Retail Financial Archive

Nash Finch Buys Georgia DC for Military Div. 

Dec 18, 2009, By MARK HAMSTRA

MINNEAPOLIS — Nash-Finch Co. yesterday said it has acquired a 400,000-square-foot warehouse facility in Columbus, Ga., for its distribution business serving military commissaries and exchanges. ...

Moody's Lowers Supervalu Debt to Negative 

Dec 18, 2009, By ELLIOT ZWIEBACH

NEW YORK — Moody's Investor Service here said yesterday it is lowering the rating outlooks for the debt of Supervalu and its subsidiaries to negative from stable....

Giant: Ukrop’s Changes Will Be Gradual 

Dec 18, 2009, By JON SPRINGER

RICHMOND, Va. — Giant-Carlisle pledged Thursday that it would tread lightly regarding changes to the Ukrop’s stores it was buying, but said that the name and policies of the iconic grocer here would continue “for the time being.”...

Stater Q4 Earnings Dip, Sales Flat 

Dec 18, 2009, By ELLIOT ZWIEBACH

SAN BERNARDINO, Calif. — Stater Bros. Holdings here said earnings fell and sales were up less than 1% for the year and fourth quarter that ended Sept. 27....

Unified Earnings, Sales Drop for Fiscal Year 

Dec 18, 2009, By ELLIOT ZWIEBACH

LOS ANGELES — Unified Grocers here said yesterday the general economic slide resulted in lower earnings and sales for the fiscal year that ended Oct. 3....

Giant-Carlisle to Acquire Ukrop’s 

Dec 17, 2009, By JON SPRINGER

RICHMOND, Va. — Ukrop’s Super Markets, the family-owned chain that became a local institution and an industry icon, is being acquired by Ahold’s Giant-Carlisle division, the chains said today. Ahold said it would pay about $140 million for 25 stores and one new location....

M-C McLane Changes Name to Reflect Strategies 

Dec 17, 2009

HOUSTON — M-C McLane International here said yesterday it is changing its name to McLane Global — Trading, Logistics and Sales to reflect its burgeoning global business and other long-term growth strategies....

Union Market Sets New Opening 

Dec 17, 2009

NEW YORK — Union Market, a specialty grocer based based in Brooklyn, is to open its third location in the Cobble Hill neighborhood next week. ...

Colo. Safeway Workers in Limbo After Rejecting Deal 

Dec 17, 2009, By JON SPRINGER

DENVER — A day after workers in Colorado turned down a contract offer from Safeway — but accepted a virtually identical deal from King Soopers — it was unclear what their next step would be. ...

Colo. Safeway Workers Reject Deal; King Soopers Workers Give OK 

Dec 16, 2009, By JON SPRINGER

DENVER — Safeway employees in Colorado said Tuesday that they have voted to reject the retailer’s “last, best and final” contract offer and that they will ask the company to return to the bargaining table for a fifth time. ...

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