Canadian supermarket group Loblaw has said profits fell during the third quarter as one-time items weighed on the bottom line. Loblaw's net income fell by 5.9% to C$222m (US$222m) after charges including C$29m related to its ongoing IT ...
Tags: net income, Sales, shareholder value
The Great Atlantic and Pacific Tea Co has announced the expansion of its premium private label Two Forks Bakery and Hartford Reserve Deli lines. In bakery, the US supermarket group added a line of cupcakes and rebranded its key lime and ...
Tags: A&P, private label, bakery and deli lines
Supervalu Inc has booked a jump in second-quarter losses, driven by charges related to the supermarket group's turnaround plan. The company said its second-quarter net loss totalled US$111m in the three months, up from $60m in the ...
Tags: Supervalu Inc, losses, fiscal, debt refinancing, food
UK food sales have jumped as consumers splashed out for the Queen's Diamond Jubilee, but the latest figures from Kantar Worldpanel show that Tesco and Morrisons struggled to take advantage of this market growth. Both Tesco and Morrisons ...
Tags: food, Tesco, retailer, grocery inflation, frozen food