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  • Negative idents drive Supervalu sales down

    MINNEAPOLIS -- Supervalu reported net sales of $8.7 billion for the fiscal 2011 fourth quarter, compared with sales of $9.2 billion for the same period last year. Supervalu's fourth-quarter net earnings were $95 million, or 44 cents per diluted share, compared with net earning of $97 million, or 46 cents per diluted share the company reported last year. 

  • Former GSK executive named Safeway SVP

    PLEASANTON, Calif. — Darren Singer, a 25-year GlaxoSmithKline veteran, has been named Safeway's SVP pharmacy, health and wellness, the retailer announced.

    Singer will be responsible for retail pharmacy operations, specialty care, pharmacy services, compliance, benefit management and managed care for Safeway. He will report to Safeway's merchandising president, Kelly Griffith.

  • Evergreen Devco selects Grubb & Ellis to lease retail portfolio

    Phoenix -- Grubb & Ellis Co. said that Evergreen Devco has selected Bill Finch, VP, and Alex Gonzalez, senior associate, both of the company’s Retail Group, as the leasing agents of Goodyear Centerpointe, Villago Marketplace, Anthem Marketplace at Merrill Ranch and Sonoran Desert Village.

    The properties offer a total of 596,000 sq. ft. of space in the Phoenix metro area.

  • Loyalty on the line as Walmart ads tempt Target shoppers

    A whole lot of uncertainty now hangs over Target’s April same-store sales expectations, as Walmart this week began a major advertising offensive to regain customers and restore sales at its U.S. division.

  • Target is number two

    The 2011 edition of Interbrand’s Best Retail Brands report again lists Target in the second position with a value of $23.3 billion in between number-one-ranked Walmart at $142 billion and third-ranked Home Depot at $20.3 billion.

  • Safeway kicks off fundraising campaign for people with disabilities

    PLEASANTON, Calif. — Safeway on Friday announced the start of its companywide fundraising campaign for Easter Seals, Special Olympics, Rebuilding Together and a range of job training programs that help people with disabilities live fuller lives.

  • More food competition from Target

    The PFresh initiative at Target, which results in the addition of fresh food and an expanded offering of consumables, arrived in more Target discount stores last month, further elevating the competitiveness with Walmart supercenters.

  • Safeway earns award for philanthropic efforts

    PLEASANTON, Calif. -- Safeway Inc. announced that it was recognized this week by the Association of Fundraising Professionals with the organization's 2011 Freeman Philanthropic Services Award for Outstanding Corporation.

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