Roundy’s To Borrow $150M To Pay Dividend

Roundy’s Supermarkets Inc. plans to borrow $150 million to pay a dividend to its owners.

Supervalu Severs Relationship With Daymon

March 29, 2010 Morning News Beat

Supervalu has decided to terminate its relationship with the private label giant, effective May 15.

Supervalu To Sell Six Bigg’s Stores, Close Five

March 29, 2010 Lisa Baertlein, Reuters

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

March 26, 2010 Darden Restaurants Inc.

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.