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Research & Analysis

  • Nash Finch Third Quarter Earnings Increase 50%

    MINNEAPOLIS - Food retailer and distributor Nash Finch Company today reported that net earnings rose 50 percent to $6.0 million for the third quarter ended October 6, 2001, compared to net earnings of $4.0 million reported for the third quarter of 2000.
  • Tesco to Sell More Organics

    LONDON - Tesco, the UK's largest supermarket chain, has announced plans to expand its market for organic food to #1bn ($1.46 billion) within five years, the BBC reported. The company claims it is already the country's largest organic retailer.
  • Consumer Spending Drops 1.8 Percent in September

    WASHINGTON - The U.S. Commerce Department reported today that consumer spending dropped by 1.8 percent in September, following a modest 0.3 percent gain in August. This is the largest drop in more than 14 years, The Associated Press reported.
  • Harry's Farmers Market Completes Sale of Mega-stores to Whole Foods Market

    ROSWELL, Ga. - Harry's Farmers Market Inc. on Wednesday announced that it has completed the sale of its three mega-stores and related support facilities to Whole Foods Market Group Inc., as previously announced, for a purchase price of $35 million in cash. In addition, the company has changed its corporate name to Hurry Inc.
  • Wild Oats Markets Inc. Reports 7 Percent Increase in Third-quarter Sales

    BOULDER, Colo. - Wild Oats Markets Inc., a leading national natural and organic foods retailer, today announced financial results for the third quarter and first nine months ended September 29, 2001.
  • Sara Lee, Del Monte Post Quarterly Earnings

    Sara Lee Corp. today said net income fell almost 5 percent in its fiscal first quarter. Del Monte Foods Co. reported a slight loss in its earnings.
  • Topco Associates and Shurfine International Shareholders Approve Proposed Merger

    KOKIE, Ill. -Private label procurers Topco Associates Inc. and Shurfine International Inc. on Monday announced that their respective shareholder groups have voted in favor of a proposed merger of the Shurfine International operations into those of Topco Associates Inc. The transaction, which will be achieved through the formation of a new company, Topco Associates LLC, is effective Nov. 1, 2001.
  • Ahold's Dutch Subsidiaries Introduce Joint Online Shopping

    ZAANDAM, The Netherlands - Ahold today announced its five Dutch subsidiaries are teaming up to offer a new joint Internet-based home delivery service called "Albert".
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