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Market Trends

  • Bozzuto's Announces New Executive Appointments
    CHESIRE, Conn. - The Board of Directors of Bozzuto's Inc., a Cheshire, Conn.-based wholesale food distributor, has announced the appointment of Michael A. Bozzuto as chairman of the Board, replacing Adam J. Bozzuto, recently deceased.

  • Restaurants, Organic Grocers Pledge Not to Buy Biotechnology Seafood
    SAN FRANCISCO - About 200 restaurants, grocers and seafood distributors pledged Wednesday not to buy, serve or sell fish created by biotechnology, joining some environmental groups and fishermen in opposing genetically engineered seafood, The Associated Press reports.

  • Winn-Dixie Taps New Senior VP/CIO from Outside Industry
    JACKSONVILLE, Fla. - Winn-Dixie Stores Inc. on Wednesday announced that Karen Salem will be joining the company as senior VP and CIO.

  • Penn Traffic Second-quarter Earnings Fall
    SYRACUSE, N.Y. - The Penn Traffic Company on Wednesday announced that second-quarter earnings fell. The retailer also restated financial results for the previous three years following an accounting fraud.

  • Big Y Foods Inc. to Roll Out RetailERM from Workbrain
    ATLANTA - Big Y Foods Inc. has said it will use RetailERM from Atlanta-based Workbrain to streamline and transform its workforce management processes for its 8,000 employees, across its 48 supermarkets, distribution center, and corporate headquarters.

  • Kroger Posts Higher First-quarter Profit
    CINCINNATI - Leading U.S. supermarket company Kroger Co. on Tuesday reported higher quarterly profit due to cost cutting and a push to improve customer service to offset competition from Wal-Mart Stores Inc., Reuters reports.

  • Smithfield Plant Recalls Ground Beef
    WASHINGTON - A Smithfield Foods Inc. meat plant said on Monday it recalled 203,600 pounds of fresh ground beef products because of concerns they may be contaminated with the potentially deadly E. coli bacteria.

  • Institutional Investors Channeling More into Food Retail Industry
    ARDMORE, Pa. - Investor relations firm Gregory FCA, based in Ardmore, Pa., has found that institutional investors have increased their holdings in the food retail industry by nearly 11 percent in the most recently reported quarter.
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