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Supermarket/Grocery

  • KareFoot Spa & Bodywork opens at Plymouth Meeting Mall

    Plymouth Meeting, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that KareFoot Spa & Bodywork has opened at the company’s Plymouth Meeting Mall, located in Plymouth Meeting, Pa.

    The 2,827-sq.-ft. location is the retailer’s fifth in Greater Philadelphia.

  • Jewel-Osco raises funds and awareness for campaign against heart disease

    ITASCA, Ill. -- Jewel-Osco announced that it is partnering with the American Heart Association (AHA) to raise awareness and funds for the AHA's "Go Red For Women" campaign against heart disease, the leading cause of death for American women.

  • Kohl’s leads retailers in EPA Green Power list

    Washington, D.C. -- Kohl’s Corp. ranked second on the U.S. Environmental Protection Agency’s Green Power Partnership’s latest ranking of the Top 50 partners using the most renewable electricity.

    Kohl’s joined the top-ranking Intel as the only two partners using more than 1 billion kWh of green power. The retailer increased its green power purchase to more than 1.4 billion kWh of green power annually.

  • Weis posts 2010 sales gain

    SUNBURY, Pa. — Weis Markets on Thursday reported an 8.7% increase in its fiscal-year 2010 net income to $68.3 million for the 52-week period ended Dec. 25, and said its earnings per share for the year increased 21 cents to $2.54 per share, compared with the same period a year ago.

    The central Pennsylvania grocer reported a sales increase of 4.1% for the year to $2.6 billion. Comparable-store sales were up 1%.

  • Weis Markets profit rises 8.7% in 2010

    Sunbury, Pa. -- Weis Markets reported Thursday that net income for fiscal 2010 increased 8.7% to $68.3 million, compared with $62.8 million in the prior year.

    Sales for the year increased 4.1% to $2.6 billion. Same-store sales edged up 1.0%.

    Weis Markets currently operates 164 stores in its home state of Pennsylvania and in Maryland, New York, New Jersey and West Virginia.

  • Lower prices for all trump higher wages and profits for the few

    Slowly but surely the headwinds Walmart has faced for years in its domestic expansion efforts have begun to diminish to the point where major victories are now being scored. Two examples stood out this week on opposite sides of the country. The highest profile of these is the situation in New York where it may not seem like Walmart won a victory this week, but it did. Walmart’s entry into the city has been the subject of considerable and heated debate for at least five years, but the situation has come to head in recent months.

  • Spartan Stores' Q3 a mixed bag

    GRAND RAPIDS, Mich. — Net sales for Spartan Stores slightly declined nearly 0.6% to $782.3 million during the third quarter.

    During the quarter, which ended Jan. 1, Spartan also experienced a rise in operating earnings, which increased from $13.7 million in third quarter 2009 to $16.6 million. Third-quarter earnings from continuing operations improved 42% percent to $7.5 million, or 33 cents per diluted share, from $5.3 million, or 23 cents per diluted share.

  • Walgreens brings in New Year with larger marketbasket

    DEERFIELD, Ill. — Walgreens on Thursday posted January sales of $5.9 billion, representing an increase of 11.3% from last year. Early morning trading of Walgreen stock was up 51 cents to $42.48.

    Only 2.8 percentage points of that increase can be attributed to the acquisition of Duane Reade, the Deerfield, Ill.-based retailer stated. Total front-end sales increased 11.5% in January, and pharmacy sales increased 10.8%, accounting for 66.1% of total sales for the month.

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