Supermarket News

Glen A. Beres

Articles by Glen A. Beres

RICHFOOD VOLUME, EARNINGS CLIMB AT DOUBLE-DIGIT RATE

MECHANICSVILLE, Va. -- Richfood Holdings here reported double-digit gains in sales and net earnings for the second quarter and half-year ended Oct. 14.For

CO-OP WHOLESALERS' NET UP, COSTS DOWN: STUDY

WASHINGTON -- Cooperative wholesalers managed to increase net income, reduce costs and use assets more efficiently in 1994 -- despite essentially flat

HANNAFORD BROS. REPORTS EARNINGS, VOLUME INCREASES

SCARBOROUGH, Maine -- Hannaford Bros. here reported increased sales and earnings for the third quarter and nine months ended Sept. 30.For the quarter,

SMITH'S TO LEASE FACILITY TO RALPHS

SALT LAKE CITY -- Smith's Food & Drug Centers here said it has reached an agreement to lease its Riverside, Calif., distribution center and dairy facility

GROWING WEIS

SUNBURY, Pa. -- Spurred by economic conditions and competition -- and fueled by success -- Weis Markets here is in the midst of the most dramatic growth

SMITH'S REPORTS DECLINES IN SAME-STORE SALES, NET

SALT LAKE CITY -- Smith's Food & Drug Centers here said competitive store openings in most of its markets and aggressive price competition in recession-plagued

WEIS RESULTS INCREASE FOR SIXTH PERIOD IN ROW

SUNBURY, Pa. -- Weis Markets here reported its sixth consecutive quarterly sales and earnings increase in the period ended Sept. 30.For the third quarter,

BIG D CHAIN TO BE SOLD TO PRICE CHOPPER

SCHENECTADY, N.Y. -- Price Chopper Supermarkets here last week entered into a definitive agreement to purchase the 12-store Big D chain from Wonder Market

KROGER CITES EXPANSION, EFFICIENCY AS NET SOARS

CINCINNATI -- Kroger Co. here said accelerated store construction, productivity and technology improvements, coupled with cost reductions in procurement

BOARDS OK RICHFOOD PURCHASE OF SUPER RITE

MECHANICSVILLE, Va. -- Richfood Holdings' acquisition of Super Rite Corp., Harrisburg, Pa., is expected to be completed this week following approval by

INDUSTRY EXECUTIVES URGE MAJOR GOVERNMENT REFORM

WHITE SULPHUR SPRINGS, W.Va. -- For the food industry to continue to thrive into the next century, it will need a leaner, less intrusive government that

FLEMING CEO DETAILS PROGRESS IN RETOOLING

WHITE SULPHUR SPRINGS, W.Va. -- Nine months into an ambitious reengineering program, Fleming Cos., Oklahoma City, has already retooled 11 of 35 distribution

BLAZER GIVES UP HARRY'S PRESIDENT AND CEO POSTS

ATLANTA -- Harry Blazer, founder of Harry's Farmers Market here, relinquished his duties as president and chief executive officer last week.Blazer, the

INGLES SAYS EXPANSION HURT 3RD-QUARTER PROFITS

BLACK MOUNTAIN, N.C. -- Ingles Markets here said an aggressive store expansion program had a negative impact on earnings for the third quarter and nine

EARNINGS OFF AT SMART & FINAL

VERNON, Calif. -- Smart & Final here said sales rose for the second quarter and first half ended June 18, but earnings decreased in both periods due to