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Research & Analysis

  • Kroger Reports Earnings Increase in Third Quarter, Announces Job Cuts

    CINCINNATI - The Kroger Co. today reported earnings of $0.32 per diluted share, excluding costs related to a merger and one-time expenses, for the third quarter endedNov. 10, 2001. These results represent an increase of 14.3% over the third quarter of 2000, on the same basis.

  • Ahold Gets FTC Approval to Buy Bruno's Supermarkets

    NEW YORK - Dutch supermarkets group Koninklijke Ahold NV was given approval from the Federal Trade Commission on Friday to buy Bruno's Supermarkets Inc., but the company was told it must close two of its own regional groceries stores in two Georgia towns, Reuters reports.

  • November Retail Sales Weakest in Decade

    NEW YORK - U.S. retailers reported the weakest sales growth for November since the recession of 1990, Reuters reports.

  • Sobeys to Divest its Foodservice Operations and Form Alliance With Sysco

    STELLARTON, NOVA SCOTIA and TORONTO, ONTARIO - Sobeys Inc., Canada's second largest retail grocer and distributor, announced today that it has entered into a definitive agreement to sell substantially all of the assets of its SERCA foodservice operations to SYSCO Corporation, the largest foodservice marketing and distribution company in North America.

  • Albertson's Sales Increase in Third Quarter

    BOISE, Idaho - Albertson's Inc., the No. 2 U.S. supermarket chain, today reported sales of $9.4 billion for the third quarter ended Nov. 1, 2001, a 4.1 percent increase vs. the prior year.

  • Tyco Healthcare Buys Diaper Maker

    NORCROSS, Ga. - Tyco International said today its health care division is buying Paragon Trade Brands Inc., the largest generic maker of disposable diapers in the United States and Canada, for $565 million, The Associated Press reports.

  • Marsh Supermarkets Reports Second Quarter Operations Income Up 47 Percent

    INDIANAPOLIS - Marsh Supermarkets Inc. on Tuesday reported results of operations for the 16 weeks ended October 13, 2001.

  • Ahold Third Quarter Net Earnings Rise 28.3%

    ZAANDAM, The Netherlands - Ahold, the international food retail and food service company, today released third quarter 2001 net earnings of Euro 333.1 million, an increase of 28.3% from the third quarter in 2000. Sales rose 12.6% to Euro 15.5 billion, and operating earnings increased by 21.7% to Euro 667.2 million.

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