Greg Gattuso

NEW YORK -- Prescriptions will play a key role in American Stores' growth in 1998, said Vic Lund, the company's chairman and chief executive officer.Speaking here at the Donaldson Lufkin & Jenrette Food and Drug...

WAYNE, N.J. -- Grand Union Co. here said it will not make a $36 million interest payment that is due next Monday.The chain said it will instead use its 30-day grace period to negotiate a capital restructuring with its...

OKLAHOMA CITY -- Homeland Stores here has named David B. Clark president and chief executive officer, filling a void created when chairman, president and CEO James Demme left the company last September to head Bruno's...

RESTON, Va. -- The National Grocers Association here expects this week's annual convention in Las Vegas to be its largest ever. But more importantly, it will be "more interactive than ever before," said Thomas K...

WAYNE, N.J. -- Grand Union Co. here said last week it has retained financial adviser Salomon Smith Barney, New York, to evaluate financial alternatives that might include a capital restructuring.J. Wayne Harris, Grand...

BIRMINGHAM, Ala. -- Bruno's here said it will sell 13 Atlanta-area supermarkets to Ingles Markets, Black Mountain, N.C., and exit the central and northern Georgia markets."Atlanta is a highly competitive area," Bruno...

The contentious 15-day strike against Atlanta-based United Parcel Service this summer slowed many businesses to a halt.But in the food industry, early settlements, fast resolutions and perhaps a greater understanding...

LUBBOCK, Texas -- In the latest chapter of a bitter legal dispute between Fleming Cos., Oklahoma City, and David's Supermarkets, Grandview, Texas, a federal judge here threw out Fleming's defamation case against David...