Albertson's Inc. announced today that Felicia D. Thornton will join the company as executive vice president and chief financial officer. Thornton, 37, will report directly to Larry Johnston, Albertson's chairman and CEO, and will serve as a member of the company's executive committee.
The fourth annual Progressive Grocer ProGro and Cannondale Associates PowerRanking Awards banquet, celebrating the "best of the best" in retailing and manufacturing, is scheduled for Nov. 1 at the Intercontinental Hotel in Chicago.
PepsiCo said today it has completed its merger with The Quaker Oats Company, creating a $25 billion food and beverage company sharply focused on the rapidly growing consumer demand for convenience.
Fenway Partners, a private investment firm, announced today that The H. J. Heinz Company has purchased Delimex, a rapidly growing producer and distributor of branded, high-quality frozen Mexican foods. Terms of the transaction were not disclosed.
William F. Christ, Executive Vice President and Chief Operations Officer, Hershey Foods Corporation, today announced that Hershey do Brasil, Hershey Foods' Brazilian subsidiary, has acquired the chocolate and confectionery business of Visagis.
Fleming Companies Inc. today reported a 59.7 percent increase in second quarter 2001 net earnings to $22.4 million, or $0.46 per share, after adjustments to exclude strategic plan charges and one-time items, compared to$14.0 million, or $0.35 per share, in the second quarter of 2000.
While some retailers have yet to embrace 3-D CAD technology, others are quickly becoming dependent on its ability to review colors, materials, fixtures, lighting programs, and even merchandising plans.
SYSCO Corporation, the largest foodservice marketing and distribution organization in North America, today announced diluted earnings per share of $0.88 on sales of $21.8 billion for the fiscal year ended June 30, 2001, marking the 25th year of uninterrupted sales and earnings increases.
Blue Book Services/Produce Reporter Co., provider of credit and marketing information to businesses involved in the wholesale fresh fruit and vegetable industry, on Tuesday announced the launch of its new Web Service interface.
Nash Finch Company and U Save Foods, Inc. today confirmed that they are in discussions for Nash Finch to acquire U Save Foods through a purchase of U Save's stock.
