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  • Grocer racks up another impressive year

    Publix Super Markets hit a milestone in 2015 as it exceeded the $30 billion mark in annual sales and also racked up another impressive quarter.

    The grocer reported that net earnings for the quarter ended Dec. 26, 2015, rose 15% to $521.1 million, from $453.3 million in the year ago period. For the full year, earnings rose some 13%, to $2 billion, compared to $1.7 billion last year.

  • Former Walmart exec to be new CEO at Mills Fleet Farm

    The former chief merchandising and marketing officer at Walmart has joined a Midwestern chain of farm and home stores as its new CEO.

    Mills Fleet Farm announced that former Walmart executive and Wisconsin native Duncan Mac Naughton will assume the role of CEO of the company now that it has been acquired by KKR, a global investment firm.

  • The Wilder Companies announces new personnel and promotions

    Boston -- The Wilder Companies announced new hires and promotions.

  • Retail real estate services firm well positioned for continued growth

    North Plainfield, N.J. -- Levin Management announced a series of promotions and new hires to support continued growth and expansion in 2016.

    “This is an exciting time for our company,” noted Matthew K. Harding, president for Levin. “We ended 2015 on a very positive note, and expect this momentum to continue throughout 2016. Our internal promotions and new staff additions ensure that we will consistently meet, and exceed, client expectations as we strengthen Levin’s presence in key markets throughout the Northeast.”

  • CBL announces second phase of Fisher-Price play area installations

    Chattanooga, Tenn. -- CBL & Associates Properties announce locations for the second phase of Fisher-Price play areas to be installed as part of a multi-year, multi-property partnership, which was announced fall 2015.

    The play areas will resemble a larger-than-life Toy Box featuring iconic brands like Thomas & Friends, Little People and more. These exclusive attractions will be brought to life by PLAYTIME, LLC, long-time partner of CBL.

  • Aldi drops ban on credit cards

    Fast-expanding grocery chain Aldi is making it even easier for consumers to shop its no-frills stores.

    The European chain has announced it will now accept credit cards – including Visa, MasterCard, Discover and American Express – at all of its stores across the country.

  • Pet Supplies Plus in expansion drive

    Pet Supplies Plus will target California as part of its strategic growth plan for 2016.

    The nation’s largest pet franchise, which has more than 330 locations in 26 states, announced it will expand into the Golden State to grow its base of multi-unit franchise partners.

  • AutoZone moves into the fast lane in Q2

    Efforts to rework its distribution process netted big wins in the second quarter for AutoZone, which reported increases in same-store sales and profit.

    The auto parts retailer posted net sales of $2.3 billion for its second quarter ended Feb. 13, an increase of 5.3% from the second quarter of fiscal 2015. Same-store sales increased 3.6% for the quarter. Net income for the quarter increased 8% over the same period last year to $228.6 million, while diluted earnings per share increased 14.2% to $7.43 per share from $6.51 per share in the year-ago quarter.

  • Stein Mart inks new agreement with Synchrony Financial

    Stein Mart says it has extended its consumer credit agreement with Synchrony Financial with a new long-term deal.

    Since 2006, Synchrony Financial and Stein Mart have partnered to offer credit card programs for qualifying cardholders at the retail chain’s 278 stores and at Steinmart.com. Consumers can apply in-store or online for the Stein Mart Style Credit Card or the Stein Mart Style Platinum Master Card.

  • Report: Sam's Club to overhaul grocery offerings

    Sam's Club is building a team of regional U.S. buyers to bring in more local and organic groceries in order to attract wealthier customers and better compete with Costco.

    According to Reuters,Sam's Club has hired a handful of buyers in Dallas and is considering putting teams in up to five other markets, John Furner, chief merchandising officer at Sam's Club, told Reuters. Until now, all of its buyers have worked out of company headquarters in Bentonville, Arkansas.

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