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Supermarket/Grocery

  • Borders to end in-store café agreement with Seattle’s Best

    New York City -- Borders Group on Thursday said it planned to end its relationship with Seattle's Best Coffee and begin operating its own in-store cafes. 

    The move will allow Borders to reduce licensing fees as it works toward emerging from bankruptcy, a spokeswoman said on Thursday, and also to tailor its menus to customer needs.

    The company said in a filing in U.S. Bankruptcy Court in Manhattan that it will seek the court's approval of the move to reject its leases with Seattle's Best.
     

  • Stop & Shop "shores" up N.J. acquisition

    FAIRFIELD, Conn. — The Stop & Shop Supermarket Company announced that it has finalized its acquisition of five New Jersey Shore-area Foodtown supermarkets previously owned by Norkus Enterprises Inc. The transaction involves stores in Freehold Township, Manalapan, Neptune City, Point Pleasant Beach and Long Branch. Stop &Shop currently operates 10 stores in Monmouth and Ocean counties.

  • Winn-Dixie's Q3 profit rises 12%, sales slip

    Jacksonville, Fla. -- Winn-Dixie Stores said Monday that profit for the quarter ended April 6 rose to $23.5 million, compared with $20.9 million in the year-ago period.

    Revenue declined to $1.62 billion, and same-store sales slipped a half-percent.
     

  • Publix ends partnership with The Little Clinic

    LAKELAND, Fla. — Supermarket chain Publix has confirmed the termination of the lease arrangements with The Little Clinic within select store locations in Florida and Georgia.

    The move marks the end of Publix’s five-year partnership with The Little Clinic, which is part of Solera Capital’s portfolio. Solera Capital had acquired The Little Clinic’s predecessor in 2005.

  • Blue Moon Apparel to open at Auburn Village

    Auburn, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Auburn, Calif., at Auburn Village to Blue Moon Apparel.

    Opening its third women’s apparel location, Blue Moon Apparel has leased 1,400 sq. ft. of space and will open in June.

    The 134,000-sq.-ft. shopping center is anchored by Bel Air grocery store alongside national retailers such as CVS/pharmacy, Dollar Tree and Subway.
     

  • Wal-Mart Q1 earnings rise on overseas strength, U.S. still slumping

    Bentonville, Ark. -- Wal-Mart Stores reported Tuesday that net income for the first quarter ended April 30 rose 3% to $3.39 billion, beating Wall Street estimates. Overall results were powered by overseas stores and stringent cost controls, but business in the United States remains soft as U.S. Walmart stores posted an eighth straight quarter of same-store declines.

    Wal-Mart's U.S. division recorded a 0.3% dip in same-store revenue, dragged down by a 1.1% drop at its namesake stores. Same-store sales increased 4.2% at Sam’s Club warehouse stores.

  • Publix to close all 40 Little Clinic in-store units

    St. Petersburg, Fla. -- Publix Super Markets said Tuesday it is closing all 40 of its Little Clinics – in-store mini-clinics offering minor medical treatments – after five years in operation.

    According to an item in the St. Petersburg Times, 10 of the 12 locations in the Tampa Bay area have closed, and the remainder will be closed on yet-to-be-determined dates.

  • Walmart 1Q EPS beats guidance, but U.S. comps still a sore spot

    BENTONVILLE, Ark. — Walmart reported first-quarter earnings that were above the company's guidance, reflecting stability and strength in global operations, according to president and CEO, Mike Duke.

    Walmart's net income was $3.4 billion, or 98 cents per diluted share, compared with net income of $3.3 billion, or 87 cents per diluted share. 

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