NEW YORK — Private equity firm AUA Private Equity Partners here said it has completed a recapitalization of Associated Food Holdings that will allow the company to accelerate new store growth and increase financing to its operators for remodeling and expansion.
SALISBURY, N.C. — Making his first public pronouncements since taking charge of Delhaize America four months ago, Roland Smith pledged to accelerate the repositioning of Food Lion; increase price competitiveness at Hannaford; and optimize the Bottom Dollar format.
SALISBURY, N.C. — Food Lion officials said Thursday that the chain was discontinuing a test of reducing promotions in favor of lower shelf pricing launched late last year in the dairy and frozen departments of some stores.
SPRINGFIELD, N.J. — Strong sales at stores that reopened quickly following Hurricane Sandy helped Village Super Market here post a 5.4% sales increase during the second quarter, the retailer here said Wednesday.
NEW YORK — Fairway Market posted a net loss of $56.1 million while sales improved by 19.3% through the first three quarters of its fiscal year, the retailer here said in a filing with the Securities and Exchange Commission.
AMSTERDAM — Ahold here on Thursday said writedowns for pension funds and technology investments contributed to a decline in net income for the fourth quarter and fiscal year, but the company highlighted sales and market share gains in what it described as a tough operating environment.
CHESAPEAKE, Va. — Dollar Tree net earnings improved by 10.2% in the fourth quarter, helped by sales growth, cost reductions, a slight improvement in margins and the effect of an extra week in the selling period, the company here said Wednesday.