Supermarket/Grocery

SuperValu Inc. on Tuesday reported fiscal fourth-quarter profit that beat expectations. But in a setback to plans to spin-off its deep-discount banner, same-store sales fell 2.2% at Save-A-Lot.

SuperValu earnings in the quarter increased to $52 million, or 20 cents a share, up from $39 million, or 14 cents a share, a year earlier. Excluding debt refinancing, store closures and expenses related to the potential Save-A-Lot spinoff, adjusted per-share earnings rose to 23 cents.

Supervalu on Monday announced that experienced financial executive and corporate board member Mary Winston has been appointed to Supervalu's board of directors effective April 27, 2016.

London stands at the forefront of international retailing as a global retail powerhouse, and as the number one market in the world.

That’s one of the findings of a new study from JLL, which identifies the top 50 major cities worldwide that offer the top growth prospects for retailers’ expansion plans. Hong Kong follows London in the rankings, with Paris, Dubai and New York City rounding out the top five. (A list of the top 25 markets is at the end of article.)

Diverse and high profile is how Schostak Brothers & Company describes the tenant mix at their southeastern Michigan shopping center and several recent additions ensure the venue lives up to that billing.

Trader Joe’s, DentalWorks, One Society and Brain Balance Achievement Centers have joined the Northville Park Place shopping center located on the southwest corner of 7 Mile and Haggerty Road in the Detroit suburb of Northville.

A look at cybercrime, data breach and security threat trends from 2015 demonstrates that criminals are indeed creatures of habit.

According to the Trustwave 2016 Global Security Report, which analyzes results of Trustwave security investigations during 2015, retail was the most targeted industry for data breaches. Twenty-three percent of Trustwave data breach investigations involved retailers. North America was the most popular geographic location for cyberattacks, with 35% of all Trustwave investigations occurring on the continent.

One key area of the supply chain is an area of concern for almost three-quarters of North American retailers.
 

One key area of the supply chain is an area of concern for almost three-quarters of North American retailers.

Emerging food service concept Maple Street Biscuit Company is the latest addition to one of Gainesville, Fla.’s fastest growing retail destinations.

BOISE, Idaho — Albertsons plans to provide free hearing tests to customers in 24 stores using a unique testing kiosk developed by Hearing Wellness Network.

The diagnostic test expands Albertsons Companies' health-and-wellness services to customers by offering a quick-and-easy method to diagnose possible problems and promote hearing awareness. Kiosks are now available as part of a pilot program at participating Albertsons, ACME, Jewel-Osco, Safeway, Shaw's, Star Market and Tom Thumb stores.

Energy that comes from an unlikely source will help power a distributed center operated by Stop & Shop Supermarket Company.

The retailer has opened a “Green Energy Facility,” in Freetown, Massachusetts, that will convert inedible food from Stop & Shop’s 212 New England stores into energy that will help power the company's distribution center in Freetown.