Retail Financial Archive

Portland Union, Grocers Agree on New Deal 

PORTLAND, Ore. — Union workers at Albertsons, Fred Meyer and Safeway stores here have reached a tentative agreement with the chains on a four-year contract....

Supervalu to Consolidate Western Procurement 

MINNEAPOLIS — Supervalu here said it plans to consolidate its five Albertsons meat and grocery procurement offices into a single regional procurement department in Fullerton, Calif., and plans to shift most responsibility for produce at Albertsons to W. Newell in Champaign, Ill....

Bashas' Files Preliminary Reorganization Plan 

CHANDLER, Ariz. — Bashas' here has submitted a plan of reorganization to the U.S. Bankruptcy Court in Phoenix that will be looked over by its various debtor groups for possible changes before a final plan is drawn up, according to the chain. ...

Meijer’s Smaller Concept Debuts; 2nd Is Planned 

NILES, Ill. — Meijer’s smaller grocery-focused store had its grand opening here Tuesday, the same day the retailer announced plans to build another store like it in nearby Orland Park, Ill. ...

Full Plate: This Year's Legislative Outlook 

With the massive health care legislation inching toward completion, the government will soon have a window of opportunity to focus on other issues of...

Macheras Appointed to Delhaize Executive Board 

BRUSSELS — Delhaize Group here on Friday said that Kostas Macheras has been appointed its to executive committee. ...

Nash Finch to Take Retail Writedown 

MINNEAPOLIS — Nash Finch Co. here on Friday said is would record a significant writedown of goodwill in its retail segment following "soft" fourth-quarter sales. ...

WGA Names Award Winners 

ARLINGTON, Va. — The Women Grocers of America here has named the winners of its Woman of the Year Award and its Lifetime Achievement Award. ...

Brookshire Exits Jackson Market 

JACKSON, Miss. — Brookshire Grocery Co. plans to exit this market through the sale of two of its stores here and the closure of two others, the company confirmed Thursday. ...

Fairway Completes $114 Million Debt Financing 

NEW YORK — Fairway Market parent company Sterling Investment Partners Thursday said the local food retailer has completed a $114 million debt financing. ...

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