Publix Super Markets, Lakeland, Fla., said sales and earnings rose during the second quarter and first half ended June 24. Sales rose 10.8% to $3.5 billion for the quarter and 9.2% to $7.1 billion for the half, while net income was up 10.5% to $128.3 million for the quarter and 15.3% to $270.7 million for the half. Same-store sales for the quarter increased 4.3%, compared with a 2.5% increase in the first quarter.
, beause the cash election was over-subscribed. Those who elected stock will receive 2.9259 Delhaize shares for each Hannaford share they own.
The WorldWide Retail Exchange, London, said last week it has added three new European members: Denmark-based food retailer Dansk Supermarked, U.K.-based electronics retailer Dixons Groups and Germany-based retail and wholesale food cooperative Edeka.
