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.
June 24, 2014 |
FOLKS AROUND 56th Street and Lansdowne Avenue in West Philadelphia called Reece Coney the "Lansdowne Avenue Griot. " The term "griot" comes from West Africa and denotes a person who is a neighborhood leader, historian, storyteller and wise man. That was Reece. "Reece was a treasure," said Jean Waites-Howard, social worker, teacher, evangelist and longtime friend. "He was a precious link in our circle. His role is irreplaceable. He was respected and loved in the neighborhood.
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.
September 12, 2013 |
The massive Labor Day weekend fire at Dietz & Watson's Delanco warehouse destroyed not just the building but also two weeks' supply of deli meat, hot dogs, and hams. To make up for the loss, management called production workers in on Labor Day, even before the blaze was declared under control late that afternoon. "We have produced record amounts of product in one week," Louis J. Eni Jr., chief executive of the 74-year-old, family-owned firm, said in an interview Monday, after working through the weekend, as did the entire company.
August 10, 2013 |
Update: The winning ticket sold in Little Egg Harbor was bought by a group of 16 employees from the Ocean County Vehicle Maintenance Department, their boss confirmed Friday. They will not come foreward to claim the prize and reveal their identities until next week, said Jim Pine, the department's director. Earlier Story: Two of three winning tickets of the $448.4 million Powerball were sold in the Garden State, officials said, though as of Thursday night no one had come forward to claim the prizes.
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?"