ZAANDAM, Netherlands -- Ahold here last week publicly denied rumors of accounting irregularities that battered the company's share price on the Amsterdam exchange late last month.Speaking at a press conference here...
MINNEAPOLIS -- Supervalu here and American Foods Group, a Green Bay, Wis.-based meat company, have settled with the parents of Sonja Pearson, a young girl who became seriously ill after eating E. coli-contaminated...
NEW YORK -- Kroger Co., Cincinnati, continues to say it will cut costs and reinvest the money it saves to grow sales.Mark Schlotman, Kroger's chief financial officer, spoke here earlier this month at the Food and Drug...
A&P, Montvale, N.J., said it is looking to grow profits in 2002 by increasing the penetration of private-label brands."It is within our ability to drive penetration to at least 15%" from its current level of 12%, Beth...
Independent wholesalers and retailers should take inspiration from this year's Super Bowl victory by the New England Patriots, according to Jay Campbell."They weren't even supposed to be on the field," the president...
NEW YORK -- Fleming, Dallas, said it will be able to respond flexibly to decisions made by its supply customer Kmart, as the Troy, Mich.-based retailer reveals how it intends to restructure its business (see related...
TROY, Mich. -- Kmart Corp. here said last week it is putting supercenters under their own division, effective immediately, as the company restructures its store operations in its effort to emerge from bankruptcy.The...
JACKSONVILLE, Fla. -- Winn-Dixie Stores here said last week eliminating unprofitable departments and items enabled the company to boost profits despite flat overall sales and declining same and comparable-store sales...
NEW YORK -- Kmart's equity value fell precipitously last week when a major research firm issued a rare "sell" rating and predicted the discounter faces tough economic times ahead, which could jeopardize its...
SPRINGDALE, Ark. -- Tyson Foods here and six employees were named in a 36-count indictment charging the world's largest poultry processor with conspiracy to smuggle illegal immigrants into this country for the purpose...