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Research & Analysis

  • 99 Cents Only Stores Earnings Rise 24%
    CITY OF COMMERCE, Calif. - Net income for the quarter ended June 30 at 99 Cents Only Stores rose 23.7 percent to $13.5 million compared to the year-earlier period.

  • Wal-Mart, Safeway Affected by Beef Recall
    BENTONVILLE, Ark. - Wal-Mart and Safeway were two of the most notable names among the many retailers nationwide affected by the second largest beef recall in history.

  • ConAgra Recalls 19 Million Pounds of Beef
    WASHINGTON - ConAgra Foods Inc. on Friday launched the nation's second-largest recall of ground beef after the U.S. Agriculture Department said the meat may be contaminated with a deadly bacteria that sickened at least 16 people, Reuters reported on Friday.

  • Wegmans Adopts EDLP Policy
    ROCHESTER, N.Y. - Wegmans Food Markets has adopted an everyday low price policy on 4,000 popular grocery items, and now the Rochester, N.Y.-based chain is getting the message out to its customers.

  • Albertsons Taps Former Pillsbury Exec for New Senior VP Position
    BOISE, Idaho - Albertsons Inc. on Tuesday announced the appointment of Eric J. Cremers to the newly created position of senior vice president-corporate strategy and business development.

  • Gristede's Loses Kings Exclusivity Window
    PARSIPPANY, N.J. - Marks & Spencer said Tuesday that the exclusivity period for Gristede's Foods to negotiate a definitive stock purchase agreement to acquire Kings Super Markets has ended without a deal being reached.

  • Whole Foods Store Votes to Join Union
    MADISON, Wisc. - Employees at Whole Foods Market in Madison, Wisc., on Friday voted 65 to 54 in favor of joining United Food and Commercial Workers union Local 1444.

  • Tesco Eyes Manila in Southeast Asian Expansion
    MANILA - UK food retailer Tesco has expressed interest in putting up a store in Manila, according to government sources, the Asia Africa Intelligence Wire reports.

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