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Research & Analysis

  • Fleming Reports Second Quarter Adjusted Earnings Up 60%

    Fleming Companies Inc. today reported a 59.7 percent increase in second quarter 2001 net earnings to $22.4 million, or $0.46 per share, after adjustments to exclude strategic plan charges and one-time items, compared to$14.0 million, or $0.35 per share, in the second quarter of 2000. Second quarter adjusted operating earnings of $66.1 million increased 20.5 percent from $54.9 million in the prior year.
  • TECHNOLOGY:Virtual Reality

    While some retailers have yet to embrace 3-D CAD technology, others are quickly becoming dependent on its ability to review colors, materials, fixtures, lighting programs, and even merchandising plans.
  • SYSCO Posts 25th Year of Consecutive Sales and Earnings Growth

    SYSCO Corporation, the largest foodservice marketing and distribution organization in North America, today announced diluted earnings per share of $0.88 on sales of $21.8 billion for the fiscal year ended June 30, 2001, marking the 25th year of uninterrupted sales and earnings increases.
  • Unilever Completes Sale of Bestfoods Baking Company

    Unilever announced today that the sale of the Bestfoods Baking Company to George Weston Limited for $1.765 billion in cash has been completed.
  • Nash Finch in Discussions to Acquire U Save Food's 14 Supermarkets

    Nash Finch Company and U Save Foods, Inc. today confirmed that they are in discussions for Nash Finch to acquire U Save Foods through a purchase of U Save's stock.
  • Diverse Groups Unite to Oppose Nestle's Merger With Ralston Purina

    A diverse group of antitrust experts, national consumer organizations and major farm groups have joined forces to announce their opposition to Nestle's $10.1 billion merger with Ralston Purina. If regulators approve the deal, Swiss-based Nestle would become the world's biggest pet food company and control roughly 45 percent of the $7 billion U.S. pet food market.
  • VoiceFlash Networks and VeriFone to Explore Mobile E-Commerce Solutions

    VoiceFlash Networks Inc. announced today that the company has signed a memorandum of understanding with VeriFone Inc., to explore the viability of cooperating in the development of retail mobile commerce products.
  • L&L Food Centers Selects Fleming to Supply Michigan Stores

    Fleming today announced the company has been selected by L&L Food Centers to serve its 10 Lansing, Michigan area stores and Rochester Hills location. The supply arrangement is for all grocery, frozen, dairy, and general merchandise products. L&L F
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