GIANT FOOD, Landover, Md., while not giving specifics, said last week that its fourth-quarter results will be "negatively impacted" by the five-week strike of 320 Teamsters, which ended Jan. 19. In a statement, Pete L. Manos, chairman, president and chief executive officer, said the company lost sales during the strike. Also, he said, mild temperatures this year have lowered sales too, as compared with sales during last year's severe weather. The company's detailed quarterly earnings report will be issued in late March.
rmation to the shelf edge and to the point-of-sale system from a central database, thereby ensuring price consistency storewide. Thus far, retailers have focused their ESL installations on stores in Connecticut, the only state that waives item-pricing laws for retailers equipped with the technology.
The FEDERAL TRADE COMMISSION has given Ro-Jack's Food Stores, Mansfield, Mass., (in conjunction with its supplier Supervalu, Minneapolis) approval to purchase six Edwards Super Food Stores in Rhode Island and a Stop & Shop store in Southeastern Massachusetts. Approval is also required by the Rhode Island and Massachusetts Attorney Generals. The deal is part of a divestiture required of Ahold USA after that company's acquisition of Stop & Shop, Quincy, Mass., last year. The new Ro-Jack's stores would double the number of units owned by the company from six to thirteen. The Edwards' supemarkets to be purchased by Ro-Jack's include locations in Providence, Pawtucket, Cranston, Wakefield, Warwick and East Greenwich.