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Supermarket/Grocery

  • Nash Finch joins North Dakota grocer to provide resources for local schools

    MINNEAPOLIS — Nash Finch Company, a Minneapolis-based food distributor, has joined with Leevers Foods, a North Dakota based grocery operator,  to provide funding for resource rooms for the Devils Lake, ND School District and St. Joseph’s Elementary School. The resource rooms will be fully operational and available to students when school starts this year, and each room will be equipped with 10 iPads. The two companies are also establishing and an annual scholarship, The Leevers Family Scholarship Fund.

  • Walmart Canada opens first converted Zellers store

    MISSISSAUGA, Ontario — The first of 39 former Zellers stores in Canada celebrated its grand opening as a Walmart store Friday.

    According to Walmart Canada, the 69,000 sq. ft. store located in Newmarket, Ontario, will feature easy-to-navigate aisles with directional signage, and a bright interior colour palette, which help define the store's merchandise areas, and lower shelving throughout for an improved sightline. In addition, a pharmacy has been added to the store making it even easier for customers to find everything they need.

  • Study: Expansion plans hit four-year high; Subway, Five Guys, Dollar General to open most stores in next 24 months

    New York -- The store opening plans of retailers hit a four-year high in July, according to the August edition of the National Retailer Demand Monthly report from RBC Capital Markets and Retail Lease Trac.

    Retailers in the RBC database currently plan to open 78,325 stores over the next 24 months, which represents an 11% increase over openings projected at the end of 2011, and a 0.6% increase over June’s level.

  • Report: Supervalu seeking buyers for entire company

    New York -- Advisors to Supervalu Inc. are asking potential buyers to bid for the entire operation, even as several suitors have inquired about individual parts of the U.S. grocery company, according to a report by Bloomberg News.

    In July, Supervalu said it was looking at options for overhauling the company, including a sale. The chain hired Goldman Sachs Group Inc. and Greenhill & Co as advisors.
     

  • Chicken Soup for the Soul to launch comfort food line

    Chicken Soup for the Soul, the well-known book publisher and leader in life improvement, inspiration and wellness, will launch a national line of nutritious, quality comfort foods that will be available in supermarkets and food retailers in early 2013.

  • Organic grocer 'Sprouts' new leadership

    PHOENIX — Sprouts Farmers Markets announced that Shon Boney, who has served as CEO since the company's founding in 2002, will assume the role of chairman of the board of Sprouts. Long-time Sprouts president Doug Sanders will become president and CEO, whereby he will continue to be responsible for all day-to-day aspects of running the business.

    According to the company, Boney is taking on the chairman role in order to spend more time with his family in Sand Diego.

  • EDLP in spotlight as Target squeaks under Walmart

    Walmart saw its low price supremacy challenged this week by a Bloomberg report indicating Target had lower prices on a basket of 150 comparable items.

  • Sprouts names new CEO

    Phoenix -- Sprouts Farmers Markets said Thursday that current CEO Shon Boney will move into the role of chairman, and that current president Doug Sanders will take the reins of the organic grocery chain as president and CEO.

    Sanders joined Sprouts in 2002 when the company had only one store. He became president in 2005 after serving in various roles including CIO and COO.
     

  • Survey: Consumers think economy is in dire straits; could affect holiday spending

    New York -- Survey results unveiled Thursday by online coupon site RetailMeNot.com and Ipsos Public Affairs found that  an overwhelming number of consumers think the economy is in dire straits. As well, this pessimistic group is shoppers to adjust their holiday consumption behaviors and shop earlier this year.  

    Specific findings of the report include:

  • Study: Amazon ranks as America’s favorite retailer

    New York - Amazon.com, Trader Joe’s and Costco Wholesale Corp. came out on top with consumers in a survey by global strategy firm OC&C Strategy Consultants, Boston. Rounding out the top five were Zappos and iTunes.

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