In a regulatory filing, Weis Markets disclosed that it overstated some of its inventory and plans to restate its financials going back to 2022. As a result
Carlisle-based The Giant Co. said yesterday it agreed to buy Everett Foodliner and Saxton Market, a pair of Bedford County grocery stores owned by brothers Bob and Joe Appleby. Giant is buying the real estate and related grocery and fuel business assets for what will become its first stores in the county. Terms of the transaction, expected to close […]
Carlisle-based grocery chain The Giant Co. is closing ecommerce fulfillment centers in Lancaster and four other places in Pennsylvania as it changes its approach to delivering groceries ordered online, a service known as Giant Direct. Giant is dropping its centralized model in favor of a store-based approach, according to company spokesperson Ashley Flower. Giant employees […]
Life could be returning to Iron Hill Brewery and Restaurant locations in Hershey and Lancaster following the regional chain’s sudden bankruptcy in October. Chicago-based Ciao Hospitality Group is taking over leases at the two locations and plans to reopen them within a few months, according to Ciao CEO Jeff Crivello. What to name the venues is still up in […]
Renewal by Andersen of Central PA, an independently owned retail affiliate of Minnesota-based door and window manufacturer Andersen Corp., has been acquired by another Andersen affiliate, St. Louis-based The Birner Group. Terms of the transaction were not disclosed. The Central PA Andersen affiliate was owned by Joe Zisman, who is retiring after five decades in the industry, […]
Weis Markets has won court approval to take over prescriptions for customers at 11 Rite Aid stores in Pennsylvania and New York, according to a spokesperson for the Sunbury-based grocery chain. The stores include Rite Aid locations in Dover and Hanover, as well as Altoona, Brodheadsville, Fogelsville, Honesdale, Montoursville, Mountain Top, Wellsboro and Williamsport, Weis spokesperson […]
Weis Markets, whose pharmacy business has been growing by double digits, is making a play for pieces of Rite Aid. Legal filings in the Rite Aid bankruptcy case reveal that Sunbury-based Weis is among those bidding for the pharmacy chain’s assets. A Weis spokesperson declined to comment, and legal filings offer no details. But Weis joins […]
Rite Aid said yesterday it is filing for Chapter 11 bankruptcy for the second time in two years. While the pharmacy chain emerged as a smaller, leaner company after its last trip through bankruptcy court, it is bracing this time for a sale. “While we have continued to face financial challenges, intensified by the rapidly evolving […]
Big Lots is coming back to Central Pennsylvania. The retail brand’s new owner, North Carolina-based Variety Wholesalers, plans to reopen more than two dozen former Big Lots in Pennsylvania over the next two months, including locations in Cumberland, Lebanon, Lancaster and York counties. Variety is reopening three Big Lots on May 1 in Dunmore, Eynon and […]
Four years after taking the helm at Duck Donuts, Betsy Hamm has resigned. Hamm had led the Mechanicsburg-based donut shop franchisor as CEO since it sold a majority stake in April 2021 to NewSpring Capital, a private equity firm based in Radnor. “Duck Donuts appreciates Hamm’s leadership she provided throughout her years with the company,” said a company […]