Morrisons sells 114 Safeway shops
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Somerfield is set to take over the running of 114 Safeway stores and a distribution centre being sold by Morrisons for Â£260m.
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William Morrison, the fourth largest grocery chain, said it had agreed to sell 114 stores to rival Somerfield for 260 million pounds.
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A Sacramento Valley grocery union that represents 19,000 clerks said Monday that it has reached a tentative contract agreement with three supermarket chains, Safeway, Albertson&#39;s and Kroger.
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Safeway Inc. , the No. 3 U.S.  grocer, posted a higher quarterly profit on Thursday, as  remodeled stores, fresh produce and prepared meals helped it to  lure shoppers.
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Safeway Inc. SWY.N on Thursday  agreed to pay $245,000 and boost its efforts to curb under-age  cigarette sales to settle a California lawsuit charging the  grocer with selling tobacco products to minors.
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Business & money: Troubled supermarket chain will close around 90 of its stores.
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Dutch retailer Ahold has sold its network of about 600 Spanish retail stores to private equity group Permira. The two parties valued the deal at 685m euros ($850m; Â£472m).
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Supermarket chain Morrisons reports strong festive trading, with same-store sales increasing by 9.5%.
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Morrisons today revealed a 7.6% fall in interim pre-tax profits, as the supermarket group suffered another hit from the Safeway chain it took over in March.
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Safeway Inc. , the No. 3 U.S. grocer, posted a 77 percent rise in quarterly profit on Thursday as remodeled stores, fresh produce and prepared meals helped lure shoppers.
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The operator of some of Americaâs best-known shopping centres - New Yorkâs South Street Seaport, Chicagoâs Water Tower Place and Bostonâs Faneuil Hall Marketplace â-greed to be sold yesterday in a $12.
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Business & money: Stores rise above floods to improve profits by 1.6% as Green eschews dividend after 'horrific' summer.
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The Woolworths, Foodtown and Countdown supermarkets will be listed on the sharemarket if Australia&#39;s Metcash gets its way. Metcash, a liquor and grocery wholesaler, yesterday bid A$846 million
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Safeway's taking its organics line further.
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Business & money: Â· Grocer buys Dobbies chain with surprise Â£156m dealÂ· Stores will retain name to avoid 'Tescofication' fears
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On Tuesday, the Atlanta-based home improvement chain said the more than 1,800 products to be sold online include trash compactors, cooktops, dishwashers, washers, dryers, refrigerators, freezers, ranges and wall ovens.
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INDEPENDENT grocery wholesaler Metcash Trading has made a bold bid to become the third force in our supermarket scene behind Woolworths and Coles with a $846 million offer for Foodland yesterday.