CINCINNATI -- Kroger Co. here last week said Richard L. Bere will retire next month as president and chief operating officer and will be succeeded by David B. Dillon, who runs Kroger's Dillon Cos. unit.In another move...
KOBE, Japan -- Daiei here, Japan's largest supermarket retailer, said the Jan. 17 earthquake in Hanshin was responsible for the company's net loss for the year ended Feb. 28 -- its first net loss since 1988.The loss...
CHICAGO -- Distributors and suppliers who have implemented joint category management programs report an average sales increase of 5% within the category and gross margin increases of 1.2%, according to a progress...
WAYNE, N.J. -- Roger E. Stangeland, the just-retired chairman of Vons Cos., Arcadia, Calif., said he has agreed to become chairman of Grand Union Co. here once it completes its reorganization under Chapter 11 in mid...
CHICAGO -- The supermarket industry has a number of reasons for optimism, despite hefty challenges ahead.The positive signs range from sales data to consumer outlook trends, Michael Sansolo, group vice president of...
The internal overhaul of the grocery industry through re-engineering, restructuring or Efficient Consumer Response initiatives is in full throttle, and there's no end in sight, a variety of industry observers told SN...
SALT LAKE CITY -- American Stores Co. here, which has unveiled a number of new formats lately, is considering a new one geared to fresh foods, a company official told SN.The company is mulling two units -- one in Salt...
BIRMINGHAM, Ala. -- Bruno's here has reached a definitive agreement to be acquired by Kohlberg Kravis Roberts & Co., the New York-based investment firm.The purchase of Bruno's -- for cash and stock totaling about $1.2...
BOSTON -- Stop & Shop Cos. here said last week it has entered into a definitive agreement to purchase Purity Supreme, North Billerica, Mass., for about $255 million.The combined sales of the two chains would be about ...
ARCADIA, Calif. -- The Larry Del Santo era as chairman of Vons Cos. here will begin Wednesday -- at a point in the chain's history when it finds itself on the brink of a full financial recovery.Del Santo will become...