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Retail (Grocery) News
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1. Fresh Brands Posts 1Q Profit of $197.7M - AP - Thu May 26, 2005
Supermarket operator Fresh Brands Inc. on Thursday posted a small first-quarter profit after recording a loss a year ago from closing and selling some of its stores.
2. Judge Clears Way for Grocery Strike Suit - AP - Wed May 25, 2005
A federal judge ruled Wednesday that California authorities can proceed with an antitrust lawsuit against three grocery chains over a profit-sharing pact they forged during a prolonged labor strike-lockout.
3. Safeway to Pay Quarterly Dividend - AP - Wed May 25, 2005
Supermarket chain Safeway Inc. on Wednesday declared its first quarterly dividend since it re-emerged as a public company in 1990.
4. Dynamic Payment Ventures, Inc. Announces Exclusive Agreement With SYSCO Corporation and $3 Million Financing - PR Newswire - Wed May 25, 2005
Dynamic Payment Ventures, Inc. , a supplier of payment processing services and loyalty programs to the restaurant industry, announced today that it has entered into a long-term extension of its exclusive agreement with SYSCO Corporation, the largest marketer and distributor of foodservice products in North America.
5. Henry's Farmers Market to Hire up to 100 Employees for New Glendale Store - PR Newswire - Wed May 25, 2005
Henry's Farmers Market, a fresh foods grocery store and leading resource for produce and natural foods, announced plans to hire up to 100 full and part-time employees for its new Desert Glenn store located at 5350 W.
6. Kroger Contributes $126 Million to Communities and Charitable Causes in 2004 - PR Newswire - Wed May 25, 2005
The Kroger Co. today announced that it contributed nearly $126 million to local communities and non-profit organizations in 2004 as part of its "Neighbor to Neighbor" charitable giving program.
7. Market Pulse: A&P takes charge to pull retail index higher at open - at MarketWatch - Mon May 23, 2005
8. Sysco to Buy Florida-Based Royalty Foods - AP - Fri May 20, 2005
Sysco Corp., North America's largest foodservice distributor, on Friday said it agreed to acquire Royalty Foods Inc., a specialty meat distributor in Orlando, Fla.
9. Market Pulse: Sysco unit to buy Royalty Foods for undisclosed price - at MarketWatch - Fri May 20, 2005
10. Kroger Narrows Its Fourth-Quarter Loss - AP - Fri Apr 15, 2005
Kroger Co. on Friday said its fourth-quarter loss was smaller than previously reported, after the supermarket operator lowered the amount of a goodwill impairment charge due to an accounting change.
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