Supermarket/Grocery

BENTONVILLE, Ark. - Wal-Mart Stores Inc. today reported record sales and earnings for the quarter ended October 31, 2001. Net income for the quarter was $1.481 billion, up from $1.369 billion for the similar prior year quarter. Total sales were $52.738 billion, an increase of 15.5 percent over the similar prior year quarter.

SAO PAULO, Brazil - Brazil's largest retailer Companhia Brasileira de Distribuicao (CBD), popularly known as Grupo Pao de Acucar, today finalized negotiations to acquire 100 percent of supermarket chain Supermercados ABC, Reuters reported.

LONDON - Carrefour, the French hypermarket chain, will sign an agreement today with the Chinese State Economic and Trade Commission that will allow it to resume supermarket openings, which have been suspended for six months, the BBC reported.

SEATTLE - Mark S. Hansen, 47, chairman and CEO of Fleming Companies Inc., was elected today to the board of directors of Amazon.com.

NEW YORK - A county commissioner in San Antonio, Texas, on Thursday criticized Albertson's Inc. for closing three of its San Antonio stores on the South Side of town, calling the decision a "planned attack" on the community.

SAN FRANCISCO - DemandTec, provider of Demand Based Management software, on Thursday announced that D'Agostino Supermarkets, a leading New York-based grocery chain, has chosen to implement DemandTec Price Center throughout its entire chain of 23 stores in New York City and suburban Westchester County.

ARLINGTON, Va. - The National Grocers Association announced on Thursday that George Herbert Walker Bush, the 41st President of the United States, is to be the featured speaker at the National Grocers Association's Annual Convention and Concept Show.

ZAANDAM, The Netherlands - Stop & Shop, a leading Ahold supermarket chain, opened a new 'low energy' super store in Foxboro, Mass., today.