In a year in which the Dow Jones Industrial Average lost about a third of its value, supermarket stocks actually didn't fare too poorly by comparison. Although more than half of the 24 North American food retailing stocks tracked by SN had double...

Supervalu said it would close 50 struggling stores by next month, and slash its capital budget for the coming fiscal year, as it continues to adjust to a rough economy. The retailer last week recorded a third-quarter loss of $2.9 billion, or $13...

FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE WEDNESDAY, JAN. 7, 2009 market summary gainers 8 losers 16 unchanged 0 Supervalu +11.85% Target +7.18% A&P +6.54% MOST ACTIVE BY VOLUME Wal-Mart 48,202,625 Target 26,880,616...

WINN-DIXIE PILOTS NEW SAVERITE JACKSONVILLE, Fla. Winn-Dixie Stores said last week that it has opened a new prototype of its SaveRite discount format near its headquarters here. The 48,000-square-foot store a redesign of an existing SaveRite...

Wal-Mart Stores here said last week that Doug McMillon, president and chief executive officer of Sam's Club for the past three years, has been named president and CEO of Wal-Mart International, the company's second-largest operating segment...

The U.S. District Court has ruled that Albertsons retained the rights to use the Lucky store banner even though it had removed it from its stores. Berkeley, Calif.-based Grocery Outlet had placed the Lucky name on one of its stores in 2006...

ORLANDO, Fla. — Supermarket News presented its 2009 Marketer of the Year Award to Joe Sheridan, executive vice president, Wakefern Food Corp., at a banquet here on the first day of FMI’s Midwinter Executive Conference.

Specialty grocery chain Trader Joe's, based in Monrovia, Calif., filed a lawsuit last week against Gristedes, alleging that a new store format Gristedes plans to open this week called Trader John's is a copycat of the Trader Joe's format.

Supervalu late last week announced 16 of its stores would close by Feb. 25.