retail news in context, analysis with attitude

  • NamNews reports that Ahold is nearing completion of the sale of its Brazilian assets - Bompreco and much of G.Barbosa - to Wal-Mart. However, analysts say that regulatory issues may force the company to sell only Bompreco to Wal-Mart, and sell the rest of its holdings to a local concern.

  • Kansas City-based Associated Wholesale Grocers announced at the annual National Grocers Association (NGA) convention that it is expanding its dollar-store-style product selection by 300 to more than 860 SKUs. The company expects the segment to generate $16 million in sales this year.

  • C&S Wholesale Grocers announced that it will close two warehouses that it acquired from Supervalu last year, in Cranston, R.I., and in Andover, Mass.

  • Hershey Foods has signed a deal with Dr. Barry Sears and will introduce a line of nutrition bars based on Sears' Zone Diet during the third quarter of this year.

KC's View:
Now, as long as Sears doesn't die of congestive heart failure, it'll all work out okay…