Research & Analysis

Ahold, the international food retail and foodservice company, on Tuesday announced it has entered into an agreement to acquire all the outstanding shares of Bruno's Supermarkets Inc. and Alliant Exchange Inc., the parent company of Alliant Foodservice Inc.

Provision X and iTradeNetwork (iTN) are a step closer to fulfilling their charter as the online meat products marketplace through an alliance that could generate $6 billion in transactions over the next 18 months.

Fleming on Tuesday announced that it has completed the series of transactions that places former Furrs Supermarkets locations into the hands of new retail operators and creates approximately $175 million in distribution revenue for its Lubbock, Texas distribution facility.

Wild Oats Markets Inc. on Thursday announced the retirement of Jim Lee, Chief Operating Officer of the company since September 1996.

The Union representing workers at the Zallies and Ravitz Shop Rite supermarkets in southern New Jersey today hand delivered a seven-day strike notice to the company, as required by law. If no agreement is reached by midnight on Thursday, September 6, 2001 thousands of supermarket workers could be walking picket lines instead of checking out customer grocery orders.

Ahold 2nd Quarter 2001 Net Earnings Surge 37.2% on a gain of 29% in sales. Chain officials cofirm talks with several potential acquisiton candidates.

With record earnings and its stock price surging, meat giant SmithfieldFoods Inc. plans to keep buying up companies andbuilding new facilities, the company's chairman toldshareholders Wednesday.

workers at Rice Epicurean Markets walked off the job and marched in picketlines Monday after contract negotiations with the supermarket chain collapsed.