Word: grocer
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Dates: during 1990-1999
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Miller, who transformed regional grocer Fred Meyer into a supermarket behemoth before it was sold to Kroger earlier this year, knows fixing Rite Aid will be an uphill battle, so he's bringing three top lieutenants to help him. "Bob really cares about the customer, and that wasn't always an attitude that pervaded Rite Aid," says Meredith Adler, analyst at Lehman Bros. "He's a talented manager and a real straight shooter...
...Tokyo, has a stake in more e-businesses in more countries than any other cyberprospector out there. Yahoo? Softbank is the largest single investor, with 23%. PeoplePC, the $24.95-a-month service that gives you a free computer and online access, is a Softbank-affiliated company. So is online grocer Webvan, whose initial public offering three weeks ago soared 66% on Day One. So too is Global Sports, which just launched shopping sites for Athlete's Foot and a host of other sporting-goods stores. And so on, to the tune of more than $40 billion in around 130 companies...
...Fourth Circuit Court of Appeals ruled that although Food Lion lost $1.3 billion when its stock plunged the week the segment aired, the loss was not the result of ABC?s fraudulent reporting methods, but of the report's findings, which were true. A divided court awarded the grocer a token $2 for damages from ABC's reporting misrepresentations...
Council members came down hard on Beth Rubenstein, assistant city manager for community development, for her report on finding a new grocer to replace the recently closed Barsamian's on Mass...
...probably sympathize. E-commerce is hard, and it's tough to know for sure if it's for you. But with total retail e-commerce sales nearly tripling, from $2.7 billion to $7.9 billion for the 12-month period ending in June, everybody from your broker to the corner grocer to the guy who sold you that recliner you're sitting on is paying attention to the online biz, no matter what the aggravation. And whether they're working for an aggressive Net start-up, a brick-and-mortar retailer who fears getting "Amazon-ed" or a company content...