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Michael Byars, who took over last week as the new president and chief executive officer of Bi-Lo, has a pretty good idea of what he's getting into. He grew up in Gaffney, S.C., about 45 miles from the retailer's headquarters here, and has a...
The stock market took a show me attitude to Safeway's fourth-quarter financial results last week driving the share price down in an apparent demonstration of dissatisfaction that the company's price investments have not shown up strongly enough on...
The impact of the recession on retailers and consumers, coupled with health and safety concerns associated with goods stolen for resale, may help bring about passage of federal legislation addressing organized retail crime, according to executives...
Sales of natural and organic products have been during the past few months, the chief executive officer of United Natural Foods told SN last week. In an interview following the release of second-quarter earnings, Steven Spinner, CEO of the natural...
Whoops. Dollar Tree Stores has ended its experiment with price points that were not $1 or less. We called it , and the strategy was, Oops, we know this isn't $1 but it's too good to pass up, explained Bob Sasser, president and chief executive...
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE THURSDAY, FEB. 26, 2009 MARKET SUMMARY gainers 2 losers 22 unchanged 0 MOST ACTIVE BY VOLUME Wal-Mart 102,538,382 Target 63,122,493 Kroger 39,242,157 AS PERCENTAGE OF SHARES...
SUPERVALU BUNDLES SERVICES AS MINNEAPOLIS Supervalu said last week that it has united professional services for its independent retailers under a new platform known as Independent Sales and Marketing. ISM, which will have its own logo in the form...
Meijer Inc., one of the earliest pioneers of the supercenter format, was born 75 years ago because Hendrik Meijer's barber shop business was slowing down and because neither A&P nor Kroger was willing to rent out the empty store next door. Meijer...
For Meijer, big is still better. While many operators are pondering the value of smaller formats, Grand Rapids, Mich.-based Meijer shows no signs of moving away from the 200,000-square-foot-plus stores that have been its bread and butter since...
Frederik Meijer is leaving his mark on posterity, not only in the family name on the chain of stores his father started, but also in the form of something even more solid: sculpture. In 100 years I doubt there will be Meijer stores in a...