Despite a sharp drop in third quarter net profit, Israeli food manufacturer Elite Industries said it expected foreign investments to begin to pay off with strong growth seen in 2002.
Fleming (NYSE:FLM) today reported a 52 percent increase in third quarter 2001 net earnings to $22.8 million, or $0.47 per share, after adjustments to exclude strategic plan charges and one-time items, compared to $15.0 million, or $0.37 per share, in the third quarter of 2000.
The winners of the Private Label Manufacturers Association Salute to Excellence awards have been chosen. The award in the supermarket category will go to Stop & Shop, Boston, MA. Drug chain honors will go to Uniprix, St. Leonard, PQ.
Two separate presentations featuring the latest in electronics technology and quality assurance will spotlight the Quality Assurance Association Fall 2001 meeting. The meeting is Wednesday November 13, with store tours Thursday, November 14.
The terrorist attack on America September 11 left the country wounded but unified. Many retailing chains were among the first to lend support, however they could. Safeway, Pleasanton, CA, went into immediate action after the attack.
Wegman’s, Rochester, NY, has always been ahead of the pack with its private label (see, among other things, its Wkids line in this issue’s cover story). This forethought has garnered the chain with numerous critical praises. The latest is from Phil Lempert, of the notable Lempert Report.
Topco Associates, Skokie, IL, and Shurfine International, Northlake, IL have signed a definite agreement to merge. Those receiving Shurfine goods, including Shurfine private labels, will continue receiving them.
Private Label Manufacturers Association members who attended the annual PLMA Washington Conference, October 15-16, 2001, at the Hyatt Regency on Capitol Hill, received detailed briefings on a number of economic and industry issues confronting the country today.
Hormel Foods Corporation (NYSE:HRL) announced yesterday that the company and its subsidiaries will donate food products - and will assist employees in donating funds and blood - to aid disaster relief efforts in New York City.
Everyone at PRIVATE LABEL MAGAZINE and its sister publications is safe and sound, but the publications web sites were knocked out for five days by the terrorist attack on New York Citys World Trade Center that claimed the lives of thousands of innocent people.
Shes Americas home decorating guru. Shes also the queen of private label at Kmart, where the Martha Stewart Everday brand now appears on some 4,500 SKUs - not counting live plants. Martha Stewart and Kmart are in for the long haul.
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