Topic: Grocery Stores
Earns SuperValu
AP News
FILE - In this April 28, 2008 file photo, a shopper looks at the meat section of an Albertson's supermarket, a division of SuperValu, Inc. in Glendale, Calif. Grocer Supervalu Inc., whose sales and profit have suffered during the recession, on Tuesday, Jan. 12, 2010 said it returned to a ...
Moody's lowers ratings outlook on Supervalu
AP News
Moody's lowers ratings outlook on Supervalu debt to negative from stableMoody's Investors Service said Thursday it lowered its outlook on the debt ratings of grocer Supervalu Inc. and its subsidiaries to negative from stable. It affirmed Supervalu's junk-grade "Ba3" corporate family rating and the "Ba3" ratings of ...
US Ahold unit buys Ukrop grocery chain
AP News
Dutch grocery chain buys Virginia's Ukrop's Super Markets for $140 millionDutch grocer Royal Ahold NV will acquire a Virginia super market chain in a deal valued at $140 million, the company said Thursday. The acquisition of Ukrop's Super Markets Inc. includes the family owned grocer's 25 ...
Kroger reports $875M 3Q loss on charge at CA chain
AP News
Kroger reports $875M 3Q loss, hit by tough national competition, $1B charge at Calif. chainThe Kroger Co. is hurting from California's ailing economy and the overall bite of a dollar-by-dollar battle under way nationwide for recession-pinched households' grocery spending. The nation's largest traditional grocery chain reported Tuesday an ...
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