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  • Blue Square Israel moves to loss in Q4

    JERUSALEM - Blue Square-Israel, one of Israel's largest retailers, said on today it moved to a loss in the fourth quarter due to declining sales and write-downs as a result of the domestic recession and increased competition.
  • Barrington Foods Forms Strategic Alliance with Sierra Products Group

    LAS VEGAS --Barrington Foods International, Inc., announced today they have begun a strategic alliance with Sierra Products Group, Inc. Sierra Products Group is an approved vendor for Wal-Mart Stores Inc. and numerous other mass retailers.
  • Banks Back Ahold Unit's Spending Plan-WSJ

    AMSTERDAM -- The U.S. supermarket division of Ahold, the world's number three retailer rocked by an accounting scandal, can proceed with a capital spending plan after creditor banks approved it, The Wall Street Journal reported on Thursday.
  • USDA Increases Security of Food Supply

    WASHINGTON - The Agriculture Department on Tuesday told food processors and farmers to increase security in light of the heightened terror alert.
  • Report: U.S. Foodservice Suppliers Cited Problem

    WASHINGTON - Auditors at Deloitte & Touche became aware of potential accounting irregularities at U.S. Foodservice Inc. after at least two of the company's suppliers disputed rebate figures, the Washington Post reported on Wednesday, citing sources familiar with the situation.
  • Experts Set Global Guidelines for Biotech Food Risks

    YOKOHAMA, Japan - A group of international food experts on Friday agreed on a framework for assessing the risks of biotech foods, establishing global guidelines that could help shape countries' food policies and influence trade disputes, Reuters reports.
  • Commerce Department Chooses Worldwide Food Expo for International Buyer Program

    WASHINGTON - For the fourth consecutive time, Worldwide Food Expo, a trade show sponsored by several leading food industry associations, has been accepted into the prestigious International Buyer Program, sponsored by the U.S. Department of Commerce.
  • Ahold to wipe off $30 billion in sales

    AMSTERDAM -- Ahold, will erase $30 billion in reported sales when it corrects the way it accounts for joint ventures, the Financial Times reported today.
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