Market Trends

Peapod, Stop & Shop work toward a profitable online shopping model in Norwalk, Conn.

Wal-Mart plans to launch an American-style price war in the UK, the boss of its British arm said on Wednesday.

Safeway and Albertson's on Tuesday offered their 28,000 unionized workers in Northern California a contract that includes a proposed wage increase the union has said for several months is unacceptable. The union said a strike is very probable as early as Oct. 8.

INDIANAPOLIS, Sept. 21, 2001 (PRIMEZONE) -- Marsh Supermarkets, Inc. (Nasdaq:MARSA - news; Nasdaq:MARSB - news) announced today that it has entered into an agreement to sell the assets of Convenience Store Distributing Company (CSDC) to McLane Company, Inc.

JACKSONVILLE, Fla., Sept. 24 /PRNewswire/ -- Jacksonville, Fla.-based Winn-Dixie Stores, Inc. (NYSE: WIN - news) willrollout a multi-million dollar ad campaign in 14 states to communicate a new ``Real Deal'' brand position.

The terrorist attacks on the World Trade Center and Pentagon have caused consumers in the Northeast to forego eating in restaurants and return to supermarkets, increasing sales of home meal replacement items and comfort foods.

ConAgra Foods, one of the world's largest packaged food companies, reported record first quarter sales and earnings for the period ending August 26, 2001.

SUPERVALU INC. on Thursday announced results for the second quarter of fiscal 2002, which ended September 8, 2001. The company reported sales for the second quarter of $4.7 billion, net earnings of $52.1 million, earnings per share of $0.39 and cash earnings per share of $0.46.

The Pepsi Bottling Group on Wednesday announced that its Board of Directors has elected John T. Cahill, 44, CEO. The Board also approved the promotion of Eric J. Foss, 43, to president of PBG North America.

Fleming announced on Wednesday the successful opening and initiation of service from its newest distribution center in South Brunswick, N.J.

The Kroger Co. on Wednesday reported earnings of $0.32 per diluted share excluding costs related to a merger and one-time expenses, for the second quarter ended August 18, 2001. These results represent an increase of 19% over the second quarter of 2000, on the same basis.

Tesco, the UK's biggest supermarket chain, is planning to create up to 20,000 jobs worldwide within the next year as it expands its international operations.