BOULDER, Colo. - Wild Oats Markets on Wednesday said it plans to raise $48 million in a private stock offering to open 58 new grocery stores in three years and remodel many of the old ones, the Denver Post reports.
SAN ANTONIO, Texas - The former parent company of Handy Andy Supermarkets has filed for bankruptcy to protect itself from ongoing lawsuits and claims tied to the grocery store chain, the San Antonio Express-News reports.
CAMDEN, N.J. - Campbell Soup Company on Wednesday said it will form a new division to align and grow its expanded international businesses. The company also announced that Andrew K. Hughson, president of North American Soup, is leaving the company.
ZAANDAM, The Netherlands - Ahold NV today reported its first net loss in more than 25 years, due to hefty charges related to Argentina, and gave a conservative sales-growth target for 2003.
TROY, Mich. - For the first time, Kmart Corporation will publish its weekly advertising circular in Spanish throughout the U.S. The company said it aims to reach hundreds of thousands of Spanish-speaking customers who shop Kmart stores.
PARIS - Global retailer Carrefour SA today reported a 25 percent increase in first-half earnings, but remained cautious for the full year despite its aggressive plan for global store openings, Dow Jones Newswires reports.
ZAANDAM, The Netherlands - Dutch retailer Ahold N.V. today announced its Polish subsidiary Ahold Polska has agreed to acquire five hypermarkets from Jeronimo Martins, Ahold's joint venture partner in Portugal.
