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  • A&P Could Make $300m Selling Stores

    MONTVALE, N.J. - After selling and closing more than two dozen stores while it seeks a new owner for its 8 O' Clock coffee subsidiary, A&P stands to gain more than $300 million if all goes as planned, according to a report in yesterday's Star-Ledger, a Newark, N.J. daily newspaper.
  • Wal-Mart Backs Sales View Despite War

    Bentonville, Ark. -- Wal-Mart Stores Inc. on Monday said it still expects to meet its forecast for March sales at stores open at least a year, despite the "CNN effect" last week, when shoppers were glued to their televisions to watch coverage of the war with Iraq.
  • Blue Square Israel moves to loss in Q4

    JERUSALEM - Blue Square-Israel, one of Israel's largest retailers, said on today it moved to a loss in the fourth quarter due to declining sales and write-downs as a result of the domestic recession and increased competition.
  • Barrington Foods Forms Strategic Alliance with Sierra Products Group

    LAS VEGAS --Barrington Foods International, Inc., announced today they have begun a strategic alliance with Sierra Products Group, Inc. Sierra Products Group is an approved vendor for Wal-Mart Stores Inc. and numerous other mass retailers.
  • Banks Back Ahold Unit's Spending Plan-WSJ

    AMSTERDAM -- The U.S. supermarket division of Ahold, the world's number three retailer rocked by an accounting scandal, can proceed with a capital spending plan after creditor banks approved it, The Wall Street Journal reported on Thursday.
  • USDA Increases Security of Food Supply

    WASHINGTON - The Agriculture Department on Tuesday told food processors and farmers to increase security in light of the heightened terror alert.
  • Report: U.S. Foodservice Suppliers Cited Problem

    WASHINGTON - Auditors at Deloitte & Touche became aware of potential accounting irregularities at U.S. Foodservice Inc. after at least two of the company's suppliers disputed rebate figures, the Washington Post reported on Wednesday, citing sources familiar with the situation.
  • Commerce Department Chooses Worldwide Food Expo for International Buyer Program

    WASHINGTON - For the fourth consecutive time, Worldwide Food Expo, a trade show sponsored by several leading food industry associations, has been accepted into the prestigious International Buyer Program, sponsored by the U.S. Department of Commerce.
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