ZAANDAM, Netherlands -- Ahold here last week said its internal forensic accounting investigation uncovered an additional 73 million euros (about $85 million) of intentional accounting irregularities related to...
BERKELEY, Calif. -- Grocery Outlet here is taking its discount food concept east to Texas, where last week it received bankruptcy court approval to acquire 16 Yes!Less stores from Fleming Cos., Dallas.The terms of the...
DALLAS -- The announcement by Fleming Cos. here that it was considering divesting part or all of its remaining business and shuttering three more divisions is having repercussions throughout the independent and...
DETROIT -- A&P's Farmer Jack division here is planning to convert its stores to an everyday low price, or EDLP, format, according to a local press report last week.A spokeswoman for Farmer Jack said the company "had...
CHICAGO -- Dollar stores are becoming an increasingly potent channel of competition for traditional supermarket operators because of their low operating costs, widespread consumer acceptance, and growing focus on...
PITTSBURGH -- Forging steel is second nature in this rugged city, but can the region's dominant supermarket chain forge a new brand?Giant Eagle is stoking its furnace for this particular endeavor. But rather than...
JACKSONVILLE, Fla. -- Winn-Dixie has never been known as an upscale food-shopping destination, but when the company decided to downscale its format in the Atlanta market two years ago, it apparently struck a chord...
BATAVIA, Ill. -- The efficiency for which German engineering is renown is evident in the food-retailing model of Aldi, the global limited-assortment chain that makes its U.S. headquarters here.Essen, Germany-based...
MINNEAPOLIS -- Nash Finch Co. here said last week that same-store sales in the fourth quarter of last year fell 11.7% amid a difficult economic and competitive environment.In an earnings call discussing its long...
BENTONVILLE, Ark. -- Wal-Mart Stores here last week slightly reduced its projections for new Neighborhood Market stores this year because it is devoting more resources to its supercenters.The company said it would...
