Harris Teeter is feeling the chill of the slowing economy. Shoppers made fewer discretionary purchases and traded down to lower-priced store-brand items, leading to a 2.1% decline in comparable-store sales during the fiscal first quarter, which...
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE THURSDAY, JAN. 29, 2009 MARKET SUMMARY gainers 10 losers 14 unchanged 0 MOST ACTIVE BY VOLUME Wal-Mart 76,650,139 Target 44,444,890 Kroger 21,274,728 AS PERCENTAGE OF SHARES...
MONTREAL After Metro Inc. here posted quarterly earnings and margins that exceeded expectations, one analyst questioned whether the retailer could sustain it. Metro said strong sales as well a continued recovery from price competition and internal...
Buy Low Markets is on the move. After opening three stores spread across Southern California in El Monte, Inglewood and Long Beach over the last five years, the company opened its fourth location, in Las Vegas, last summer and held the grand...
As the National Grocers Association convenes its Annual Convention and Supermarket Synergy Showcase in Las Vegas this week, SN takes a closer look at four independents that are defying the economic downturn and forging ahead with bold new stores...
The economy may be sputtering like a stalled engine, but for one Philadelphia-area independent, it's full steam ahead. The Fresh Grocer opened its seventh store late last year marking the debut of its larger, full-service prototype in Wilmington...
The newest ShopRite in Wilmington, Del., has more than its share of firsts. It is the first new store opened by the Kenny Family ShopRites of Delaware since the Kennys acquired the company in 1995. But the 70,000-square-foot store also includes...
The Crisp family is coming back home next week and bringing the town's first and only supermarket with it. The 42,000-square-foot Crisp's is scheduled to open next Monday on the site of a former hayfield at the north edge of town. Until we open...