and we will remain in a very strong position to continue to grow into the future,” Katz said.
Katz succeeds David Maniaci, who recently resigned as chairman and CEO of Allegiance and Foodtown.
Allegiance Retail Services supports independent supermarkets—Foodtown, Freshtown, Freshco, D’Agostino, Gristedes, Pathmark, LaBella Marketplace, Brooklyn Harvest, Market Fresh, Big Deal Food Market, GreenWay Markets and Shop’n’Bag—with marketing, advertising, technological and merchandising support as well as a full line of Foodtown private label products.
