MINNEAPOLIS — Nash Finch Co. here on Thursday said lower gross margins in its military distribution segment and higher operating expenses led to a 62.2% decrease in net earnings in the fiscal first quarter....More
FORT LEE, Va. — Workers at the 247 military supermarkets around the world are facing pay cuts of up to 20% as the Department of Defense explores the possibility of further cuts due to sequestration, a top executive told SN last week....More
With its acquisition of two local chains in the Omaha, Neb., market last year, Nash Finch has positioned itself as the No. 1 retailer in the market just ahead of a planned incursion by Wal-Mart’s Neighborhood Market banner....More
MINNEAPOLIS — The budget cuts known as sequestration that took effect on Friday have already been impacting wholesaler Nash Finch, the company said....More
LAS VEGAS — In-store butchers who talk directly with customers give them a reason to come back, according to panelists at a workshop session during the 30th annual National Grocers Association Show here....More
The impact of the restoration of the Social Security tax and the potential for merger-and-acquisition activity are “wild cards” facing the supermarket industry in 2013, as one analyst described the situation....More
NEW YORK — Moody’s Investors Service here said concerns over Nash Finch Co.’s military supply business and its independent customer base have prompted the debt-ratings agency to lower its outlook for the company....More
SN’s Spotlight on Deli/Fresh Meals series profiles large chains and independent retailers who show innovation in their deli and fresh meals departments. Click Here