ARTICLES BY THIS AUTHOR
- 8/1/2001
Stater Bros. Holdings Announces 3Q Increase
Jack H. Brown, chairman, president and CEO of Stater Bros. Holdings Inc. announced financial results for the 13-week third quarter and 39 weeks year to date period ended on June 24, 2001. Sales for the third quarter ended June 24, 2001 increased 5.4% to $639.9 million compared to $607.3 million for the 13 weeks ended June 25, 2000. - 8/1/2001
Fleming Reports Second Quarter Adjusted Earnings Up 60%
Fleming Companies Inc. today reported a 59.7 percent increase in second quarter 2001 net earnings to $22.4 million, or $0.46 per share, after adjustments to exclude strategic plan charges and one-time items, compared to$14.0 million, or $0.35 per share, in the second quarter of 2000. Second quarter adjusted operating earnings of $66.1 million increased 20.5 percent from $54.9 million in the prior year. - 8/1/2001
N.G.A., FDI Combine in New Transportation Procurement Service Operated by AmeriQuest
Food Distributors International (FDI) and National Grocers Association (N.G.A.) announced today that they are partnering with AmeriQuest, the transportation and logistics company based here, to launch a new buying service that will save member companies that operate truck fleets millions of dollars in lower prices and new efficiencies. The new service, www.foodfleetxchange.com, opened for business today. - 8/1/2001
FTC Gives Merger of PepsiCo and Quaker Unconditional Clearance
PepsiCo and The Quaker Oats Company said today they have received unconditional clearance from the Federal Trade Commission to merge. With the last remaining regulatory hurdle to the transaction removed, they intend to complete the transaction within the next several business days. - 7/31/2001
Unified Western Grocers Selects viaLink's Data Synchronization Service
The viaLink Company today announced that Unified Western Grocers, Inc., the largest retailer-owned grocery wholesaler in the Western United States, has selected viaLink's syncLink service to synchronize product, price and promotion data with its trading partners. - 7/30/2001
International Multifoods Expects FTC Review of General Mills-Pillsbury Merger to be Extended
International Multifoods Corp. today said that it expects the Federal Trade Commission's review of the proposed General Mills-Pillsbury merger and Multifoods' pending acquisition of the Pillsbury desserts and specialty products businesses to extend to the end of September. - 7/30/2001
Pharmacy Industry Leaders Launch Firm to Supply Real-Time Data
In an unprecedented cooperative effort in health-care, 10 leading pharmacy provider companies have formed a new venture, named ArcLight Systems, LLC, that collects and reports up-to-the-minute information on pharmaceutical prescription trends in America. ArcLight ( www.arclightsystems.com ) is based in Dublin, Ohio and Paradise Valley, Nev. - 7/30/2001
Catalina Marketing Expands Relationship with Carrefour Group
Catalina Marketing France, adivision of Catalina Marketing Corporation, has announced that it has signed a contract with Carrefour Group, the second largest retailer in the world, to begin installation of the Catalina Marketing Network(R) in 500 newly converted Champion stores. - 7/30/2001
Ingles Markets Announces Third Quarter Increases in Sales and Earnings
Ingles Markets Inc. today announced increased sales and earnings for the third quarter ended June 30, 2001. Net sales rose 3.3% to $484.7 million for the June 2001 quarter compared with $469.4 million for the June 2000 quarter, while comparable store sales increased 2.2% for the same period. - 7/30/2001
Unilever Completes Sale of Bestfoods Baking Company
Unilever announced today that the sale of the Bestfoods Baking Company to George Weston Limited for $1.765 billion in cash has been completed.