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US: A&P promotes COO Hertz to CEO

24 Mar 2014

Paul Hertz, the COO at US grocer A&P, has been named the retailer's chief executive.

Talking shop: Albertsons owner seeks strength in scale with Safeway buy

20 Mar 2014

Changing consumer behaviour is having a transformational impact on the US food and food retail sectors, as consumers alter where they shop and what they buy. The growing popularity of non-traditional channels has resulted in a jump in consolidation. Traditional supermarkets are seeking strength through scale, as evidenced by the deal that could see Albertsons owner Cerberus take control of Safeway. Dean Best reports.

US: Newman's Own launches fat-free Greek yoghurt

20 Mar 2014

Newman's Own is launching a range of Greek Nonfat Yoghurts under its namesake brand.

US: A&P CEO Martin leaves US retailer

10 Jan 2014

US retailer A&P has confirmed CEO Sam Martin has left the business.

On the move: Kroger in safe hands after Dillon exit

24 Sep 2013

US supermarket chain Kroger is fighting fit. The company has been growing market share for a number of quarters and a focus on expanding its store count has fuelled further expansion. The news CEO Dave Dillon is standing down will see him go out on top. Waiting in the wings is chief operating officer Rodney McMullen. The long-time Kroger executive represents a safe pair of hands as the retailer pushes on with its growth plans. Katy Askew reports.

US: A&P hires Credit Suisse to seek funding

30 Jul 2013

US retailer The Great Atlantic and Pacific Tea Co., which emerged from bankruptcy last year, has hired Credit Suisse to assist the company in finding additional funding.

What the analysts say: The verdict on Unilever's H1

25 Jul 2013

Unilever has characterised its first-half numbers as "solid", with higher profits driven by margin improvements and a focus on brands that deliver higher returns. However, Unilever's underlying sales growth narrowly missed consensus. There has been some concern about a slowdown in Unilever's emerging market sales growth and net revenue gains were hit by currency exchange and disposals. Here is the City's verdict on Unilever's H1 numbers.

US: Diamond losses fall but restates H1 earnings

11 Jun 2013

US snack group Diamond Foods has reported a fall in its losses for the first nine months of its financial year, although the Kettle Chips owner has had to restate its first-half earnings.

US: Former A&P CFO Silcock joins Diamond Foods

11 Jun 2013

Kettle Chips owner Diamond Foods has named former A&P CFO Raymond Silcock as its new finance chief.

GERMANY: Retail chain Kaiser's pulls lasagnes amid horse meat fears

11 Feb 2013

German retailer Tengelmann has confirmed its Kaiser's supermarket chain has pulled frozen lasagnes from shelves amid concerns the lines could contain horse meat.

What the analysts say: Unilever's Q4 & full-year

23 Jan 2013

Anglo-Dutch consumer goods giant Unilever this morning (23 January) booked an expectation-beating increase in underlying sales. Net and operating profit were also up, with core operating margin rising to 13.8%. Unilever's food division, however, faced a number of challenges, including "difficult markets", but overall, analyst's thoughts on the results were relatively upbeat and positive.

US: A&P expands private label bakery and deli lines

25 Sep 2012

The Great Atlantic and Pacific Tea Co has announced the expansion of its premium private label Two Forks Bakery and Hartford Reserve Deli lines.

US: A&P in talks to sell Food Emporium stores

14 Sep 2012

US retailer A&P has confirmed plans to sell its Food Emporium stores as the company looks to resize the business after its spell under Chapter 11.

What the analysts say: the verdict on Lindt's H1

21 Aug 2012

Lindt & Sprungli's first-half organic sales, announced today (21 August), failed to meet analyst expectations, as a poor economic outlook in its major markets dampened premium chocolate sales. However, the chocolate maker's profit growth and affirmation of its full-year outlook were welcomed.

On the money: Polman demands more from Unilever food

26 Jul 2012

Unilever CEO Paul Polman today (26 July) called on the company's food business to improve further after reporting an up-and-down first half of the year.

US: A&P emerges from bankruptcy, appoints CFO

14 Mar 2012

Great Atlantic & Pacific Tea Co's (A&P) has exited Chapter 11 bankruptcy and appointed a CFO to replace the resigning Frederic Brace.

US: Turnaround veteran Rayburn to lead ailing baker Hostess

12 Mar 2012

Turnaround veteran Greg Rayburn has been named president and CEO of US baker Hostess Brands, which moved into bankruptcy protection in January.

US: A&P to exit Chapter 11 under Burkle supervision

28 Feb 2012

A US bankruptcy court has approved the Great Atlantic & Pacific Tea Co's plan to exit Chapter 11 bankruptcy following a commitment from retail magnate Ron Burkle to inject funds into the firm and oversee moves to trim the fat from A&P's retail operations.

US: Retailer A&P to close 14 more stores

10 Jan 2012

US retailer A&P, which is looking to emerge from bankruptcy this year, has said it plans to close another 14 outlets.

US: Retailer A&P welcomes union deal

2 Dec 2011

US retailer A&P has said a pay deal with union officials is a key step in the company's attempt to recover from bankruptcy.

US: A&P union pay deal paves way for recovery

30 Nov 2011

US union supermarket workers at Pathmark and A&P voted on Tuesday (29 November) to accept a pay cut in a deal to save their bankrupt employer, supermarket giant Great Atlantic & Pacific Tea.

US: Singh takes Ahold US operations role

30 Sep 2011

Dutch food retailer Ahold has named Bhavdeep Singh to executive vice president of its US operations.

US: Wal-Mart, Delhaize stores remain closed in wake of Irene

30 Aug 2011

Stores owned by retailers including Wal-Mart Stores and Delhaize remain closed in the wake of Hurricane Irene, which hit the US east coast on Saturday (27 August).

CHINA: Control of A&P costs helps Tingyi H1 profits

23 Aug 2011

Chinese food and beverage maker Tingyi has reported an increase in first-half profits as its control of advertising and promotional spending offset pressure from raw-material costs.

GERMANY: Tengelmann sees no future in A&P investment

14 Jul 2011

German retailer Tengelmann does not plan to be a shareholder in A&P when the US retailer emerges from Chapter 11 bankruptcy.

US: A&P completes Superfresh auction

26 May 2011

US retailer A&P has said that it has completed the auction of 25 of its Superfresh outlets.

US: A&P puts more stores up for sale

14 Apr 2011

US retailer A&P, which filed for Chapter 11 in December, has put more stores on the block as it continues to turn around its business.

US: A&P plans 32 store closures

16 Feb 2011

A&P, the US grocer that recently applied for Chapter 11 protection, plans to close 32 stores as it continues to implement its financial and operational restructuring.

US: A&P names six merchandising, marketing execs

16 Feb 2011

A&P has appointed six executives to its merchandising and marketing team to help the US retailer enhance value for customers, while reducing structural and operating costs.

US: A&P appoints restructuring veteran Rayburn to board

7 Feb 2011

Troubled US retailer A&P has elected restructuring specialist Greg Rayburn to its board of directors.

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