Progressive Grocer's Top 20 Stories of 2015 - #13-14
#13 - A&P to Declare Bankruptcy: Report
Filing could come as soon as this week
Published July 15, 2015 - A&P last emerged from bankruptcy in 2012, but has continued to struggle financially. Potential buyers for some or all of A&P's locations, which include Pathmark, Waldbaum’s and The Food Emporium stores, include Acme Markets, Kroger and Ahold. In response to the reports, A&P issued a statement: "No decision has been made regarding a particular outcome, and it would be inaccurate and irresponsible to suggest otherwise. The company is committed to continuing to serve its customers and communities as it always has and intends to keep its stores fully staffed." Read More
#14 - H.J. Heinz, Kraft Foods Merge To Form The Kraft Heinz Co.
Deal will create N.A.'s 3rd largest food & bev company
Published March 25, 2015 - The combined companies, whose new moniker is The Kraft Heinz Co., will be co-headquartered in Pittsburgh and the Chicago area, and will create the third largest food and beverage company in North America and the fifth largest such organization in the world, bringing together an unparalleled portfolio of iconic brands – eight of which are valued at $1 billion-plus each and another five sister brands valued between $500 million and $1 billion – under the same corporate roof. Read More
Check out #15-16 on PG's top story list.