This year food retailers attempted to pick up the pieces from last year's burst Internet bubble.Two of the last remaining companies that did nothing but sell groceries online, the so-called pure-plays, vanished from...
CINCINNATI -- Kroger here said last week it plans to launch an aggressive program to build sales, an effort that will be paid for in part by laying off 1,500 clerical and management employees, mostly in the next year...
FALLS CHURCH, Va. -- Food Distributors International here says recent supplier consolidations and talks of a possible FDI alliance or merger with the Washington-based Food Marketing Institute are not adversely...
ST. LOUIS -- Nearly all supermarket companies fail to include measurements of either customer or employee satisfaction in their bonus/incentive plans for store management personnel, and so are missing a key...
TROY, Mich. -- Kmart Corp. here said last week it is so pleased with its newest store format, which it calls the "in-the-box" supercenter, that it plans to roll out an additional 20 in the next year.The roughly 100...
What effect will the biggest real estate deal of the year in the retail food industry have on the price of prime supermarket locations?In July, Albertson's, Boise, Idaho, said it was going to close 165 stores...
DALLAS -- Fleming here has sent letters to some of its institutional investors urging them to take action to keep their shares of the company out of the hands of "short sellers."Securities analysts told SN Fleming's...
NEW YORK -- Moody's Investors Service here said last week it had placed the debt of Kmart Corp., Troy, Mich., on review for possible downgrade in light of ongoing restructuring initiatives and pressure from a chilly...
PHOENIX -- Southwest Supermarkets here last week filed in U.S. Bankruptcy court here for Chapter 11 relief.In the wake of the bankruptcy, the company is attempting to sell some of its stores to Bashas', Chandler, Ariz...
LOS ANGELES -- Agents from five government agencies late last month seized business records from the Arroyo Grande, Calif., office of Houston-based Encompass Services Corp., a national building management company that...