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GREENSBORO, N.C. — Members of the founding family behind The Fresh Market here have resigned their posts but will stay on board members, reports said last week: Brett Berry, chief executive officer, and Michael Barry, chief financial officer...
Bruno’s Supermarkets is expected to file a motion calling for the closure of 10 underperforming stores as part of its bankruptcy proceedings, according to reports from the retailer’s first day in federal bankruptcy court Friday.
Kroger said Friday that employees who are members of United Food & Commercial Workers Union Local 711 here have ratified a new labor agreement with the company’s Smith’s Food & Drug and Food 4 Less divisions.
Citing a tightening credit market and a soft economy, Bruno’s Supermarkets here filed for protection under Chapter 11 of the U.S. Bankruptcy Code Thursday.
Publix Super Markets said it will reopen a store under a new Hispanic format, but not the “Publix Sabor” banner it had unveiled at some sites in Florida.
A spokeswoman for Wakefern Food Corp. told SN Wednesday that the retailer demoted a Rhode Island worker for violating company policy, and not for speaking at a pro-labor rally, as a local union alleged.
Spartan Stores yesterday said strong comparable-store sales in its retail division helped drive gains in profits on continuing operations for the 16-week third quarter, which ended Jan. 3.
Targeted sales promotions, along with improvements in operating efficiency, drove a 97.6% increase in fourth-quarter net income for Weis Markets, the retailer said Wednesday, although earnings for the full year were down.