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Associated Food Stores will vault to the top of the market-share rankings in Salt Lake City with the acquisition of 36 Albertsons stores from Minneapolis-based Supervalu. But the addition of the stores is a mixed blessing for independent retail...
It didn't take long for Craig Herkert, Supervalu's new chief executive officer, to pull the trigger on divesting some of the company's assets. Just two months into his new role, Herkert last week announced that Supervalu, struggling amid declining...
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE THURSDAY, JULY 30, 2009 MARKET SUMMARY gainers 11 losers 13 unchanged 0 MOST ACTIVE BY VOLUME Wal-Mart 56,491,947 Kroger 33,178,324 Safeway 29,492,970 AS PERCENTAGE OF SHARES...
Albertsons is the X factor in Southern California. While Ralphs and Vons continue to slug it out in a seesaw battle for market-share leadership, Albertsons is struggling for a more secure foothold and Stater Bros. Markets is trying to chip away at...
Supervalu yesterday said that Larry Wahlstrom
would retire as president of the company’s Shaw’s division, based here, to
be succeeded by Mike Witynski.
Ukrop's, the iconic family-run supermarket chain founded 72 years ago, could be sold within weeks, sources told SN last week. The family that runs the 28-store chain has been in talks with multiple bidders, a source said. Talks began when Ukrop's...
ACME, WORKERS AGREE TO NEW DEAL PHILADELPHIA Union workers at Acme stores last week voted to approve a new contract, ending 18 months of tense negotiations. The new contract runs through February 2012 and covers 4,000 workers at 40 stores...
Nutrition iQ — Supervalu’s color-coded shelf-tag program that helps consumers identify healthier food choices — has been extended to 73 Cub Foods stores in Minnesota, Iowa, Wisconsin and Illinois, the retailer here said.