Safeway Options Surge Signals Deal As Shorts Pounce

Calls priced 10 percent above Safeway’s stock rose to the highest on record this month versus puts on three-month contracts, according to data compiled by Bloomberg, as traders anticipate a possible takeover, said JonesTrading Institutional Services LLC.

Metro Supermarket Chain Fighting Fiercer Competition

The 600-store Metro supermarket chain in Quebec and Ontario is fighting fiercer competition from Walmart, Loblaws, Sobeys, Costco and soon Target by selling more high-margin fresh produce, launching new food products and sprucing up customer service and store layouts.

Top American Pastry Chefs Return To Grand Rapids For International Competition

Eight of the most talented pastry chefs and instructors will return to Grand Rapids on Saturday (4/21) to compete to represent the United States in the Coupe du Monde de la Patisserie (World Pastry Cup) in France.

Greenery Market In West El Paso Goes For The Dough With Artisan Bread Offerings

Mark Heins, owner of the Greenery Market in Sunland Park Mall has teamed up with Tribeca Oven, an East Coast wholesale artisan bakery, to bring El Pasoans the same bread enjoyed by New Yorkers at upscale restaurants.

ABA Convention Program Reaffirms Industry's Priorities, Forecasts Industry's Future

The 2012 American Bakers Association (ABA) Convention drew more than 250 industry professionals to Scottsdale, Ariz. for a packed multi-day program. The sessions covered a diverse range of topics, from the technical issue of biotech wheat to the inspirational narrative from Navy SEAL/humanitarian Eric Greitens on the making of leaders and the importance of perseverance and service.