Many food retailers around the United States are reporting good sales this holiday season, fueled by value pricing, promotions and a customer base that has been refraining from travel in the wake of Sept. 11.Some...
FLORIDA, N.Y. -- Big V Supermarkets here last week announced it has entered into a preliminary agreement that would lead to its acquisition by its wholesale supplier Wakefern Food Corp., Elizabeth, N.J. The purchase...
FORT COLLINS, Colo. -- Steele's Markets here, after 60 years in business, was scheduled to close its two remaining stores yesterday.The company recently underwent a reorganization as part of Chapter 11 bankruptcy...
AUSTIN, Texas -- Whole Foods Market here said last week its natural foods format will not be affected by a slowing economy, citing strong fourth-quarter, comp-store sales growth to support its confidence.John Mackey...
VIRGINIA BEACH, Va. -- Less than three years after taking the job as president and chief operating officer of Farm Fresh here, Ron Dennis has turned a company in the midst of bankruptcy into a top competitor.Dennis...
WEST BERLIN, N.J. -- Union members at 10 southern New Jersey ShopRites ratified a new four-year contract last week, ending a seven-week strike.The workers, represented by the United Food and Commercial Workers Local...
COLUMBUS, Ohio -- The current economic downturn will result in lowered sales growth for all retail sectors, according to analysts with Retail Forward here. However, the analysts also noted that supermarkets and mass...
NEW YORK -- Safeway, Pleasanton, Calif., said last week it has lowered its earnings expectations for the next five years by 2%.Steve Burd, chairman, president and chief executive officer, told the company's annual...
SAN FRANCISCO -- More than 28,000 supermarket employees represented by eight local chapters of the United Food and Commercial Workers Union last week voted to accept the "last and final offer" from Safeway, Pleasanton...
WASHINGTON -- Leaders of several food industry associations presented Congress last week with divergent views on the need to create a single federal agency to oversee food safety.Tim Hammonds, president and chief...