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Supermarket/Grocery

  • Meijer invests big in new stores, remodels

    GRAND RAPIDS, Mich. — Meijer is investing more than $160 million in new store construction and remodeling.

    The investment includes the construction of six new Meijer supercenters and major remodel projects for an additional five stores. Michigan, Indiana and Illinois will each welcome two new Meijer supercenters, with remodel projects planned at an additional four Michigan stores and one Meijer location in Illinois.

  • Harris Teeter possibly on sales block

    MATTHEWS, N.C. — Carolina retailer Harris Teeter may be exploring a sale, the Wall Street Journal reported Tuesday evening. 

    According to the report, Harris Teeter is being advised by JP Morgan. WSJ tabulated Harris Teeter's market value at $1.8 billion for its 200 supermarkets. 

  • Meijer investing $160 million in new stores and remodels

    Grand Rapids, Mich. -- Meijer is investing more than $160 million in new store construction and remodeling.

    The investment includes the construction of six new Meijer supercenters, and five major remodel projects.  Michigan, Indiana and Illinois will each welcome two new Meijer supercenters. The remodels planned at an additional four Michigan stores and one Meijer location in Illinois.

  • Market Track: January 2013

    The year started on a positive note with increases in both number of flyers and pages released to market. More than half of the retailers (56%) maintained previous levels or showed an increase in size of their circulars in January 2013. In addition, the number of inserts per market also showed an increase with almost half (44%) of the advertisers showing a rise in flyer drops for this month. Overall, the number of pages increased slightly (+3.1%), and the number of flyers rose (+8.4%) compared to last year.

  • Amazon, QVC, Apple lead in mobile satisfaction; Target among most improved

    Ann Arbor, Mich. -- Amazon has extended its domination of e-retail into the mobile platform, according to the ForeSee Mobile Satisfaction Index: Holiday Retail Edition, released on Tuesday by ForeSee.

    In a survey of more than 6,200 consumers collected during the peak holiday shopping season between Thanksgiving and Christmas, Amazon scored highest among 25 of the top mobile commerce companies.

  • Report: Harris Teeter considering sale

    New York -- A Tuesday report by the Wall Street Journal said that Harris Teeter Supermarkets is considering putting itself up for sale.

    Citing unnamed sources, WSJ reported that the grocer is working with J.P. Morgan Chase & Co. to pursue strategic options.

    No one from Harris Teeter has commented yet.

     

  • SymphonyIRI Group, 8th & Walton to offer insights on Walmart POS data

    CHICAGO and BENTONVILLE, Ark. — In light of Walmart's recent decision to share its point-of-sale (POS) data with select research companies for the first time since 2001, research company SymphonyIRI Group has partnered with 8th & Walton, a Walmart supplier education and Retail Link training business, to offer courses that will educate suppliers on the use of Walmart and multi-outlet POS data. Classes began Jan. 15 and are open to all interested Walmart suppliers with approved access to multi-outlet POS data.

  • First Data: Consumer card spending growth robust in January

    Atlanta -- A report released Tuesday by First Data Corp. found that dollar volume growth rebounded in January, improving to 6.2% versus 4% in December despite the payroll tax increase.

    The First Data SpendTrend report, which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations, found that improved retail spending was a large contributor to the January growth.   

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