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Supermarket/Grocery

  • Report: Wal-Mart to triple wholesale locations in India in 2011

    Bangalore, India -- A Wednesday report by Bloomberg said that Wal-Mart Stores, in its joint venture with Indian company Bharti Enterprises, plans to triple its wholesale outlet locations in India this year.

    The report comes as Wal-Mart and other foreign retailers have been blocked from opening retail outlets in India, and are permitted only to set up wholesale locations.

  • Coinstar and Safeway to install coin-counting kiosks

    Pleasanton, Calif. -- Safeway and Coinstar announced Thursday an agreement to install approximately 1,400 Coinstar kiosks in Safeway's stores in the United States and Canada by the end of 2011.

    Coinstar kiosks are to be installed in Safeway stores and its banners including Vons, Dominick's, Randalls, Tom Thumb, Genuardi's, Pavilions, Carrs and Pak N' Save. Installations are planned to begin this month, according to the companies.

  • Village Super Market profit plummets in Q3 on charge

    Springfield, N.J. -- Village Super Market reported Thursday that net income for the third quarter dropped 68% to $1.7 million, primarily due to a $4.2 million charge for the withdrawal liability from a multi-employer pension plan.

    Sales grew 5.2% to $316.2 million. Same-store sales increased 4.8%.

  • NRF praises Senate vote in favor of swipe-fee reform

    Washington, D.C. -- On Wednesday, the Senate rejected the Tester-Corker amendment to delay swipe-fee reform.

  • Target details $100 billion goal at annual meeting

    Target ended its last fiscal year with sales of $67.4 billion and earnings per share of $4, but if company chairman, president and CEO Gregg Steinhafel has his way, within six or seven years earnings per share will double to $8 and sales will top $100 billion.

  • Top 10 countries for retail expansion

    New York City -- Brazil jumped to first place in A.T. Kearney’s annual ranking of the top developing economies for global retail expansion, followed by Uruguay and Chile respectively.

    The 10th annual Global Retail Development Index reflects the dramatic changes that have taken place in global markets, and the varying impacts they have had on different emerging economies. Notably, countries in South America, which fared well during the recession, posted an impressive 6% growth in 2010.

  • Blockbuster Express kiosks arrive at Delhaize America banners

    DULUTH, Ga. — Delhaize America banners are getting the kiosk treatment.

    NCR is adding more than 800 Blockbuster Express kiosks to Delhaize America supermarkets, including Food Lion, Bottom Dollar Food, Harveys and Reid's across 11 states.

    Blockbuster Express kiosks will be located either inside or outside the stores and provide easy access to a wide selection of popular movies, starting at a promotional price of $1 per night per rental, NCR said.

  • Walmart exec to lead food safety initiative

    Frank Yiannas, VP food safety and health at Walmart, was named vice chair elect of The Global Food Safety Initiative (GFSI), an organization created in 2000 by The Consumer Goods Forum. Yiannas will assume the role of vice chair in February 2012 when current vice chair, Yves Rey, corporate quality general manager, at Danone becomes chairman.

  • Aldi tops survey of low-cost grocers

    Boulder, Col. -- Discount grocer Aldi ranks as the nation’s low-price grocery leader, according to a recent consumer survey conducted by Market Force Information.

  • Blake Nordstrom joins Whole Foods Market board

    Austin, Texas -- Whole Foods Market announced the addition of Blake W. Nordstrom to the company's board of directors, increasing the size of the board to 12 members. He will serve on the audit committee.

    Nordstrom, 50, has been president of Nordstrom since 2000 and has served as a member of the company's board of directors since 2005.
     

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