Bloom Supermarkets, a Food Lion banner with more than 60 stores in North and South Carolina, Virginia and Maryland, has named Paul Sabattus to the newly created position of vice president of merchandising and training.
Stater Bros. Holdings said yesterday it is disappointed with the earnings decline in its fiscal first quarter, but enthusiastic that low margins have helped boost customer counts.
The National Retail Federation yesterday said it issued a letter to Congressional leaders calling for more incentives to drive consumer spending.
Publix Super Markets placed fourth in a field of roughly 20,000 corporate teams with funds it raised during the March of Dimes’ March for Babies 2008, according to the March of Dimes.
Supermarket stocks plunged along with the rest of the market yesterday after an analyst issued a report downgrading Kroger and Safeway and speculating that a difficult price war among food retailers was likely to damage profitability this year.
Dollar General said Tuesday that it would open 450 new stores this fiscal year, more than doubling last year’s total of 207 new store openings.
Wal-Mart Stores reportedly plans to eliminate 700 to 800 jobs at its headquarters here.
The Wal-Mart Foundation here said yesterday it will make a $3.6 million grant to fund a program to provide free tax preparation and filing services to individuals who earn less than $56,000 per year.
Albertsons LLC said it plans to make "a significant capital investment" in its existing store base in the Dallas-Fort Worth area.