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Weis Markets to open fifth N.J. location

BY Michael Johnsen

SUNBURY, Pa. — Weis Markets on Wednesday announced that its newest location in Flanders, N.J. will open its doors to the public on March 2 at 6 a.m. 

Weis plans to mark the occasion with a grand opening community celebration and ribbon cutting ceremony later that morning at 9 a.m.

The 66,000-square foot supermarket will feature expansive fresh departments, including a large produce department and a full-service pharmacy. This is the fifth Weis Markets to open in New Jersey.

 

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Hamacher Resource Group announces promotions

BY Antoinette Alexander

WAUKESHA, Wis. — Hamacher Resource Group, a research, marketing, and category management firm, has promoted Tom Boyer to director of national accounts; Angela Pinkstaff to director of business development; and Beth Maas to human resources coordinator.

Boyer and Pinkstaff will be responsible for managing existing client relationships and establishing new ones, and Maas will organize the company’s human resources.

Boyer, who is also a member of the owners group, has been with the company for 20 years. Since his start, he has managed some of HRG’s largest accounts, including distributors, POS vendors, data solutions providers, and retail chains.

Pinkstaff joined HRG in 2013 and manages the business development team in addition to supporting the company’s consumer packaged goods clients in a sales management capacity. Her prior business development experience was in the natural products industry.

Maas was hired as an administrative assistant in 2005. Her responsibilities included benefits management, payroll, and recruiting, as well as event planning and accounting support. In her new role, she will devote all of her time to her human resources responsibilities with an additional focus on employee development.


 

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Reports: Safeway acquisition valued at more than $40 per share, potential suitors identified

BY Michael Johnsen

NEW YORK — Bloomberg on Thursday lined up the potential suitors in discussion with Safeway on a sale of the grocer, citing people with knowledge of the matter. 

Firms CVC Capital Partners and Leonard Green & Partners are among the the interested parties, as is Cerberus Capital Management. 

KKR & Co. bought Safeway in 1986 for about $4.3 billion, according to data compiled by Bloomberg. The retailer went public in 1990.

According to reports, JP Morgan has valued Safeway at more than $40 per share, valuing the chain at approximately $9.6 billion with 239.4 million shares outstanding. In early-morning trading, shares of Safeway were up more than $2 to $36.65, which would represent an approximate 9% premium. 

 

 

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