STELLARTON, Nova Scotia - Canada's No. 2 grocery chain, Sobeys Inc., reported a rise in fourth-quarter profit on Wednesday, aided by higher sales and cost cuts, Reuters reports.
CORAL GABLES, Fla. - Fresh Del Monte Produce Inc. today announced that it agreed to acquire U.K.-based Fisher Foods Limited's chilled division from the administrative receivers, KPMG.
ATLANTA - CIES - The Food Business Forum is seeking to positively change the image of retail throughout the world, congregants at the international association's World Food Business Summit in Atlanta were told last week.
LAS VEGAS - Vons, a Safeway company, will open a combined supermarket fuel station and convenience store in Las Vegas on June 26. This fuel station is Vons' fourth foray into the fuel-service market.
ATLANTA - Self-scan checkouts are being billed as a panacea for supermarkets, discounters, and other retailers, but don't expect to see them in Target Stores any time soon.
PITTSBURGH - This month Heinz is introducing to consumers the first nationally branded organic ketchup in supermarket and organic food stores nationwide.
PARSIPPANY, N.J. - Gristedes Foods Inc. has agreed to pay $155 million to buy the upscale King Super Markets chain from its British parent company, Marks & Spencer, New Jersey's Star-Ledger reports.