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Supermarket/Grocery

  • Walmart exec elected chair of health and benefits group

    SAN FRANCISCO -- Walmart’s U.S. VP of benefits, Chris McSwain, was elected chairman of the Integrated Benefits Institute, the organization announced Monday.

    “Chris McSwain has played an important leadership role in the health benefits community, and we look forward to his continued leadership with IBI,” said Thomas Parry, president of the non-profit health and productivity research organization.

  • Something to sneeze at

    An over-the-counter version of the antihistamine Allegra hit the marketplace this past Friday amid a promotional frenzy that was consistent with the approach taken when similar products such as Claritin and Zyrtec became available without a prescription. As was the case with other products before it, retailers are eager to get their share of sales so there tends to be considerable activity around the launch.

  • Winn Dixie signs cart-cleaning agreement with Green Secure Solutions

    Pompano Beach, Fla. -- Winn Dixie Stores has contracted Green Secure Solutions to clean, sanitize and protect shopping carts, hand baskets, handicap carts, food trays and other equipment at the grocer’s 484 stores.

  • Kite Realty Group completes five deals in South Florida

    Pembroke Pines, Fla. -- Indianapolis-based Kite Realty Group said Thursday that five new tenants will open at Cobblestone Plaza, located in Pembroke Pines, Fla.

    The center is anchored by Whole Foods, All Pets Emporium and Party City.

  • For what it’s worth

    Thanks to the Internet, a lot of what passes for news these days is a report based on a report based on a report with few if any filters in place to verify the accuracy of information. With that qualification in mind, Bloomberg this week reported that Walmart’s market share in China declined to 7.5% in the fourth quarter of 2010 compared to 8.2% in the second quarter. The news agency said its report was based on a report in the English language Shanghai Daily newspaper whose report was based on a report from a market research company identified as CTR.

  • Bi-Lo adds nutrition tags to shelves

    GREENVILLE, S.C. -- Bi-Lo has developed and launched its own nutritional tagging system that identifies healthful attributes in particular foods.

    The retailer said the system features a wide range of categories established by Bi-Lo’s registered dietitian, Monica Amburn. Amburn said the system allows customers to create positive attitudes about healthy eating.

    The tags highlight such benefits as "low sodium" or "an excellent source of vitamin C," as well as gluten-free and organic products.

  • Inflation, higher fuel prices to drive 2011 grocer gains

    CINCINNATI — Kroger on Thursday beat analysts’ quarterly consensus, posting 46 cents in earnings per share (adjusted for a goodwill impairment charge) that exceeded consensus by 2 cents EPS with higher-than-expected identical-store sales lift of 3.8% (excluding fuel).

    Same-store sales were particularly strong across natural food, bakery and deli/meat, Kroger chairman and CEO David Dillion told analysts during a conference call. “We were particularly pleased by sales growth in our drug and merchandise departments,” Dillon said.

  • Kroger Q4 profit up 9%

    Cincinnati -- Kroger Co. said Thursday that its fourth-quarter net income jumped 9.2% while sales rose 7.4%. It also announced that its board authorized a $1 billion stock repurchase plan.

    Net income was $278.8 million, compared with $255.4 million in the year-ago period. Quarterly revenue rose to $19.9 billion, with same-store sales up 3.8%.

    Kroger offered a cautious outlook for the current year, saying rising fuel costs are likely to take a bite out of household budgets.

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