The retailer-wholesaler posted a record 9.5 percent profit gain for Q1, but is keeping it real with a timid outlook for the balance of fiscal 2009, thanks to economic pressure and rising fuel costs.
Daymon Worldwide said Peter Brennan, its vice chairman and immediate past president, will retire January 2 after 35 years with the company. He will remain on Daymon’s board of directors.
It's all over the news: soaring gasoline prices that have doubled over the last year, a by-product of sharply increased energy prices that also are driving up food prices at retail.
Winn-Dixie Stores, Inc. said new executive leadership has joined its pharmacy, development, and real estate departments to roll up their sleeves and get cracking on the grocer’s ongoing turnaround efforts.
Retailers, meanwhile, should not be substantially affected by the $52 billion buyout deal, said a beverage alcohol industry analyst from The Nielsen Co.
