Market Trends

Dairy Farm to Buy IKEA Businesses in Hong Kong, Taiwan
HONG KONG - Hong Kong-based supermarket operator Dairy Farm International Holdings Ltd. has reached an agreement to acquire the IKEA home furnishing businesses in Hong Kong and Taiwan from Jardine Pacific Holdings Limited, a Jardine Matheson Group affiliate, for $27 million, according to published reports.
Winn-Dixie Launches New Baby Rewards Club Program
JACKSONVILLE, Fla. - Winn-Dixie is launching a new Baby Rewards Club that offers discounts on merchandise, entries into sweepstakes, and other special offers and incentives.

Office Depot to Open Mini-Stores in Stop & Shops

DELRAY BEACH, Fla. - Leading office products retailer Office Depot Inc. on Thursday said it plans to open shops inside some Stop & Shop Supermarket Co. stores.
A&P to Split American, Canadian Business; COO Culligan Resigns

MONTVALE, N.J. - Great Atlantic & Pacific Tea Co. said on Tuesday it will split its American and Canadian businesses in an effort to revive its struggling U.S. stores, and Elizabeth Culligan will step down as president and chief operating officer.
Wal-Mart, Kraft Foods Lead 2002 Power Rankings Survey

CHICAGO - Wal-Mart Stores Inc. increased its lead over Safeway Inc. in the 2002 Power Rankings, a key performance survey that examines how retailers and manufacturers rate each other in areas that are most important to their ongoing relationships, such as strategy, service and profitability.
Albertsons to Boost Investment in Colorado

DENVER - As Albertsons celebrated a new store opening in Denver this week, the retailer announced plans to significantly expand its presence in the state of Colorado.
Clemens Next to Sell Irradiated Fresh Ground Beef

KULPSVILLE, Pa. - Regional chain Clemens Family Markets has became the latest retailer to announce it will sell irradiated fresh ground beef.
Spartan Stores Chairman, President and CEO to Retire Next Year

GRAND RAPIDS, Mich. - Spartan Stores Inc. announced on Tuesday that James B. Meyer, chairman, president and CEO, has informed the board of directors of his intention to retire next year.
ShopKo Stores Names Sam K. Duncan CEO And President

GREEN BAY, Wis. - ShopKo Stores Inc. named Sam K. Duncan chief executive and president, effective Wednesday. Duncan replaces William J. Podany, who resigned in April as chief executive, president and director, for personal reasons.
Indiana's First Food 4 Less to Open in Hammond

HAMMOND, Ind. - Food 4 Less, a price-impact supermarket chain owned and operated by the Kroger Co., is expanding its reach in the greater Chicagoland area with a new store in Hammond, Ind.

Dairy Farm to Buy IKEA Businesses in Hong Kong, Taiwan

Winn-Dixie Launches New Baby Rewards Club Program

Office Depot to Open Mini-Stores in Stop &amp; Shops

A&amp;P to Split American, Canadian Business; COO Culligan Resigns

Wal-Mart, Kraft Foods Lead 2002 Power Rankings Survey

Albertsons to Boost Investment in Colorado

Clemens Next to Sell Irradiated Fresh Ground Beef

Spartan Stores Chairman, President and CEO to Retire Next Year

ShopKo Stores Names Sam K. Duncan CEO And President

Indiana's First Food 4 Less to Open in Hammond

Office Depot to Open Mini-Stores in Stop & Shops

A&P to Split American, Canadian Business; COO Culligan Resigns