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Unified Grocers, the retailer-owned cooperative, sent a letter to the homes of all its employees late last week emphasizing the company’s commitment to helping its administrative staff deal with the uncertainties of the economy.
CVS Caremark said yesterday that its tender offer for shares of common stock of Longs Drug Stores Corp., Walnut Creek, Calif., at a price of $71.50 per share has been successful.
Funds associated with the Tengelmann Group have scooped up more than 100,000 shares of downtrodden A&P stock, documents filed with the Securities and Exchange Commission on Monday show.
Wal-Mart Stores posted videos yesterday from Sens. John McCain and Barack Obama on three of its websites as part of an effort to enable them “to speak directly to the Wal-Mart Moms,” the company said.
The National Retail Federation has partnered with the International Council of Shopping Centers and the U.S. Department of Homeland Security to create emergency response protocols for retailers to react, respond, and recover from “active...
What effect will Wal-Mart's posting of thousands of grocery items on its website have on the supermarket industry's online efforts? How will the roiling economy alter shopping patterns for food, beverages and household goods, and change the amount...
PIGGY WIGGLY CAROLINA CUTS 26 JOBS CHARLESTON, S.C. Piggly Wiggly Carolina here has laid off 26 workers at its offices and warehouse in response to the economic downturn, a spokeswoman for the chain told SN. According to a report in the Charleston...
Sales are moving again at Pathmark, but they're coming at a cost. Issues related to a change in how Pathmark made forward buys, as well as a lag between accepting price increases and passing them along to shoppers, dragged margins down at Pathmark...
FOR 24 NORTH AMERICAN FOOD RETAILERS TRACKED BY SN, AT THE CLOSE THURSDAY, OCT. 16, 2008 MARKET SUMMARY gainers 16 losers 8 unchanged 0 Weis Markets +16.47% Village +12.83% Spartan Stores +9.42% Supervalu -9.42% Whole Foods -7.18% A&P -3.91% MOST...
LOS ANGELES Consumers will emerge from the current period of economic challenges and a possible recession with a different set of values, and retailers must prepare in advance to accommodate those changes, an executive of TNS Retail Forward said...