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Supermarket/Grocery

  • Walmart to buy Russian retailer eventually

    Walmart removed all doubt about how it intends to enter Russia this week when it announced the closure of its office in Moscow. The office was opened two years ago to investigate opportunities in the country, but international division president and CEO Doug McMillon said it no longer made business sense to maintain the facility.

  • Economy hits Stater Bros.' fiscal-year results

    SAN BERNARDINO, Calif. — Stater Bros. on Wednesday disclosed a more than 4% decrease in sales for fiscal year 2010.

    The California supermarket chain said sales for the fiscal year ended Sept. 26 were $3.61 billion, down from $3.77 billion in fiscal year 2009. Sales for the fourth quarter also experience a decline, dropping to $897.4 million, or 3.15%, since the year-ago period.

  • Rite Aid’s new loyalty program a major bright spot in tough Q3

    CAMP HILL, Pa. — What Rite Aid might wish for Christmas is accelerated results borne from its Wellness+ loyalty card program, because even as the chain lowered its guidance for fiscal 2011 sales, it’s that differentiated loyalty program that’s going to buttress sales next year and beyond.

  • Walmart, CVS and the nature of competition

    The word competition gets tossed around a lot in the retail industry as operators talk about market positioning -- who they do and don’t compete with. Oftentimes, companies will refer to direct competitors, but one thing about Walmart is that it has always tended to take the broad view of competition in that any company, no matter how small, who sold anything offered at Walmart was viewed as a competitor.

  • Promotional efforts examined

    Looking for insight into promotional efforts at Walmart and other retailers? Check out the new series of reports from ECRM at a newly launched website at www.promotionalreflections.com.

  • Beech-Nut and Disney's toddler line features Winnie the Pooh characters

    GLENDALE, Calif., and AMSTERDAM, N.Y. — Beech-Nut and Disney Consumer Products have teamed up to unite nutritious foods with characters that toddlers love.

    Beech-Nut's new line of products feature Winnie the Pooh characters, including the namesake bear and his pals Piglet and Tigger.

    The Beech-Nut toddler food is fortified with vitamins and minerals and contains valuable nutrients, fiber, whole grains, real fruit, real yogurt, real vegetables and protein. The line features meals, sides, snacks and juices including:

  • Court accepts A&P's DIP facility

    MONTVALE, N.J. — Bankrupt grocer A&P has announced that the U.S. Bankruptcy Court for the Southern District of New York has approved the $800 million debtor-in-possession financing provided by JPMorgan Chase. Of the total DIP facility, a $350 million term loan immediately has been made available.

    As previously reported, A&P filed for bankruptcy on Sunday and will keep its 395 stores open and operational during the proceedings.

    In addition, the court granted A&P's motion to approve its request for "first day orders," including:

  • NRF raises holiday forecast

    Washington – After a solid start to the holiday season, the National Retail Federation announced that it is revising its holiday forecast to 3.3%, up from 2.3%. The upward revision is due to improvement in a variety of economic indicators including stock market gains, recent income growth, savings built up during the recession - all giving consumers the capacity to spend.  

  • Shoppers Food & Pharmacy completes renovation at Southside Marketplace

    Baltimore -- Jacksonville, Fla.-based Regency Centers on Tuesday announced the completion of an interior and exterior store remodel of Shoppers Food & Pharmacy at Southside Marketplace, located in Baltimore. 

    The newly renovated anchor includes an upgraded shopping experience with updated finishes, lighting and store fixtures inside and out.

  • Retailers’ Green Efforts Focused on Energy Management

    Despite the uncertain economic environment, retailers are continuing to invest in green measures, according to a new report by RSR Research. What’s more, the number of retailers who believe that environmentally responsible initiatives are born out of good business sense is on the rise, up to 61% in 2010 from 49% the previous year.

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