Ingles Markets said last week that fourth-quarter same-store sales rose 7.8%, excluding gas, but an aggressive development schedule and an effort to keep retail prices low put pressure on profit margins. For the period, which ended Sept. 27, net...
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE THURSDAY, DEC. 4, 2008 MARKET SUMMARY gainers 6 losers 18 unchanged 0 Ingles +19.72% BJ's Wholesale Club +8.53% Loblaw Cos. +8.06% MOST ACTIVE BY VOLUME Wal-Mart 87,726,324 Target 49...
Ongoing negotiations to sell its U.S. bakery business have increased speculation that George Weston Ltd. could use the proceeds from that sale to take Loblaw Cos. private.
Judy Spires, president of Acme Markets, will be the 2009 recipient of the Paradigm Award, the region’s most prestigious honor for businesswomen, the Greater Philadelphia Chamber of Commerce said last week.
George Weston here confirmed yesterday that a subsidiary is in discussions with Grupo Bimbo regarding the possible sale of its U.S. fresh bread and baked goods business.
Results from Safeway’s test of a small-store format in Long Beach, Calif., that opened in May have been "good but not great,” Steve Burd, Safeway’s chairman, president and chief executive officer, told the chain's investors...
Hannaford Bros. this week has begun a “voluntary resignation” program for headquarters employees here in advance of a corporate restructuring to be announced in January, according to reports.