Kroger Boosts Quarterly Dividend by 10.5%
Kroger Co. increased its quarterly dividend by 10.5% as the largest U.S. supermarket chain continues to outperform the industry.
grocery
The Food Emporium Could Be Up for Sale
Great Atlantic & Pacific Tea Co., owner of the A&P supermarket chain, may sell its Food Emporium stores as the 151-year-old company continues to try to turn around its finances by cutting costs and revamping leadership.
Supervalu Earnings: Grocer's Woes Continue
Grocery chain Supervalu reported a net income of 31 cents per share this morning for the last quarter, which ended May 10, a 40% decline year-over-year. An after-tax charge of 12 cents per share that brought the figure down, but the quarter was still a disappointment.
Is Trader Joe's Dive Into Sustainable Seafood Too Late to Help?
The quirky grocery chain plans to shift all of its seafood purchases to sustainable sources by the end of 2012. This extremely welcome move could herald a shift that can help save a deeply endangered food source. But sadly, it probably won't -- because the damage to fisheries may be past the point of no return.
Why America Can't Get a Great Cup of Coffee
When it comes to ground coffee, blends of beans are the top sellers in America. Sadly, this means most buyers aren't getting a great cup of java, says Consumer Reports, which tested 37 varieties without finding a single one it could rate "excellent" or "very good."
