Supermarket & Grocery Industry News

Nash Finch Gets SEC OK for Accounting
MINNEAPOLIS - Nash Finch Co. said on Tuesday the U.S. Securities and Exchange Commission will not object to how the company accounts for certain vendor charges, based upon the food retailer and distributor's oral and written representations.
GMA Survey: Price an Increasing Concern for Consumers
WASHINGTON - Reflecting continuing concerns over the direction of the U.S. economy, consumers are twice as likely to consider price as a reason for purchasing a brand-name product as they were a year ago, according to a survey released Friday by the Grocery Manufacturers of America.

Ahold USA Reassures Suppliers and Consumers; Royal Ahold Names Interim CFO

AMSTERDAM - Ahold USA Inc., the parent company of six U.S. supermarket chains, has mounted a campaign to reassure suppliers and customers in the wake of a major accounting scandal at parent company Royal Ahold NV, according to an article in the Washington Post.
Fleming Files $1.4 Billion Claim in Kmart Bankruptcy Case

CHICAGO - Fleming Cos. has filed a $1.4 billion prepetition claim in Kmart Corp.'s bankruptcy case, seeking payment for profits it believes would have occurred under a canceled contract, a spokesman said Thursday.
SEC Filing Suggests Ahold Troubles May Date Back To 2000

AMSTERDAM, The Netherlands - Royal Ahold NV told federal regulators on Thursday that its accountant, Deloitte Touche Tohmatsu, no longer stands behind its audits for 2000 and 2001. The latest announcement raises questions about whether problems with the company's financial statements began earlier than had been acknowledged.
Kmart Faces $1.5 Billion in Claims by Fleming

NEW YORK - Food supplier Fleming filed nearly $1.5 billion in claims Tuesday against former client Kmart and expects to file an additional claim with the bankruptcy court today.
Fleming CEO Out, Interim Successor Named

DALLAS - Fleming Companies Inc. on Monday said Mark Hansen, its chairman and CEO since 1998, has resigned. The company named Peter S. Willmott as interim CEO and president and Archie R. Dykes as non-executive chairman of the board, effective immediately.
Kroger, Unilever and Acosta Win Inaugural Consumer 360 Awards

PHOENIX, Ariz. - Kroger, Unilever and Acosta Sales & Marketing Company today were named winners of the inaugural Consumer 360 awards, co-sponsored by Progressive Grocer and two other VNU Business Media magazines, Brandweek and Retail Merchandiser.
ACNielsen and Spectra Open Inaugural VNU Consumer 360 Conference

PHOENIX, Ariz. - More than 1,000 attendees packed today's opening session of the first-ever Consumer 360 Conference, hosted by ACNielsen U.S. and Spectra Marketing, companies of VNU.
Supermarket GROCERY Business: Uncorking profit potential

Alcoholic beverages can be a supermarket cash cow -- if they are merchandised correctly.

Supermarket & Grocery Industry News

Nash Finch Gets SEC OK for Accounting

GMA Survey: Price an Increasing Concern for Consumers

Ahold USA Reassures Suppliers and Consumers; Royal Ahold Names Interim CFO

Fleming Files $1.4 Billion Claim in Kmart Bankruptcy Case

SEC Filing Suggests Ahold Troubles May Date Back To 2000

Kmart Faces $1.5 Billion in Claims by Fleming

Fleming CEO Out, Interim Successor Named

Kroger, Unilever and Acosta Win Inaugural Consumer 360 Awards

ACNielsen and Spectra Open Inaugural VNU Consumer 360 Conference

Supermarket GROCERY Business: Uncorking profit potential

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