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  • Kroger CEO Dillon received 66% pay increase in 2011

    Cincinnati -- A report on Friday by the Associated Press said that Kroger chief David Dillon received a 66% bump in pay in 2011, as the grocer surpassed its internal growth targets.

    Dillon was paid a package worth $8.9 million last year, up from $5.4 million in 2010. The compensation included a cash performance bonus of $2.7 million. Stock and award options rose to $5.2 million and salary was $1.3 million.
     

  • A&P to feature CEO in campaign highlighting services and products

    Montvale, N.J. -- A&P president and CEO Sam Martin will star in the retailer's new integrated marketing campaign highlighting the company’s vision to be the best neighborhood food and drug store, the company said Wednesday.

    The campaign’s theme is “shopping just got a whole lot better,” and it will mark the first time that A&P will run one marketing campaign across all of its A&P, The Food Emporium, Pathmark, Superfresh and Waldbaum’s stores.

  • Stater Bros. sees Q2 sales rise

    SAN BERNARDINO, Calif. — Stater Bros. reported its second-quarter results for the period ended March 25.

    The retailer's consolidated sales for the quarter rose nearly 2.7% to $937.7 million, compared with the year-ago period, while same-store sales also rose nearly 2.7%. Second-quarter net income totaled $16.4 million, compared with $9.3 million for second quarter of the prior year.

  • Marsh Supermarkets CEO joins Stop & Shop

    Indianapolis -- Marsh Supermarkets said that Joe Kelley, chairman, president and CEO, has left the company to become president of Stop & Shop's New England division. Marsh named COO Bill Holsworth as interim CEO, effective immediately.

    At Stop & Shop, Kelley succeeds Mark McGowan, who was promoted to executive VP supply chain, Ahold USA. Both appointments are effective May 21.
     

  • NASFT: Five hot specialty food retailers

    New York -- A New York City gourmet emporium and a Bay Area nine-store natural/specialty food supermarket chain are among the recipients of the National Association for the Specialty Food Trade’s Outstanding Retailers of 2012 awards.

  • Weis delivers Q1 income growth on increased productivity

    SUNBURY, Pa. — Weis Markets experienced a jump in its net income and operating income during the first quarter ended March 31, the retailer said.

  • Harris Teeter sees 2Q sales boost

    CHARLOTTE, N.C. — Supermarket retailer Harris Teeter experienced a boost in second-quarter sales, as well as sales for the first half of fiscal year 2012, the company said.

    Sales for the second quarter ended April 1, sales rose 6.7% to $1.12 billion, compared with the year-ago period, while the 26-week period experienced a sales boost of 7.6% to $2.24 billion, compared with the same period last year.

  • Supervalu transitions EVP retail operations role to former Meijer executive

    MINNEAPOLIS — Pete Van Helden, EVP retail operations for Supervalu, will be leaving the company this spring. Taking his place will be Kevin Holt.

    "This was a mutually beneficial decision that comes at the right time for both Supervalu and Van Helden, as the company continues to implement its business transformation strategy and as Van Helden moves on to opportunities that will better utilize his strengths," the company stated in a release.

  • Harris Teeter profit edges up in Q2, four stores and 10 remodels on tap

    Charlotte, N.C. -- Harris Teeter Supermarkets reported Thursday that net income for the quarter ended April 1 edged up to $30.3 million, from $29.9 million in the year-ago period.

    Sales climbed 6.7% in the period, to $1.12 billion from $1.05 billion. Same-store sales increased 3.9%.

  • Whole Food Q2 profit surges 31%; on track to open 24 to 27 stores

    Austin, Texas -- In what it called the best quarter in its 32-year history, Whole Foods Market’s second-quarter profit jumped nearly 31% on stronger sales. The company raised its full-year outlook on the results.

    “Our exceptional results in the first half of the year have given us the confidence to significantly raise our guidance for the full year. We are confident that our sales momentum and operating disciplines will create continued positive results for our shareholders," Walter Robb, co-CEO said in a statement.

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