Kelley out as Stop & Shop president
Joe Kelley, president of Stop & Shop’s New England division, departed the company effective March 2, Ahold USA officials said.
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Ahold to lay off 120 in central offices
Ahold USA on Thursday confirmed an internal restructuring effort likely to result in the elimination of 120 jobs at its support offices in Carlisle, Pa., and Quincy, Mass.
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Target plans to eliminate 'several thousand' HQ jobs
Target Corp. expects to eliminate “several thousand positions” over the next two years, primarily at its corporate headquarters in Minneapolis, as part of a general restructuring, the company told SN.
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How H-E-B became Houston’s hometown grocer
Last month’s opening of a gleaming, new 91,000-square-foot supermarket — complete with an in-store, chef-driven restaurant — in Houston’s tony Tanglewood area stands as a monument to the 25-year arc of H-E-B’s expansion in the market.
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Fresh Market to exit California by March 31
The Fresh Market said it plans to discontinue operations in California by March 31 “to focus on higher growth opportunities.”
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Retailers tap into growler business
Albertsons continues to expand its tap-beer to-go business, this time by opening its fourth growler station in Idaho.
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Improving the retailer’s most valuable piece of real estate: Its brand
In our industry, we continually strive to optimize every square foot of selling space — believing it’s the most important area. I did too until John Hegarty, founder of Hegarty Advertising, caused me to look at retail differently when he said, “Always remember: a brand is the most valuable piece of real estate in the world; a corner of someone's mind.”
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Publix sales soar in Q4
Publix Super Markets said sales in its fiscal fourth quarter improved by 6.9% to $7.4 billion, with comparable-stores improving by 6.4%. Net earnings were $453.3 million, compared to $422 million for the same period in 2013, an increase of 7.4%.
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Roundy’s Q4 exceeds expectations
Roundy’s had strong sales in the fourth quarter. Net sales were $1.08 billion for the fourth quarter ending Jan. 3, an increase of 26.1% compared with the same time period last year. Same store sales declined 2.3%, an improvement from the first two quarters of the year.
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Why you need to pay attention to Target’s food retailing changes
Brian Cornell has been Target’s CEO for less than a year, and he’s already eliminated a major distraction by closing the money-losing Canadian operation. This allows him to concentrate on restoring the company to a leadership position in the U.S. Part of that success will come from reinventing the chain’s $14 billion+ grocery business.
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