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.
January 13, 2013
"I hear they are going to try to operationally run the stores, rather than sell them to a competitor like Kroger or Safeway. That remains to be seen. " - Analyst Michael Keara, Morningstar Inc., on the future of Acme markets, sold by Supervalu Inc. to a group of private-equity firms. "Let's not sit around and wait to be told what to do. Let's build a business. " - Chet Kanojia, founder and CEO, Aereo Inc., a new Internet-based TV service that is moving in to major markets, including Philadelphia, despite uncertainty over accordance with broadcast copyright law. "The key is not to make it a different product, but how do you make it simpler?"
January 12, 2013 |
A vacant Acme Market that for six years has stood as a ghostly presence in downtown Moorestown has acquired a tenant and is getting a makeover. Moorestown Friends School, which acquired the site in 2006 with plans to convert it to classrooms, announced this week that a Mount Laurel architecture firm had leased the 15,000-square-foot space for its offices and is renovating its interior and brick exterior. "This is a concluding chapter to this period in school and town history," said the school's director of development, Mike Schlotterbeck.