USA: Attorney general to investigate grocery retailers' alleged pact
California's attorney general has launched an investigation into allegations of unfair competition practices by the three grocery chains at the centre of a labour dispute in Southern California.
"This investigation will seek to determine whether the stores on the other side (of the labour dispute) are playing fair and within the rules set by state and federal law," Attorney General Bill Lockyer was quoted by Reuters as saying.
The attorney general's office said it had subpoenaed the retailers to produce any revenue sharing agreement after the grocers did not provide it voluntarily.
US supermarket chain Albertsons has reported a slight rise in net earnings for the second quarter to 4 August and said it was still "aggressively" running the company despite last week's announcement ...
Grocery retailer Albertsons has announced that its board of directors is exploring strategic alternatives to increase shareholder value, including a possible sale of the company....
UK grocery retailer Wm Morrison Supermarkets has announced that it has agreed to sell nine Safeway stores to rival Sainsbury's....
US grocery retailer Kroger has announced that it has entered into a multi-year agreement with InStore Broadcasting Network (IBN) to provide a television network for customers in more than 2,500 Kroger...
Supermarket chain Safeway has reported net income of $134.0m for the second quarter ended 18 June 2005 compared to $155.2m for the second quarter of the previous year....
Supermarket company Kroger has today reported net earnings of $294.3m for the first quarter ended 21 May 2005. Net earnings in the year-ago period were $262.8m....
Supermarket chain Safeway has reported net income of $131.3mfor the first quarter ended 26 March 2005 compared to $43.1m for the first quarter of 2004....
US natural and organic foods retailer Wild Oats Markets has announced that Robert Dimond has been named senior vice president and chief financial officer, effective 28 April....
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