Skip to main content

Supermarket/Grocery

  • Costco delivers strong sales in October

    ISSAQUAH, Wash. — Costco Wholesale reported net sales of $7.01 billion for the month of October, the four weeks ended Oct. 30, 2011, an increase of 11% from $6.3 billion during the similar four-week period last year.

    Total comparable-club sales for the month were up 9%. U.S. comparable-store sales were up 9%, while international comps rose 8%. Excluding the impact of fuel and foreign currencies total comps rose 7%, U.S. comps rose 6% and international comps rose 9%.

  • Whole Foods Q4 income surges 31%

    Austin, Texas -- Whole Foods Market reported that its fiscal fourth-quarter profit rose 31% to $75.5 million on higher sales, beating analysts' expectations. But the company's outlook for next year's profit fell just short of what analysts forecast on average.

    Revenue increased 12% to $2.35 billion.

  • October sales generally up, but short of estimates

    NEW YORK — Consumer spending slowed in October, sending a note of caution as retailers head into the holiday season. Eleven retailers missed expectations for same-store sales, while three chains beat estimates, according to a preliminary tally by Thomson Reuters. However, while the October results were not as promising as some retailers had hoped, sales for the most part rose and most chains reported results that were only slightly off from analysts’ estimates. Some analysts blamed Wall Street for underestimating how much caution is still out there.

  • Costco and Target report solid increases, but fall short of Street

    New York City -- Costco Wholesale Corp. reported a 9% increase in same-store sales in October, helped by strong performances in the United States and abroad, just short of the 9.2% increase predicted by analysts.

    Costco’s same-store U.S. sales rose 9% and were up 8% overseas. Taking out inflation in gas prices and a slightly negative impact from foreign currencies, the metric increased 6% in the United State and 9% internationally.

  • Costco results offer insight into other warehouse-club retailers

    ISSAQUAH, Wash. — With BJ's no longer reporting monthly sales, Costco is the only warehouse-club retailer left to give some insight regarding how Sam's Club performs on monthly basis. With Costco delivering positive comps for the month, it is safe to assume that Sam's and BJ's have garnered their fair share of the market.

  • Harris Teeter, Cardtronics team to roll out ATMs chainwide

    Houston -- ATM owner Cardtronics said Wednesday it has signed an agreement to provide ATM services to grocer Harris Teeter.

    As part of the agreement, Cardtronics has initially installed 100 ATMs for Harris Teeter in Florida, Maryland, North Carolina, South Carolina, Tennessee and Virginia. Additionally, the agreement provides Cardtronics the exclusive right to install ATMs in new Harris Teeter stores, as well as to transition all existing non-bank branch cash machines at Harris Teeter stores to Cardtronics' ATMs, over time.
     

  • Pet Supplies “Plus” names real estate exec

    Farmington Hills, Mich. -- Pet Supplies “Plus” said Tuesday that Donna Capichano Simmons has joined the company as senior VP real estate.

    Capichano Simmons, who was previously VP real estate development for Kohl’s, is charged with refining and implementing PSP’s real estate growth strategy.
     

  • Four new leases signed at Festival at Woodholme

    Baltimore -- Jacksonville, Fla.-based Regency Centers announced that it it has leased 10,774 sq. ft. of retail space to four new tenants at Festival at Woodholme, located in Baltimore.

X
This ad will auto-close in 10 seconds