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Independents

  • Fourth-quarter results boost Publix stock

    Publix’s sales for the fourth quarter of 2013 boosted the company’s stock price from $30 per share to $30.15 per share.

    The company reported sales of $7.4 billion, a 5.3% increase from last year’s $7 billion. Comparable-store sales for the fourth quarter of 2013 increased 4.3%.

    Net earnings for the fourth quarter of 2013 were $422 million, compared to $392.8 million in 2012, an increase of 7.4%. Earnings per share for the fourth quarter increased to $0.54 for 2013, up from $0.50 per share in 2012.

  • Bi-Lo Holdings, Delhaize Group deal moves forward

    New York -- Bi-Lo Holdings and Delhaize Group have received approval from the Federal Trade Commission to proceed with the transaction in which Bi-Lo Holdings will acquire substantially all of the stores in Delhaize’s Sweetbay, Harveys and Reid’s supermarket chains. As part of the deal, Bi-Lo agreed to divest 12 Delhaize America stores in Florida, Georgia, and South Carolina, and Delhaize Group agreed to retain two stores that were initially part of the deal.

  • Kroger’s QFC division has a new president

    Kroger has promoted Dennis Gibson to president of the QFC division. He succeeds Joe Fey, who was named president of Kroger's Mid-Atlantic division in January.

    Gibson has been serving as VP merchandising in Kroger's Columbus division.

  • Bi-Lo, Delhaize get green light on acquisition

    Bi-Lo Holdings and Delhaize Group have received approval from the Federal Trade Commission to proceed with the transaction in which Bi-Lo Holdings will acquire substantially all of the stores in the Sweetbay, Harveys and Reid’s supermarket chains from Delhaize.

  • Heinen’s to Bannockburn Green in Bannockburn, Ill.

    Chicago — Heinen’s Fine Foods has leased a 61,965 sq. ft. anchor location at the Bannockburn Green community center in Bannockburn, Ill., according to CBRE, which assisted in the lease negotiations.

    The 151,206-sq.-ft. center serves Deerfield, Lake Forest, Highland Park, Lincolnshire and Bannockburn. The center’s retail lineup includes Walgreen’s, Erehwon Mountain Outfitters, Sleepy’s, Panera Bread and GNC.

  • Weiss Markets names CEO

    Sunbury, Pa. — Weiss Markets named Jonathan Weis as president and CEO. Weis, 46, will also retain his role as vice chairman of the chain.

    Weis has been serving as the company’s interim CEO since David Hepfinger departed in September. He is the son of Robert F. Weis, who remains chairman of Weis Markets.


     

     

     

  • Sobey’s to sell 30 Canadian stores for $391 million

    Stellarton, Canada — Sobey’s Inc. has entered binding purchase and sale agreements with Overwaitea Food Group and Federated Co-operatives Limited that will see Sobeys sell 22 of the 23 stores it is required to divest as part of its consent agreement with the Competition Bureau related to its purchase of Canada Safeway.

     In addition, Sobeys has signed a binding letter of intent with Federated for the sale of its Price Chopper location in Winnipeg, which the company is also required to divest as part of its October consent agreement.

  • Weis Markets has a new CEO

    Weis Markets has named Jonathan Weis as president and CEO. Weis will retain his role as company vice chairman.

    Weis has been serving as the company's interim CEO. In his new role, Weis will oversee all aspects of the company's retail, supply chain, merchandising, human resources, information technology, finance, real estate and manufacturing operations.

  • Whole Foods stays positive after shares slip

    Whole Foods Market said total sales for the first quarter ended Jan. 19 climbed 10% to a record $4.2 billion. But those results reportedly missed analysts’ expectations, and the company has lowered its earnings outlook for 2014 as a result.

    Momentum at Whole Foods — as well as shares — slipped. Comparable store sales for the quarter increased 5.4%, compared to a 7.2% increase in the prior year.

  • Stater Bros. taps new senior director, real estate

    Stater Bros. has named Michael Reed as the company’s senior director of real estate.

    "We have great confidence that Michael will do an outstanding job of leading our real estate division," said chairman and CEO Jack H. Brown. "His management and real estate expertise will help Stater Bros. meet our present and future real estate needs."

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