Dutch supermarket operator and wholesaler Sligro has booked a 25.2% drop in operating profit as intense price competition and challenging economic conditions weighed on margins. The firm revealed this morning (19 July) that net profit ...
Tags: Sligro, profit down, operating profit
US regional retailer Tops Friendly Markets is to buy a clutch of stores from GU Markets in the north-east of the country. Tops has agreed to acquire 21 supermarkets in the states of New York and Vermont from GU Markets, an affiliate of ...
The last bottle of 6.5-ounce Coke in its distinctive glass bottle rolled off the line this week at the Coca-Cola bottling plant and immediately fetched a cool $2,000 in an auction attended by executives,distributors and Coke enthusiasts. ...
Tags: bottle, Coca-Cola, the United States
UK confectionery wholesaler Hancocks Group has been sold in a management buy-out backed by H2 Equity Partners. The private-equity firm said it plans to "build on Hancocks' strong position in the market to take the company forward in the ...
Tags: Hancocks, depot network, management buy-out
The UK's Office of Fair Trading (OFT) has referred Booker's acquisition of Makro to the country's competition authority. Booker revealed in an announcement today (7 November), the OFT's decision to refer its completed acquisition of Makro ...
Tags: competition authority, food wholesaler, local cash-and-carry assets
The UK's largest cash and carry wholesaler Booker Group has posted a 13% rise in first-half profits, beating market expectations and prompting shares in the group to jump in morning trade today (18 October). In its half-year earnings ...
Tags: first-half profits, market expectations, full-year profit
UK wholesaler Booker has said it is on course to meet its full-year expectations after making a "good start" to its new financial year. The wholesale retailer said total sales rose 1.7% in the 12 weeks to 22 June, with tobacco weighing on ...
Tags: catering sector, restaurants and caterers, Non-tobacco
UK food wholesaler Booker is set to buy the local cash-and-carry assets of German retail giant Metro Group. Booker said today (30 May) it had agreed a cash-and-shares deal that values Metro's Makro UK arm at GBP139.7m. As part of the ...
Booker has said Makro's performance in the second quarter was "challenging" as the firm booked an increase in group sales. Sales in the 12 weeks to 14 September 2012 climbed 4.3% and 3.3% in the first 24 weeks of the year. The wholesale ...
Tags: food wholesaler, food industry, tobacco sales, tobacco
UK wholesaler Booker today (24 May) suggested it is positioning itself for further growth in the year to come through its strategy to "focus, drive and broaden" the business. The company posted a 27% rise in annual profits, which ...
Tags: Booker, catering customers, catering
Vetrotech Saint-Gobain has announced Triview of City of Industry, Calif., as the newest Keralite fire-rated glass ceramic distributors. Triview, a glass wholesaler representation in Southern California, is UL licensed to manufacture ...
Tags: Vetrotech, Triview, distributor
Pennsylvania-based insurance wholesale broker WN Tuscano Agency has completed acquisition of Special Risk Solutions (SRS), the brokerage division of Utica Mutual Insurance Company. SRS is scheduled to commence operations under the Tuscano ...
Tags: WN Tuscano Agency, Special Risk Solutions, acquisition
3M's Privacy screen Protector has been named the best core office product of the year in the annual North American Office Products Awards (NAOPA). Available in a variety of sizes to fit smart phones and tablets, the screen protectors keep ...
Tags: office products, year announced, awards, 3M
Genius Foods,a UK-based producer of gluten-free baked goods,has partnered with Bako,as a part of its plan to foray into the foodservice sector. Bako,a bakery products and ingredients wholesaler,will initially market Genius Foods'products ...
Tags: gluten-free baked goods, foodservice sector, bakery products
The Guardian Insurance & Annuity Company (GIAC), a wholly-owned subsidiary of The Guardian Life Insurance Company of America, has selected Jasonn Potter as the regional vice president for its retirement plans sales team. In his new role, ...
Tags: GIAC, The Guardian Life Insurance, Jasonn Potter, regional vice president