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Market Trends

  • A&P Quarterly Loss Tops $3 Per Share

    MONTVALE, N.J., Oct 18 - The Great Atlantic & Pacific Tea Co. reported a net loss of $144.7 million, or $3.76 a share, in the most recent quarter compared with a net loss of only $1.7 million, or 5 cents a share, a year earlier.

  • Penn Traffic Taps Broomfield to Head Retail Operations

    SYRACUSE, N.Y -- The Penn Traffic Company hired industry veteran Mike Broomfield as its senior v.p. of retail stores. He will be responsible for the operations and financial results of all 216 Penn Traffic supermarkets in Ohio, West Virginia, Pennsylvania, upstate New York, Vermont, and New Hampshire.

  • Looming Water Crisis Threatens Food Supplies

    WASHINGTON, DC - Water scarcity could leave millions of people without access to clean water or adequate food, warns a new report released in conjunction with World Food Day 2002, the Environment News Service reports.

  • Study: Up to 75 Percent of Global Out-of-stock Issues Must Be Corrected at Retail

    WASHINGTON - Approximately 47 percent of out-of-stocks are caused by inadequate store ordering and forecasting, and 25 percent by poor shelf management, according to a new study by GMA, Food Marketing Institute and CIES -- The Food Business Forum, that examines the issue globally.

  • Giant Eagle to Pilot Starbucks Units in Five Stores

    PITTSBURGH - Pittsburgh-based retailer Giant Eagle Inc. announced on Tuesday that it will open 900-square-foot Starbucks licensed locations inside each of five Pittsburgh-area stores.

  • Price Chopper to Sell Irradiated Ground Beef

    SAN DIEGO - Northeast retailer Price Chopper is the latest supermarket to sign on with SureBeam Corporation to offer shoppers irradiated ground beef. Hy-Vee just announced that it will sell the products throughout the Midwest.

  • Reader's Digest Launches Line of Publications For Supermarkets

    PLEASANTVILLE, N.Y. - The Reader's Digest Association Inc. is launching RD Specials, an extensive line of publications for supermarket checkout racks nationwide.

  • PG Profile: Albertsons

    Larry Johnston's re-energized management team is abandoning weak markets, hacking costs, and working a plan to be the nation's top food and drug retailer.
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