Research & Analysis

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.

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.

The Kroger Co. (NYSE: KR - news) today announced it has reached an agreementto purchase seven supermarkets in New Mexico from Furrs Supermarkets Inc.

The Penn Traffic Company (Nasdaq: PNFT - news) announced today that same store sales for the second quarter ended August 4, 2001, increased 0.7% from the comparable prior year period.

Sara Lee Corporation announced on Tuesday that it has completed its acquisition of The Earthgrains Company, the number-two player in the fresh bread category. The combined bakery operations of Sara Lee and Earthgrains, which will now be named the Sara Lee Bakery Group, together generate approximately $3.4 billion in annual sales.

Mott's Inc., a wholly-owned subsidiary of London-based Cadbury Schweppes plc, announced on Tuesday it had agreed to acquire the ReaLemon and ReaLime brands and related assets from Eagle Family Foods Inc. for $128 million.

UCCnet, a not-for-profit, tax-exempt organization that provides industry standards-based, global data synchronization, recently announced the formation of an advisory council to inform UCCnet regarding issues of enhanced functionality, product performance and usability within the organization's universal foundation for electronic commerce.

Nash Finch Company on Monday announced its completed acquisition of U Save Foods Inc. through a purchase of U Save's capital stock. Headquartered in Omaha, Neb., U Save Foods was a privately-held company with 14 supermarkets operating in Nebraska, Kansas and Colorado.