Arbor Investments acquires DPI Specialty Foods
Arbor Investments has completed the acquisition of a majority equity stake in Ontario, Calif.-based DPI Specialty Foods from Dublin, Ireland-based Ornua Co-Operative. IFT Daily News
Tag: Investments
Arbor Investments acquires Hudson Baking
Arbor Investments, based in Chicago, has announced the acquisition of Hudson Baking Company. IFT Daily News
Supervalu to continue price investments
Supervalu plans to continue making price investments in its Save-A-Lot stores to get closer to Aldi pricing, Bruce H. Besanko, EVP and CFO, told Wall Street investors Wednesday. read more … Continue Reading →
SpartanNash plans store investments
SpartanNash said Thursday it plans to invest in growing sales at the legacy Nash Finch retail locations it acquired last year, particularly in booming North Dakota. read more Supermarket News
Price investments, weather fuel Q1 sales at Delhaize
Price investments and severe winter weather helped Delhaize’s U.S. stores post a 4.6% comparable-store sales increase in the first quarter, the retailer said Wednesday. read more Supermarket News
Ahold Ramps Up Online Investments
PHILADELPHIA — Ahold will accelerate investment in its Peapod internet shopping site, including expanding pickup points for online orders, as part of an ongoing growth strategy, officials at the retailer’s … Continue Reading →
Spartan to Continue Investments
GRAND RAPIDS, Mich. — Spartan Stores here said Wednesday it plans to continue to make strategic promotional and capital investments to drive higher sales to counter the slow pace of … Continue Reading →
Supervalu Posts Q2 Loss, Rethinks Price Investments
MINNEAPOLIS — Supervalu here said Thursday that it recorded a loss of $ 111 million in the fiscal second quarter on a 4.6% decline in sales, to $ 8 billion. … Continue Reading →
Price Investments Threaten Margins: Fitch
NEW YORK — A renewed period of price investments across the industry — driven by Supervalu’s efforts to drive customer sales and traffic — could have a negative impact on … Continue Reading →
Nash Finch, Leevers Make School Investments
MINNEAPOLIS — Nash Finch Co. said Friday that it joined with its distribution customer Leevers Foods to provide funding for resource rooms for the Devils Lake, N.D., School District and … Continue Reading →