For the first quarter of the current fiscal year, Costco, Issaquah, Wash., reported a net sales increase of 6.0% to $16.92 billion with comparable store sales up 3.0%.
South Korea's Pulmuone Holdings Co. Ltd. said U.S. subsidiary Pulmuone U.S.A. Inc., Fullerton, Calif., completed its tender offer for Monterey Gourmet Foods.
The National Frozen & Refrigerated Foods Association (NFRA), Harrisburg, Pa., said it elected association officers and members of the board of directors for 2009-2010.
Refrigerated pasta and specialty foods processor Monterey Gourmet Foods, Inc., Salinas, Calif., said it agreed to be purchased by Korea's Pulmuone U.S.A., Inc. in a $2.70 per share cash tender.