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Supermarket/Grocery

  • Industry Commentary: C-stores evolving quickly amid rising expectation

    Las Vegas -- Today’s convenience stores face growing pressure to evolve amid the ramped-up expectations of global consumers, according to remarks made by Joseph Bona, president of branded environments at brand agency and retail design consultancy CBX, and Dan Munford, managing firector of U.K.-based Insight, convenience and petroleum retail strategy specialists, at the National Association of Convenience Stores’ annual convention in Las Vegas.  
  • September retail sales show weakness

    Washington, D.C. -- September retail sales, excluding automobiles, gasoline stations and restaurants, decreased 0.1% seasonally adjusted month-to-month yet increased 4.6% unadjusted year-over-year. According to the National Retail Federation (NRF), seasonal factors played a role, but the drop-off from August was worse than expected.  
  • The retail industry’s new best friend

    President Barack Obama has taken heat over his use of executive orders, but that wasn’t the case on Friday when retail trade groups lined up behind the president in support of wide ranging data security measures.

  • Price investments hinder Supervalu profits

    Supervalu president and CEO Sam Duncan is encouraged with the progress the retailer is making and why not. Identical store sales in the company’s Save-A-Lot units were up 6.5% in the second quarter.

    The company’s total sales for the period ended September 6, increased 1.8% to $4.02 billion while profits declined to $31 million, or 11 cents a share, from $40 million, or 15 cents a share. When adjusted for some non-recurring items, second quarter earnings were $34 million, or 13 cents a share.

  • Fairway names chief merchandising officer

    New York -- Fairway Group Holdings announced that Dorothy Carlow will join the supermarket company as chief merchandising officer, effective Nov. 3. Carlow will lead the merchandising team and the company's buying and sales strategies.  
  • Wal-Mart cuts back U.S. supercenter growth; ups e-commerce spending

    Bentonville, Ark. -- Wal-Mart Stores Inc. is planning to sharply cut back the growth of its U.S. supercenters in favor of smaller-format stores and acccelerated e-commerce and digital investments.    
  • Celebration Pointe begins construction on bridge

    Gainesville, Fla. -- Celebration Pointe has begun site work on a five-lane, $12 million bridge that will span Interstate 75. Celebration Pointe partner Ralph Contimade the announcement.  
  • Walmart slows physical expansion in U.S.

    A much anticipated acceleration of small format Walmart stores failed to materialize on Wednesday when the retailer announced plans to curtail domestic new store growth in 2016.

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