Strategy

INDIANAPOLIS, Sept. 21, 2001 (PRIMEZONE) -- Marsh Supermarkets, Inc. (Nasdaq:MARSA - news; Nasdaq:MARSB - news) announced today that it has entered into an agreement to sell the assets of Convenience Store Distributing Company (CSDC) to McLane Company, Inc.

Dairy Mart Convenience Stores, Inc. said today that it and substantially all of its subsidiaries filed voluntary petitions for protection under chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. During the chapter 11 process, Dairy Mart and its stores will continue to operate normally.

Two of the food industry's top consultants have announced that they'll join forces to conduct a study that will result in the foodservice industry's first comprehensive evaluation and modeling of the supply chain.

JACKSONVILLE, Fla., Sept. 24 /PRNewswire/ -- Jacksonville, Fla.-based Winn-Dixie Stores, Inc. (NYSE: WIN - news) willrollout a multi-million dollar ad campaign in 14 states to communicate a new ``Real Deal'' brand position.

Webvan Group Inc. announced on Friday that it has entered into a $2.5 million contract for the sale of its technology platform to Mercury Acquisitions Corporation, a company controlled by Webvan's founder, Louis Borders.

Priceline.com chairman and CEO Richard S. Braddock announced on Friday that he has cancelled plans to sell shares of priceline.com stock over the next 12 months and has elected instead to purchase 750,000 additional shares through the exercise of stock options.

The terrorist attacks on the World Trade Center and Pentagon have caused consumers in the Northeast to forego eating in restaurants and return to supermarkets, increasing sales of home meal replacement items and comfort foods.

Beleaguered British retailer Marks & Spencer is expected to finalize the sale of its upscale U.S. grocery division Kings Super Markets, as well as its Brooks Bros. clothing stores, in October.