Research & Analysis

JP Morgan Upgrades Supervalu To 'Overweight'
NEW YORK - JP Morgan said yesterday that it raised its rating on Supervalu Inc. to "overweight" from "neutral," saying among other factors the company "has demonstrated a more prudent stance with the use of its annual free cash flow than have the management teams of other large traditional food retail companies," reports Reuters.
NPD Survey: It's Better to Look Good than to Feel Good
PORT WASHINGTON, N.Y.- The NPD Group, Inc.-- Though many consumers are curbing discretionary spending to factors ranging from rising gas prices to war worries, they are least likely to alter their spending on products affecting their appearance like cosmetics, skincare, and apparel, according to findings from a recent consumer survey by The NPD Group.

BI-LO Donates to USO

MAULDIN, S.C. -- BI-LO supermarkets here, a division of Ahold USA, is joining with the USO to show support of American troops with a program called Operation Goodie Bag.
ConAgra Earnings In Line With Expectations

OMAHA, Neb. -- ConAgra Foods here reported today that is third quarter earnings were in line with expectations.
Albertsons Strengthens Presence In Salt Lake City, El Paso

BOISE, Idaho - Albertsons acquired two Food4Less stores in Salt Lake City and two Rainbow stores in El Paso, Texas, from Fleming Cos., a move that the company says will boost its position in Utah and Texas.
Albertsons Joins Uccnet

LAWRENCEVILLE, N.J. - Albertsons will begin implementing UCCnet's item registration and data synchronization services for its more than 2,300 retail stores in 31 states nationwide, according to officials from both companies. UCCnet says Boise-based Albertsons is one of the first major U.S. food retailers to implement its registration and synchronization services.
Calavo Growers Aligns With Itradenetwork

LIVERMORE AND SANTA ANA, CALIF. - iTradeNetwork (ITN) has received a purchase order from Calavo Growers, Inc., a worldwide leader in packing and distributing of avocado, processed avocado, and other perishable food products.
A&P Could Make $300m Selling Stores

MONTVALE, N.J. - After selling and closing more than two dozen stores while it seeks a new owner for its 8 O' Clock coffee subsidiary, A&P stands to gain more than $300 million if all goes as planned, according to a report in yesterday's Star-Ledger, a Newark, N.J. daily newspaper.
Walgreen Co. Reports Record Sales, Earnings for Second Quarter and First Half 2003

Walgreen Co. today announced record sales and earnings for the second quarter and first half of fiscal 2003.
Food Lion chooses Haaf to direct aggressive marketing efforts

SALISBURY, N.C. -- Earlier this year, Food Lion launched an aggressive streamlining initiative and announced $100 million in budget cuts through the elimination of redundancies and non-value added programs.

JP Morgan Upgrades Supervalu To 'Overweight'

NPD Survey: It's Better to Look Good than to Feel Good

BI-LO Donates to USO

ConAgra Earnings In Line With Expectations

Albertsons Strengthens Presence In Salt Lake City, El Paso

Albertsons Joins Uccnet

Calavo Growers Aligns With Itradenetwork

A&amp;P Could Make $300m Selling Stores

Walgreen Co. Reports Record Sales, Earnings for Second Quarter and First Half 2003

Food Lion chooses Haaf to direct aggressive marketing efforts

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A&P Could Make $300m Selling Stores