NASHVILLE - The Kroger Co. revealed plans this week to spend $120 million over the next two years opening new stores or remodeling and expanding existing locations in Middle Tennessee, the The Tennessean reports.
BOSTON - A former food buyer for Boston-based Demoulas Supermarkets was sentenced on Wednesday in federal court for receipt of stolen monies and the filing of false U.S. income tax returns, according to the U.S. Attorney's office.
COLUMBUS, Ohio - Deflating gasoline prices, intensifying competition, and fewer new stores will contribute to a significant decline in c-store industry sales growth through 2006, reports consulting and market research firm Retail Forward in its latest report.
NEW YORK - Coca-Cola Co. said Tuesday it will integrate its Minute Maid North America business with its North American division to further streamline its business.
PITTSBURGH - The H. J. Heinz Company on Tuesday announced plans to make a number of changes in its U.S. business structure as part of the company's transformation of its North America operations following the recently completed transaction with Del Monte.
DALLAS - Fleming Cos. on Tuesday slashed its fourth-quarter earnings outlook, citing soft sales, inflated meat prices and higher employee-related costs such as pension, healthcare and insurance costs.
MINNEAPOLIS - Minneapolis-based Retek Inc. has announced that Wegmans Food Markets Inc. has selected Retek Demand Forecasting and Retek Replenishment Planning solutions to improve supply chain efficiency and increase inventory performance.
LONDON - British supermarket giant Sainsbury PLC said Monday it was considering making an offer of more than 3 billion pounds ($4.8 billion) for Safeway PLC, raising the prospect of a bidding war for Britain's fourth largest grocery chain.
