Retail Financial Archive
Fantozzi Promoted to EVP, COO at White Rose
CARTERET, N.J. — Wholesaler White Rose Foods here said it has promoted Joseph Fantozzi to executive vice president and chief operating officer. ...
Whole Food Stock Falls Following Downgrade
NEW YORK — Shares of Whole Foods Market, Austin, Texas, fell about 5% — to close at $39.12 Friday following a negative overview of the company's prospects by Meredith Adler, an analyst with Lehman Bros. here. ...
Wal-Mart’s Asda Employees Earn Christmas Bonus
LONDON — On the heels of what its chief executive called its “best ever” holiday season, employees of Wal-Mart’s Asda chain here will share in a bonus pool worth more than $30 million (U.S.), Asda said....
Kroger, Memphis Employees Reach Agreement
MEMPHIS — Kroger Co. has reached a tentative agreement on a new contract for 7,500 of its workers represented by United Food and Commercial Workers Local 1529 here....
Penton Media Announces Supermarket News Promotions
NEW YORK — Jerry Rymont has been named publisher of Supermarket News (SN) by its parent company Penton Media, which is based here....
Stater to Begin Shipments From New Facility
SAN BERNARDINO, Calif. — Stater Bros. Markets here expects to begin shipments early next month from its new dry grocery distribution center, with shipments from its new refrigerated facility scheduled to begin in early August, Jack Brown, chairman and chief executive officer, said yesterday. ...
Economic Stimulus Includes Rebates, Investment Incentives
WASHINGTON — President Bush signed a $152 billion economic stimulus package yesterday that includes tax rebates for consumers and incentives for businesses to invest. ...
AG Acquisition Boosts Unified’s 1Q Results
LOS ANGELES – Unified Grocers here said yesterday the acquisition of Associated Grocers, Seattle, resulted in a sharp increase in sales and operating income for the first quarter, which ended Dec. 29. ...
Smith Promoted at Sweetbay
TAMPA, Fla. — Sweetbay Supermarket here said yesterday that Steve Smith has been promoted to senior vice president of merchandising. ...
Nash Finch Pleased With Consumer Feedback Tool
MINNEAPOLIS — Nash Finch Co. here said yesterday it is pleased with a consumer feedback tool it implemented at its 57 corporate stores in December. ...
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