This Week: Acme Sold, Octomom Ordered to Return Ring

Find out what's been going on around the region this week that you might have missed.

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Acme Grocery Chain Sold

The brand has its headquarters in East Whiteland, but its future is uncertain.

Acme Markets, which is headquartered in East Whiteland, is among several chains the Supervalu company has sold to investment consortium Cerberus Capital Management, Supervalu announced Thursday. There was no announcement from Supervalu or Cerberus about how the sale will affect the future of the grocery stores. Acme does not have any market locations in Malvern, but it does have nearby locations in Newtown Square and Paoli. The Philadelphia Inquirer reported in July that moves by Supervalu executives seemed to indicate they were looking for buyers for Acme and their other grocery "banners". Are you concerned about the fate of Acme Markets? Tell us in the comments section below.

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News Next Door

Main Line Student Wins $1 Million from Acme

Joseph Facciolo plans to pay off student loans.

The man who won Acme's $1 million summer sweepstakes grand prize celebrated in the spotlight Wednesday morning in a ceremony at the Bala Cynwyd grocery store. Joseph Facciolo, of Lower Merion's Belmont Hills neighborhood, collected game-piece tickets on shopping trips throughout the summer, and they combined uniquely to qualify him for the jackpot, at odds of 48 million to one. He interviewed first with Patch Tuesday evening. The 26-year-old Temple University dental student was presented with a ceremonial check, as well as a personalized Philadelphia Eagles jersey from team mascot Swoop. Facciolo came with his parents, his girlfriend and her mother, two of his three brothers and their girlfriends, he said. They posed for pictures, and he …

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Struggling Acme Switches CEOs

The grocery chain's most recent quarterly report raised the question of whether it might be up for sale.

Acme Markets parent company SuperValu Inc. on Monday replaced president and CEO Craig Herkert with board chairman Wayne Sales, less than three weeks after the grocery chain's dismal quarterly report. Acme Markets Inc. is headquartered in East Whiteland, but does not operate any stores in the Malvern area, despite having many nearby locations, including stores in Newtown Square and Paoli. "We will take significant cost out of the business, and move with urgency in our retail food business to lower prices and create points of sustainable differentiation for our customers," Sales said in a statement from the company. In the report July 12, the company reported falling sales, vowed to cut costs and said it planned to withhold investor …

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