WHOLE FOODS MARKET, Austin, Texas, plans to acquire Amrion, a nutraceuticals manufacturer based in Boulder, Colo., in a stock-for-stock transfer merger expected to take place during the fourth quarter.
rter increased 558% to $1.7 million. Since 1996, the company has acquired 19 stores and opened eight new units.
INGLES MARKETS, Black Mountain, N.C., said last week it expects primary earnings per common share for the third quarter ended June 28 to be in the range of 21 to 23 cents, below analysts' estimates of 30 cents per share. Results will be announced next Monday.
DELCHAMPS, Mobile, Ala., said last week sales for the year ended June 28 fell 2.1% to $1.1 billion, while net income rose 106.5% to $8 million. For the 12-week fourth quarter sales declined 6.2% to $266.9 million, while earnings increased 83% to $4.9 million. Same-store sales fell 3.5% for the year and 7.2% for the quarter. The company said year-end results included a $4.3 million pretax loss from the settlement of a lawsuit and a $2.1 million pretax gain from the sale of real property. Jitney-Jungle Stores of America, Jackson, Miss., said it has extended the expiration date of its $30-per-share cash tender offer for shares of Delchamps because of a request by the Federal Trade Commission for additional information under the Hart-Scott-Rodino Antitrust Improvement Act of 1976. The tender, originally due to expire Friday, has been extended until Aug. 25.
RUSSIA'S LARGEST OIL COMPANY, AO Lukoil, said it intends to build and supply 100 new supermarket gas stations by the end of the year -- and 2,000 over the next five years.
