FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE THURSDAY, FEB. 5, 2009 MARKET SUMMARY gainers 10 losers 14 unchanged 0 MOST ACTIVE BY VOLUME Wal-Mart 97,250,527 Target 70,828,815 Kroger 37,856,484 AS PERCENTAGE OF SHARES...
Supermarket operators are bracing for a prolonged economic slowdown that will put pressure on their profitability, according to a survey of food retailers conducted last month by SN. Recovery from the economic recession won't come until at least...
The Ohio Supreme Court last week agreed to hear a case seeking to bar the state from applying its Commercial Activities Tax to supermarkets and wholesalers.
GREENSBORO, N.C. — Members of the founding family behind The Fresh Market here have resigned their posts but will stay on board members, reports said last week: Brett Berry, chief executive officer, and Michael Barry, chief financial officer...
Bruno’s Supermarkets is expected to file a motion calling for the closure of 10 underperforming stores as part of its bankruptcy proceedings, according to reports from the retailer’s first day in federal bankruptcy court Friday.
Kroger said Friday that employees who are members of United Food & Commercial Workers Union Local 711 here have ratified a new labor agreement with the company’s Smith’s Food & Drug and Food 4 Less divisions.
Bills for a busy schedule of store openings contributed to a 12.3% decline in quarterly net income for Ingles Markets, the retailer said Thursday.
Citing a tightening credit market and a soft economy, Bruno’s Supermarkets here filed for protection under Chapter 11 of the U.S. Bankruptcy Code Thursday.
Bashas’ is planning to close five locations, including its prototype Ike’s Farmers Market near Tuscon, the company’s president told SN.