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Competition the Culprit Behind 70 Staff Cuts at Larry's Markets
KIRKLAND, Wash. -- A fresh foods legend has fallen on hard times severe enough to call for drastic cuts and spur rumors of an imminent demise. Intense competition has forced Larry's Markets to cut its corporate staff by 70 percent, and to bring in outside help to run the operations for the retailer's six stores. -
Food, Drug Retailers Find Spots on Fortune's 'Most Admired' List
NEW YORK -- Wal-Mart was the top traditional retailer of any kind on Fortune Magazine's annual list of Most Admired Companies, but a number of other retail food merchants made the grade on various specialty sub-lists as the business magazine recognized hundreds of firms for being named companies worth admiring by businesspeople.