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Large Chains

  • Kings Food Markets expands into Connecticut with acquisition

    Parsippany, N.J. -- Kings Food Markets announced that the company has expanded into Connecticut with the acquisition of a Porricelli's Market location in Old Greenwich. 

    Kings, with 24 stores in New Jersey and New York, recently completed a brand relaunch that included grand reopenings of its Bedminster and Livingston, N.J., stores, with additional reopenings slated to take place throughout 2012 and 2013.
     

  • Supervalu names president of Shoppers

    Minneapolis -- Supervalu announced that Robert Bly will join the company as president of Shoppers Food and Pharmacy, a 56-store chain in the Baltimore, and Washington, D.C., market.

    Bly, 49, most recently served as VP of Kmart and Sears divisions for the Sears Holdings Co. He is expected to begin his new role on Aug. 22 and will report to Chuck Elias, senior VP retail operations.

    Bly replaces Tim Lowe, who recently accepted a new leadership role in Supervalu's merchandising organization.
     

  • Caribou in partnership with Jewel-Osco

    Minneapolis -- Caribou Coffee Co. announced it will be expanding its retail and commercial footprint in the Chicagoland area by teaming up with supermarket operator Jewel-Osco, which is part of the Supervalu company.

    Caribou Coffee opened its first retail location within Jewel-Osco's Barrington store last week, with plans to introduce two additional coffeehouses in the grocery's Hoffman Estates and Countryside locations in the near future, as well as five additional coffeehouses within Jewel-Osco in 2013.

  • Wal-Mart Q2 profit rises, but sales miss Street

    Bentonville, Ark. -- Wal-Mart Stores reported Thursday that net income for the second quarter rose 5.7% to $4.02 billion, compared with $3.8 billion in the year-ago period. Total revenue increased 4.5% to $114.3 billion, but missed Wall Street’s forecasted $115.8 billion in revenue.

    Same-store sales in the quarter advanced 2.2%, edging Wall Street expectations but trailing last quarter’s 2.6% same-store sales gain.

  • Finish Line names Wal-Mart exec as senior VP store operations

    Indianapolis -- The Finish Line announced Wednesday it has named Greg Beidler as senior VP store operations for the chain.

    Beidler was previously regional operations director for Sam’s Club/Wal-Mart Corp., and has served in management roles for GameStop, Brown Shoe, Circuit City and Athlete’s Foot.

  • Tried-and-True Anchors

    Don’t let the grocery sector shake-ups fool you.

    While there are individual failures, the category as a whole continues to find favor among developers that place a premium on having a traffic magnet in their shopping centers.

  • Save Mart raises funds for children's hospitals

    MODESTO, Calif. — Save Mart Supermarkets announced that all of its banners — including Save Mart, S-Mart Foods, Lucky, FoodMaxx and Maxx Value Foods stores — will be raising funds for children's hospitals in California and Nevada.

  • French retailer Auchan inks franchise deal with India's Max Hypermarket

    Dubai, India -- A Monday report by Reuters said that French retailer Auchan has entered into a franchise agreement with Max Hypermarket, India.

    Max operates 13 hypermarkets in India, which will be rebranded as Auchan stores in early 2013.

    The pair said they plan to open 12-15 new stores annually across India. Because Max Hypermarket India Ltd is controlled by retail and hospitality company Landmark Group, which operates hypermarkets under the Max brand only in India and therefore is not restricted under foreign ownership regulations.

  • Roundy’s grows Q2 profit

    Milwaukee -- Midwestern grocer Roundy’s reported Friday that net income for the quarter ended June 30 rose 6.6% to $18.9 million, compared with $17.7 million in the year-ago period. Sales edged up 1.7% to $996.8 million.

    Same-store sales dropped 3.3%.
     

  • Stater Bros. reports Q3 sales rise

    SAN BERNARDINO, Calif. — Third-quarter sales for Stater Bros. rose more than $10 million during the period ended June 24, the retailer said Tuesday.

    Third-quarter sales increased 1.14% to $949.8 million, compared with $939 million in third quarter 2011. Same-store sales also rose 1.14% during the third quarter. For the 39-week period ended June 24, sales rose 3.51% to $2.8 billion, compared with $96.7 million in the year-ago period. Same-stores sales for the 39-week period also rose 3.51%.

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