Nash Finch Q1 Sales Up, Earnings Down
MINNEAPOLIS — Nash Finch Co. here on Thursday said lower gross margins in its military distribution segment and higher operating expenses led to a 62.2% decrease in net earnings in … Continue Reading →
Tag: Down
Dollar General Sees Trading Down Continue
GOODLETTSVILLE, Tenn. — Dollar General Corp. here said Monday it expects to reap ongoing benefits from its ability to serve economically challenged consumers. read more Supermarket News
U.S. Deputy Agriculture Secretary Kathleen Merrigan steps down
According to the Obama Foodorama blog, U.S. Agriculture Deputy Secretary Kathleen Merrigan announced on March 14 that she is resigning from her post after serving for all of President Obama’s … Continue Reading →
Q4 Sales Up, Profits Down at Stater Bros.
SAN BERNADINO, Calif. — Stater Bros. Holdings here posted increases in sales and earnings for the recent fiscal year, although fourth-quarter profits fell. read more Supermarket News
C-Store Traffic Down in Q3: Report
HOUSTON — Convenience-store traffic fell in the third quarter amid higher gas prices and pressure from competitive channels such as supermarkets, according to research released Tuesday. read more Supermarket News
Hostess to shut down due to employee strike
According to the Chicago Tribune, on Nov. 16, Hostess Brands received a court order for an expedited hearing on its request to liquidate. IFT Daily News
U.S. restaurant performance down in Sept. due to less traffic
As a result of softer same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) declined in September. IFT Daily News
Americans’ total cholesterol trending down
A study published in the Journal of the American Medical Association (JAMA) shows that overall Americans’ total cholesterol levels seem to be going down. IFT Daily News
Sedlar Steps Down as New Seasons CEO
PORTLAND, Ore. — New Seasons Market here said Wednesday that Lisa Sedlar, the chain’s president and chief executive officer, plans to step down to start her own company. read more … Continue Reading →
CFIA Shuts Down Beef Supplier as E. Coli Illnesses Identified
BROOKS, Alberta — Last week the Canadian Food Inspection Agency shut down a beef supplier here where E. coli had been found in early September as it identified four illnesses … Continue Reading →