Skip to main content

Large Chains

  • Report: SEC to review shareholder proposals after Whole Foods fight

    Washington, D.C. – The Securities and Exchange Commission (SEC) will reportedly review a rule that allowed Whole Foods Market Inc. to block a shareholder proposal regarding director nominations. According to Bloomberg, the SEC said it will take another look at a regulation that lets public companies block proposals from shareholders if the company offers a similar proposal.

  • Paster Properties renovating Northway Center

    St. Paul, Minn. -- Paster Properties announced that Northway Center is undergoing major interior and exterior renovations, scheduled to be completed summer 2015. The 92,197-sq.-ft. center is located in Lexington, Minnesota.

  • Roundy’s to open five stores in 2015; expects operating loss

    Milwaukee – Roundy’s Inc. expects to open five new stores in fiscal 2015, including one in the first quarter. However, the grocery chain also said it expects earnings per diluted share from continuing operations of flat to -$0.05 in the first quarter and a net loss of $0.07 to $0.18 per share in the fiscal year.

  • Grocers get in on omnichannel action

    The ability to create an integrated and personalized user experience across all channels is the promise of a new omnichannel grocery solution from Grid Dynamics.

    With the supermarket world evolving rapidly and shoppers demanding increased integration between physical and digital, Grid Dynamics released its Omnichannel Grocery Platform as an extension of the SAP hybris ecosystem of solutions. Citing statistics from BI Intelligence, Grid Dynamics said 3.3% of current U.S. grocery spending is online and that figure is projected to increase to 20% by 2018.

  • Japan’s Muji department stores to install NCR’s new self-checkout solution

    New York  -- Verifone announced that Delhaize America has selected Verifone’s multi-media, EMV and NFC-capable MX 925 payment terminals to enhance consumer engagement at the point of sale across all of Delhaize America’s U.S. locations.

  • Former Family Dollar COO named president and COO of Fred's

    Memphis -- Discount general merchandise chain Fred’s has named Michael K. Bloom as its president and COO, effective immediately. Until recently, Bloom held the same position at Family Dollar Stores Inc.; he resigned in early January after just over two years in the position and could be owed as much as $4.8 million in severance by Family Dollar, according to an SEC filing.

  • Fresh Market CEO out, company seeks new leadership

    The Fresh Market is heading into the new year with fresh leadership changes at the top.

    The specialty grocery retailer announced that Craig Carlk, president and CEO, and a member of the board of directors, has left the company and has resigned as a member of the board.

    The board has appointed Sean Crane, executive VP and COO, as interim CEO while the company evaluates candidates to replace Carlock.

  • Tops Friendly Markets to close 27 pharmacies

    WILLIAMSVILLE, N.Y. — Tops Friendly Markets, a grocer in upstate New York, northern Pennsylvania and western Vermont, is closing pharmacy departments in 27 of its 162 locations this month and transferring pharmacy prescriptions and inventory to five CVS/Pharmacy and 22 Rite Aid locations near each affected store.

  • Fresh Market seeks fresh CEO

    The Fresh Market is heading into the new year with fresh leadership changes at the top.

    The specielty grocery retailer announced that Craig Carlk, president and CEO, and a member of the board of directors, has left the company and has resigned as a member of the board.

    The board has appointed Sean Crane, EVP and COO, as interim CEO while the company evaluates candidates to replace Carlock.

  • Whole Foods Market coming to Premier Centre

    Mandeville, La. -- Stirling Properties announced the addition of Whole Foods Market to the tenant lineup at Premier Centre, a 273,000-sq.-ft. shopping center near the intersection of U.S. Highway 190 and North Causeway Boulevard in Mandeville, Louisiana.

X
This ad will auto-close in 10 seconds