Research Topic

Britain's Safeway Plc reported strong second quarter sales on Thursday with like-for-like sales rising 5.4 percent, keeping the country's fourth biggest food retailer in the running among its top competitors.

Business Wire ACNielsen U.S. today announced its first delivery to clients of sales information and insights from its new Wal-Mart Channel Service.

Safeway Inc. will hold a conference for analysts and institutional investors today to review its performance in the last year and its prospects for continued growth. The company is targeting five-year annual earnings per share growth of 13% - 15%.

A major forecaster of future economic activity predicts the weakness will continue into 2002.

Retail/wholesale grocers and foodservice distributors experienced a 12 percent increase in healthcare costs over the last two years and they expect costs to rise another 14.5 percent in 2001, according to a new survey.

Agriculture Secretary Ann M. Veneman today announced that President Bush has proposed the allocation of $45.2 million to USDA as part of a $20 billion submission to Congress for emergency funding to strengthen essential programs and services related to biosecurity issues.

Supermarkets have slashed their fuel prices as a result of a worldwide plunge in oil prices in the wake of the terror attacks on the US.

U.S. businesses are more concerned about the impact that online security problems have on consumer confidence and trust in e-business, than about suffering an actual financial loss due to a security breach, according to a study released Wednesday by Internet measurement firm Jupiter Media Metrix.