Wednesday, October 18, 2017
Snapshot: America's Food Basket, Worcester, MA
The group of operators that split off in 2005 reorganized itself into the Neighborhood Supermarket Association, or NSA. This new group got the attention of Massachusetts-based Americas' Food Basket, a small chain of Hispanic-leaning supermarkets. Americas' Food Basket joined around 2007 and switched their stores to NSA Americas' Food Baskets. In 2012, however, NSA faced internal problems and reorganized its corporate division into today's America's Food Basket, borrowing the name of their largest member (save for the moved apostrophe, which interestingly enough switches the meaning from all of the Americas to just America -- as in the USA).
Almost all NSA Supermarkets were re-branded with AFB's new banner, Ideal Food Basket, and the NSA Americas' Food Basket stores became America's Food Basket stores. Some stores, still equipped with the NSA logo on the storefront, replaced it with a similar AFB logo. Today, AFB (whose corporate division uses a different logo from the stores of the same name) operates independent Ideal Food Baskets, Ideal Fresh Markets, Ideal Marketplaces, America's Food Baskets, SuperFi Emporiums, and others.
I'm still on the fence about AFB. I think it has promise but their performance has been severely lower than the grand proposals and promises made by the former CEO, Dan Cabassa. The new CEO, David Siegel, seems to be taking a more moderate approach.
The AFB chain of stores has recently made two store acquisitions, this location in Worcester, MA, which started as an Associated Supermarket that opened ca. 2014; and a former Compare Foods in Providence, RI which we will see a tour of in a little over a year.* As of earlier this summer, that store was still about 75% Compare Foods inside and out.
Man, that's an awful lot of text for a "snapshot". Oh well.
*If you're reading this and wondering how I linked to the future, I actually updated the post after the tour went up. But very observant of you!