The Securities and Exchange Commission appears to be taking a closer look at the vendor-related accounting practices of food-distribution companies through informal inquiries it launched earlier this month into Nash...
BOULDER, Colo. -- Wild Oats Markets here said last week that despite comparable-store sales growth of 5.6% in the third quarter ended Sept. 28, the company was lowering its fourth-quarter comparable-store sales...
ZANDAAM, Netherlands -- Ahold here said late last month that published reports concerning a top company official who violated financial disclosure laws were "very exaggerated."According to the reports, Cees van der...
BOISE, Idaho -- Albertsons here sneezed last week and much of the industry felt a chill.In the late hours of Oct. 30, Albertsons said it was revising its earnings expectations for the third quarter (which ended the...
WASHINGTON -- Look at the public pronouncements on the leading food association Web sites and one would be hard pressed to know who the associations are supporting in this week's hard-fought, too-close-to-call...
GRAND RAPIDS, Mich. -- Spartan Stores here said earlier this month that it separated its retail and distribution management teams during its second quarter ended Sept. 14, a quarter whose earnings performance James...
Frustrated investors are not turning in large numbers to the legal system to make good their losses on Wall Street through shareholder class action lawsuits, attorneys and other experts in the field told SN.In the...
ISSAQUAH, Wash. -- Costco Wholesale Corp. here said last week that it plans next year to build two-thirds of its new warehouse clubs in markets where it currently operates, in marked contrast to its previous strategy...
MINNEAPOLIS -- Supervalu here said last week that roughly half the new distribution business the company picked up in the second quarter (a total of $400 million in annualized sales) came from former customers of its...
DALLAS -- Fleming here said last week it will sell its 110 price-impact stores, a process it expects to begin late this year and complete in early 2003.The move followed several recent developments that have shaken...