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Weathering the StormFinancial results among supermarket operators during the second half of 2007 continued their upswing, despite intense pressure from the slumping economy... |
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Tesco's Tune-UpAfter what many observers described as a very slow start in terms of sales volume, Tesco is beginning to make changes in its Fresh & Easy Neighborhood... |
Retail Financial
Premium Content from SN MagazineSafeway Sees Private-Label SurgePLEASANTON, Calif. — Safeway here said last week that growth in corporate-brand sales is outpacing growth in national brands by a factor of 4 to 1 storewide... Failed Merger Hurts Penn TrafficSYRACUSE, N.Y. — Penn Traffic here recorded a loss of $4.8 million for an acquisition that did not materialize, the company said in a conference call discussing... Boom TownsThe subprime mortgage crisis has come to roost for retailers relying on new stores for growth. The slowdown in home sales has slowed migrations to places... Grocery Business Can Touch Lives, Dillon SaysLOS ANGELES — Being a grocer provides a prime opportunity to touch people's lives, David Dillon, chairman and chief executive officer of Kroger Co., Cincinnati, said here this week. ... Sales, Earnings Up; Stock Down at PublixLAKELAND, Fla. — Publix Super Markets here yesterday said its stock price decreased by $1.25 from the fourth quarter although sales and earnings improved.... Leighton Plans to Accelerate Loblaw TurnaroundTORONTO — Allan Leighton, the newly named president of Loblaw Cos. here, in a conference call yesterday unveiled adjustments to the retailer’s ongoing turnaround he said would “signal the ramping up of our recovery program, and add clarity, focus and inject much-required pace to the process.”... A&P-Pathmark Integration on Target: HaubNEW YORK — The integration of Pathmark into A&P’s business is on target to generate $40 million or more in annual cost-of-goods savings, Christian Haub, executive chairman of A&P, Montvale, N.J., said in a presentation here Wednesday.... Niemann Foods Promotes Two ExecutivesQUINCY, Ill. — Niemann Foods here has announced the promotions of Jim Cox to the position of senior vice president and Ron Cook to vice president and director of marketing.... |
advertisement Most Viewed NewsUpcoming EventsDairy Cost Accounting Workshop: May 13-14, International Dairy Foods Association, Embassy Suites Hotel O¹Hare, Rosemont, Ill.; 202.737.4332. The Packaging Summit: May 13-15, Institute of Packaging Professionals, Donald E. Stephens Convention Center, Rosemont, Ill.; 630.544.5050. In This Week's Viewpoints
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