Research & Analysis

United Food and Commercial Workers 588-Northern California today announced that it had reached tentative Agreement on a new, three-year collective bargaining agreement for its over 7,000 members who work in area Raley's, Bel Air and Nob Hill Foods supermarkets.

Fleming on Tuesday announced that it has completed the series of transactions that places former Furrs Supermarkets locations into the hands of new retail operators and creates approximately $175 million in distribution revenue for its Lubbock, Texas distribution facility.

Albertson's Inc., one of the world's largest food and drug retailers, on Tuesday reported second-quarter earnings that exceeded both company guidance and First Call consensus estimates. Sales in the quarter totaled almost $9.6 billion.

Two of the nation's leading supermarket retailers avoided a potentially crippling strike over the weekend when more than 22,000 employees of Albertson's and Safeway agreed to extend their contracts until midnight Sept. 8.

Ahold, the international food retail and foodservice company, on Tuesday announced it has entered into an agreement to acquire all the outstanding shares of Bruno's Supermarkets Inc. and Alliant Exchange Inc., the parent company of Alliant Foodservice Inc.

Provision X and iTradeNetwork (iTN) are a step closer to fulfilling their charter as the online meat products marketplace through an alliance that could generate $6 billion in transactions over the next 18 months.

Wild Oats Markets Inc. on Thursday announced the retirement of Jim Lee, Chief Operating Officer of the company since September 1996.

The Union representing workers at the Zallies and Ravitz Shop Rite supermarkets in southern New Jersey today hand delivered a seven-day strike notice to the company, as required by law. If no agreement is reached by midnight on Thursday, September 6, 2001 thousands of supermarket workers could be walking picket lines instead of checking out customer grocery orders.