QUINCY, Mass. — SN has named Stop & Shop and Giant of Landover the winners of the 2009 Retail Excellence Award, sponsored by Kraft Foods.
The two Ahold-owned chains have reasserted their dominance as value leaders in their markets, and remain standouts in such areas as marketing, technology and health and wellness.
Same-store sales gains of 4.2%, excluding gas, through the first half of 2009, at Stop & Shop, and of 3.5% at Giant-Landover attest to the success of the company’s improved positioning. Profits improved at an even faster clip, with double-digit percentage gains in operating income in both the first and second quarters.
A profile of the chains, including interviews with top executives, appears in the Oct. 5 print issue.
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