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  • Q4, fiscal-year comps up for Publix

    LAKELAND, Fla. — Publix on Tuesday disclosed a 4.4% increase in its fourth-quarter sales, reaching $6.4 billion, while comparable-store sales for quarter also rose 3.2%.

    Net earnings for the retailer totaled $342.1 million, compared with $284.2 million in the year-ago period, an increase of 20.4%. Earnings per share for the fourth quarter increased to 44 cents for 2010, up from 36 cents per share in 2009.

  • Fresh & Easy officially opened in NoCal

    SAN JOSE, Calif. -- Fresh & Easy Neighborhood Market has entered Northern California with the opening of its first store in San Jose. The grocer also opened another Bay Area store in Danville today.

  • Report: A&P to close 32 stores

    New York City -- A&P plans to close 32 stores in six states, including four in the New York City area, Crain’s New York reported.

    Among the stores slated to close are 14 Pathmarks, seven Super Fresh shops, four A&Ps and three Waldbaums, according to the report.

    A&P operates 395 stores in eight states and the District of Columbia under the banners A&P, Waldbaum's, Pathmark, Best Cellars, The Food Emporium, Super Fresh and Food Basics. The company filed for Chapter 11 bankruptcy in December.

  • In SEC filing, A&P reports resignation of CFO

    MONTVALE, N.J. — Bankrupt grocer A&P reported in a recent filing with the Securities and Exchange Commission that Brenda Galgano, SVP, CFO and treasurer, will resign, effective March 27.

    According to the filing, Galgano gave her notice on Feb. 10. No additional details on her departure were disclosed.

  • Spartan Stores' Q3 a mixed bag

    GRAND RAPIDS, Mich. — Net sales for Spartan Stores slightly declined nearly 0.6% to $782.3 million during the third quarter.

    During the quarter, which ended Jan. 1, Spartan also experienced a rise in operating earnings, which increased from $13.7 million in third quarter 2009 to $16.6 million. Third-quarter earnings from continuing operations improved 42% percent to $7.5 million, or 33 cents per diluted share, from $5.3 million, or 23 cents per diluted share.

  • Nielsen to retire from Jewel-Osco

    ITASCA, Ill. -- Jewel-Osco, a Supervalu-owned company, announced that Keith Nielsen, Jewel-Osco president, has informed the company of his retirement effective at the end of the fiscal year (Feb. 28).

    Nielsen’s successor will be Brian Huff, SVP specialty retail for Supervalu. Huff will transition into the position beginning Feb. 7. All operations and business strategies will continue as normal.

  • Report: Shaw's may be pulled from sale block

    MINNEAPOLIS — Supervalu is having difficulty divesting its New-England based Shaw’s chain for more than $1 billion, the Wall Street Journal reported Tuesday, and the Minnesota grocery conglomerate may be ready to take down its "for-sale" sign.

    According to the report, Shaw’s has been on the block for several months with no takers. Many bids from private-equity firms actually came in below the asking price.

  • Report: Supervalu having trouble finding buyer for Shaw’s

    New York - Supervalu is having difficulty divesting its New-England-based Shaw’s chain for more than $1 billion, the Wall Street Journal reported Tuesday, and the Minnesota grocery conglomerate may be ready to take down its "for-sale" sign.

    According to the report, Shaw’s has been on the block for several months with no takers. Many bids from private-equity firms actually came in below the asking price.

  • Report: A&P to be considering bankruptcy

    Montvale, N.J. -- A report Friday said that Great Atlantic & Pacific Tea Co. may file for bankruptcy in the coming days to restructure debt.

    Citing unnamed sources, Bloomberg reported that a filing to reorganize under court protection may come as soon as this weekend. A&P hired law firm Kirkland & Ellis LLP to represent it in negotiations with creditors and in any Chapter 11 proceeding, according to the report.

  • Sunflower Farmers Market to open stores in California

    New York City -- Sunflower Farmers Market, which operates value-priced organic and natural food grocery stores, is opening its first store in California.

    Sunflower currently operates 32 stores in six Southwestern states. The chain, which focuses on offering fresh local foods at affordable prices, was founded in 2002 by Mike Gilliland, who helped start the Wild Oats chain that was later bought by Whole Foods Market.

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