Roundy’s To Borrow $150M To Pay Dividend
Roundy’s Supermarkets Inc. plans to borrow $150 million to pay a dividend to its owners. …
Retail & FoodService
Supervalu Severs Relationship With Daymon
Supervalu has decided to terminate its relationship with the private label giant, effective May 15. …
Supervalu To Sell Six Bigg’s Stores, Close Five
Grocer Supervalu Inc. said it would sell six Cincinnati-area Bigg’s stores and their pharmacies to employee-owned Remke Markets and close its five remaining Bigg’s stores. …
Darden Positions Itself For Greater Growth
Darden Restaurants announced that John Caron, executive vice president of marketing for Olive Garden, has been promoted into the newly created role of chief marketing officer for Darden. …
Chain Restaurant Sales Down Slightly
The 500 largest U.S. restaurant chains registered a decline in sales, posting 0.8 percent annual sales decline in 2009. …