CINCINNATI -- Kroger Co. here said last week it has agreed to purchase 74 supermarkets in Texas and Oklahoma from Winn-Dixie Stores, Jacksonville, Fla.Sixty-nine of the stores are in Texas, primarily in the Dallas...
BENTONVILLE, Ark. -- Wal-Mart Stores here said last week it is going to bring its small-store Neighborhood Markets concept to Fort Worth, Texas, with a unit to open by the end of next year.The Fort Worth store is to...
TROY, Mich. -- Kmart Corp. here said it is accelerating its expansion plan -- with 400 stores, including 200 Super Kmart Centers, scheduled to come on line in the next five years.The company's moves, according to...
BELLEVILLE, Ill. -- James R. Gibson, former owner of a now-defunct supermarket chain, National Food Stores, St. Louis, has been accused in a civil suit filed in Circuit Court in Madison County, Illinois, of diverting...
FOSTER CITY, Calif. -- Webvan Group, an Internet grocery company here, said it was postponing its initial public offering, originally scheduled for early last week, in response to concerns raised by the Securities and...
CINCINNATI -- Kroger Co. here is facing challenges around the country as it moves forward in its efforts to consolidate its operations with that of Fred Meyer Inc., Portland, Ore., the 900-store chain Kroger acquired...
WASHINGTON -- The pace of supermarket mergers could be affected by proposed changes in merger and acquisition accounting rules by the Financial Accounting Standards Board.The proposal could help accelerate the pace of...
OKLAHOMA CITY -- Fleming here said it plans to sell 42 supermarkets in Pennsylvania, Maryland and western New York.Also, industry sources told SN that Fleming, which, as previously reported, is planning to move its...
Many retailers around the country are looking to mid-autumn promotions to spur sales after an expected slow beginning to the new season, SN discovered in a survey.Results from the summer were mixed, with some stores...
Supermarket companies were busy last week assisting disaster-relief agencies in providing aid to the victims of Hurricane Floyd and the floods that followed in the storm's wake.A spokesman for the American Red Cross...