Research & Analysis

Anthrax in the flour? Smallpox in the watermelon? We pray it won't happen, but we all know it can. Here's how food retailers are girding for the terrorist threat.

LONDON - Record numbers of customers helped the UK's Asda, the supermarket group owned by Wal-Mart, report double digit like-for-like sales growth over Christmas, the Financial Times reports.

LONDON - Britain's four biggest supermarket chains on Tuesday signed a code of practice intended to prevent them from abusing their power over suppliers, Reuters reports.

MINNEAPOLIS - Supervalu Inc. today announced record net earnings and earnings per share for the third quarter of fiscal 2002 which ended Dec. 1, 2001.

ATLANTA - Hurry Inc. (formerly known as Harry's Farmers Market Inc.) on Monday reported a net loss for the third quarter of fiscal 2002 of approximately $3.6 million, compared to a net loss of approximately $1.4 million a year ago.

NORTHFIELD, Ill. - Kraft Foods and FS Acquisition Corp., a subsidiary of Catterton Partners, announced today an agreement for FS Acquisition to acquire the U.S.-based Farley and Sathers confectionery businesses from Kraft.

BOISE, Idaho - Albertson's Inc., saying its Acme food and drug stores in Pennsylvania, New Jersey, Delaware and Maryland are seeing record market-share gains despite unprecedented competitive discount activity, today announced it will increase capital spending at Acme stores by 17% in 2002.

NORTH BRUNSWICK, NJ - Netgrocer, a nationwide online retailer and e-commerce service provider, announced today the promotions of Lisa Kent to CEO and Wayne Marshall to chief operating officer.