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Lidl Expanding to New York with Best Market Purchase

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Lidl Expanding to New York with Best Market Purchase INSIDE TAKING THIS ISSUE STOCK by Jeff Metzger At Capital Markets Day, Ahold Delhaize Reveals Post-Merger Growth Platform Krasdale Celebrates “The merger and integration of Ahold and Delhaize Group have created a 110th At NYC’s Museum strong and efficient platform for growth, while maintaining strong business per- Of Natural History formance and building a culture of success. In an industry that’s undergoing 12 rapid change, fueled by shifting customer behavior and preferences, we will focus on growth by investing in our stores, omnichannel offering and techno- logical capabilities which will enrich the customer experience and increase efficiencies. Ultimately, this will drive growth by making everyday shopping easier, fresher and healthier for our customers.” Those were the words of Ahold Delhaize president and CEO Frans Muller to the investment and business community delivered at the company’s “Leading Wawa’s Mike Sherlock WWW.BEST-MET.COM Together” themed Capital Markets Day held at the Citi Executive Conference Among Those Inducted 20 In SJU ‘Hall Of Honor’ Vol. 74 No. 11 BROKERS ISSUE November 2018 See TAKING STOCK on page 6 Discounter To Convert 27 Stores Next Year Lidl Expanding To New York With Best Market Purchase Lidl, which has struggled since anteed employment opportunities high quality and huge savings for it entered the U.S. 17 months ago, with Lidl following the transition. more shoppers.” is expanding its footprint after an- Team members will be welcomed Fieber, a 10-year Lidl veteran, nouncing it has signed an agree- into positions with Lidl that offer became U.S. CEO in May, replac- ment to acquire 27 Best Market wages and benefits that are equal ing Brendan Proctor who led the AHOLD DELHAIZE HELD ITS CAPITAL MARKETS DAY AT THE CITIBANK Con- stores in New York (26 stores – to or better than what they cur- company’s U.S. efforts when the ference Center in New York City on November 13. Among the AD execs 24 of which are on Long Island) rently earn with Best Market. The company opened its first U.S. on hand were (l-r): Meg Ham of Food Lion, Mike Vail of Hannaford, Mark and New Jersey (Holmdel is its terms of the acquisition agree- stores in June 2017. McGowan of Stop & Shop; Kevin Holt, CEO of Ahold Delhaize USA; Nick sole Garden State store). The Best ment were not disclosed, and the “Today is a great day for Long Bertram of Giant/Martin’s; and JJ Fleeman of Peapod Digital Labs. See Market store in Newington, CT is deal is expected to close over the Island, our Best Market team, Taking Stock for a recap as well as page 6 for an additional photo from not part of the deal. coming months. and our valued customers in New the event. Lidl said it plans a step-by-step “Best Market has played an Jersey and New York,” said Aviv transition process that will begin enormously positive role in the Raitses, co-owner of Bethpage, next year and will involve the area, and we look forward to NY-based Best Market. “Partner- Wakefern Posts Record $16.5B remodeling, reinvestment and working closely with Best Market ing with Lidl on this deal offers Retail Sales, Adds 6 New Units reflagging of Best Market stores employees to build on that suc- our employees a secure future to converted Lidl stores. All Best cess,” said Johannes Fieber, CEO with a growing grocer and contin- At its annual shareholders’ based retailer-owned cooperative Market employees will have guar- of Lidl US. “We are excited to ues the great tradition we started meeting held in East Brunswick, opened four new ShopRite stores expand into many great commu- more than twenty years ago. We NJ on October 25, Wakefern Food and two Price Rite Marketplace nities on Long Island and across are delighted to be part of such Corp. reported record retail sales stores during the same period. the New York City area and intro- a win-win and Best Market cus- of $16.5 billion for the 52-week “Thank you for believing that duce more customers to our sim- tomers have something great to fiscal year ending September 29, our way of doing business – a co- 2018, a 1.6 percent increase from ple and efficient approach to gro- See LIDL the prior year. The Keasbey, NJ- See WAKEFERN cery shopping, which will mean on page 6 on page 42 Bake Locall, Wante Everywher Available For Your Stores Now! Contact 866.498.2253 ssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss TRADE CALENDAR November 30 tion at Buona Sera Restaurant in February 24-27, 2019 north-america/. September 11-14, 2019 The Mid-Atlantic Food Trades Red Bank, NJ. The NGA Show will be held at Natural Products Expo East Organization will hold its annual the San Diego Convention Cen- May 7-8, 2019 will be held at the Baltimore “Christmas for All Kids” event December 10-13 ter. For more information, go to DPI Specialty Foods will hold Convention Center. For more at Springfield Country Club in The New York Produce Show www.thengashow.com. its 2019 holiday trade show in information, go to https://www. Springfield, PA beginning at 7:00 and Conference will be held at Baltimore. expoeast.com/ee18/public/ p.m. To register go to www.maf- Jacob Javits Center in New York March 17-19, 2019 Content.aspx?ID=1068697&sort- to.org. City. For more information, or Menu=109023. Seafood Expo Internation- June 2-4, 2019 to register, go to https://www. al will be held at the Boston December 6 nyproduceshow.com/. IDDBA’s 2019 Dairy-Deli-Bak- October 17-19, 2019 Convention Center. For more in- ery Expo will be held in Orlando, The New Jersey Food Council formation, or to register, go to FL. Registration opens in Janu- PMA’s Fresh Summit will be will hold its annual holiday recep- https://www.seafoodexpo.com/ ary at https://www.iddba.org/. held in Anaheim, CA. For more information, go to https://www. freshfrommexico.com/event/ pma-fresh-summit-2019/ If you would like to publish an event in our trade calendar, please send entries to Terri Ma- loney at tmaloney@best-met. com. Include a contact name and phone number, email address or web address for reservations or additional information. Who knows? Is your next event listed in the Mid-Atlantic food market’s number one calendar of events? Let us know, we’ll let our readers know. We’ll publish your spe- cial event listing in the Trade Cal- endar of Events. Contact Terri Maloney, Editor 410-730-5013 or tmaloney@best-met. com 2 | FOOD TRADE NEWS November 2018 www.best-met.com www.best-met.com November 2018 FOOD TRADE NEWS | 3 family spared no expense or de- tional Mango Board (NMB). The to the advancement of women cant impacts and contributions to tail in ensuring their associates, award was announced during the and to creating a diverse and the advertising industry in New customers and guests experi- Produce Marketing Association’s inclusive workplace. Mark Mc- Jersey and Barry certainly meets enced a trade function that was Fresh Summit Convention during Gowan, president, Stop & Shop and exceeds those requirements. unparalleled. While it truly was a the NMB annual reception. The and a former friend and colleague Congratulations Barry!! corporate effort to pull off such an award recognizes retailers that of Grize’s, was honored to pres- Congratulations to Miguel extravaganza, a special tip of the go above and beyond to offer ent the award to Indra. “Indra’s Luna on the opening of his newest hat to Gus Lebiak and Dylana consistent support to the mango contributions to the retail and supermarket, a Fine Fare located Silver in taking the lead on the industry and deliver outstanding consumer foods industry can- at the George Washington Bridge terrific evening. Well done all! mango promotion results. Ac- not be overstated. Under Indra’s bus terminal on 179th Street in We can all admit the weather cepting the award for Wakefern leadership, PepsiCo has increased Manhattan. Miguel and his sons has been less than desired in the were Derrick Jenkins, vice pres- the number of women leaders Brian and Adrian endured the Northeast this fall, but it didn’t ident of produce/floral, and Per- through recruiting and develop- hoops and obstacles of dealing dampen the The Eastern Produce no Young III, category manager. ment initiatives,” McGowan said. with city government and all that Metro Beat Council (EPC) from holding the “Being named the 2018 Mango “Her outspoken advocacy, endur- goes along with it, but in the end fourth annual Joe DeLorenzo Retailer of the Year is a testament ing commitment to gender di- a remarkable store was the result: Family Day and Apple Picking to the hard work that everyone in versity and inclusion, and staus- 16,000 square feet that smartly By Kevin Gallagher event at Melick’s Family Farm in our organization has given to en- quo-busting efforts have helped utilizes every area of the store and Oldwick, NJ. The event is named sure that our customer’s needs are advance women here and around has easy access to the bus termi- Well greetings to all and ‘tis the in honor of long-time EPC board met,” said Young. the world,” nal as well as a traditional street season! I’m sure everyone’s dance member and two-time president The Network of Executive A special shout out to new- entrance. Well done, Lunas! card is getting filled with all of the of the council, Joe DeLorenzo, Women (NEW) New York Met- est member of the Hall of Fame, I do hope to run into many of holiday parties, dinners and gath- who died in November 2014.
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