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Supermarket/Grocery

  • Same old tune at Target is not music to Walmart’s ears

    The increases in average transaction size and customer traffic that Target credited with driving its 4.1% same-store sales increase during August is unwelcome news for Walmart. This is especially true since the biggest gains continue to come in categories where Walmart is traditionally strongest and is intent on demonstrating price leadership.

  • Save the dates: Sept. 21 & Nov. 14

    Walmart suppliers interested in learning more about the sales opportunity presented by serving Hispanic customers domestically and internationally will have several opportunities to do so in the weeks and months ahead.

  • An untapped opportunity at Sam’s Club

    The leadership transition Costco announced this week was hardly unexpected considering outgoing CEO Jim Sinegal is 75, but it does underscore what arguably has been one of the greatest distinctions between Costco and Sam’s clubs for the past 25 years, namely the stability of senior leadership.

  • Costco, BJs and Target beat expectations

    New York City -- BJ’s Wholesale Club, Costco and Target all beat Wall Street expectations in August, helped by consumers seeking out emergency supplies and clean-up items as they prepared for and then dealt with Hurricane Irene.

    BJ's Wholesale Club’s same-store sales jumped 11.5% in August, beating analysts' predictions for a 7.8% increase. The retailer said that gasoline sales contributed about 3.6 percentage points to the increase, and hurricane-related sales contributed another 2.5 to 3 percentage points.

  • SpendingPulse: August sales strong despite hurricane and Wall Street volatility

    Purchase, N.Y. -- The apparel, e-commerce, grocery, and luxury segments all showed continued growth in August, as the hardware, restaurant, and automotive repair sectors returned to positive territory, according to MasterCard Advisors SpendingPulse, a macroeconomic report tracking national retail and services sales.

  • Costco CEO Jim Sinegal to retire

    Issaquah, Wash. -- Jim Sinegal, the much-admired CEO and co-founder of Costco Wholesale Corp., plans to step down effective Jan. 1. The chain said its board has elected the company's current president and COO, Craig Jelinek, to succeed Sinegal.

    “Costco has a very strong culture and a deep bench of management talent," said Sinegal. "I have total confidence in Craig's ability to handle his new responsibilities and feel we are fortunate as a company to have an executive of his caliber to succeed me as chief executive of Costco."

  • Retail sales mostly solid in August; Limited leads apparel, but Gap declines

    New York City -- Despite low consumer confidence, the volatile economy and a hurricane, many retailers reported better-than-expected sales in August. Hurricane Irene appeared to put a dent in the results of some retailers on the East Coast, but the storm did not appear to do as serious damage as some expected.

    Total retail sales rose 4.4%, just missing the 4.6% rise that Wall Street analysts had expected, according to Thomson Reuters. Of the 19 out of the 25 retailers that Thomson Reuters tracks, 11 beat expectations.

  • O, Supermarkets

    When we think of our neighbors to the north in Canada, there are plenty of iconic symbols and traditions that come to mind: hockey, moose and the Mounties to name a few. When it comes to retail real estate in Canada, something else that could be considered “iconic” would be the fact that many regional malls there often have supermarkets as their major anchor.

  • DataBar: Is your supply chain prepared?

    By Jane Fazzalari

    Since the global standards organization GS1 first announced its plans for DataBar — a new labeling system that stores massive amounts of product data — retail industry stakeholders have been discussing its potential impacts. Major retailers such as Target and Walgreens have already started replacing the standard UPC code on their coupons with DataBar bar code and updated their POS systems according to accommodate the new labelling system.

  • Safeway launches contest to find 'America's Most Natural City'

    PLEASANTON, Calif. — Safeway announced that it will donate $20,000 to "America's Most Natural City" to help maintain its park facilities. In addition, the winning city will be awarded with 25 picnic tables, sectioned off from the 305-foot Douglas Fir table that recently broke the Guinness World Record for the World's Longest Picnic Table, which was built in celebration of Safeway's Open Nature, a new 100% natural line of high-quality foods, Safeway reported.

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