Ahold announced consolidated net sales of $9.5 billion for the fourth quarter of 2014, an increase of 7.9 percent compared to last year.
Jack Murphy, Fairway Market’s new CEO, said plans are under way that will re-establish the Manhattan based grocer as a stronger retail entity.
Rite Aid reported significant earnings and sales gains in its fiscal third quarter ended November 29, 2014.
With the Albertsons acquisition of Safeway store imminent, the chain announced that it will sell 168 stores to four separate buyers.
The National Labor Relations Board has adopted a new rule to alter and accelerate union representation elections.
Arthur T. Demoulas and members of his family completed the deal to acquire the 50.5 percent stake in the company that was owned by the Arthur S. Demoulas family.
Kroger posted its 44th consecutive quarter of positive identical store revenue.
The Albertsons’ (AB Acquisition LLC, a unit of Cerberus Capital Management) purchase of Safeway is imminent and final Federal Trade Commission (FTC) approval is expected to be granted by year’s end, according to several sources.
Aldi will acquire the retail estate and certain assets of 70-store Bottom Dollar Foods.
Meg Ham has replaced Beth Newlands Campbell as president of the Food Lion division of Delhaize America.