INDIANAPOLIS -- Marsh Supermarkets here reported increased sales and earnings for the year ended April 2.Net income rose 6.5% to $10.5 million. Excluding a $1.9 million credit related to accounting changes, however...
WAYNE, N.J. -- Well-known industry executive Brooke D. Lennon of Grand Union Co. here has been found dead in a secluded area of New Hempstead, N.Y. Police have ruled the death a murder.Lennon, 55, was a senior vice...
COMPTON, Calif. -- Ralphs Grocery Co. here said earnings more than doubled in the first quarter ended April 24 to $8.4 million.Ralphs attributed the earnings jump to an 8.4% increase in operating income, a 2.9% drop...
ARCADIA, Calif. -- Vons Cos. here, which had been searching for a successor to Roger Stangeland as chairman for several months, caught the industry by surprise when it announced in April the hiring of two of the top...
TOLEDO, Ohio -- Meijer Inc. has been hit by a strike at four stores here that has resulted in union-related picketing at 14 of the company's other outlets across southern Michigan, Ohio and Indiana.The Todedo strike...
LANDOVER, Md. -- Giant Food here said soft same-store sales, lower gross margins and higher expenses resulted in an earnings decline of 23.3% for the first quarter ended May 21. Sales for the 12-week quarter rose 2%...
SYRACUSE, N.Y. -- Penn Traffic Co. here reported record sales, cash flow and operating income for the first quarter ended April 30.Cash flow increased 6% to $55.1 million, while operating income rose 5.8% to $33.4...
GREAT FALLS, Mont. -- Buttrey Food & Drugs here is taking steps to counter the erosion of sales resulting from new shopping options in its markets. Joseph B. Fernandez, president and chief executive officer, told the...
SCARBOROUGH, Maine -- Hannaford Bros. here is negotiating a purchase of "certain supermarkets" in an undisclosed region noncontiguous with its present marketing areas of northern New England and upstate New York. At...
MINNEAPOLIS -- Nash Finch here expects to become "increasingly active in the retail business," Harold B. Finch Jr., chairman and chief executive officer, said at the annual meeting."In addition to attracting new...