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Supermarket/Grocery

  • The press release never said Cornell was retiring

    Recently departed Sam’s Club president and CEO Brian Cornell is a little like legendary Cleveland Browns running back Jim Brown in that both walked away from their professions at the height of their careers. However, unlike Brown who gave up football for good after his best season ever, no one is expecting Cornell to stay retired.

  • Safeway keeps swimming up sustainable stream

    PLEASANTON, Calif. — As the Greenpeace's most sustainable U.S. grocer for seafood, Safeway already has a sterling reputation for providing its customers with a wide variety of responsibly-sourced fish. Now, the company is taking that even further by announcing that its Safeway brand skipjack (chunk-light) canned tuna will be responsibly caught using free-school purse-seine methods. The company will transition to the purse-seine method by the end of the year.

  • Research firm offers bright forecast for retail

    NEW CANAAN, Conn. — Not long after Deloitte released gloomy predictions for consumer spending in 2012, another firm is out with a more sunny forecast. Retail sales will increase by 5.7% in 2012, according to a new report by Customer Growth Partners, a consulting and research firm serving retailers, vendors and institutional investors.

    The report, “The Great Consumer Reset/The Great Retail Reset,” finds that falling household and credit-debt levels, along with higher savings rates, are fueling consumer spending. 

  • First Data reports steady dollar volume and transaction growth in January

    Atlanta -- Mild weather over much of the country spurred increased retail card spending growth in January, according to First Data Corp.’s SpendTrend, which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations.

    Overall year-over-year dollar volume growth was 7.0% in January, while overall transaction growth was 7.2%. Mild winter weather nationwide resulted in lower energy demands, providing consumers with additional income to spend at retailers.

  • PriceSmart in deal to build 6th location in Costa Rica

    San Diego -- PriceSmart announced that on January 9, 2012 it entered into an agreement to acquire approximately 16,038 square meters of property in La Union, Cartago, Costa Rica, upon which it plans to build its sixth warehouse club in Costa Rica.

    PriceSmart currently anticipates opening the Cartago Club in the summer 2013 in the market area where local Costa Rican press has reported that Sam's Club plans to operate its first warehouse in the Costa Rica market.

  • Retail Store of the Year: And the winners are…

    New York City -- The latest jewel in the portfolio of Mexican department store operator Liverpool took top honors in Chain Store Age’s 30th annual Retail Store of the Year design competition. The company’s 319,000-sq.-ft. store in the Mexico City suburb of Interlomas was named Store of the Year and was also the winning entry in the Department Store category.

    Here is a complete list of the winning projects, all of which will be featured in the March issue of Chain Store Age and reviewed at its annual SPECS Conference:

  • Whole Foods profit rises 33%; 69 new stores in development

    Austin, Texas -- Whole Foods Market Inc. reported Wednesday that profit for the first quarter rose a better-than-expected 33% to $118.3 million amid increased customer visits and higher prices on select items. On a follow-up conference call with analysts, the chain revealed it has 69 new stores in development, or 2.4 million square feet, in development.

  • San Francisco expands plastic bag ban to all retailers

    New York City -- San Francisco’s Board of Supervisors on Tuesday approved a proposal to expand the city’s bag on plastic bags from grocery stores and pharmacies to all retailers, including restaurants.

    The expanded regulations also call for customers to pay a 10-cent surcharge for paper bags at the point of purchase. The businesses charging the fee will keep the money to use how they see fit.

  • Supervalu to eliminate 800 positions

    Minneapolis -- Supervalu said Tuesday that will reduce its national work force by approximately 800 positions as part of its long-term turn-around strategy and ongoing efforts to reduce costs. The reductions include both current positions and open jobs that will not be filled.

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