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Convenience Stores

  • Costco sales, income up in Q3

    ISSAQUAH, Wash. — Costco reported net sales of $21.85 billion for the third quarter, an 8% increase over sales of $20.19 billion for the same period last year. Comparable-club sales for the quarter increased 5%, which consisted of a 5% increase in the United States and a 5% increase internationally. Excluding the impact of fuel, total comps were still up 5%, however U.S. comps were 4% and international comps were 8% when adjusted for gasoline inflation.

  • Simon talks leverage, growth at retail conference

    Walmart U.S. CEO Bill Simon delivered an optimistic message about Walmart U.S.’s performance during the first quarter and its potential for the coming year during a presentation at a Morgan Stanley conference in Boston Wednesday. Ahead of the Walmart’s upcoming shareholders’ meeting, Simon talked about leveraging a more efficient supply chain to drive costs down, lower prices and improve traffic and shared insights on the company’s plans for growth in the second quarter and beyond.

  • Hy-Vee names new chairman and CEO

    WEST DES MOINES, Iowa — Randy Edeker, has been named chairman and CEO of Hy-Vee. Edeker will be only the fourth person in the company's 82-year history to be elected to this position. He will succeed Ric Jurgens, who is retiring June 1 following a 43-year caeer with the company.

    Edeker most recently served as President and Chief Operating Officer, and will now hold the offices of chairman, CEO and president of Hy-Vee.

  • Kmart now offering in-store bill-pay service

    HOFFMAN ESTATES, Ill. — Customers who wish to pay their bills in person can now do so at Kmart through the retailers new CheckFreePay walk-in bill payment service from Fiserv. The program is available at all Kmart stores nationwide and accepts bill payment from more than 3,000 companies—everything from electric, gas and cable bills to credit card statements and auto loans.

  • Survey offers food for thought on Pfresh

    Target may be investing in expanding its offering of fresh food under its PFresh remodeling initiative, but it has a long way to go before it is considered a top grocery destination, at least according to a survey from Market Force Information.

  • Fresh & Easy launches 'Ready to Cook' line

    EL SEGUNDO, Calif — Fresh & Easy Neighborhood Market has launched a new range of over 50 pre-seasoned, ready-to-cook items in stores just in time for the summer grilling season. The "Ready to Cook" line includes beef, pork, chicken, fish and vegetable options all pre-marinated or pre-seasoned ready to go straight in the skillet, microwave or on the grill.

  • Weis Markets breaks ground on what's to be grocer's first LEED-certified store

    SUNBURY, Pa. — Weis Markets on Thursday announced it has begun the construction of an environmentally innovative 65,000-sq.-ft. superstore in Fogelsville, Pa.

    When construction is completed, the store is expected to achieve U.S. Green Building Council’s LEED certification for measurably reducing or mitigating its environmental impact for sustainable site development, water savings, energy efficiency, material selection and indoor environmental quality.

  • Save-A-Lot arrives in Atlantic City

    ST. LOUIS — Supervalu is bringing its Save-A-Lot banner to Atlantic City, N.J.

    The store, which opened Thursday, will become the first full-service grocery store within a 21-mile radius of the city, the company said. The Atlantic City location is the 11th Save-A-Lot store in New Jersey.

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