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Market Trends

  • Kroger Cooperates with Ground Beef Recall Announced by American FoodsGroup, Inc.

    The Kroger Co. (NYSE: KR - news) today said it is cooperating with a ground beef recallannounced by American Foods Group, Inc., a wholesale meat supplier based in Green Bay, Wisconsin.American Foods announced the recall as a precautionary measure after the U.S. Department of Agriculture (USDA) detected thepresence of Escherichia coli O157:H7 (E. coli) bacteria in a sample of beef processed by American Foods.
  • Nestle Says Emerging Markets Help It Show Rise in Profits

    Nestle, the world's biggest food company, said today that sales ofits packaged food increased in emerging markets, compensating for slower growth in the United Statesand in Western Europe and helping to lift first-half profit 13 percent.
  • McCain Foods, Heinz to Acquire Anchor Food Products

    McCain Foods Limited will acquire the production facilities and food service business of Anchor Food Products Inc. in a three-party transaction. H.J. Heinz Company will purchase the company's branded products sold to retail outlets, including supermarkets and club stores.
  • Flowers Bakeries Becomes Latest Supplier to Select viaLink for Data Synchronization

    The viaLink Company (Nasdaq:VLNK - news) today announced that FlowersBakeries, a super-regional baking company and subsidiary of Flowers Foods (NYSE:FLO - news), will use viaLink's syncLink(SM)for product, price and promotion synchronization.
  • Retalix Ltd. Signs Memorandum of Understanding to Acquire BASS Inc.

    Retalix Ltd. (Nasdaq: RTLX - news), today announced the signing of a memorandum of understanding to acquire all the outstanding shares of capital stock of privately held BASS Inc. of Dayton, Ohio. BASS is a market-leading provider of retail automation technology, primarily to tier-two grocery operators.
  • Bread & Circus Opens Third Store in Cambridge

    Bread & Circus Whole Foods Market, the world's largest natural and organic foods supermarket, will open its third store in Cambridge on Aug. 22. Located at 340 River Street (just off Memorial Drive), the state-of-the-art natural foods supermarket is the company's largest in Massachusetts.
  • Fleming Affirms Earnings Guidance and Positive Legal Developments

    Fleming on Monday announced that the company is affirming its previously announced guidance for 2001 adjusted earnings of $1.96 per share, as well as its 2002 and 2003 guidance of $2.50 per share and $3.30 per share, respectively.
  • S&H Greenpoints Launches in North Carolina

    The Sperry & Hutchinson Company, Inc. (S&H) today announced that the S&H greenpoints digital rewards currency can now beearned and used in all 97 Lowes Foods stores throughout North Carolina andVirginia.
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