Mass Merchant

CINCINNATI and BENTONVILLE, Ark. -- Walmart and Procter & Gamble's Family Movie Night initiative is celebrating one year, and the companies plan to continue their partnership with the addition of five more movies in 2011.

Minneapolis -- Supervalu reported Thursday that net income for the quarter ended Feb. 26 slipped 2% to $95 million, compared with $97 million in the year-ago period, but results still beat Wall Street expectations.

Performance was impacted by softer sales, which dropped 6% to $8.66 billion, missing Wall Street's estimate of $8.73 billion. Same-store sales fell 5%.

Supervalu, which operates Albertsons, Jewel-Osco and Save-A-Lot chains, launched a turnaround plan more than a year ago.

The nation’s leading retail and restaurant chains came together to share ideas, discuss opportunities and find new solutions at Chain Store Age’s 47th annual SPECS conference, in Grapevine, Texas. Reflecting a renewed sense of optimism in the industry, overall attendance was up significantly, among retailers as well as exhibitors. All segments of the industry were in attendance, from discounters and specialty stores to supermarkets and home-improvement outlets to casual-dining restaurants.

TARRYTOWN, N.Y. -- Kraft Foods announced that its premium coffee brand, Gevalia, will be available for purchase in supermarkets, mass merchandisers and other retail outlets across the United States beginning in August.  

Washington, D.C. -- The U.S. Equal Employment Opportunity Commission disclosed Thursday that the Sam’s Club warehouse division of Wal-Mart Stores will pay $440,000 and other relief to settle a harassment lawsuit filed by the EEOC.
 
The agency disclosed the settlement in a statement on its website.