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Consumer Affairs & Relations

  • Another industry vet bids Kroger adieu

    After 44 years with Kroger, Smith’s division president Jay Cummins announced plans to retire.

    Cummins joined the company in 1972 as a clerk. His retirement will take effect April 29, the company said. A replacement to lead the 139 unit Salt Lake City-based division was not immediately named.

  • Popular New York grocery chain on brink of default

    The losses are mounting at one of New York City’s most beloved supermarket chains, the 80-year-old Fairway Market, as it battles increased competition from the likes of Trader Joe’s and Whole Foods Market. Fairway Group Holdings Corp., is on the cusp of default, and the next step could be bankruptcy court, Crain’s New York reported. The company warned investors in a regulatory filing on Feb. 5 that it could breach its loan agreements.

  • COO at Cabela's is stepping down

    One of the senior executives at Cabela’s is transitioning to an advisory role within the company.

    The sporting goods retailer announced that Michael Copeland, executive VP/COO, has decided to transition from his current position to a strategic advisory role. The transition will take place over the next month.

    Copeland joined Cabela’s in November 2007 as VP of retail operations. Since January 2010 he has served as Cabela’s COO.

  • WinCo coming to Texas center

    Boise, Idaho-based discount grocer WinCo Foods will develop a new ground-up 82,077-sq.-ft. anchor store at Trinity Valley Shopping Center in Carrollton, Texas.

    The new WinCo will be developed at the site of a former Target anchor store at the center. Following the closure, the ownership of the center, Josey Trinity Mills Ltd., acquired the vacant building in October 2015. The site will be demolished starting around April 2016, and the newly developed WinCo is scheduled to open in early 2017.

  • Retail CFOs feeling less bullish

    Market uncertainty around the world is taking a toll on retail CFOs confidence in the future.

    That’s according to a new BDO U.S.A. survey in which retail CFOs predict a 3.4% increase in total sales for 2016. It’s the second consecutive year that the total store sales projection has dipped since the spike to 5.1% in 2014.

    In addition, a notable decline in the number of CFOs expecting consumer confidence to increase this year was also revealed, which dropped nearly 50% year over year.

  • Surprising Harris Poll: The retailer with the best corporate reputation is…

    The nation’s top Internet retailer is also tops in corporate reputation.

  • Kroger CEO joins VF Corp. board

    The VF Corp. is adding some heavy duty retail expertise to its board of directors.

  • Loyalty, gas promotions lift Weis Markets in Q3

    Regional grocery chain Weis Markets says its loyalty program and other promotions helped boost traffic in the third quarter as the company reported an increase in same-store sales.

    For the period ended Sept. 26, sales increased 4.1% to $711.9 million while same-store sales increased 4%, compared to the third quarter in 2014. The company says it generated $12.8 million in net income, down 5.4%, compared to the same period in 2014. Third quarter earnings per share totaled 48 cents, compared to 50 cents in 2014.

  • Howard Hughes reaches major milestone for Ward Village

    Honolulu -- The Howard Hughes Corp. marked another critical milestone for Ward Village located in Honolulu, Hawaii. The company broke ground on Ae‘o, a 466 unit mixed-use residential tower that will be anchored by a flagship Whole Foods Market.

  • Veteran CPG executive joins BJ’s board

    The former head of global health and well-being at Procter & Gamble is the newest member of the board of directors at BJ’s Wholesale Club.
     

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