Costco Wholesale Corp. is telling suppliers who maintain high prices that it may consider eliminating some brands if they don't offer relief, Richard Galanti, executive vice president and chief financial officer, told investors last week. We don't...
Like the hurricanes that seem to punish the state year after year, the current economic recession has Florida in its sights. A perennial leader in housing and population growth, the Sunshine State has clouded over as the building boom became a...
VILLAGE POSTS SALES, PROFIT GAINS SPRINGFIELD, N.J. Village Super Market here last week said increased traffic and higher average tickets helped boost sales and profitability in the company's second fiscal quarter. Bolstered by same-store sales...
BJ's Wholesale Club is anticipating comparable-store sales increases of 5% to 7% this year following a gain of 6.4% in 2008 with groceries leading the way, Laura J. Sen, president and chief operating officer, said last week. That guidance reflects...
Services were held last week for Randy Roberts, government relations director for Publix Super Markets. He died suddenly at his home, also here in Publix's headquarters city, earlier this month at age 36. Local reports said the cause of death may...
Publix Super Markets reported a rare decline in comparable-store sales last week, amid a weak economic environment and increasing price competition in Florida (see story, Page 12). The company reported a 20% decline in fourth-quarter net income...
Lower everyday prices at Stop & Shop and Giant-Landover are beginning to work just as officials had hoped they would. Consumers seeking value amid deteriorating economic conditions helped Ahold here post increases in sales and net income for the...
Sunflower Farmers Market last week unveiled plans for the opening of its third Texas location — all under its “Newflower Farmers Market” banner — in Dallas, and a spokeswoman said the company is eying additional sites in...
Anthony J. Rouse, founder of Rouses Markets, died last week at age 79.
Albertsons LLC announced last week that it has reached an agreement with Supervalu, Minneapolis, that allows Albertsons LLC the option to extend the companies’ “Transitional Services Agreement” (TSA) through Dec. 31, 2014.
