July 23, 2015 |
Acme Markets, a storied Philadelphia supermarket brand, said Tuesday that it had agreed to buy 76 A&P stores after the Great Atlantic & Pacific Tea Co., known as A&P, sought Chapter 11 bankruptcy protection Monday. The acquisition would give Acme 183 grocery stores in Pennsylvania, Delaware, Maryland, and New Jersey, a big increase from its current 107. Acme officials would neither disclose the price they will pay A&P for the stores nor say when they expect to close the deal. Acme, which got its start as a neighborhood grocer in South Philadelphia in 1891, has struggled mightily in recent years and changed ownership during this period.
July 3, 2015 |
In 2010, John Erlenbach walked away from a job at Acme Markets, where he had worked in every area from produce to shelf stocking for 20 years since leaving the Navy. "I wasn't well," Erlenbach, 61, said. He struggled with depression, couldn't hold a job or keep an apartment, grew apart from his five kids, and was homeless for years - sleeping on couches, the street, or in shelters in Salem and Camden Counties. On Wednesday, Erlenbach stood in front of his one-bedroom townhouse at Riverfront Village in Pennsauken, a 75-unit affordable-housing complex for working families earning less than 60 percent of the area's median household income, as well as five previously homeless veterans.
April 6, 2015 |
James J. Baumann, 59, of Westbrook Park, an Acme Markets worker who, despite being blinded at an early age, led a life filled with activity and optimism, died Saturday, March 28, of cancer at the Hospital of the University of Pennsylvania. Known as Jimmy, Mr. Baumann attended Holy Cross School in Springfield, Delaware County, and graduated from Upper Darby High School in 1973. At age 18, while he and a friend were playing with a shotgun in Chestnut Hill, the gun discharged accidentally, hitting him in the head.
December 14, 2014 |
Edgar and Selma Davis work out at several gymnasiums: the Acme in the Bala Cynwyd Shopping Center; the ShopRite in Parkside; the Pathmark on Monument Road near City Avenue; and the Super Fresh on Lancaster Avenue in Wynnewood. Yes, the Davises get their exercise while food shopping. Four or five days a week, they visit one of their favorite supermarkets, and while Selma, 75, searches for grocery items, Edgar, 87, pushes around a cart, sometimes succumbing to an impulse buy but mostly enjoying the cornucopia.
November 21, 2014 |
Sometimes, omens appear in mundane places - the $5 bin at Acme, for instance. At least, that's how it felt when Felicite Moorman and Sean Hawley were buying groceries last March. "The day we closed on the house, The Money Pit was on sale," Moorman said. "We came home and watched it - and were like, ' Noooo. ' " The film about a traumatic renovation job felt a little close to home for the couple, who had just purchased their own white elephant: a circa-1851 East Falls manse that had weathered invasions by weed trees, scrappers, and graffiti writers.
April 26, 2014 |
Acme Markets told its largest union Wednesday that it was unilaterally terminating its contract, effective April 30. The union, United Food and Commercial Workers Local 1776, has scheduled a 7 p.m. Monday meeting at Temple University's Liacouras Center for its 2,700 Acme employee members to discuss options: a strike, a lockout possibility, or working without a contract. "A work stoppage is always the last resort," said Wendell Young 4th, who heads the union local. He said Acme clerks have been working under the terms of a contract that expired in February 2012.
March 8, 2014 |
Acme Markets' corporate parent, the Albertsons grocery-store chain, on Thursday purchased Safeway Inc., for about $9 billion. Albertsons is controlled by an investor group led by Cerberus, a New York-based private-equity firm. Other investors included Philadelphia-based Lubert-Adler Partners, Kimco Realty Corp., Klaff Realty L.P., and Schottenstein Real Estate Group. With the purchase of Safeway, the group will now control about 2,400 grocery stores, making it one of the largest chains in the country.
January 18, 2014 |
Acme supermarkets on Wilmington Pike in Westtown and Lincoln Highway in Exton will close by mid-February after their leases expire, though there are no plans to close additional stores in the near future and the chain's new owners plan to renovate several others this year, a spokeswoman said Thursday. The two supermarkets, among the Acme division bought last year from Supervalu Inc. by real estate investor and private equity consortium AB Acquisition L.L.C., employ 120 unionized workers who "will have the opportunity to transfer to open positions at stores nearby," said Angela Perez, an Acme spokeswoman in Malvern.
March 23, 2013 |
Acme Markets' corporate parent, Supervalu Inc., completed the sale Thursday of five grocery chains, including Malvern-based Acme, to a group of private-equity firms and real estate investors. The price was $100 million and the assumption of $3.2 billion in debt. Operations of Acme, Albertsons, Jewel-Osco, Shaw's, and Star Market stores and related in-store pharmacies were to transfer at 3:01 a.m. Friday to AB Acquisition L.L.C., an affiliate of an investor consortium, former Chrysler Corp.