A cartload of M&A activity for supermarketsAug 14, 2003, from staff and wire reports Supermarkets were one of the few sectors of the food industry acquiring or merging with other companies in the first half of 2003, racking up 20 deals—up... SuperValu declares quarterly dividendAug 13, 2003, from staff and wire reports The board of directors of SuperValu Inc, the Minneapolis MN-based retail grocery chain, has declared a regular quarterly dividend of $0.145 per share.... Earnings up, sales down at Winn-DixieAug 8, 2003, from staff and wire reports Winn-Dixie Stores Inc, based in Jacksonville FL, announced sales and earnings for its fourth quarter and fiscal year ended June 25, 2003. Net earnings... Safeway faces court battle over chain's saleAug 6, 2003, from staff and wire reports Safeway, based in Pleasanton CA, has been sued by Yucaipa Companies, which contends the grocery retailer conducted an Òanyone but YucaipaÓ campaign when... Aurora Foods announces financial restructuringAug 1, 2003 In a move aiming to reduce debt, improve liquidity, and strengthen its balance sheet, Aurora Foods, a producer and marketer of frozen foods based in St... Eagle Food Centers to put assets up for saleAug 1, 2003 Eagle Food Centers Inc, which owns and operates 59 supermarkets in Illinois and Iowa, will begin a sale of substantially all of the assets of its operating... Kroger purchases 13 Food Town storesAug 1, 2003 The Kroger Co has purchased 13 Food Town stores in the Toledo OH area. Financial terms were not disclosed. These stores, which average 45,000 square feet... Spartan rings up higher sales in fiscal quarterJul 31, 2003, from staff and wire reports Grand Rapids MI-based Spartan Stores Inc, the nation’s ninth-largest grocery distributor, has reported financial results for its fiscal 2004 first quarter... Safeway pays down debt by $651 millionJul 24, 2003, from staff and wire reports Safeway Inc has reported net income of $161.0 million for the second quarter of 2003. The food retail chain’s net income for the second quarter of 2002... Winn-Dixie chalks up a quarterly dividendJul 21, 2003, from staff and wire reports The board of directors of Winn-Dixie Stores Inc has declared a cash dividend of 5 cents per share on the company’s common stock for the quarter ended... advertisement DirectoriesNewsletterEvents
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