Moody’s Downgrades Supervalu Ratings
NEW YORK — Moody’s Investors Service here said it has downgraded the corporate family rating and probability of default rating of Supervalu’s debt to B3 from B1. read more Supermarket … Continue Reading →
Author: R. Daneel Olivaw
2012 Power 50: No. 43 Robert E. Hill
It’s been a particularly busy acquisition year for Acosta Sales & Marketing. The Jacksonville, Fla.-based company made four significant deals designed to deliver improved results and increased value to its … Continue Reading →
2012 Power 50: No. 44 Joseph T. Hansen
As the president of the United Food and Commercial Workers Union, Hansen has been meeting with top retailers and top government officials to try to figure out how health care … Continue Reading →
2012 Power 50: No. 45 The Mobile Consumer
It is hard to overstate the impact that mobile consumers — users of smartphones, who now represent more than half of all cell phone users, according to Nielsen — are … Continue Reading →
2012 Power 50: No. 46 Leslie G. Sarasin
A key characteristic of life inside the beltway is that change is always in the air — legislators come and go at the whim of the electorate, new issues rise … Continue Reading →
Tops to Buy 21 Stores From C&S
WILLIAMSVILLE, N.Y. — Tops Friendly Markets here has agreed to acquire 21 supermarkets in Upstate New York and Vermont — mostly under the Grand Union banner — from GU Family … Continue Reading →
Albertsons LLC Selects Recall System for Pharmacy
BOISE, Idaho — Albertsons LLC here, which operates more than 180 stores in Arizona, Arkansas, Colorado, Florida, Louisiana, New Mexico, and Texas, will use a product recall management system in … Continue Reading →
2012 Power 50: No. 47 Pamela G. Bailey
Pamela G. Bailey recently helped score a major victory for grocery manufacturers by pushing back against a set of guidelines for marketing to children. read more Supermarket News
2012 Power 50: No. 48 Peter Larkin
As president and chief executive officer of the National Grocers Association, Peter Larkin strives to be a voice for independent food retailers in Washington and a helping hand at home. … Continue Reading →
Wal-Mart Launches BTS Shopping Site
BENTONVILLE, ARK. — Wal-Mart Stores has introduced one-click shopping this back-to-school season on a site that incorporates teachers’ supply lists. read more Supermarket News