Tom Thumb, Minyard, Kroger and Albertson's are adapting their strategies to better compete with Wal-Mart in the Dallas-Fort Worth region. Albertson's is remodeling stores, Minyard is focusing on the Hispanic-focused Carnival banner and Tom Thumb is adding more organic, natural foods to its Lifestyles store format.
Manischewitz, which is owned by R.A.B. Food Group, is moving its operations to Newark from its historic home in Jersey City, New Jersey. R.A.B., which recently acquired several kosher food groups, is consolidating the production of its food products.
Steven Burd, Safeway's chairman, president and CEO, earned $2.29 million in 2004, including a base salary of $1.14 million and bonuses totaling about $1.15 million, according to an SEC filing. The Los Angeles Times reported Burd also exercised stock options worth $17.2 million in 2004.