Supermarket & Grocery Industry News

ZAANDAM, The Netherlands - Ahold said today that its third worldwide promotion held last fall generated record sales.

TORRANCE, Calif. - Agribuys, a supply chain integrator for the global food industry, today announced the adoption of its perishables trading platform by Wegmans Food Markets Inc. of Rochester, N.Y.

LAWRENCEVILLE, N.J. - UCCnet announced today that Wegmans Food Markets and the Nestle Purina PetCare Company (formerly Ralston Purina Company) are now using UCCnet services for communicating product information for all Purina product categories carried by Wegmans.

DALLAS - Fleming announced on Thursday that it has been named a "critical vendor" to Kmart by the U.S. Bankruptcy Court and that $76 million of Fleming's pre-petition merchandise receivables claim will be paid by Kmart today.

NEW YORK - Wal-Mart Stores Inc. is on pace to record more than $220 billion in revenue for the 2001 fiscal year, which would make it the world's largest company according to Fortune magazine's annual list, The Associated Press reports.

NEW YORK - The news that Fleming Cos., Kmart's major food distributor, had decided on Monday to halt shipments after the retailer failed to pay its weekly bill was the final nail in the coffin for Kmart, which filed for bankruptcy protection on Tuesday, according to a report published by Retail Merchandiser magazine.

NEW YORK - This year's Store-Specific Merchandising and Marketing Conference -- being held April 10-12 at Disney's Grand Floridian Hotel in Orlando, Fla. -- is entitled, "Connecting with the New Consumer."

TROY, Mich. - Kmart Corp. announced today that the company and 37 of its U.S. subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code.