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Axfood Q3 operating profit slightly above expectations

1:00am EDT

Oct 19 (Reuters) - Axfood Ab :Axfood ab q3 ‍consolidated net sales amounted to sek 11,578 m​.Axfood ab q3 ‍operating profit was sek 604 m​.Axfood ab says ‍forecast is an operating profit for 2017 that is level with outcome for 2016​.Axfood ab says headed by willys, all segments showed favourable like-for-like sales in q3‍​.Axfood ab q3 like-for-like retail sales‍​ +4.5 percent.Axfood ab says sees 2017 operating profit in level with 2016‍​.Reuters poll: axfood q3 net sales seen at 11,531 million sek, ebit at 591 million sek.

SUPERVALU announces agreement to acquire Associated Grocers of Florida

Wednesday, 18 Oct 2017 06:35am EDT

Oct 18 (Reuters) - SUPERVALU Inc :SUPERVALU announces agreement to acquire Associated Grocers of Florida.SUPERVALU Inc - deal for ‍transaction valued at approximately $180 million.​.SUPERVALU Inc - ‍following completion of merger, Associated Grocers will be a wholly-owned subsidiary of SUPERVALU​.SUPERVALU Inc - reached a long-term supply agreement with Associated Grocers' largest customer that will go into effect upon closing of deal.SUPERVALU Inc- ‍transaction was approved by each company's board of directors​.

Supervalu Q2 loss per share $0.65‍​

Wednesday, 18 Oct 2017 06:30am EDT

Oct 18 (Reuters) - Supervalu Inc :Supervalu reports second quarter fiscal 2018 results.Q2 sales $3.8 billion versus I/B/E/S view $3.79 billion.Q2 earnings per share $0.46 from continuing operations.Q2 earnings per share view $0.35 -- Thomson Reuters I/B/E/S.Supervalu Inc sees net earnings from continuing operations to be in range of $31 million to $50 million for fiscal 2018​.Supervalu Inc sees ‍adjusted ebitda for fiscal 2018, including contribution from unified grocers, in range of $475 million to $495 million​.Supervalu Inc qtrly ‍retail identical store sales were negative 3.5 percent​.Supervalu inc qtrly loss per share $0.65‍​.

Conviviality says CFO Aandrew Humphreys to leave business​

Wednesday, 18 Oct 2017 02:00am EDT

Oct 18 (Reuters) - Conviviality Plc ::‍ANDREW HUMPHREYS, GROUP CFO, WILL BE LEAVING BUSINESS​.‍ANDREW WILL STEP DOWN FROM BOARD ON 30 OCTOBER 2017 AND WILL LEAVE BUSINESS AFTER A PERIOD OF HANDOVER TO HIS SUCCESSOR.​.‍MARK MORAN WILL BE JOINING BOARD OF CONVIVIALITY PLC AS GROUP CFO, EFFECTIVE FROM 30TH OCTOBER 2017​.

Yonghui Superstores to fully acquire Shanghai-based international trade firm for 30.2 mln yuan

Tuesday, 17 Oct 2017 10:06pm EDT

Oct 18 (Reuters) - Yonghui Superstores Co Ltd <601933.SS>:Says it will fully acquire 55 percent owned Shanghai-based international trade firm for 30.2 million yuan .

Chefs' Warehouse CFO John Austin resigns

Tuesday, 17 Oct 2017 04:40pm EDT

Oct 17 (Reuters) - Chefs' Warehouse Inc :Chefs' Warehouse Inc - John D. Austin submitted his resignation as Chief Financial Officer of co.Chefs' Warehouse Inc - ‍company's board of directors has appointed James Leddy as Chief Financial Officer -SEC filing​.

Sysco agrees to acquire Hawaii-based HFM FoodService

Tuesday, 17 Oct 2017 04:30pm EDT

Oct 17 (Reuters) - Sysco Corp :Sysco agrees to acquire Hawaii-based HFM FoodService.Sysco Corp - ‍Sysco expects to retain executive leadership team of HFM, as well as all current associates​.

Kroger announces retirement of Central division president Katie Wolfram

Tuesday, 17 Oct 2017 02:00pm EDT

Oct 17 (Reuters) - Kroger Co ::Kroger announces retirement of Katie Wolfram and names new leadership for the Central and QFC divisions.Says Suzy Monford will join company to serve as president of QFC division​.Says Pam Matthews to succeed Katie Wolfram as Central division president​.

Shenzhen Agricultural Products updates sale of shanghai-based investment unit

Tuesday, 17 Oct 2017 04:01am EDT

Oct 17 (Reuters) - Shenzhen Agricultural Products Co Ltd <000061.SZ>:Says it will list 100 percent stake in shanghai-based wholly owned investment unit and listing price of 217 million yuan .

Casino confirms 2017 targets, says no demands from Amazon over its purchasing centre

Tuesday, 17 Oct 2017 02:32am EDT

Oct 17 (Reuters) - Casino :Says confirms financial targets for 2017.Casino finance director says there has been a lot of "fake news" concerning Amazon and retailers.Finance director says Amazon has not made any demands to Casino regarding using its purchasing center.

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