Many leading supermarket chains achieved good results during the second half, particularly companies that had already been showing upward momentum.A survey of the top 20 supermarket chains with publicly traded equity...
CHARLOTTE, N.C. -- Harris Teeter here is slated to expand into Nashville, Tenn., and reportedly is eyeing the Jacksonville, Fla., market.The upscale supermarket chain is close to signing a lease for a store in...
NORFOLK, Va. -- Camellia Food Stores here is reorganizing around an exclusively retail operation.Guy R. Sykes, named president and chief executive officer last May, said Camellia is concentrating on upgrading its...
LAKELAND, Fla. -- A judge in U.S. District Court in Tampa, Fla., ruled last week that a sexual discrimination lawsuit filed against Publix Super Markets here could proceed as a class action suit.Barry Goldstein, a...
QUINCY, Mass. -- Stop & Shop Cos. here last week agreed to sell stores to two of its New England competitors: Shaw's Supermarkets, East Bridgewater, Mass., and Star Market, Cambridge, Mass.Star is buying four stores ...
RICHMOND, Va. -- Ukrop's Super Markets here unveiled a wide-ranging expansion program that will take it into new markets and improve its position against both supermarkets and restaurants.The program will enable Ukrop...
VERNON, Calif. -- Smart & Final Inc. here reached the billion-dollar mark in the year ended Dec. 31 when sales jumped 22.8% to $1.17 billion.Earnings rose 27% for the quarter and 4.6% for the year. The company took a ...
NEW YORK -- Grand Union Co., Wayne, N.J., has been reincarnated into a "maniacally customer focused" company that is "paranoid about becoming an efficient, low-cost operator," said Chairman Roger Stangeland in a...
Many major supermarket companies are spending more on capital expenditures this year but earmarking funds very prudently.Some companies are significantly ramping up funding, such as a 38% gain at A&P and a 20%...
TORRANCE, Calif. -- Bristol Farms, a four-unit gourmet food retailer here, recently opened one new store and plans to build at least two more.The new store opened in Woodland Hills, Calif., said Louis Kwicker...
