Strategy

Jack H. Brown, chairman of the board, president and CEO, has announced that company Founder Cleo Stater passed away on September 9, 2001 at home.

Triversity Inc., a software provider delivering multi-channel, customer-centric solutions for the retail industry, announced a partnership with The MacLaren Group, a provider of customized learning solutions.

The new Food FleetXchange transportation Internet portal launched by Food Distributors International (FDI) and the National Grocers Association (N.G.A.) Aug. 1 is already expanding and adding new services, members of the two food industry associations were told on Sunday during the Midyear Executive Conference.

Nine current and former African-American employees of Harris Teeter Inc. are seeking a class-action racial discrimination lawsuit against the North Carolina-based chain and its parent, Ruddick Corp., according to an article in the Atlanta Business Chronicle.

SeeBeyond, global provider of eBI solutions, on Monday announced that Target Corporation has selected SeeBeyond as its enterprise-wide standard for internal application integration as well as its eBusiness integration needs.

Homeland Holding Corp. announced Tuesday that it will close eight of its most severely under-performing grocery stores as part of a reorganization plan launched a month ago.

Retail giants Kmart Corp., Wal-Mart Stores Inc. and Target Corp. are engaging in a price war prompted by the return of Kmart's famous BlueLight discount campaign. However, Wal-Mart and Target seem to be gaining market share on Kmart due to their retaliatory price cuts.

Pathmark Stores Inc. reports results for its second quarter and six-month period ended August 4, 2001. Sales for the second quarter of fiscal 2001 were $997.7 million, up 7.3% from the $929.6 million in the prior year second quarter.