AUSTIN, Texas -- Whole Foods Market here said last week it has agreed to acquire the four-unit Nature's Heartland chain in the Boston area for approximately $25 million in cash.John Mackey, chairman and chief...
KANSAS CITY, Kan. -- Associated Wholesale Grocers here said last week it has signed a letter of intent to acquire the assets of Affiliated Food Stores, Tulsa, Okla.AFS will hold a series of meetings over the next few...
SALT LAKE CITY -- When American Stores Co. here closes its merger with Albertson's, Boise, Idaho, 18% of its 121,000 work force will not be making the trip north, the company said.In a recent conference call with...
SALISBURY, N.C. -- Food Lion here has signed an agreement to purchase 30 shuttered Farmer Jack stores in Virginia from A&P, Montvale, N.J., the company said.The move would strengthen Food Lion's dominant position in...
FLORIDA, N.Y. -- Big V Supermarkets here has named retail discount store veteran Mark S. Schwartz the company's new president and chief executive officer, effective March 22.Schwartz succeeds Joseph Fisher, who left...
ANCHORAGE, Alaska -- A potential roadblock to the acquisition of Carr Gottstein Foods here by Safeway, Pleasanton, Calif., was lifted when the Alaska Public Interest Research Group settled a lawsuit against the...
VERNON, Calif. -- Smart & Final here is in technical default on a loan payment to its majority shareholder. However, the company said last week the creditor is waiving the default in anticipation that several...
Supervalu Stresses GrowthSupervalu, Minneapolis, will grow its retail and food distribution business through acquisitions and new store openings, said Michael Wright, president, chairman and chief executive officer...
Food Lion Stressing Sales and PricesTwo of the main objectives for Food Lion, Salisbury, N.C., in fiscal 1999 are maintaining its reputation as a low-price leader and increasing same-store sales by at least 2.2%.The...
Top supermarket companies have found a winning formula for growth and they seem to be sticking with it. Major industry players reported that more of their 1999 capital-expenditure dollars would be spent on store...