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As we embark on the week of New Year's Day, I'm glad to report that I haven't heard too much about New Year's resolutions. That's good: The less that's promised, the smaller is the scope for disappointment.But there's one industry issue that...
ZAANDAM, Netherlands -- As expected, the Stop & Shop Cos. acquisition hoisted third-quarter and year-to-date results at Ahold here, but industry observers wonder how shifts in U.S. operations will affect the Dutch retailer's near-term performance...
CHESHIRE, Conn. -- Intercontinental Holding Co., a recently formed independent operator and affiliate of Bozzuto's here, got its holiday wish.giving and Christmas rush.The Federal Trade Commission approved a divestiture application last month for...
Ahold, Zaandam, the Netherlands, plans to set up a $1 billion multicurrency revolving credit facility to refinance debt it assumed in its acquisition of Stop & Shop Cos., Quincy, Mass. The new seven-year facility would replace the current one. The...
NEW YORK -- Ahold USA will evaluate options including banner and merchandising changes for its Maple Heights, Ohio-based Finast chain as part of its recently announced divisional reorganization, Robert Zwartendijk, president and chief executive...
ZAANDAM, Netherlands -- Ahold here last week entered a joint venture to operate supermarkets and hypermarkets in Brazil.tent to jointly develop further food retail operations in northeastern Brazil. Under the deal, Ahold would acquire 50% of the...
WINDSOR LOCKS, Conn. -- Edwards Super Food Stores here is slated to open its last group of converted Melmarkets' Foodtowns in Long Island, N.Y., this week.Edwards, a subsidiary of Dutch-based Ahold, plans to open four stores, in Hewlett, East...
DRESDEN, Germany (FNS) -- Retailers are adopting more policies designed to protect the environment but at the same time consumers are becoming less passionate about "green" issues, according to speakers at the third CIES International Conference...
WINDSOR LOCKS, Conn. -- Having rolled out electronic shelf labels in Connecticut, Edwards Super Food Stores here will take the technology into another state with a minimum $3.3 million investment in 30 stores.Eight stores outside Connecticut are...
LANCASTER, N.Y. -- Tops Markets' new distribution center here, the subject of intense speculation by nearly all segments of the industry for well over a year, has begun accepting, sorting and shipping products.The facility, which opened this month...