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Stater Bros. Charities makes donation to City of Hope
Stater Bros. Charities has presented a check in the amount of $75,000 to City of Hope to train a social worker in geriatrics and serve as the primary point person for elderly patients.
The social worker will gain hands on experience working with the geriatrics team, participate in educational conference calls, seminars and conferences and develop a comprehensive resource manual for older patients that will provide information about support services on campus and in the community. -
Stater Bros. net income soars in Q1
San Bernadino, Calif. – Stater Bros. Holdings Inc. reported a substantial increase in net income, for the first quarter of fiscal 2014. Net income more than doubled to $11.1 million from $5.4 million in the same period a year earlier. Net sales rose almost 2% to $984 million, to $968.7 million.
Same-store sales grew 1.4%. Jack H. Brown, chairman, president and CEO of Stater Bros., credited the supermarket retailer’s maintaining of a low-price market strategy during difficult economic times with boosting financial performance.
