Associated Food Stores Signs New Supply Pact With C&S
Associated Food Stores LLC of Hewlett, N.Y., has signed an agreement with N.H. based C&S Wholesale Grocers Inc. to be its primary supplier. C&S will provide warehouse, transportation and procurement services. Associated Food Stores licenses the names Associated, Compare, Met, Met Fresh and Metropolitan City Markets to over 350 independently owned and operated supermarkets.
"With the acquisition of the assets of our former supplier White Rose, C&S has demonstrated a strong commitment to servicing the New York metro market and the hundreds of independent stores we represent. We look forward to continuing to grow our business with C&S as our primary supplier," said Bob Sigel, newly appointed president of Associated Food Stores LLC.
"C&S has admired Associated Food Stores and the impact it has had on the New York tri-state area for a long time, and we are delighted to have the opportunity to partner with this strong retail group to service the customers in this region," said Rick Cohen, chairman and chief executive officer of C&S Wholesale Grocers.
Associated Food Stores supplies more than 350 independently owned supermarkets in the New York tri-state area with procurement, distribution, marketing, merchandising, advertising and promotional services as well as store financing.
Ahold Unveils Online Retail Strategy Goals
Ahold, the Netherlands, has announced that the company’s online sales are expected to reach $1.7 billion by the end of 2014 and the company hopes to reach $3.1 billion in online sales by the end of 2017. Following the acquisition of bol.com in 2012, the company now employs over 1,000 IT experts, based in four technology hubs in the U.S. and the Netherlands.
Commenting on Ahold’s online retail strategy, Ahold CEO Dick Boer said: “Our online brands bol.com, Peapod.com and ah.nl have played a pioneering role over the past 25 years. Today, we announce the next stage of our ambition, aiming for a growth in online sales to $3.1 billion by the end of 2017. This growth will be supported by an incremental EBIT investment of $75 million in the period 2015 until 2017. We offer a great omni-channel proposition for our customers, creating a strong platform for continued future growth and long-term value creation."
Ahold’s online growth strategy has three elements: “more customers,” benefitting from general market growth and driving share growth; “more places,” expanding into new regions; and “more choices,” expanding the offering for customers and partners.
Eastern Produce Show Set For Dec. 2-4 In NYC
The Eastern Produce Council (EPC) will host the New York Produce Show and Conference Dec. 2-4 in New York City. The New York Hilton, 1335 Avenue of the Americas-Manhattan, will serve as host hotel for the show which will kick-off on Tuesday, Dec. 2 with the Global Trade Symposium during the day, followed by a welcoming cocktail reception that evening.
On Wednesday, Dec. 3, the keynote breakfast and expo will be held at a new location, The Jacob Javits Center, 655 W 34th St., Manhattan. The breakfast will feature prominent thought leaders from Wakefern, Ahold, A&P, Acme, Fresh Direct, Allegiance and more. This year’s topic of discussion will be ‘Weathering the Market: Consumer Trends and Go-to-Market Strategies for Retail.” The expanded Expo will follow beginning at 10 a.m. The second annual Women’s Leadership Award will be presented at 4 p.m. in the North Hall.
On Thursday, Dec. 4 The Ideation Fresh Foodservice Forum will be held at the Hilton. The NYC Produce Retail tour will include Grand Central and Chelsea Markets, Whole Foods and Fairway stores; the Philadelphia Wholesale Terminal Market; Hunts Point Terminal Market; and stops at markets in New Jersey and New York City.
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Latest Word in Supermarket News...
• Connecticut Foodshare received turkey requests from 19,896 families this year. “Events like yesterday’s (Nov. 19) Jack Bannan Memorial Turkey Trot, which brought in 2,132 turkeys, have already put a serious dent in Foodshare’s goal, bringing the total number of families still waiting for a turkey to 13,180,” said Gloria McAdam, Foodshare’s president and chief executive officer.
• The Griffin Report has extended the nomination deadline to Dec. 1 for the 2015 inductees to the Women of Influence In The Food Industry. The February 2015 edition will recognize women chosen for their professional accomplishments and contributions to the food industry. This is the 10th year anniversary issue of The Women of Influence. For information, contact Karen Harty at firstname.lastname@example.org or call 781-829-4700, ext. 16.
• Following a recall by B&G Foods Inc., Stop & Shop removed from sale certain Ortega Taco products after learning that one or more of the spice ingredients may contain peanuts and almonds, allergens that are not listed on the ingredient label.
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