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Supermarket/Grocery

  • Supervalu reduces garbage expenses by 12%, plans more zero-waste stores

    Eden Prairie, Minn. -- Supervalu announced that its ongoing commitment to reducing waste culminated with a milestone in fiscal year 2011, marking the first time recycling revenues exceeded landfill waste expenses. In total, the company reduced garbage expenses by 12.6% over last year’s levels, while also conducting an aggressive cardboard recycling initiative that nearly doubled revenues from the previous year. The end result was the company’s waste and recycling program posted a profit to the company’s bottom line.

  • Leonard Green buying BJ’s Wholesale for $2.8 billion

    New York City -- BJ's Wholesale Club announced on Wednesday that it has agreed to be acquired by the private equity firms of Leonard Green & Partners and CVC Capital Partners (“CVC”) in an all-cash transaction valued at approximately $2.8 billion.

    BJ's, based in Westborough, Mass., has 190 stores in 15 states. The company said its board unanimously approved the buyout.

  • New app in "Bloom"

    SALISBURY, N.C .— Delhaize-owned Bloom announced that it has launched a free app for iPhone, iPad and iPod users.

    The new mobile application, developed in partnership with Mercatus Technologies, gives guests easy access to weekly specials with the capabilities to build and manage virtual shopping lists and view delicious recipes through the grocer's Taste Mapper system, the company reported.

  • Blackstone acquires U.S. mall owner Centro Properties Group for $9 billion

    New York City -- BRE Retail Holdings, an affiliate of Blackstone Real Estate Partners VI L.P. announced Tuesday that it has acquired the U.S. assets and platform of Centro Properties Group and its managed funds for approximately $9 billion.

    The sale includes 585 community and neighborhood shopping centers and related retail assets aggregating 92.1 million sq. ft. in 39 states.

  • Bloom implements iPhone application

    Salisbury, N.C. -- Grocery chain Bloom said Tuesday it has introduced a free iPhone application that will allow its customers to access weekly specials, search recipes, manage shopping lists and find their nearest Bloom.

    "At Bloom, we look for opportunities to leverage technology to enhance our guests shopping experience," said Tammy DeBoer, VP of Bloom. "This new mobile application, from Mercatus, is user-friendly and makes it easy for our shoppers to connect with us and plan family meals."

  • Carrefour receives offer to merge with Brazilian retailer

    New York City -- Multiple reports on Tuesday said that French retailing giant Carrefour SA has received an offer to merge with Brazil’s Companhia Brasileira de Distribuicao.

    Brazilian investment fund Gama said in a statement that it proposed a merger between Carrefour, the world’s second largest retailer by sales after Wal-Mart Stores, and CBD, a local retailing giant.

  • Report: Store brands show sales increases across the board

    New York City -- The Private Label Manufacturing Association reported Tuesday that store brands have capped a decade of strong growth by posting sales increases across all three of the major retail channels in 2010 and pushing dollar market share to new all-time highs in supermarkets, drug stores and total outlets.

  • Survey: Retail theft up

    New York City -- Retailers lost $37.14 billion to theft last year, or 1.58% of retail sales, up from 1.44% in 2009, according to preliminary results of the National Retail Security Survey. The annual survey is conducted by the University of Florida for the National Retail Federation, with funding from ADT Commercial.

    As in previous years, employee theft accounted for the largest (approximately 44%) portion of the losses. Shoplifting and organized retail crime was second, with 33%. Administrative errors, vendor fraud and unknown causes make up the rest.

  • Target stays on message in USA Today

    During a question-and-answer style interview in Monday’s USA Today, Target chairman, president and CEO Gregg Steinhafel shared his thoughts on a wide range of topics including Walmart, inflation, designers and competition.

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