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  • Sobeys to Divest its Foodservice Operations and Form Alliance With Sysco

    STELLARTON, NOVA SCOTIA and TORONTO, ONTARIO - Sobeys Inc., Canada's second largest retail grocer and distributor, announced today that it has entered into a definitive agreement to sell substantially all of the assets of its SERCA foodservice operations to SYSCO Corporation, the largest foodservice marketing and distribution company in North America.
  • Tyco Healthcare Buys Diaper Maker

    NORCROSS, Ga. - Tyco International said today its health care division is buying Paragon Trade Brands Inc., the largest generic maker of disposable diapers in the United States and Canada, for $565 million, The Associated Press reports.
  • Transora Lays Off 15% of Workforce, Says Merger Possible

    CHICAGO - Transora, the business-to-business online exchange that links manufacturers, suppliers and retailers in food, beverage and packaged goods industries among others, has laid off about 15 percent of its work force, and its CEO says a merger with another exchange is a possibility, the Chicago Sun-Times reports.
  • UK's Iceland to Change Name

    LONDON - UK frozen foods retailer Iceland said today it would resume dividend payments and change its name to The Big Food Group, the Financial Times reported.
  • Kmart Extends Fleming Contract

    CHICAGO - Kmart Corp. on Tuesday said its contract with grocery wholesaler Fleming Cos. will be expanded, Reuters reported.
  • Winn-Dixie Considers Warehouse Stores in Atlanta

    ATLANTA - Winn-Dixie may turn at least some of its 40 metro Atlanta locations into Save Rite warehouse stores as Cub Foods closes its Georgia stores, the Atlanta Journal-Constitution recently reported.
  • King's Hawaiian Completes Sale of Frozen Foods Unit To Pinnacle Foods Corp.

    TORRANCE, Calif. - King's Hawaiian Enterprises Inc. has completed the sale of its frozen foods unit to Florida-based Pinnacle Foods Corporation. The terms and value of the transaction were undisclosed.
  • Study: Supermarkets Fast Becoming One-Stop, Whole Health Solution

    WASHINGTON - American consumers believe that the food they eat can make a significant difference in their health, but many admit that their own diet needs improvement, according to Shopping for Health 2001, just released by the Food Marketing Institute (FMI) and Prevention magazine.
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