Check out our new daily podcast featuring editors from Supermarket News & CSP Daily News. The Retail Daily provides a quick update of the day’s top headlines from the grocery and c-store industries.
Sign up for the Supermarket News Daily newsletter.
Trying to create a new image for established stores is always a challenge, and doing so in the midst of a weak economic environment doesn't make it any easier. However, that's what The Markets here, formerly known as Brown & Cole, is doing, Kevin...
Aldi plans to open more than 75 stores in 2009, including the discounter's first location in New York City, a spokeswoman for the chain told SN last week. Aldi declined to identify specific locations, but said it was looking in the boroughs of...
The 75 largest food retailers and wholesalers in the U.S. and Canada combined to produce $893.08 billion in revenues in 2008, up 7.6% over their total in the preceding year. The sales volume includes revenues from both food and nonfood merchandise...
Giving back to the communities where it operates has been woven into the culture at Publix Super Markets since its earliest days an integral part of the organization instilled by founder George Jenkins. The Lakeland, Fla.-based operator not only...
Shoppers seeking values in a tough economy helped raise sales, earnings and market share for Family Dollar Stores, the discounter here said last week. The chain said net earnings during the fiscal first quarter, which ended Dec. 31, increased 14.1...
Funds associated with Ron Burkle's Yucaipa Cos. last week revealed they had acquired 7% of Whole Foods Market in a move one analyst said heralds a change in the entrepreneurial posture of the iconic natural foods retailer. A filing with the...
In a year in which the Dow Jones Industrial Average lost about a third of its value, supermarket stocks actually didn't fare too poorly by comparison. Although more than half of the 24 North American food retailing stocks tracked by SN had double...
Supervalu said it would close 50 struggling stores by next month, and slash its capital budget for the coming fiscal year, as it continues to adjust to a rough economy. The retailer last week recorded a third-quarter loss of $2.9 billion, or $13...
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE WEDNESDAY, JAN. 7, 2009 market summary gainers 8 losers 16 unchanged 0 Supervalu +11.85% Target +7.18% A&P +6.54% MOST ACTIVE BY VOLUME Wal-Mart 48,202,625 Target 26,880,616...
WINN-DIXIE PILOTS NEW SAVERITE JACKSONVILLE, Fla. Winn-Dixie Stores said last week that it has opened a new prototype of its SaveRite discount format near its headquarters here. The 48,000-square-foot store a redesign of an existing SaveRite...